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  • Stock Market Updates: Sensex Gains 500 Points, Nifty Above 22,250; Coforge Rises 10% – News18

    Stock Market Updates: Sensex Gains 500 Points, Nifty Above 22,250; Coforge Rises 10% – News18


    Last Updated:

    Indian stock markets opened higher on Wednesday, with the Sensex gaining 200 points

    Stock Market Today

    Sensex Today: Stock markets opened higher today, supported by mixed trade in Asia and US President Donald Trump’s address to a joint session of Congress. The BSE Sensex was trading at 73,374, up by 384 points or 0.53%, while the Nifty50 stood at 22,199, gaining 117 points or 0.53%.

    Top Nifty gainers included HCL Tech, M&M, Power Grid, Tech Mahindra, Wipro, BPCL, Hindalco, Adani Ports, and Infosys, with gains ranging from 1% to 2.4%. Conversely, Bajaj Finance, Bajaj Finserv, Shriram Finance, HDFC Bank, Ultratech Cement, and L&T were the top losers, down as much as 3.6%.

    In the broader market, the Nifty MidCap index rose 1.35%, and the Nifty SmallCap index gained 1.63%. Sector-wise, the Nifty IT and PSU Bank indices saw strong gains of 2.25% and 1.78%, respectively, while the Nifty Auto and Nifty Metal indices rose by 1.28% and 1%. The Nifty Financial Services index slipped 0.24%, weighed down by losses in the Bajaj stocks.

    Global Cues

    Australian shares hit a 10-week low on Wednesday, led by a sharp sell-off in banking stocks, as markets panicked over the fallout of a trade war triggered by U.S. President Donald Trump’s fresh tariffs.

    The S&P/ASX 200 index was trading 1.1% lower at 8,109.60 points as of 0156 GMT, its lowest since December 23, 2024. The benchmark has lost 6% since the all-time high scaled on February 14.

    Hang Seng futures gained 0.5%, while Nikkei 225 futures (OSE) declined by 0.2%, and Japan’s Topix index remained largely unchanged. In contrast, Euro Stoxx 50 futures saw a notable rise, increasing by 1.4%.

    Shares of US companies were under pressure after the latest escalation in Washington’s trade war, with new tariffs on Canada and Mexico expected to hit earnings in several sectors, including automobiles, aerospace, retail and housing.

    Economically sensitive stocks such as airlines and banks led declines on Wall Street’s main indexes on Tuesday on the new tariffs. Monday, the benchmark S&P 500 suffered its worst day of this year after the U.S. tariffs were confirmed.

    Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns US tariffs on Canada, Mexico and China will slow economic and fuel demand growth hammered investor sentiment.

    Brent futures eased 15 cents lower to $70.89 a barrel at 0200 GMT. In the previous session, the contract fell to as low as $69.75, its lowest since September 11, and settled at their lowest since that day as well.

    News business » markets Stock Market Updates: Sensex Gains 500 Points, Nifty Above 22,250; Coforge Rises 10%



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  • Stock Market Updates: Sensex Ends Flat At 81,526, Nifty At 24,640; Banking Stocks Drags – News18

    Stock Market Updates: Sensex Ends Flat At 81,526, Nifty At 24,640; Banking Stocks Drags – News18


    Last Updated:

    Benchmark indices BSE Sensex and Nifty 50 opened cautiously on Wednesday, edging higher amid weak global cues.

    Stock Market Updates

    Stock Market Closing: On Wednesday, benchmark equity indices BSE Sensex and NSE Nifty50 closed on a positive note. The BSE Sensex gained 16.09 points, or 0.02%, ending at 81,526.14. The index fluctuated between a high of 81,742.37 and a low of 81,383.42 during the session.

    The NSE Nifty50 also finished higher, rising by 31.75 points, or 0.13%, to close at 24,641.80. It traded within a range of 24,691.75 to 24,583.85 throughout the day.

