June 1, 2024 New Delhi, India Prime Minister Narendra Modi has forecasted that the Indian stock markets will hit record highs on June 4, 2024. In an interview with a business daily, PM Modi attributed this expected surge to the pro-market reforms his government has implemented, which have created a robust and transparent financial ecosystem….
May 31, 2024 New Delhi, India Stock Market Performance Overview The Indian stock market experienced a modest uptick as the Sensex and Nifty closed with marginal gains on Friday, primarily supported by realty and metal stocks. Key Indices Performance: Sensex: The index rose 76 points, closing at 73,961 ahead of the exit polls. Nifty: Closed…
The Indian stock market witnessed a sharp decline on May 30, 2024, driven by volatility on the expiry day of futures and options contracts. The benchmark indices, Nifty and Sensex, both recorded significant losses. Nifty Falls Below 22,500 The Nifty 50 index closed below the crucial 22,500 mark, highlighting a substantial downturn. Investors were cautious,…
May 29, 2024 New Delhi, India The Indian stock market experienced a notable downturn on May 29, with both the BSE Sensex and NSE Nifty closing significantly lower. This marks the fourth consecutive session of losses, driven primarily by declines in the financial and IT sectors. Key Points from the Market Performance: Closing Indices: Sensex:…
May 28, 2024 New Delhi, India Sensex Falls 220 Points, Nifty Below 22,900; Mid and Smallcaps Drag The Indian stock market closed lower in a volatile session on May 28, with both the Sensex and Nifty ending in the red due to pressure from key sectors and index heavyweights. Market Performance The BSE Sensex fell…
May 27, 2024 New Delhi, India Sensex and Nifty End Flat Amid Volatility; Realty and Banks Show Gains Indian stock market ended a volatile session on a flat note on May 27, after hitting record highs earlier in the day. Despite the initial surge, profit booking and mixed global cues led to a subdued close…
May 24, 2024 New Delhi, India NSE-Listed Companies Reach $5 Trillion Market Cap in Record Time The market capitalization of companies listed on the National Stock Exchange (NSE) has reached an impressive $5 trillion, up from $4 trillion in just six months, signaling a robust period of growth for the Indian stock market. Rapid Market…
May 23, 2024 New Delhi, India Sensex, Nifty Hit Record Highs Indian benchmark indices reached new record highs on May 23, driven by robust gains in the auto, IT, and banking sectors. The Sensex surged by 1,196.98 points, or 1.61%, to close at 75,418.04, while the Nifty rose by 369.90 points, or 1.64%, to end…
May 22, 2024 New Delhi, India Sensex Gains 268 Points, Nifty Nears 22,600; IT and FMCG Stocks Shine The Indian stock market ended on a positive note amid volatility on May 22, with the Sensex and Nifty closing higher. The benchmark BSE Sensex rose by 267.75 points, or 0.36%, to settle at 74,221.06, while the…
May 18, 2023 New Delhi, India Special Stock Market Session Highlights In a special trading session on Saturday, the Sensex and Nifty 50 closed higher, marking a successful test of the stock market exchanges’ disaster recovery systems. The Sensex rose by 89 points to end at 74,006, while the Nifty 50 climbed 36 points to…
