Saturday, May 04, 2024 | Last Update : 08:36 AM IST

RAVI RANJAN PRASAD

“We expect the market to remain largely range-bound this year. We believe market is expensive trading at 20 times March 2025 price to earnings ratio, which is higher than most other emerging markets.” Gupta said. (Representational Image: Twitter)

Stock Markets to Stay Rangebound

The Sensex and Nifty-50 indices have gained 1.14 per cent and 2.10 per cent year to date in 2024 after gaining 18.74% and 20.03% in 2023

28 Feb 2024 2:04 AM

As per reports Hong Kong’s market capitalization dropped to $4.29 trillion on Monday, while India's market cap stood at $4.33 trillion. India’s market cap had crossed $4.5 trillion recently but has been falling since then on profit taking.

India emerges fourth largest stock market

Edges Hong Kong with $4.4 tn market capitalisation

24 Jan 2024 1:35 AM

The Sensex closed at 69,928 after touching a high of 70,057.83 gaining 102.93 points or 0.15 per cent while Nifty-50 closed at 20,997.10 up 27.70 points or 0.13 per cent after hitting intra-day high of 21026.10. (PTI)

Sensex hits 70K-mark, Nifty touches 21K-level

At market close BSE’s market capitalisation also stood at a new all time high of over Rs 351.09 lakh crore

12 Dec 2023 1:48 AM

The Sensex lost 1.11 per cent or 638.11 points to close at 56788.81 while the Nifty-50 closed at 16887.35 down by 1.21 per cent or 207 points. The broader market also fell with BSE Mid-cap Index down by 1.24 per cent. — PTI File Image

Bears return amidst weak global cues

The rupee fell to 81.89 per US dollar on Monday which seem to have aggravated bearish sentiments in the market

04 Oct 2022 9:50 AM

The current up move of 2535 points (for Nifty since June) is bigger than March-April rally of 2440 points, said a technical outlook by ICICI Securities. — Representational Image/PTI

Market Rises For 4th Week; FPIs pump in Rs 22K Cr In Aug.

Both Sensex and Nifty were up by 1.7 per cent during the week

13 Aug 2022 11:17 AM

HCL Technologies, which will announce its Q1 results on Tuesday, also fell 4.10 per cent. — DC Image

IT Stocks Bleed after TCS’ Muted Q1 results

TCS shares closed 4.64 per cent down at Rs 3,113.25 on the BSE, wiping out Rs 55,471.21 crore from its market capitalisation

12 Jul 2022 9:45 AM

The buying came mainly from the domestic institutions, who bought equities worth Rs 2,148.95 crore while the foreign portfolio investors sold equities worth Rs 1,265.41 crore. — Representational image/Twitter

Market U-turn sees Sensex rising 2.9%

The FM said India's economic growth is likely to be robust at 8.9 per cent in the current financial year

21 May 2022 11:35 AM

Post the merger, the promoters of Inox will become co-promoters in the merged entity. Later the board of the merged company would be re-constituted with a total board strength of 10 members, with both the promoter families having two board seats each. — DC Image

PVR, Inox Leisure ink all-stock merger deal

The boards of PVR and Inox Leisure have approved an all-stock amalgamation of Inox with PVR

28 Mar 2022 9:27 AM

Foreign investors behaviour still remained highly unpredictable with the week seeing some easing of the selling pressure. — Representational image/AFP

Inflationary, geopolitical pressure rising on market

On Friday, Sensex closed at 57362 down by 233 points or 0.39 pc while the Nifty-50 closed at 17153 down by 69.75 points or 0.40 per cent

26 Mar 2022 11:25 AM

Among the sectors, healthy buying was seen across the sectors led by BSE FMCG Index (2.68 per cent), Realty (2.16 per cent) and Metal (2.04 per cent). — PTI

Stock Market up 5 % from Monday’s low

On Thursday gains were aided by favourable state assembly elections outcome in favour of the BJP in UP, Goa, Uttarakhand and Manipur

