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Fag-end selling pressure drag Sensex down by 137 points

Fag-end selling pressure drag Sensex down by 137 points

Rediff.com13 May 2022

The Sensex came under fag-end selling pressure to close in the red for the sixth straight session on Friday as risk-off sentiment prevailed amid unabated selling by foreign institutional investors and concerns over inflation. The 30-share BSE benchmark pared all intra-day gains and declined 136.69 points or 0.26 per cent to end at 52,793.62. During the day, it had rallied 855.4 points or 1.61 per cent to 53,785.71. On similar lines, the broader NSE Nifty dipped 25.85 points or 0.16 per cent to settle at 15,782.15.

Sensex ends in red for 4th day; bank stocks buck trend

Sensex ends in red for 4th day; bank stocks buck trend

Rediff.com11 May 2022

The Sensex and Nifty spiralled lower for the fourth session on the trot on Wednesday as investors remained on edge ahead of US inflation data, which will give clues on the Federal Reserve's policy tightening trajectory. Unabated selling by foreign institutional investors and a jump in crude prices also weighed on sentiment, traders said. Despite a firm start, the 30-share BSE Sensex failed to carry forward the momentum and ended at 54,088.39, lower by 276.46 points or 0.51 per cent. During the day, it tumbled 845.55 points to 53,519.30.

Sensex extends losses; RIL tumbles post Q4 show

Sensex extends losses; RIL tumbles post Q4 show

Rediff.com9 May 2022

Equity benchmarks began the week on a downbeat note on Monday, weighed by heavy selling in market heavyweight Reliance Industries and persisting weakness in global bourses. The rupee plunged to its lifetime low against the US dollar amid unabated foreign fund outflows, underscoring the risk-off sentiment prevailing globally as central banks embark on policy tightening to tame soaring inflation. Slipping for the second straight session, the 30-share BSE Sensex shed 364.91 points or 0.67 per cent to close at 54,470.67.

Mcap of 8 of top-10 most valued firms tumble Rs 2.21 lakh cr

Mcap of 8 of top-10 most valued firms tumble Rs 2.21 lakh cr

Rediff.com24 Apr 2022

Eight of the top-10 most valued firms together lost Rs 2,21,555.61 crore from their market valuation last week in-line with the weak trend in the broader market, with Infosys and HDFC Bank suffering the biggest hit. The 30-share benchmark index, Sensex, lost 1,141.78 points or 1.95 per cent last week. From the top-10 pack, only Reliance Industries and Adani Green Energy emerged as the gainers.

Markets bounce back after 5-day rout; RIL leads charge

Markets bounce back after 5-day rout; RIL leads charge

Rediff.com20 Apr 2022

Benchmark indices bounced back on Wednesday after falling for five straight sessions, with investors snapping up the recently-mauled IT, finance and consumption stocks amid a supportive trend overseas. A rebounding rupee further bolstered sentiment, traders said. Halting its five-session slide, the BSE Sensex jumped 574.35 points or 1.02 per cent to finish at 57,037.50. Similarly, the NSE Nifty surged 177.90 points or 1.05 per cent to 17,136.55.

7 of top 10 firms lose Rs 1.32 lakh cr

7 of top 10 firms lose Rs 1.32 lakh cr

Rediff.com17 Apr 2022

The market capitalisation of Reliance Industries plummeted by Rs 43,491.37 crore to reach Rs 17,26,714.05 crore.

Punjab Alkalies' MD saw 6,279% jump in salary in FY21

Punjab Alkalies' MD saw 6,279% jump in salary in FY21

Rediff.com15 Apr 2022

Despite Covid downturn, CEO salaries went up by an average of 19% in FY21.

Sensex pares gains; ends down 237 points

Sensex pares gains; ends down 237 points

Rediff.com13 Apr 2022

Equity indices gave up early gains to close in the red for the third session on the trot on Wednesday, weighed by selling in banking and finance counters amid inflationary pressures and persistent foreign fund outflows. A weak rupee and lacklustre global cues also kept buying sentiment in check, traders said. The 30-share BSE Sensex opened on a firm footing but failed to hold on the momentum, finishing 237.44 points or 0.41 per cent lower at 58,338.93. On similar lines, the broader NSE Nifty dipped 54.65 points or 0.31 per cent to close at 17,475.65.

