Bulls back in action as Sensex rises over 500 points; all eyes on inflation data, RIL, HCL Tech Q2
Indian equity indices, the Sensex and Nifty50, opened higher on Monday ahead of the domestic September inflation data due later in the day, with investors focusing on earnings reports from Reliance Industries and HCL Tech. The BSE Sensex rose 507 points, or 0.62%, to trade at 81,888.15, while the Nifty50 gained 143 points, or 0.57%,…
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Bank stocks, NBFCs rally up to 4% after RBI changes policy stance
Shares of rate-sensitive stocks – banks and NFBCs – rallied up to 4% on Wednesday morning after the Reserve Bank of India (RBI) changed its policy stance to ‘neutral’ from ‘withdrawal of accommodation’ earlier. Led by gains in financials, the Sensex also jumped 500 points. The change in stance is being seen as a step…
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No Monday Blues! GDP numbers propels Sensex, Nifty to fresh all-time highs
Benchmark Nifty50 opened at a fresh record high for the fourth consecutive session on Monday, driven by gains in IT and financial stocks. This follows data showing that the countryβs economic growth outperformed major economies despite a slowdown.The BSE Sensex was up 240 points, or 0.30%, trading at 82,598, while the Nifty50 rose by 75…
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Market tumbles but 5 FMCG stocks hit 52-week highs and rallied up to 20% in a month – On A Roll!
Indian Railway Finance Corporation Share Price 192.33 04:04 PM | 2 Aug 2024 2.56(1.35%) One97 Communications Share Price 527.0 04:04 PM | 2 Aug 2024 30.15(6.07%) YES Bank Share Price 25.45 04:04 PM | 2 Aug 2024 -0.84(-3.16%) ITC Share Price 489.1 04:04 PM | 2 Aug 2024 -4.6(-0.94%) HDFC Bank Share Price 1659.15 04:04…
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