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Symphony buyback

Markets end last trading day of FY23 in style; sensex, Nifty rally nearly 2% on firm global trends

MUMBAI: In accordance with strong trends in the international markets and significant purchasing in index heavyweight Reliance Industries, benchmark indexes Sensex and Nifty closed the final day of the 2022–23 fiscal year with a nearly 2% increase.The upward momentum in the share market was further strengthened by recent inflows of foreign funds.The 30-share BSE Sensex…

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IPO Price

Markets trade higher in early trade on buying in Reliance, HDFC twins; firm Asian equities

Stock benchmark indexes rose in the opening hours of trading on Tuesday, following a strong trend in Asian markets and buying in index heavyweights Reliance Industries, HDFC Twins, and Technology counters.In early trading, the 30-share BSE Sensex increased 295.59 points to 57,949.45. The NSE Nifty index as a whole increased by 76.05 points to 17,061.75.Early…

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Job search firm Indeed announces laying off

Accenture to fire 7,000 in India as part of global cuts

Accenture Plc aims to terminate at least 7,000 of its around 350,000 employees in India as the world’s largest information services business prepares to let go of 19,000 individuals or 2.5% of its worldwide staff in the next 18 months. The move represents the first big layoff announcement by a prominent IT services provider this…

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IPO Price

Sensex snaps 2-day rally, falls 290 points to close below 58,000

MUMBAI: On Thursday, the benchmark Sensex for Indian equities fell 290 points to close below the 58,000 level following a sell-off in sectors related to banking, finance, and IT amid a sluggish trend in European equities.Meanwhile, intense selling pressure in Reliance Industries, an index heavyweight, increased the pressure, according to brokers.The 30-share BSE Sensex dropped…

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Markets open higher amid firm global trends

Markets open higher amid firm global trends; eyes on US Fed interest rate decision

MUMBAI: In keeping with a strong trend in global stocks, stock markets opened trading on a bullish note on Wednesday, building on their gains from the previous day.The BSE Sensex (30-share) increased 344.1 points to 58,418.78. The NSE Nifty, a wider index, increased 99.75 points to 17,207.25.Tata Motors, IndusInd Bank, UltraTech Cement, Larsen & Toubro,…

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