Sensex tumbles over 430 pts on profit-booking

Sensex tumbles over 430 pts on profit-booking

Rediff.com5 Apr 2022

Equity benchmark Sensex dropped over 430 points on Tuesday as investors booked profits in banking and financial stocks after sharp gains in the previous session. Investor focus returned to the Russia-Ukraine war and rising oil prices, traders said. The 30-share BSE gauge ended 435.24 points or 0.72 per cent lower at 60,176.50.

India eyeing Ukraine, Russia's wheat market share in 30 countries

India eyeing Ukraine, Russia's wheat market share in 30 countries

Rediff.com26 Mar 2022

A decision to tap the 30 countries for exporting wheat was taken at a meeting of the commerce ministry on Thursday.

Sensex jumps over 1,000 pts despite Fed rate hike

Sensex jumps over 1,000 pts despite Fed rate hike

Rediff.com17 Mar 2022

Equity benchmark Sensex surged past the 57,000-mark by rallying over 1,000 points on Thursday, tracking an overall bullish trend in global equities despite the US Federal Reserve hiking rates. The 30-share BSE index closed 1,047.28 points or 1.84 per cent higher at 57,863.93. Likewise, the NSE Nifty surged 311.70 points or 1.84 per cent to end at 17,287.05.

Adani adds $49 bn wealth in 2021, higher than Jeff Bezos, Elon Musk

Adani adds $49 bn wealth in 2021, higher than Jeff Bezos, Elon Musk

Rediff.com16 Mar 2022

Gautam Adani, India's and Asia's second-richest person, added $49 billion to his wealth last year - more than the net addition of wealth by the top three global billionaires Elon Musk, Jeff Bezos and Bernard Arnault, the 2022 M3M Hurun Global Rich List said on Wednesday. Mukesh Ambani, who runs the oil-to-retail conglomerate Reliance Industries, continues to be the richest Indian with a wealth of $103 billion, a 24 per cent rise year-on-year. Adani, the head of ports-to-energy conglomerate Adani Group, is a close second with his wealth surging 153 per cent to $81 billion.

D-Street ends on a high; Sensex rallies 1,040 points

D-Street ends on a high; Sensex rallies 1,040 points

Rediff.com16 Mar 2022

Ultratech Cement was the top gainer in the Sensex pack, spurting nearly 5 per cent, followed by Axis Bank, IndusInd Bank, HDFC, Bajaj Finserv, Infosys and Bajaj Finance.

Indians slip in ICC Women's ODI Rankings

Indians slip in ICC Women's ODI Rankings

Rediff.com15 Mar 2022

Mandhana moved out of the top 10 to 11th despite hitting 123 against West Indies on Saturday.

Investors richer by over Rs 13.16 lakh cr in five days of market rally

Investors richer by over Rs 13.16 lakh cr in five days of market rally

Rediff.com14 Mar 2022

Investors' wealth has swelled by over Rs 13.16 lakh crore as benchmark indices continued their northward march for the fifth session on the trot on Monday. The 30-share BSE Sensex jumped 935.72 points or 1.68 per cent to settle at 56,486.02 on Monday. In the past five trading sessions, the benchmark has zoomed 3,643.27 points or 6.89 per cent. Propelled by the optimism in equities, the market capitalisation of BSE-listed firms jumped by Rs 13,16,944.74 crore in five trading sessions to Rs 2,54,27,775.78 crore.

Sensex plunges 778 pts on escalating Russia-Ukraine tensions

Sensex plunges 778 pts on escalating Russia-Ukraine tensions

Rediff.com2 Mar 2022

BSE benchmark Sensex plummeted 778 points to close below the 55,500-level on Wednesday following a broad-based selloff in global markets as the Russia-Ukraine crisis escalated. The 30-share BSE index ended 778.38 points or 1.38 per cent lower at 55,468.90. Similarly, the NSE Nifty plunged 187.95 points or 1.12 per cent to 16,605.95.

Sensex, Nifty end in red in line with weak global cues

Sensex, Nifty end in red in line with weak global cues

Rediff.com21 Feb 2022

Of the Sensex constituents, 21 shares ended in the red, with Sun Pharma, TCS and ITC emerging as top laggards. In contrast, IT majors Wipro and Infosys were major gainers.

IT, financial stocks drag Sensex down by 773 points

IT, financial stocks drag Sensex down by 773 points

Rediff.com11 Feb 2022

Tech Mahindra was the top loser in the Sensex pack, shedding around 3 per cent, followed by Infosys, HCL Tech, SBI, Kotak Bank and HDFC. NSE Nifty plunged 231.10 points to 17,374.75.