    Among the Nifty50 stocks, 26 closed in the green, with notable gains from Trent, Bajaj Finance, Britannia, Shriram Finance, and Hero MotoCorp, all up to 2.50%. On the downside, 23 stocks ended lower, with declines led by JSW Steel, Adani Ports, NTPC, State Bank of India, and Axis Bank, with losses up to 1.48%. IndusInd Bank remained flat on the day.

    In the broader markets, the Nifty Midcap100 and Nifty Smallcap100 indices rose by 0.27% and 0.38%, respectively.

    Global Cues

    Markets in the Asia-Pacific region displayed mixed performance on Wednesday. Hong Kong’s Hang Seng index climbed 0.57%, while the CSI 300 was up 0.18%. The Shanghai Composite gained 0.13%.

    South Korea’s Kospi surged 0.78%, and the small-cap Kosdaq advanced by 2%. However, Japan’s Nikkei 225 saw a decline of 0.25%, with the Topix index remaining nearly flat. Australia’s S&P/ASX 200 dropped 0.49%.

    Global equities retreated on Tuesday, with the US dollar strengthening. Gold prices rose to a two-week high, supported by escalating geopolitical tensions and expectations of a third rate cut by the US Federal Reserve next week.

    Traders are awaiting key US inflation data due on Wednesday, alongside a meeting of the European Central Bank scheduled for Thursday.

    On Tuesday, US stock indices saw declines: the Dow Jones Industrial Average fell 154.10 points, or 0.35%, to 44,247.83; the S&P 500 dropped 17.94 points, or 0.30%, to 6,034.91; and the Nasdaq Composite declined by 49.45 points, or 0.25%, to 19,687.24.

    The pan-European STOXX 600 index lost 0.5% on Tuesday, breaking an eight-session winning streak, as luxury stocks led the declines following disappointing trade data from China.

    News business » markets Stock Market Updates: Sensex Ends Flat At 81,526, Nifty At 24,640; Banking Stocks Drags



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  • Market Turns Around Sharply On Expiry Day; Nifty Surges Above 24,600, Sensex Jumps 600 Points – News18

    Market Turns Around Sharply On Expiry Day; Nifty Surges Above 24,600, Sensex Jumps 600 Points – News18


    Last Updated:

    Benchmark Indian equity indices, BSE Sensex and Nifty 50, opened with modest gains on Thursday, following strength in the US markets.

    Stock Market Updates

    The domestic equities market on Thursday witnessed a surprisingly sharp turnaround on the Nifty F&O expiry day. At around 12:00 pm, the NSE Nifty swung by 1.45 per cent to surge above 24,600 at 24,648 amid increased buying in the IT stocks as well as heavyweights Reliance Industries and HDFC Bank. The BSE Sensex also recovered by 1.43 per cent to 81,621.58, from its day’s low of 80,367.37.

    Among top gainers were Titan (2.12 per cent), Infosys (1.5 pre cent), Bharti Airtel (1.31 per cent), Tata Consultancy Services (1.3 per cent) and Tech Mahindra (1.14 per cent).

    Among the 30 Sensex stocks, only six were trading in green, down by up to 1 per cent. Amont the laggards were NTPC, Asian Paints, Nestle India, Maruti, JSW Steel and Tata Motors.

    The BSE and NSE were trading in deep red in the initial hours after slightly gap-up opening.

    At the start of trading on Thursday, 18 out of the 30 Sensex stocks were in the green. Leading the gains was Infosys (up 1.08%), followed by UltraTech Cement, TCS, Tech Mahindra, and Reliance Industries. On the downside, NTPC saw the biggest loss (down 0.72%), followed by JSW Steel, HDFC Bank, Maruti Suzuki India, and Power Grid Corporation.

    India’s volatility index, the India VIX, rose by 1.07%.

    Global Cues

    In global markets, Wall Street’s major indices surged to record highs, driven by tech stocks and positive remarks from Federal Reserve officials. The S&P 500 climbed 0.6% to 6,086, the Nasdaq Composite jumped 1.3% to 19,735, and the Dow Jones Industrial Average rose 0.7% to 45,014.

    MSCI’s global stock index increased by 0.47%.

