Mumbai: Benchmark Sensex equity index fell more than 250 points in early trading on Friday, following losses in the HDFC twins of index heavyweights ICICI Bank and Kotak Bank amid weak signals from markets global. The market is pausing at these levels with a higher chance of profit booking, experts …
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 »WhatsApp payments are activated in India
‘We are working with five leading banks in India: ICICI Bank, HDFC Bank, Axis Bank, State Bank of India and Jio Payments Bank. People can send money on WhatsApp to anyone using a UPI-compliant app, ‘according to a blog post Following the approval of the National Payments Corporation of India …
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 …
Read More »Sensex Up 377 Pts As Financials and Consumer Goods Rebound; Nifty ends at 11,889
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 »Nifty finishes higher but again fails to close above 12,000. What the analysts say
Indian stocks closed higher today amid a volatile trading session. The NSE Nifty 50 Index closed 0.34% higher at 11,937.65, while the S&P BSE Sensex closed 163 points higher at 40,707. Intra-day, Nifty peaked at 12,018 but was unable to maintain that level. This is the third time in eight …
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 »The worst is over, the economic recovery is faster than expected: Keki Mistry, CEO of HDFC
New Delhi: HDFC Ltd mortgage lender chief executive Keki Mistry said on Saturday that “the worst is over” and that the economic recovery has been faster than expected. Stating that growth in the December quarter could outpace the expansion seen in the corresponding quarter a year ago, Mistry said the …
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