Sensex surges 460 pts after RBI keeps rates unchanged

Sensex surges 460 pts after RBI keeps rates unchanged

Rediff.com10 Feb 2022

Tata Steel was the top gainer in the Sensex pack, climbing 2.11 per cent, followed by Infosys, HDFC Bank, HDFC, Kotak Bank, M&M and PowerGrid. NSE Nifty jumped 142.05 points to end at 17,605.85.

Auto, metal, banking stocks lift Sensex by 67 points

Auto, metal, banking stocks lift Sensex by 67 points

Rediff.com9 Feb 2022

Maruti was the top gainer in the Sensex pack, rising over 4 per cent, followed by IndusInd Bank, HDFC Bank, Bajaj Finserv, Titan, Wipro, and Bharti Airtel. NSE Nifty jumped 197.05 points to end at 17,463.80.

Sensex recovers on fag-end buying, rises 187 pts

Sensex recovers on fag-end buying, rises 187 pts

Rediff.com8 Feb 2022

Tata Steel was the top gainer in the Sensex pack, rising 3.10 per cent, followed by Bajaj Finance, Bajaj Finserv, Reliance Industries, Asian Paints and Titan.

Sensex sinks 1,024 points; banks, financials drag

Sensex sinks 1,024 points; banks, financials drag

Rediff.com7 Feb 2022

HDFC Bank was the top loser in the Sensex pack, shedding over 3.5 per cent, followed by Bajaj Finance, L&T, HDFC, Bajaj Finserv, HDFC and Kotak Bank.

Bank, energy stocks push Sensex into red; ends down 143 points

Bank, energy stocks push Sensex into red; ends down 143 points

Rediff.com4 Feb 2022

Falling the second consecutive session, equity benchmark Sensex dropped over 140 points on Friday, tracking weakness in banking and energy stocks amid a mixed trend overseas. Investors also remained concerned over persistent foreign fund outflows, traders said. The 30-share BSE index ended 143.20 points or 0.24 per cent lower at 58,644.82. Similarly, the NSE Nifty shed 43.90 points or 0.25 per cent to close at 17,516.30.

Sensex sinks 770 pts; profit-booking in IT, financials

Sensex sinks 770 pts; profit-booking in IT, financials

Rediff.com3 Feb 2022

HDFC was the top laggard in the Sensex pack, shedding over 3 per cent, followed by Infosys, L&T, Kotak Bank, Bajaj Finserv and Tech Mahindra.

Post-Budget market rally continues; Sensex surges 696 points

Post-Budget market rally continues; Sensex surges 696 points

Rediff.com2 Feb 2022

IndusInd Bank was the top gainer in the Sensex pack, spurting over 5 per cent, followed by Bajaj Finserv, HCL Tech, Bajaj Finance, Kotak Bank and Axis Bank. NSE Nifty jumped 203.15 points to 17,780.00.

Investors cheer Sitharaman's Budget; Sensex surges 848 points

Investors cheer Sitharaman's Budget; Sensex surges 848 points

Rediff.com1 Feb 2022

Tata Steel was the top gainer in the Sensex pack, zooming 7.57 per cent, followed by Sun Pharma, IndusInd Bank, L&T, ITC and HCL Tech.

Mcap of 9 of top-10 most valued firms erodes by over Rs 3 lakh cr

Mcap of 9 of top-10 most valued firms erodes by over Rs 3 lakh cr

Rediff.com30 Jan 2022

Nine of the top-10 most valued companies together lost a whopping Rs 309,178.44 crore in market valuation last week as selloffs continued. In a holiday-shortened past week, the 30-share BSE Sensex plummeted 1,836.95 points or 3.11 per cent amid geopolitical tensions, global sell-off triggered by a hawkish US Federal Reserve and unabated foreign fund outflows. From the top-10 list, State Bank of India was the lone gainer as its valuation jumped Rs 18,340.07 crore to reach Rs 467,069.54 crore.

Sensex pares losses; finally ends down 581 pts on weak global cue

Sensex pares losses; finally ends down 581 pts on weak global cue

Rediff.com27 Jan 2022

HCL Tech was the top loser in the Sensex pack, skidding over 4 per cent, followed by Tech Mahindra Dr Reddy's, Wipro, TCS, Titan and Infosys. NSE Nifty plunged 167.80 points to 17,110.15.