    US Treasury yields fell after Fed Chair Jerome Powell stated that the strength of the US economy would allow the central bank to “be a little more cautious” with interest rate policy.

    In Asia, MSCI’s broadest index of stocks outside Japan slipped 0.15%, with most Asian markets, except South Korea, closing higher.

    In Europe, stocks gained about 0.4%, while the euro traded near a two-year low ahead of the no-confidence vote in France.

    News business » markets Market Turns Around Sharply On Expiry Day; Nifty Surges Above 24,600, Sensex Jumps 600 Points



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  • Stock Market Updates: Sensex Drops 150 Points, Nifty Below 22,450; Adani Ports Rises 3% – News18

    Stock Market Updates: Sensex Drops 150 Points, Nifty Below 22,450; Adani Ports Rises 3% – News18


    Last Updated:

    Sensex Today: After kicking-off FY25 on a winning note, benchmark indices started Tuesday’s trading session on a quiet note.

    The S&P BSE Sensex opened almost unchanged at 74,022, and soon quoted near about 150 points lower at 73,850 levels. The NSE Nifty was down 30-odd points at 23,435.

    Among the Sensex 30 shares, Wipro, ICICI Bank, Bajaj Finance and Mahindra & Mahindra were the notable losers. On the other hand, Nestle and NTPC held marginal gains.

    The broader markets, however, were in a positive zone. The BSE MidCap index advanced 0.2 per cent, and the SmallCap added 0.4 per cent.

    Among individual stocks, Aditya Birla Fashion and Retail (ABFRL) hit the 10 per cent upper limit at Rs 233 after the copmpany asked its management to evaluate the vertical demerger of the Madura Fashion & Lifestyle (MFL) business into a separate listed company.

    Global Cues

    Overnight, the US market ended mostly lower as hopes of an early rate cut suffered fresh jolt after data showed that the US manufacturing sector grew for the first time since September 2022. A stronger US economy my not warrant a rate cut soon, believe analysts. Dow Jones slipped 0.6 per cent, the S&P 500 0.2 per cent while Nasdaq, however, added 0.1 per cent. Meanwhile, the US 10-year bond yield jumped back above 4.30 per cent.

    Nearer home, Taiwan jumped 1 per cent, while Nikkei and Kospi held marginal gains, while China indices were in red.

    Aparna Deb

    Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious abo…Read More



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  • Stock Market Updates: Sensex Jumps 550 Points, Nifty Above 22,000; SAIL Up 5% – News18

    Stock Market Updates: Sensex Jumps 550 Points, Nifty Above 22,000; SAIL Up 5% – News18


    Last Updated: March 21, 2024, 09:33 IST

    Sensex Today: Equity benchmark indices opened in green on Thursday tracking upbeat cues from the global markets. Overnight in the US, the Fed kept its interest rates unchanged and stuck on its promise of three rate cuts in the current calendar year. Markets across Asia Pacific rode high on the news.

    The BSE Sensex was up 500 points to 72,652, and the NSE Nifty50 gained 21 points to 21,839.

    Shares of Nifty oil and gas were up 1.29 per cent in early trade, while Nifty Realty and Nifty FMCG gained 0.62 per cent and 0.48 per cent respectively in early trade.

    Individual stocks such IndusInd Bank, Wipro, Tata Steel, Tata Motors, NTPC, Powergrid, Bharti Airtel and SBI were trading in green on the Sensex. On the flip side, AstraZeneca India and Indoco Remedies were among the top losers on BSE.

    The broader markets opened higher. The BSE MidCap and SmallCap indices were up by 1.4 per cent and 1.3 per cent respectively.

    Global Cues

    Asian shares bounced while gold prices and Japan’s Nikkei jumped to record highs on Thursday after the U.S. Federal Reserve indicated it would stick with plans for cutting interest rates.

    Tokyo stocks opened higher on Thursday, helped by a cheaper yen and US rallies after the Federal Reserve decided to keep interest rates unchanged.The benchmark Nikkei 225 index was up 1.30 percent, or 520.75 points, at 40,524.35 in early trade, while the broader Topix index added 1.20 percent, or 33.10 points, to 2,784.07.

