Why the stock market rose today? Sensex settles 855 pts higher, Nifty above 24,100; 5 key factors behind today’s rally
India’s benchmark indices extended their winning streak to five sessions on Monday, supported by a weaker U.S. dollar and strong earnings from heavyweight lenders ICICI Bank and HDFC Bank, both of which hit record highs, boosting investor sentiment across the banking sector. The benchmark BSE Sensex gained 855.30 points or 1.09% to close at 79,408.50,…
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Why stock market rose today: Sensex soars 1,090 pts; Nifty above 22,500; 5 key factors behind surge
Benchmark Nifty 50 ended over 1.5% higher on Tuesday, rebounding from the previous session’s sharp selloff, as bargain hunting and a broader recovery across Asia lifted sentiment amid hopes of U.S. tariff negotiations. The rally also comes ahead of the Reserve Bank of India’s policy decision on April 9, with expectations of a 25 basis…
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IT, bank stocks drag Sensex by 1,200 points over tariff fears; Nifty below 23,250
Indian benchmark indices traded lower on Tuesday, weighed down by banking and IT stocks, amid uncertainty over Donald Trump’s upcoming tariff announcement. The BSE Sensex was trading 1,218 points, or 1.57%, lower at 76,201. The Nifty50 was down 327 points, or 1.39%, trading at 23,192 around 11:53 am. From the Sensex pack, IT stocks like…
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Tech, auto heavyweights drag Sensex 200 points lower; Nifty below 23,600
Indian benchmark equity indices Sensex and Nifty50 traded lower on Friday led by losses in M&M and Infosys. However, markets may see intraday fluctuations amid foreign inflows and optimism over a domestic growth rebound. The BSE Sensex was trading 256 points, or 0.33%, lower at 77,361. The Nifty50 was up 67 points, or 0.27%, trading…
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