Indian Stock Indices Drop Over 0.90% on Stronger US Data

January 8, 2024 6:32 PM

Indian Stock Indices Drop Over 0.90% on Stronger US Data

Key domestic indices declined over 0.90 percent today due to widespread selloff as the euphoria over early rate cuts may wane following the stronger-than-anticipated US non-farm payroll data and the consequent increase in the U.S. 10-year treasury yield. Today, BSE Sensex ended below 72,000 mark and the Nifty near 21,500 points.  The Sensex tumbled 671 points, or 0.93 percent, to end at 71,355. The Nifty also declined 198 points, or 0.91 percent, to close at 21,513. In the broader market at the ...

Sensex and Nifty hit record high as US Federal Reserve signals end of rate hikes

December 14, 2023 1:51 PM

Sensex and Nifty hit record high as US Federal Reserve signals end of rate hikes

Benchmark equity indices Sensex and Nifty hit all-time high today, tracking a global market rally after the US Federal Reserve kept its key interest rate unchanged. The US Federal Reserve also signalled that they expect to make three quarter-point cuts to their benchmark interest rate next year. Cheering the move, the 30-share BSE Sensex jumped over 796 points to hit its all-time peak of 70,381 in early trade. The Nifty rallied over 222 points to reach its record peak of 21,148.   In Asian marke...

Sensex finishes above 66,100 mark, Nifty adds 52 points to settle at 19,716 points

September 27, 2023 5:59 PM

Sensex finishes above 66,100 mark, Nifty adds 52 points to settle at 19,716 points

The Key domestic share indices today ended with marginal gains. The BSE Sensex finished above 66,100 while the NSE Nifty ended above 19,700 points. Both indices gain marginally amid positive global cues. The Sensex gained 173 points, or 0.26 percent, to end at 66,119 while the Nifty added 52 points, or 0.26 percent, to settle at 19,716 points. In the broader market at the BSE, the Mid-Cap index gained 0.76 percent while the Small-cap index rose 0.68 percent. In the Sensex Index, which is a pack ...

Stock Market: Sensex to finish at 61,112, Nifty increases 150 points to end at 18,065

April 28, 2023 6:47 PM

Stock Market: Sensex to finish at 61,112, Nifty increases 150 points to end at 18,065

The key domestic indices today witnessed gains of more than half a percent. The BSE Sensex closed above 61,000 marks while the NSE Nifty settled above 18,000 level. Both stocks were up due to mixed cues from global share markets.   The Sensex added 463 points, or 0.76 percent, to finish at 61,112. The Nifty at the National Stock Exchange also rose 150 points, or 0.84 percent, to end at 18,065.

Sensex ends below 57,400 points, Nifty holds 17,150

March 26, 2022 3:18 PM

Sensex ends below 57,400 points, Nifty holds 17,150

The key domestic stock indices witnessed modest losses during the business week ended yesterday. Global share markets were mixed and traded in narrow range during the week as investors remained cautious over ongoing Russia-Ukraine conflict. The Sensex and the Nifty fell more than half a percent amid profit booking after last week's rally. The Sensex closed below 57,400 points while the Nifty ended near 17,150 During the week, the Sensex fell 502 points or 0.87 percent to settle at 57,36...

Stock Market Closing: Sensex gains 848 points, Nifty settles at 17,577

February 1, 2022 4:31 PM

Stock Market Closing: Sensex gains 848 points, Nifty settles at 17,577

At the domestic stock markets, the Sensex at Bombay Stock Exchange and the Nifty at the National Stock Exchange climbed more than one percent. Both indices gained amid positive cues from global share markets. The Sensex regained the 58,500 mark. The Nifty reclaimed 17,500 level. The Sensex jumped 848 points, or 1.46 percent to settle at 58,863. The Nifty also surged 237 points, or 1.37 percent, to finish at 17,577. In the broader market at the BSE, the Mid-Cap surged 1.08 percent and the Small-C...

Sensex surges 635 pts; Nifty settles at 12,216

January 9, 2020 5:49 PM

Sensex surges 635 pts; Nifty settles at 12,216

Equity benchmark today soared more than 1.5 per cent as global investors heaved a sigh of relief after the US-Iran conflict appeared to cool off. The 30-share BSE index surged 635 points, or 1.55 per cent, to finish at 41,452. Similarly, the broader Nifty surged 191 points, or 1.58 per cent, to 12,216.