    Wall Street’s main stock indexes closed higher on Wednesday after the Federal Reserve eased investor jitters by keeping borrowing costs unchanged and reinforcing expectations that rates could be cut as many as three times this year.

    Aparna Deb

    Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious abo…Read More



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  • Stock Market Updates: Equity Benchmark Indices Decline In Early Trade – News18

    Stock Market Updates: Equity Benchmark Indices Decline In Early Trade – News18


    Stock Market Today (Representative Image)

    Equity benchmark Sensex tumbled 1,053 points to close below the 71,000 level on Tuesday, dragged down by index heavyweights

    Stock Market Updates: Equity benchmark indices witnessed a see-saw movement in the early trade on Wednesday amid high volatility, as investors rushed to book profit in high-value stocks.

    Also Read: Terrible Tuesday! Why Sensex Crashed Today? Will Stock Market Bounce Back?

    The 30-share BSE Sensex fell 316.75 points or 0.45 per cent to 70,053.58 points in the opening trade but soon regained the lost ground to trade with a gain of 60.70 points or 0.09 per cent at 70,431.25 points.

    The broader Nifty, which initially declined 51.50 points or 0.24 per cent to 21,187.65 points, recovered quickly to trade at 21,265.95 points, 27.15 points higher or 0.13 per cent at 0951 hours.

    Among the Sensex firms, IndusInd Bank, SBI, Tata Steel and Infosys were trading with a gain of up to 1.84 per cent.

    HCL Tech, JSW Steel and PowerGrid were other major gainers.

    On the other hand, Axis Bank, Asian Paints, TCS and M&M lost up to 3.79 per cent in the morning deals.

    Maruti, Bharti Airtel and Bajaj Finance were among the laggards.

    As many as 21 stocks of the 30-share benchmark were trading in green, while 32 constituents of the broader Nifty showed gains.

    In Asia, Japan’s Nikkei 225 was trading with a loss of 1.00 per cent and Hong Kong’s Hang Seng gained 0.84 per cent. China’s Shanghai Composite was down by 0.14 per cent.

    European markets closed largely lower on Tuesday with Germany’s DAX and CAC 40 of France losing 0.34 per cent each. London’s FTSE 100 also fell 0.03 per cent.

    Meanwhile, Brent crude futures, the global oil benchmark, were trading lower by 0.18 per cent to USD 79.41 per barrel on Wednesday.

    On Tuesday, Sensex fell 1,053.10 points or 1.47 per cent to settle at 70,370.55.

    Nifty also declined 330.15 points or 1.53 per cent to close at 21,241.65.

    Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Tuesday, as they offloaded shares worth Rs 3,115.39 crore, according to exchange data.

    (With PTI inputs)

    namit 2023 11 a5ca703c89e6615de2ac91921e314bfa
    Namit Singh Sengar

    Namit writes on personal finance, economy and brands. Currently contributing to News18.com as a Senior Sub Editor in the business vertical. Prior to t…Read More



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  • Stock Market Updates: Sensex Down 300 pts, Nifty Below 21,500; JSW Steel, Zee Sink 3% – News18

    Stock Market Updates: Sensex Down 300 pts, Nifty Below 21,500; JSW Steel, Zee Sink 3% – News18


    Last Updated: December 18, 2023, 09:34 IST

    In the broader market, the BSE midcap jumped 1.06 per cent and smallcap climbed 0.62 per cent on Thursday

    Equity benchmark indices started Monday’s trading session on a tepid note amid subdued cues from the Asian peers.

    Equity benchmark indices started Monday’s trading session on a tepid note amid subdued cues from the Asian peers.

    The S&P BSE Sensex opened 46 points lower at 71,437, and soon tumbles 300 points to 71,194. The NSE Nifty 50 slips below 21,400 level.

    In the broader market, Zee Entertainment slipped nearly 4 per cent following reports that the company has sought an extension for the proposed merger with Sony India.

