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Source: Business Standard 4 min read Last Updated : Oct 09 2024 | 11:38 AM IST The Reserve Bank of India (RBI) appointed the Monetary Policy Committee (MPC) in their fifth bi-monthly review in the calendar year 2024 decided to keep the repo rate unchanged at 6.5 per cent. Speaking on the occasion, the…
Source: Business Standard 4 min read Last Updated : Oct 09 2024 | 1:19 PM IST A correction in the Indian stock market was long overdue, and the escalation in Iran-Israel war, coupled with surging oil prices, only provided an external trigger, says NIMESH CHANDAN, chief investment officer (CIO) at Bajaj Finserv AMC. …
Source: Live Mint Despite a strong performance, the broader markets failed to beat the benchmark indices in September. While the Nifty Midcap index and the Nifty Smallcap index rose 1.76 per cent and 1.32 per cent, respectively, their performance lagged behind the 2.28 per cent rise in the Nifty benchmark index. The underperformance in mid-caps…
Source: Live Mint The Indian stock market crashed on Thursday, 3 October, with benchmark indices Sensex and Nifty 50 witnessing sharp declines of over 2 per cent each, driven by escalating geopolitical tensions in the Middle East and weak global cues. The broader markets followed suit, with Nifty Midcap and Nifty Smallcap indices tumbling more…
Source: Business Standard 4 min read Last Updated : Oct 01 2024 | 2:44 PM IST Equity markets have witnessed a fabulous run in the year 2024 thus far; with as many as 36 out of the Nifty 500 stocks more than doubling investor wealth. Top gainers include stocks such as GE T&D India,…
Source: Business Standard 4 min read Last Updated : Sep 30 2024 | 2:22 PM IST The NSE Nifty Metal index stood tall in an otherwise weak market on Monday, gaining as much as 1.6 per cent at 10,225 in intra-day deals. Meanwhile, the NSE Nifty 50 index had shed 1.3 per cent or…
Source: Live Mint Stock Market News: On Friday, the domestic benchmark indices, Nifty 50 and Sensex, closed slightly lower as investors took profits after a week during which the blue-chip indexes achieved record highs daily. In the end, the Sensex fell 0.3% to 85,571.85, while the benchmark Nifty 50 finished 0.14% lower at 26,178.95 points….
Source: Live Mint The Indian stock market recently made headlines as the Sensex surpassed the remarkable 85,000 mark, a significant milestone that has sparked optimism among investors and analysts alike. With this achievement, the prospect of reaching the coveted 1 lakh (100,000) mark seems increasingly plausible. Several factors, including strong economic projections, robust global market…
Source: Live Mint Indian markets scaled a fresh all-time high for the sixth consecutive session on Thursday, September 26, driven by positive global sentiment and robust domestic inflows. During today’s intra-day trading, the Nifty climbed 84 points to hit a new peak of 26,087, while the Sensex surged 293 points to a record high of…
Source: Live Mint Stock Market News: On Friday, the domestic benchmark indices, Sensex and Nifty 50, reached all-time highs and recorded weekly gains following a substantial interest rate cut by the US Federal Reserve earlier in the week, which stimulated investor risk appetite in global markets. The Nifty 50 climbed 1.48% to 25,790.95, while the…
