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Share Market Today: Sensex Down 250 Points; Nifty Declines After Hitting Fresh High

Share market today: The two key equity benchmarks, Sensex and Nifty, on Friday are trading lower tracking weak trends from global markets. At 10.15 am, the BSE Sensex dropped 245 points to 81,098. On the other hand, the NSE Nifty was trading at 24, 687, declining 114 points. Stock update On the 30-share Sensex plaftrom, Tata Steel, TechM, JSW Steel, UltraCemco, Bajaj Finance, Tata Motors emerged losers. On the flip side, Infosys, Asian Paints, HCL Tech, ITC, Kotak Bank, Nestle were among the lead gainers. Infosys jumped nearly 3 per cent after the firm clocked a 7 per cent rise in consolidated net profit at Rs 6,368 crore in the April-June quarter. In the broader markets, the BSE Midcap index slumped 0.9 per cent, while the BSE Smallcap index fell 0.77 p...
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Share Market Today: Sensex Ends Below 80k, Falls 427 Points; Nifty Around 24,300. M&M Slips 6%

Share market today: The two key equity benchmarks, Sensex and Nifty, on Wednesday came under considerable selling pressure tracking heavy losses in metal, auto, and IT stocks and broad-based profit booking. The BSE Sensex index declined 916 points intra-day, before recouping some of the losses to end at 79,925, falling 427 points. On the other hand, the NSE Nifty50 hit an intra-day low of 24,141 before closing at 24,324, down 109 points. Stock update On the 30-share Sensex platform, M&M was the main laggard, slipping 6.62 per cent, followed by Tata Steel, TCS, HCLTech, SBI, JSW Steel. On the flip side, Asian Paints, PowerGrid, NTPC, HUL, Sun Pharma, Adani Ports emerged gainers. In the broader markets, the BSE Midcap and Smallcap indices settled 0.19 per cent and 0....
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Video | Why Did Markets Slide In Trade Today?

With both the Nifty and the Sensex sliding significantly in trade today and all sectoral indices  witnessing a weak session of trade, NDTV's Sakshi Bajaj speaks to G Chokkalingam, Founder, Equinomics Research on what really are the reasons for this decline and what's the road ahead for India's stock markets. Source link
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Share Market Today: Sensex Tanks 846 Points; Nifty Sinks Below 24200. M&M Skids 6 Per Cent

Share market today: The two key equity benchmarks, Sensex and Nifty, on Wednesday plunged sharply amid mixed global trends. At 10.45 am, the BSE Sensex tanked 846 points to 79,506. On the other hand, the NSE Nifty50 was trading at 24,174, declining 259 points. Stock update On the 30-share Sensex platform, M&M declined 6.47 per cent, followed by Tata Steel, SBI, HCL, Tata Motors. On the flip side, Maruti, Airtel, HUL, Asian Paints, Axis Bank, and Bajaj Finance emerged gainers. In the broader markets, Nifty Smallcap jumped 0.05 per cent while Midcap was trading 0.09 per cent higher. Sectoral update Sectorally, Nifty Realty was the top gainer, rising nearly 1 per cent while Auto and Private Bank were the major losers, dropping 0.70 and 0.60 per cent, respectively. In ...
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Market Momentum Could Propel Sensex To 90,000 And Nifty To 27,000 By December

Market Momentum: Sensex and Nifty, the two key Indian equity benchmark indices, could reach their respective peaks by the end of December. Market experts predict that Sensex might touch the 90,000 mark by year-end, while Nifty50 is expected to hit an all-time high of 27,000 levels in the near term. Abhishek Khudania, Senior Executive Director at Wealth, Client Associates, remarked on the market's fascination with reaching new highs. He drew a parallel to Newton's First Law, suggesting that the market's momentum could continue unless interrupted by external forces. "The last few highs of Sensex have been in record time periods of around 140 to 160 days, and if this were any indication, we could probably touch the 90,000-mark by end of December 2024," he told ABP Live. H...
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Stock Market Rally: Discover The Key Factors Fueling Sensex And Nifty Today

Stock Market Rally: Indian benchmark indices rallied for the third consecutive session, with the Nifty crossing the 24,000 mark for the first time ever, driven by gains in Information Technology and energy sectors. At the close of trading on Thursday, the Sensex rose by 569 points, or 0.72 per cent, to settle at 79,243, while the Nifty climbed 176 points, or 0.74 per cent, to finish at 24,045. Both the indices hit new record highs during the session, with the BSE Sensex touching 79,396.03 and the Nifty50 reaching 24,087.45. The Nifty Bank index also achieved a fresh record high of 53,180.75. Though the benchmark indices exhibited bullish momentum, the market breadth was negative, with 1,128 shares advancing, 2,240 shares declining, and 93 shares remaining unchanged. Af...
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Share Market Today: Sensex Rises 340 Points; Nifty At 23,570. Indices Hit New All-Time Highs