    Inox India and Siyaram Recycling IPOs to close for subscription today. Suraj Estate Developers, Motisons Jewellers India and Muthoot MicroFin maiden share sale open today.

    Global Cues

    Meanwhile, in Asia this morning, Japan’s Nikkei was down over 1 per cent a day ahead of Bank of Japan’s monetary policy decision. Hang Seng too was down nearly 1 per cent, while Shanghai and Kospi slipped around 0.5 per cent each.

    aparna 2023 11 979f2907c6165cf4d4e3836c347fb133
    Aparna Deb

    Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious abo…Read More



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  • Stock Market Updates: Sensex, Nifty Flat; BoI Tanks 5%, Adani Total 4% – News18

    Stock Market Updates: Sensex, Nifty Flat; BoI Tanks 5%, Adani Total 4% – News18


    Last Updated: December 13, 2023, 09:42 IST

    Sensex Today (Representative image/Reuters)

    A cautious mood among global equities led to a muted start on D-Street on Wednesday.

    Sensex Today: A cautious mood among global equities led to a muted start on D-Street on Wednesday. The S&P BSE Sensex was trading around 69,475 levels, down 76 points, while the Nifty50 was at 20,896, down 10 points.

    NTPC, Tata Steel, ITC, Axis Bank, Wipro, Asian Paints, HUL, and L&T were the top gainers on the Sensex. On the flipside, TCS, HDFC Bank, Infosys, Reliance Industries, Bajaj Finance, and Maruti Suzuki were the top laggards.

    In the broader markets, the BSE MidCap and SmallCap indices rose 0.09 per cent and 0.24 per cent, respectively.

    Most of the sector indices were ruling lower led by the Nifty IT index (down 0.3 per cent). On the upside, the Nifty Media index gained 0.8 per cent.

    Rahul Kalantri, VP Commodities, Mehta Equities on Stock Market today:

    Crude oil experienced significant volatility, extending its decline to reach 7-month lows in the international markets. This downward trend was fueled by concerns about demand from China and the surge in U.S. oil production to record levels. According to the U.S. EIA, U.S. crude oil production is expected to increase by 180,000 barrels per day, reaching 13.11 million barrels per day in 2024. The heightened production levels in the U.S. alleviated the pressure on output cuts implemented by the OPEC+ nations. Also, the U.S. EIA revised its price forecast for 2024, reducing it by $10 per barrel to an average Brent price of $83 per barrel.

    Anticipating ongoing volatility, we project that crude oil prices will remain unpredictable in today’s session. The support levels for crude oil are estimated at $68.05–67.40, with resistance levels at $69.60-70.40 for today’s session. In Indian Rupees (INR), crude oil finds support at Rs 5,650-5,570 and resistance at Rs 5,790-5,880.

    aparna 2023 11 979f2907c6165cf4d4e3836c347fb133
    Aparna Deb

    Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious abo…Read More



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  • Sensex Ends 378 pts Lower; Nifty At 20,906; Prestige Falls 7% Paytm 6% – News18

    Sensex Ends 378 pts Lower; Nifty At 20,906; Prestige Falls 7% Paytm 6% – News18


    Last Updated: December 12, 2023, 15:46 IST

    A near broad-based selling pulled benchmark indices lower during the second half of the session with the S&P BSE Sensex ending 378 points lower at 69,551 levels, and the Nifty50 shutting shop 91 points lower at 20,906.

    Sun Pharma, Maruti Suzuki, Titan, NTPC, Reliance Industries, L&T, M&M, IndusInd Bank, Infosys, HDFC Bank, Tata Motors, Bharti Airtel, and Tech M were some of the top large-cap losers, down up to 2 per cent.

    The broader markets, too, gave up their gains with the BSE MidCap and SmallCap indices settling 0.4 per cent and 0.27 per cent lower, respectively.

    Among sectors, all but the Nifty Metal and Media indices closed in the negative territory led by the Nifty Realty index (down 1.95 per cent), the Nifty Auto index (down 0.7 per cent), and the Nifty Pharma index (down 0.45 per cent).

    Aparna Deb

    Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious abo…Read More



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