Tag Archives: Markets

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 …

Oil-to-telecommunications conglomerate Reliance Industries is constantly working to expand its presence in the retail sector. On Tuesday, the Abu Dhabi Investment Authority (ADIA) became the eighth investor in Reliance Retail Ventures, agreeing to choose 1.2 percent of the company’s share capital for Rs 5,512.5 million. ADIA joins the Silver Lake …

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 …

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 …

The government said Wednesday that it will stick to the ₹The $ 12 trillion borrowing plan it had laid out in May, a move that will help calm bond market investors who feared a further increase in the supply of government bonds to fund a second round of fiscal stimulus. …

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. …

The trend among the Nifty sector indices was largely negative, led by the Nifty PSU Bank index, which was down more than 2%. The benchmark indices ended Tuesday’s volatile session on a flat note with a negative bias. The S&P BSE Sensex ended at 37,973 levels, down 8 points or …

Stockbrokers react to BSE Sensex share prices (Photo: Kamlesh Pednekar) Indian markets were weak on the expiration day of the September derivatives series, falling more than one percent, due to subdued global signals. The S&P BSE Sensex fell 610 points to 37,020 levels and the Nifty50 index fell below the …

Shares of telecom service providers, primarily Bharti Airtel and Vodafone Idea (VIL), fell 6 percent on the BSE on Wednesday after rival Reliance Jio (RJio) announced a range of postpaid plans, including many first, like the mobile in flight. Connectivity Bharti Airtel was down 7 percent to Rs 437, while …

Indian stock markets rose half a percent on Wednesday, driven primarily by gains in information technology (IT) and auto stocks. The S&P BSE Sensex rose 250 points to 37,960 levels and the Nity50 index hovered around the 11,250 mark. Reliance Industries gained 2 percent after the company announced that KKR …