Sensex, Nifty continue upward march; auto, bank shine

    Indian Benchmark index Sensex closed in the green for the third successive session on September 11, supported by gains in shares of bank and auto heavyweights, including Maruti Suzuki, State Bank of India and Tata Motors. The market remained in the positive terrain throughout the session in the light of easing Sino-US tensions. Besides, the…

    Market ends in negative on profit-booking

    The Indian equity ended in the red on Septemeber 12 on profit-booking as caution crept in ahead of the release of key macroeconomic numbers, later in the day. The five-day gains in Nifty and three-day rally in Sensex came to a halt after a fresh wave of selling emerged hours before the government data could…

    Bank, auto stocks help Sensex and Nifty end with gains

    Supported by gains in banking shares, NBFC, IT and auto heavyweights, benchmark indices Sensex and Nifty closed higher on September 13, . After rangebound trade for majority of the session, markets recovered sharply in late afternoon session and gained nearly a percent amid volatility. “News of payment default by an NBFC Altico Capital and mixed…

    Nifty turns negative for 2019; investors lose Rs 2.38 lakh cr in a day

    Indian equity market suffered strong losses on September 17 due to a widespread selloff as depreciating rupee and geo-political tensions spooked investor’s sentiment. Global crude oil prices eased slightly but remained on the elevated levels while the threat of retaliation over the attacks on Saudi oil facilities kept investors on tenterhooks. The poor health of…

    Sensex, Nifty end higher ahead of US Fed rate decision

    Indian equity market ended in the green on September 18 ahead of a widely expected rate cut by the US Federal Reserve. The US Fed will conclude its policy meeting later today in the light of conflicting economic data and constant pressure from the US government for interest rate cuts. After a two day losing…

    Investors lose Rs 1.65 lakh cr in a day as market hits 7-month low

    A strong wave of across-the-board selling enveloped Indian market on September 19, causing the benchmarks Sensex and Nifty to fall to their 7-month low levels. Closing at its lowest level since March 1, the BSE Sensex plunged for 470 points or 1.29 percent to settle at 36,093.47 with only four stocks – Tata Motors, HDFC…

    Market posts biggest single-day gain in 10 years; investors richer by Rs 7 lakh crore

    Market benchmarks Sensex and Nifty posted their biggest single-day gains in 10 years on September 20 after Finance Minister Nirmala Sitharaman announced a cut in corporate tax rates. After starting the session on a flat note, Sensex surged 2,285 points while Nifty soared 677 points. Nifty Bank jumped over 2,661 points intraday as market experts…

    Market closes nearly 3% higher; investors richer by Rs 10 lakh crore in 2 days

    The positive sentiment, built after the cut in the corporate tax rate, remained intact as the benchmark indices clocked strong gains for the second consecutive session on September 23 despite unsupportive global cues. The Sensex and the Nifty started the expiry week on a strong note buoyed by improved domestic sentiments after the government announced…

    Market closes nearly 3% higher; investors richer by Rs 10 lakh crore in 2 days

    The positive sentiment, built after the cut in the corporate tax rate, remained intact as the benchmark indices clocked strong gains for the second consecutive session on September 23 despite unsupportive global cues. The Sensex and the Nifty started the expiry week on a strong note buoyed by improved domestic sentiments after the government announced…