The BSE Sensex has had the second-largest rise of 24.85% during the span of five years in FY24; the largest gain of 68.01% was recorded in FY21. The S&P BSE Sensex saw a mere 0.72% rise in FY23. “The Sensex has been displaying an upward trend since 2016, characterised byRead More →
In an unprecedented rally, the BSE benchmark climbed by 374.04 points or 0.50% last week, setting new records. Markets remained closed on Friday for Mahashivratri festivities. Also read: Week Ahead: Inflation data, FII activity, global cues among key market triggers as Nifty 50 eyes 22,800 this week The 30-share BSERead More →
Analysts are of the view that the bull run in the domestic equity market will continue, and over the next 3-6 months, the benchmark indices — Sensex and Nifty — could climb up to 7%. In 2023, the 30-share BSE Sensex jumped 11,399.52 points or 18.73%, and the NSE NiftyRead More →
Driven by a surge in the shares of IT and financial services companies, the Nifty 50 and the BSE Sensex lifted off for a second straight session, touching new highs of 21,492.3 points and 71,605.76 points during the day. The Nifty 50 closed 1.3% higher at 21,456.65, while the BSERead More →
Indian shares rallied more than 1% to hit record highs on Thursday. The rally was prompted by intense buying in IT, tech and realty stocks after the US Federal Reserve left interest rate unchanged. Persistent buying by foreign investors also supported the market sentiments. Foreign institutional investors (FIIs) sold stocksRead More →
Indian stocks closed lower on Tuesday ahead of the release of inflation and Index of Industrial Production (IIP) data. Foreign institutional investors (FIIs) sold stocks of Indian companies worth ₹ 15,960.23 crore and bought stocks for ₹ 16,037.09 crore, resulting in an inflow of ₹ 76.86 crore, according to NSERead More →
Indian stock indices closed higher on Monday, with the Sensex crossing the 70,000 mark. The gains were led by banking, IT and metal shares. Foreign institutional investors (FIIs) sold stocks of Indian companies worth ₹9,449.53 crore and bought stocks for ₹10,710.66 crore, resulting in an inflow of ₹1,261.13 crore, accordingRead More →
BSE share price has jumped more than 360% so far in 2023, giving multibagger returns to investors. The stock surged over 3% to hit a fresh 52-week high of ₹2,595.00 apiece on Monday, extending gains for the seventh straight day. Despite a stellar rally, BSE shares have more than 25%Read More →
Indian stocks rallied on Wednesday on higher foreign fund inflows and strong buying in information technology (IT), automotive, financial, and oil & gas shares. Investors’ sentiments were boosted after Fed governor Christopher Waller flagged the possibility of lowering interest rate in the months ahead if inflation continued to ease. ForeignRead More →
Mid- and small-cap stocks have been outperforming larger peers, although returns have moderated a bit recently. Over the past year, benchmark indices BSE Sensex and Nifty50 have risen approximately 6% and 7%, as per data from brokerage Prabhudas Lilladher. During the same period, the BSE Midcap and BSE Smallcap indicesRead More →
