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Benchmark indices saw a drop in early trade on Thursday following an eight-day surge on negative trends in the US equities markets brought on by new recession fears.The benchmark indices had a negative trend in the morning trade as a result of IT counter losses.In early trading, the 30-share BSE Sensex dropped 164.66 points to…
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…
Benchmark indices were up in the early going on Wednesday in Mumbai due to fresh foreign money inflows and buying in HDFC Twins.In the first round of trading, the 30-share BSE Sensex rose 218.68 points to 57,832.40. The NSE Nifty, a wider index, increased 71.5 points to 17,023.20.Mahindra & Mahindra, Hindustan Unilever, HCL Technologies, Tata…
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…
MUMBAI: Benchmark indices Sensex and Nifty declined in early trade on Friday amid a weak trend in Asian markets and fresh foreign fund outflows.Benchmark indices fell as a result of the weak trend in index heavyweight Reliance Industries.The 30-share BSE Sensex fell 123.03 points to 57,802.25. The broader NSE Nifty fell 61.1 points to 17,015.80.From…
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…
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…
MUMBAI: After a two-day surge, equity indexes fell in the opening trading on Thursday, going along with a sluggish trend in the world markets.The pressure was increased further by a negative trend in index heavyweights Reliance Industries and IT counters.After a shaky start, the 30-share BSE Sensex dropped 341 points to 57,873.59. The NSE Nifty…
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,…
