LIVE market updates: The benchmark indices, which rose half a percent, hovered around their all-time highs in midday trading Monday. The S&P BSE Sensex was trading 210 points, or 0.5 percent higher at 45,290 levels. The index reached an intraday high of 45.349, also its all-time high. The Nifty50 index …
Read More »LIVE MARKET: Indices record new highs, Sensex rises 150 pts; IRCTC earns 8%
LIVE market updates: Indian markets climbed to their new all-time highs despite trading poorly in early trading on Monday on a mixed set of global signals. The S&P BSE Sensex gained 150 points, or 0.3 percent, at 45,216 levels and the Nifty50 index surpassed the 13,300 mark. ONGC (up 3%) …
Read More »Explained: Why RBI Has Asked HDFC Bank To Stop Digital Launches And Obtaining New Credit Cards
Written by George Mathew, edited by Explained Desk | Mumbai | Updated: December 3, 2020 2:31:12 pm An HDFC ATM at SDA Market in New Delhi. (Express photo: Abhinav Saha) The Reserve Bank of India (RBI) has asked the private sector lender HDFC Bank to temporarily stop all the launches …
Read More »RBI directs HDFC Bank to halt digital launches and sign up new credit card users after latest outage
RBI ordered HDFC Bank to halt new digital launches. The Reserve Bank of India (RBI) directed India’s largest private sector bank, HDFC Bank, to temporarily halt all launches of planned digital business generation activities under its Digital 2.0 program, and other digital business applications. Proposed business generation IT, while ordering …
Read More »Actions in focus: HDFC Bank, Laurus Labs, Lakshmi Vilas Bank, Larsen & Toubro
Technical analysts say immediate support is at 12,800 levels for Nifty. With domestic markets at their highest ever levels, investors turned to accounting gains, resulting in a strong sell-off in the domestic equity markets yesterday. Technical analysts say immediate support is at 12,800 levels for Nifty. If the index manages …
Read More »Sensex tanks 997 pts from the day high, 44K infractions; Nifty ends at 12,859
The volatility index, India VIX, jumped 10 percent to 23.1. After climbing new all-time highs in morning trading, the domestic stock market fell about 1.5 percent on Wednesday as investors posted gains across the board. The volatility index, India VIX, jumped 10 percent to 23.1. Among the major indices, the …
Read More »LIVE MARKET: Indices lower earnings, Sensex exceeds 44k; HDFC, SBI top drags
BSE-1 (Photo credit: Kamlesh Pednekar) Indian markets trimmed all gains and were unchanged in early trading Monday, largely dragged down by finance. Among the major indices, the S&P BSE Sensex hovered around 43,880 levels. The index had risen to 44,271, earlier in the day. The Nifty50 index also lost 12,950. …
Read More »Indices end at an all-time high for the second day, Sensex earns 680 pts, exceeds 43K
Extending their winning streak to the seventh consecutive session, the benchmark indices gained more than 1 percent to hit record levels for the second consecutive session on Tuesday. Investor confidence got a big boost after Pfizer said its experimental Covid-19 vaccine was more than 90 percent effective based on the …
Read More »Finance raises rates; Sensex ends 504 pts prior to the US survey result.
The Indian stock market closed Tuesday up 1 percent, supported by favorable global signals, ahead of the outcome of the US presidential election. Analysts say that while predicting the outcome of the election is more difficult than never a victory for Democratic candidate Joe Biden will be good for emerging …
Read More »F&O expiration: L&T, HDFC twins drag Sensex 173 pts; Nifty is set at 11,671
Indian markets were unable to sustain their slight recovery in midday trading and fell half a percent, before the October series derivatives contracts expired. The S&P BSE Sensex was trading around 39,700 levels, down 220 points. The index hit an intraday low of 39,524. Meanwhile, the broader Nifty50 index hovered …
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