Share market today: The two key equity benchmarks, Sensex and Nifty, on Tuesday touch new record highs amid positive global trends. At 9.50 am, the BSE Sensex gained 343 points to 77,336. On the other hand, the NSE Nifty50 was trading at 23,570, up 105 points. Stock update On the 30-share Sensex platform, M&M, Wipro, Titan, PowerGrid, TechM, SBI emerged gainers. On the flip side, Maruti, UltraCemco, Kotak Bank, Asian Paints, Reliance were among the losers. About 2,193 shares advanced, 734 shares declined, and 156 shares unchanged. In the broader markets, the BSE Midcap and Smallcap indices jumped 0.34 per cent and 1 per cent higher, respectively. Sectoral update Sectorally, Metal stocks, PSU banks index, and IT index were among the top gainers, while healthcare and...
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Share Market Today: Markets At All-Time High; Sensex Rises 450 Points, Nifty Above 23,400

Share market today: The two key equity benchmarks, Sensex and Nifty, on Wednesday hit an all-time high, day after Modi 3.0 ministers assumed office. At 10.10 am, the BSE Sensex jumped 451 points to 76,908. On the other hand, the NSE Nifty50 was trading at 23,402, up 137 points. Stock update On the 30-share Sensex platform, Bajaj Finance, Tata Motors, PowerGrid, ICICI Bank, Airtel, TechM emerged early gainers. On the down side, Asian Paints, Titan, Nestle, HUL, ITC, M&M were among the losers. In the broader markets, the BSE Midcap index rose 0.49 per cent while the Smallcap index advanced 0.62 per cent. Sectoral update Sectorwise, all the indices are trading in the green. Among indices, Nifty IT, Nifty Media, and Nifty Oil and Gas jumped 1.34 per cent, 1.05 per cent...
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Business News Live: GIFT Nifty Under 23,300, Investors Await Domestic Inflation Data

Business News Live: Hello and welcome to ABP Live's Business LIVE blog. Please follow this space for all the breaking news and latest updates from the stock market, economy, and the corporate world. The GIFT Nifty traded in red on Wednesday morning below the 23,300 mark. Investors will keenly await the inflation data for May, scheduled to be released today after market hours. Further, the US Federal Reserve will also announce its decision regarding interest rates on Wednesday. This will provide insight into the monetary policy ahead. The industrial production and manufacturing figures for May for India are also scheduled for today. In the last trading session on Tuesday, the key equity benchmark indices ended trading on a flat note after hitting new record highs during the day. The S&am...
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Video | Adani Group के शेयरों में ज़ोरदार उछाल, NDTV में सबसे ज़्यादा बढ़त दर्ज | Share Market | Sensex

  Share Market Today: भारतीय शेयर बाजारों में शुक्रवार को भी तेज़ी का दौर जारी रहा, और BSE और NSE में खासा उछाल दर्ज किया गया. BSE का संवेदी सूचकांक सेंसेक्स 2.16 प्रतिशत, या 1618.85 अंक की बढ़ोतरी के साथ 76693.36 पर बंद हुआ, हालांकि कारोबार के दौरान वह 76795.31 तक पहुंच गया था. NSE का निफ्टी भी 2.05 प्रतिशत या 468.75 अंक के उछाल के साथ 23290.15 पर बंद हुआ. कारोबार के दौरान अदाणी समूह के नौ शेयरों में शानदार बढ़ोतरी दर्ज की गई, और इनमें सबसे ज़्यादा बढ़ोतरी NDTV के शेयर में देखी गई.(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.) Source link ...
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Business News Live: Stock Market Opens Strong; Sensex Up 350 Points, Nifty Above 22,700

Business News Live: Hello and welcome to ABP Live's Business LIVE blog. Please follow this space for all the breaking news and latest updates from the stock market, economy, and the corporate world. In the last trading session on Wednesday, the key equity benchmarks, Sensex and Nifty, executed a remarkable recovery, each surging over 3 per cent, following substantial losses in the preceding trading session, attributed to poll outcomes falling short of expectations.  The BSE Sensex recorded a surge of 2,303 points, concluding at 74,382, while the NSE Nifty50 ended at 22,620, marking a gain of 736 points. Both indices reached intraday highs of 74,535 and 22,670, respectively. Furthermore, in May, India saw a decline in services activity growth to a five-month low, driven by waning domesti...
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Market Rebound: Investors Gain Rs 13.22 Lakh Crore Post-Rout Recovery