11 Mar 2022 8:16 AM

In spite of a correction of around 17 per cent from the peak in Sesnex and Nifty, the FPIs continue to sell since market sentiments have been impacted globally by the uncertainty triggered by the war and the surge in crude, said V. K. Vijayakumar, chief investment strategist, Geojit Financial Services. — Representational image/DC

FPIs sell Rs 1-L cr equities in 2022

Depreciation of the rupee to an all-time low versus US dollar seems to be another factor that has accelerated selling by foreign investors

09 Mar 2022 9:53 AM

Though the ED searches were focused only on Indiabulls Housing Finance, shares of Indiabulls Real Estate also fell sharply. (Representational Image/ DC File)

ED raids Indiabulls offices in money-laundering case

The case was registered on the basis of an FIR filed in Palghar

22 Feb 2022 2:26 AM

Foreign portfolio investors were net sellers by Rs 1,242.10 crore while the domestic institutions supported the market by Rs 901.10 crore worth buying. — PTI

Market falls again as Fed minutes hint at march hike

On Thursday bank stocks were the top losers, NSE's Bank Nifty and BSE's Bankex indices saw higher fall by 1.11% and 1.15%, respectively

18 Feb 2022 9:31 AM

Among the worst performers were Tata Steel (-5.49 per cent), HDFC (-5.33 per cent), SBI (-5.20 per cent), ICICI Bank (-4.73 per cent), Kotak Mahindra Bank (-4.47 per cent) and Maruti (-4.33 per cent). — PTI

Stocks succumb to global headwinds

Barring TCS all other Sensex and Nifty-50 stocks closed with sharp declines running up to 6.50 per cent

15 Feb 2022 9:33 AM

ASK manages more than $10.6 billion (Rs 78,500 crore) in assets as of December 31, and caters to high networth clients across Asia, the Middle East, Africa, and Europe. ASK is one of the first portfolio managers in India catering to HNIs, family offices and institutions for nearly 30 years. — Representational image/By arrangement

Blackstone buys majority stake in ASK

Blackstone acquired 70 per cent stake from promoters and employees valuing the company at $1 billion

15 Feb 2022 9:27 AM

Data & analytics spending is expected to witness robust growth driven by increased adoption of next-generation advanced analytics applications. — Representational image/DC

Analytics players tap digital boom

Latent View Analytics raised Rs 600 crore from the primary market last year in a highly successful fund raising exercise

14 Feb 2022 8:32 AM

The highest increases in LIC's holdings, in percentage terms, were in Power Grid Corporation of India, Dredging Corporation of India, CAMS, Coforge, Deepak Nitrite, JSW Energy, Endurance Technologies, SBI Cards & Payment Services, PI Industries and Laurus Labs. — PTI

LIC plays contrarian on Sensex firms

The companies in which LIC raised its stake during the third quarter included Tata Steel, Reliance Industries, Asian Paints, Dr Reddy's Lab

14 Feb 2022 8:30 AM

LIC has 66 per cent market share in new business premiums with 283 million policies and 1.35 million agents as of March 31, 2021, Pandey added in the tweet. — PTI

Govt to sell 5% stake in LIC; embedded value at Rs 5.4 L cr

The LIC policyholders and LIC employees will be offered equity shares at a discount to the public issue price to be set by the company

14 Feb 2022 8:23 AM

US Fed's plan to raise interest rates led to heavy selling by the foreign portfolio investors. On Friday too FPIs were net sellers by Rs 5,045.34 crore while the domestic institutions were net buyers by Rs 3358.67 crore. — Representational image/DC

Worst Fortnight For Market As FPIs change tack

The market has fallen in seven out of the last eight sessions. Sensex and Nifty-50 closed flat on Friday after a volatile session

29 Jan 2022 8:44 AM

IT stocks were the biggest losers and the BSE IT Index fell 3.10 per cent, led by HCL Tech (-4.17 per cent), Tech Mahindra (-3.66 per cent), Wipro (-3.22 per cent), TCS (-3.18 per cent) and Infosys (-2.53 per cent). — Twitter

Stocks recover after steep fall on more Fed rate hike signals

Stocks globally fell on Thursday after the Federal Reserve stuck to plans for an interest rate increase in March

28 Jan 2022 11:20 AM

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Shobhaa De