Tag: Sensex
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Bull Run Keeps Going: Sensex Crosses 66,000 Mark Nifty 50 Crosses 19,550 for the First Time
Indian market benchmarks reached new highs on Thursday as a result of lower-than-expected US inflation and the beginning of the release of June quarter profits. For the first time, the BSE Sensex crossed the 66,000 threshold after rising more than 600 points thanks to advances made by State Bank of India, HDFC Bank, Reliance Industries,…
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Sensex closes for the first day over 66,000
Benchmark BSE Sensex crossed the historic 66,000-point for the first time, while NSE Nifty reached a record closing high, both fueled by active buying in IT stocks and fresh inflows of foreign capital. Additionally, the local markets were able to extend their winning streak for a second day thanks to optimism in the global equities…
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Early trading sees the rupee up 12 paisas to 81.96 versus the US dollar
Early Friday trading saw the rupee rise 12 paise to 81.96 versus the US dollar as investor sentiments were boosted by a solid start to local equities markets and a lower US currency relative to key international competitors. The advances in the native currency were nonetheless restrained by rising petroleum prices on foreign markets, according…
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For the first time, the Sensex closes over the 66,000-mark, while the Nifty settles at a new record high
Benchmark BSE Sensex crossed the historic 66,000-point for the first time, while NSE Nifty reached a record closing high, both fueled by active buying in IT stocks and fresh inflows of foreign capital. Additionally, the local markets were able to extend their winning streak for a second day thanks to optimism in the global equities…
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Stock market updates: Wipro Rises 2%, Sensex Jumps Over 300 Points, Nifty Above 19,500
The benchmark indexes Sensex and Nifty began Friday’s trading session higher after further US inflation data revealed hints of weakness, supporting global markets. World cues
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Early trading saw all-time highs for the Sensex and Nifty
In the opening hours of trading on Thursday, benchmark stock indexes recovered, with the Sensex and Nifty reaching record highs as a result of a rally in international markets after easing US CPI inflation data. purchasing a heavyweight Additionally, Tata Consultancy Services assisted markets in trading in the positive zone.
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Early trading saw the rupee rise 21 paisas to 81.97 versus the US dollar
Early on Thursday, the rupee climbed against the US dollar by 21 paise to 81.97, as a surge in local stocks and declines in the value of the US currency abroad boosted investor confidence. Additionally, positive macroeconomic data bolstered the local currency, according to FX dealers.
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PSU Banks Top Drag; IT Stocks Gain; Sensex Drops 505 Points From Record High; Ends 165 Points Up
Following Thursday’s surge in global markets and the US consumer inflation rate reaching its lowest level since March 2021, equity benchmark indexes reached fresh all-time highs. The NSE Nifty50 increased 177 points to 19,566 while the BSE Sensex increased almost 600 points to surpass 66,000. The frontline indexes, however, had given up the most of…
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Sequential Profit Likely To Fall, Revenue Growth To Be Muted in TCS, HCL Tech Q1FY24 Preview
On Wednesday after market hours, the two major IT service providers in India, TCS and HCL Technologies, are expected to release their financial reports. Brokerage firms predict that TCS’s earnings would increase 16% YoY to Rs 11,017 crore in April–June 2023, although it may decrease 3.3% sequentially. HCL Tech is anticipated to report a net…
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Equity markets decline after a three-day rise
Following three days of gains, benchmark stock indexes saw a decline on Wednesday due to profit-taking ahead of important macroeconomic data releases later in the day as well as the first quarter reports from TCS and HCL Technologies. The 30-share BSE Sensex fell 223.94 points, or 0.34 percent, to close at 65,393.90 as a result…