The national stock market closed about 1 percent higher on Tuesday, led by gains in financial and consumer goods stocks. Also, hopes for higher inflows after Morgan Stanley Capital Investment (MSCI) said it will implement the new regime on foreign ownership limits (FOL) on MSCI global indices containing Indian stocks …
Read More »MARKET: Maruti, HDFC help Sensex to raise 127 pts; Nifty tops 11,900
A healthy buying of select auto, technology and bank stocks helped benchmark indices settle in the green on Friday. The S&P BSE Sensex closed 127 points, or 0.31 percent higher at 40,686 levels, while the NSE Nifty closed at 11,930, 34 points higher, or 0.28 percent. The volatility index, India …
Read More »HDFC Bank’s second quarter net profit increases 16% to Rs 7,703 crore
NEW DELHI: HDFC Bank on Saturday it reported a 16 percent increase in its consolidated net profit of 7,703 crore for the second quarter ended September 30. The private sector lender had posted a consolidated net profit of Rs 6,638 crore in the corresponding quarter a year ago. Total consolidated …
Read More »LIVE MARKET: Sensex dropped 250 pts before SC’s hearing on interest exemption
Indian markets were more than half a percent lower on Wednesday before the Supreme Court hearing on a series of petitions seeking a waiver of interest on loans during the moratorium period. Among the major indices, the S&P BSE Sensex fell 250 points to 40,360 levels and the Nifty50 index …
Read More »LIVE MARKET: IT, Cement Stocks Perform Better in Limited Range Market
Photo: Kamlesh Pednekar Indian markets slashed all their morning gains and fell into the red in the limited-range session on Tuesday before the Supreme Court hearing on a batch of petitions seeking a waiver of interest on loans during the moratorium period. Among the major indices, the S&P BSE Sensex …
Read More »RBI LIVE policy: buyback rate unchanged at 4%; GDP will turn positive in the fourth quarter
The benchmark indices fluctuated between gains and losses on Friday as the RBI’s monetary policy committee (MPC) left the buyback rate unchanged at 4 percent. Governor RBI said the MPC has decided to continue with the “complacent” stance. The RBI forecasts that fiscal year 21 GDP will contract 9.5 percent, …
Read More »MARKET SHIPPING: Sensex goes up for the fifth day, finishes 304 pts higher; Titan gains 4%
Extending their winning streak to the fifth straight session, the benchmark indices finished nearly a percent higher on Wednesday, led by purchases at Reliance Industries (RIL) and HDFC Bank. Among the major indices, the S&P BSE Sensex closed 304 points, or 0.77 percent higher at 39,879 levels, and the Nifty50 …
Read More »MARKET SHIPPING: Sensex up 277 pts; TCS ‘m-cap exceeds Rs 10 trn, stock jumps 7%
NSE’s Nifty finished above 11,500 marks at 11.503, up 0.76 percent. Benchmark equity indices closed nearly 1 percent higher on Monday, driven mainly by information technology (IT) stocks and private sector lenders such as HDFC Bank and ICICI Bank. Shares in information technology (IT) companies were on a roll after …
Read More »LIVE MARKET: Sensex Expands 600 Points; Bajaj Auto, IndusInd Bank’s top winners
Indian markets soared more than 1 percent on Thursday, supported by favorable global signals. Among the major indices, the S&P BSE Sensex rose 600 points to 38,680 levels, and the Nifty50 index surpassed the 11,400 mark. Bajaj Auto and IndusInd Bank (up 5%) were the top winners for Sensex, followed …
Read More »MARKET WRAP: Sensex earns 95 pts, Nifty finishes at 11,227; Advance of stocks of consumer goods
Photo: Kamlesh Pednekar Indian markets were trading more than half a percent higher in Wednesday’s volatile session, driven mainly by consumer goods and pharmaceuticals stocks. Among the major indices, the S&P BSE Sensex was trading around 38,210 levels, up 210 points, and the Nifty50 index was testing the 11,300 mark. …
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