Investor wealth: A day after facing massive wealth erosion, equity investors experienced a significant turnaround, gaining Rs 13.22 lakh crore on Wednesday as markets made a robust comeback. The BSE Sensex surged 2,303.19 points (3.20 per cent) to close at 74,382. Throughout the trading session, the index rallied by 2,455.77 points (3.40 per cent), reaching an intraday high of 74,535. Reflecting the renewed optimism on Dalal Street, the market capitalisation of BSE-listed companies soared by Rs 13,22,847.05 crore, climbing to Rs 4,08,06,552.32 crore ($4.89 trillion). "Indian markets demonstrated a spirited recovery driven by broad-based buying across various sectors, as political stability appears assured. However, focus will remain on the formation of the government a...
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Share Market Today: Sensex Rises 2,303 Points; Nifty Settles Above 22,600

Share market today: The two key equity benchmarks, Sensex and Nifty, staged a smart recovery on Wednesday, rallying over 3 per cent each after facing heavy losses in the previous trade on below-expectation poll results. As per reports Narendra Modi has tendered his resignation for the second term and will take oath as prime minister for a third term on June 8. The BSE Sensex surged 2,303 points to close at 74,382. On the other hand, NSE Nifty50 closed at 22,620, rising 736 points. The two indices intraday highs of 74,535, and 22,670, respectively. Stock update On the 30-share Sensex platform, IndusInd Bank was the lead gainer, up 7.75 per cent, followed by Tata Steel, M&M, Bajaj Finance, Kotak Bank, Axis Bank. All the 30 constituents closed in the green zone.   In ...
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Bloodbath on D-Street on result day: A record 4,390-pt crash in sensex – Times of India

MUMBAI: Investors, globally, do not like surprises. They also prefer a status quo. Surprisingly, both these elements were missing during Tuesday’s trading on Dalal Street. The result: A never-seen-before 4,390-point crash in Sensex and a Rs 31-lakh-crore wealth destruction in just six-and-a-half hours.On Tuesday, contrary to exit poll predictions of a resounding election mandate for the ruling BJP, voters left the ruling party 31 short of the majority mark and made it dependent on allies such as TDP and JD(U).As a result, investors now expect that the new govt will not be able to take some of the bold policy decisions to push the economy along the strong economic growth path that it’s already on.As the initial poll results trickled in, sensex opened about 200 points down but then heavy ...
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Share Market: Uncertainty In Election Trends, Sensex About 4,400 Points Down, Nifty At 21,995

Share market today: The stock market on Tuesday witnessed a blood bath as the Lok Sabha Elections 2024 trends contradicted the result of the exit polls released over the weekend. The election trends during the day indicated a lead for PM Modi’s BJP-led NDA alliance, however, the margin of the victory fell majorly in comparison to the pollsters’ projections.  The polls predicted the NDA alliance to win the elections with a comfortable margin of 300 to 350 seats, however, around market closing time, the election trends showed the NDA alliance leading with around 290 seats. The INDIA alliance completely turned the projections around and emerged with a seat tally of around 225 seats in the trends. This severely impacted investors’ sentiments in the market an...
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From Adani To NTPC, A Look At Major Laggards Today As Markets React Negatively To Elections

As the outcome trends from the Lok Sabha Elections 2024 on Tuesday contradicted the exit poll predictions, the stock market reacted strongly. Against the projections of an easy win with a majority of 300 to 350 seats for PM Narendra Modi’s Bharatiya Janata Party (BJP)-led NDA alliance, the election trends on June 4, 2024, showed the NDA in lead, but with a much smaller margin. After the bumper projections over the weekend, the stock market touched sky-high on Monday, however, the uncertainty regarding the election outcome on Tuesday weighed heavily on the stock markets. Around 11:15 AM, the outcome trends showed that the NDA alliance was leading the elections with around 290-300 seats, however, the opposition INDIA alliance beat all pollsters and maintai...
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Sensex, Nifty Hit All-Time Highs Ahead Of Lok Sabha Results. PSU Banks Jump 8%

Share market today: The two key equity benchmarks, Sensex and Nifty, hit record all-time high just one-day ahead of Lok Sabha elections counting since 2009. The counting of votes will take place on Tuesday (June 4). The 30-stock Sensex zoomed 2,507 points (3.4 per cent) to close at 76,469. On the other hand, the NSE Nifty50 surged 733 points (3.25 per cent) to settle at 23,264. The last time the benchmarks posted their biggest single-day rally ahead of election results was in 2009, when Sensex and Nifty rose 2.46 per cent. Stock update On the 30-share Sensex platform, NTPC became the highest gainer, advancing 9.21 per cent, followed by SBI, PowerGrid, L&T, Axis Bank, Reliance. On the down side, HCLTech, Sun Pharma, Asian Paints, Nestle, and Infosys emerged losers. ...
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