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Sensex jumps over 900 points on global cues, steady Q4 results

[ad_1] MUMBAI: Across the board buying lifted sensex by 941 points on Monday to close at 74,671, with financials leading. No news of escalation of geopolitical tensions in West Asia, softening of govt bond yields in the US and some steady corporate performance in the domestic market over the weekend added to the positive sentiment…

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S&P 500 suffers its longest slide since January

[ad_1] The stock market saw its longest losing streak since January as a handful of big techs sold off — despite a slide in bond yields.Equities fell for a fourth straight day, with the S&P 500 extending a drop from its all-time high to more than 4%. Chipmakers bore the brunt of the selling after…

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Iran-Israel conflict sparks selloff, sensex tanks 845 points

[ad_1] MUMBAI: In a knee-jerk reaction to the Iran-Israel conflict, the sensex on Monday dived over 900 points in opening trades and closed 845 points lower at 73,400.Selling was broad-based with 27 of the 30 sensex stocks closing in the red. Foreign funds sold aggressively while domestic institutions were strong buyers, BSE data showed. On…

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Retail buying in Asia including India fuels gold price momentum: Goldman Sachs

[ad_1] NEW DELHI: Gold prices have experienced a notable surge in recent weeks, with the yellow metal witnessing an increase of over 11% in India alone.A recent report from Goldman Sachs highlights that this surge is not solely driven by traditional factors, indicating a shift in the dynamics of the gold market.The report underscores the…

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Sensex falls 793 points as FPIs weigh Mauritius tax issue

[ad_1] MUMBAI: Concerns over the likely fallout of changes to a tax treaty between India and Mauritius weighed on investor sentiment on Friday, along with rising inflation in the US and escalating tensions in West Asia. These factors dragged the sensex down by 793 points or 1.1% to close at 74,245. On the NSE, Nifty…

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Markets at all time highs! What are the benefits of investing in a largecap fund?

[ad_1] Largecap funds: When stock markets scale new highs, financial planners usually recommend putting money in largecap funds. The stock market is abuzz as the Sensex has hit a record high of 75,000. Financial experts advise first time investors to consider large-cap funds in such a bullish market. Large-cap funds primarily invest in top 100…

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Sensex settles above 75,000-mark for first time, Nifty closes at record high

[ad_1] MUMBAI: Benchmark Sensex climbed 354 points to close above the record 75,000 mark for the first time while broader Nifty scaled a fresh lifetime high on Wednesday on gains in FMCG, energy and metal shares. The 30-share BSE Sensex climbed 354.45 points or 0.47 per cent to settle at an all-time high of 75,038.15….

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Sensex hits new high for 2nd day

[ad_1] MUMBAI: The sensex registered marginal gains to hit a lifetime high of 74,248 on Friday after RBI maintained the status quo on interest rates amid a negative trend in global markets. On Thursday, the sensex had jumped 351 points to settle at an all-time high of 74,228. It rose 21 points further to settle…

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Sensex: Sensex Hits All-time High Of 74,228 On It, Fin Buying | India Business News

[ad_1] MUMBAI: Equity benchmark indices sensex and Nifty rebounded sharply to hit record fresh highs on Thursday, propped up by buying in IT, consumer durables and financial stocks amid expectations of robust corporate performance.The sensex jumped 351 points or 0.5% to settle at an all-time high of 74,228. During the day, the index oscillated between…

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Indian stocks close 2023-24 firm, indices accumulate 27-31% returns

[ad_1] NEW DELHI: Indian stock market indices closed the financial year 2023-24 on a firm note, with Sensex and Nifty rising in the range of 0.8-0.9% on Thursday, backed by firm economic growth forecasts by various global watchdogs and political stability at the federal level.Sensex settled 0.88% or 639 points higher at 73,635 points, and…

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