Mumbai, July 1 (IANS) Domestic equity benchmarks traded higher on Wednesday in morning trade, tracking firm global cues, although concerns over a weak monsoon continued to weigh on the market outlook.Sensex jumped over 200 points or 0.28 per cent to hit an intraday high of 76,697.37 in early trade. Similarly, Nifty rose 70 points or 0.28 per cent to 23,934.90.Sectorally, buying was seen in media, auto, consumer durables, FMCG, IT, realty and pharma stocks. Nifty Media index gained over 1 per cen…
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Mumbai, June 30 (IANS) Indian benchmark equity indices ended lower on Tuesday as weakness in information technology stocks weighed on investor sentiment, while market participants remained cautious ahead of the scheduled US-Iran talks in Doha later in the day.The Nifty declined 80.50 points, or 0.34 per cent, to close at 23,865.75. The Sensex also slipped 249.70 points, or 0.33 per cent, to settle at 76,478.67.Commenting on Nifty technical outlook, experts said that the 24,000 zone now emerges a…
Mumbai, June 28 (IANS) The combined market capitalisation of six of India’s 10 most-valued companies increased by Rs 88,678 crore during the holiday-shortened week.During the week, the Sensex advanced 297.57 points, or 0.38 per cent, while the Nifty rose 42.9 points, or 0.17 per cent.Among the top-valued firms, HDFC Bank, ICICI Bank, State Bank of India, Bajaj Finance and Larsen & Toubro registered gains in their market capitalisation, while Bharti Airtel, Tata Consultancy Services, Life Ins…
Mumbai, June 21 (IANS) The combined market valuation of nine of India’s 10 most-valued companies surged by Rs 2.15 lakh crore last week after a strong rally in domestic equities amid improving global risk sentiment.Among the top 10 firms, Bharti Airtel recorded the highest increase in market capitalisation, with its valuation rising by Rs 52,432.67 crore to Rs 11.63 lakh crore.State-owned Life Insurance Corporation of India (LIC) was the second-biggest gainer, adding Rs 51,675.23 crore to take i…
New Delhi, June 19 (IANS) The Leader of the Opposition in the Lok Sabha, Rahul Gandhi — who turned 56 on Friday — has assets worth Rs 20.4 crore, including stock investments, mutual funds, and sovereign gold bonds, according to his affidavit filed for the 2024 Lok Sabha elections.The affidavit — submitted to the Election Commission — provides details of Gandhi’s financial holdings as of March 15, 2024.According to the data, his total movable assets were valued at Rs 9.25 crore, while immovab…
Mumbai, June 14 (IANS) The combined market valuation of eight of India’s 10 most-valued companies surged by Rs 1.90 trillion last week, driven by a strong rally in domestic equities.The positive momentum came as benchmark indices posted solid gains during the week. The Sensex climbed 1,284.61 points, or 1.73 per cent, while the Nifty advanced 256.2 points, or 1 per cent.Market sentiment remained upbeat amid optimism over a possible peace agreement between the United States and Iran, which raised…
Mumbai, June 12 (IANS) Indian equity benchmarks rallied sharply on Friday, with the Sensex soaring nearly 1,700 points and the Nifty reclaiming the 23,600 mark, as investor sentiment improved on hopes of a potential peace agreement between the United States and Iran.The Sensex closed at 75,527.95, gaining 1,695.40 points, or 2.30 per cent, from its previous close of 73,832.55. The 30-share index opened at 74,709.27 and touched an intra-day high of 75,608.02 before settling near the day’s peak.Th…
Mumbai, June 8 (IANS) Indian equities opened sharply lower on Monday, with benchmark indices falling 1 per cent each amid escalating tensions in West Asia, rising crude oil prices and weak global cues.Sensex opened at 73,421.61, down over 800 points or 1.11 per cent, while Nifty began the session at 23,080.70, declining 286 points or 1.22 per cent.Sector-wise, selling pressure was seen across realty, metal, auto and information technology stocks, which witnessed the sharpest declines. Realty sto…
Mumbai, June 7 (IANS) The combined market valuation of seven of the country’s top-10 most valued companies declined by Rs 1.25 lakh crore last week.During the same period, the Sensex fell 532.4 points, or 0.71 per cent, while the Nifty slipped 181.05 points, or 0.76 per cent.Among the major laggards, Reliance Industries Limited saw the sharpest erosion, with its market capitalisation falling by Rs 39,718 crore to Rs 17,47,321.40 crore.The stock continued to remain the most valued listed compan…
Mumbai, June 2 (IANS) Indian benchmark indices ended higher on Tuesday, supported by gains in information technology, metal, and consumer durable stocks, even as investors remained cautious ahead of key trade negotiations between India and the United States.The Nifty settled 100.95 points, or 0.43 per cent, higher at 23,483.55, while the Sensex advanced 382.50 points, or 0.52 per cent, to close at 74,649.84.Commenting on Nifty technical outlook, experts said that the 23,500–23,550 region remai…