Sensex snaps 5-day rout, rebounds 367 points

Sensex snaps 5-day rout, rebounds 367 points

Rediff.com25 Jan 2022

Maruti was the top gainer in the Sensex pack, rising around 7 per cent, followed by Axis Bank, SBI, IndusInd Bank, Bharti Airtel and NTPC.

Bajaj Finserv, L&T, Infosys pull Sensex down by 427 pts

Bajaj Finserv, L&T, Infosys pull Sensex down by 427 pts

Rediff.com21 Jan 2022

Extending its losses for the fourth straight session, equity benchmark Sensex slumped 427 points on Friday, tracking weakness in Bajaj Finserv, L&T and Infosys amid a widespread sell-off in global markets. Relentless foreign fund outflows further weighed on the bourses, traders said. The 30-share BSE index ended 427.44 points or 0.72 per cent lower at 59,037.18. Similarly, the NSE Nifty plunged 139.85 points or 0.79 per cent to 17,617.15.

Sensex sinks 634 points to end below 60k

Sensex sinks 634 points to end below 60k

Rediff.com20 Jan 2022

Bajaj Finserv was the top loser in the Sensex pack, shedding 4.57 per cent, followed by Infosys, TCS, Sun Pharma, HCL Tech, HUL, Dr Reddy's, HDFC and Reliance Industries. NSE Nifty plunged 181.40 points to 17,757.00.

BWF rankings: Lakshya, Satwiksairaj-Chirag move up

BWF rankings: Lakshya, Satwiksairaj-Chirag move up

Rediff.com18 Jan 2022

No Indians featured in the women's doubles and mixed doubles rankings.

Realty, auto, metal stocks drag Sensex down by 550 points

Realty, auto, metal stocks drag Sensex down by 550 points

Rediff.com18 Jan 2022

Equity benchmark Sensex plunged by 554.05 points on Tuesday, tracking deep losses in realty, auto and metal stocks amid widespread selling pressure in global markets. The 30-share index slumped by 554.05 points or 0.90 per cent to end at 60,754.86. The broader NSE Nifty fell by 195.05 points or 1.07 per cent to 18,113.05.

Sensex edges higher on gains in auto, energy stocks

Sensex edges higher on gains in auto, energy stocks

Rediff.com17 Jan 2022

Ultratech Cement was the top gainer in the Sensex pack, surging nearly 3 per cent, followed by M&M, Maruti, Tata Steel, TCS, L&T, SBI and HUL. NSE Nifty advanced 52.35 points to 18,308.10.

Sensex, Nifty end marginally lower

Sensex, Nifty end marginally lower

Rediff.com14 Jan 2022

Asian Paints was the top loser in the Sensex pack, shedding 2.66 per cent, followed by Axis Bank, HUL, Wipro, M&M, HDFC and Bharti Airtel. On the other hand, TCS, Infosys, L&T, Tech Mahindra and HDFC Bank were among the gainers.

Sensex rises 85 pts tracking gains in Infosys, Tata Steel and L&T

Sensex rises 85 pts tracking gains in Infosys, Tata Steel and L&T

Rediff.com13 Jan 2022

Tata Steel was the top gainer in the Sensex pack, jumping over 6 per cent, followed by Sun Pharma, L&T, M&M, PowerGrid, Bajaj Finserv, TCS and Infosys. On the other hand, Wipro, Asian Paints, HDFC Bank, IndusInd Bank and HCL Tech were among the laggards.

Sensex rebounds 143 pts; Nifty ends above 17,800

Sensex rebounds 143 pts; Nifty ends above 17,800

Rediff.com7 Jan 2022

Equity benchmark Sensex rebounded 143 points on Friday, boosted by gains in index majors Reliance Industries, TCS and ICICI Bank amid a mixed trend in global markets. The 30-share index ended 142.81 points or 0.24 per cent higher at 59,744.65. Similarly, the NSE Nifty rose 66.80 points or 0.38 per cent to close at 17,812.70.

RIL, TCS, HDFC twins drag Sensex down by 621 points

RIL, TCS, HDFC twins drag Sensex down by 621 points

Rediff.com6 Jan 2022

Tech Mahindra, the top loser in the Sensex pack, shed over 2.5 per cent. It was followed by UltraTech Cement, Reliance Industries, HCL Tech, HDFC, Kotak Bank, HDFC Bank and TCS. NSE Nifty plunged 179.35 points to 17,745.90.

M-cap: TCS, HDFC Bank emerge as biggest gainers

M-cap: TCS, HDFC Bank emerge as biggest gainers

Rediff.com2 Jan 2022

Nine of the top-10 most-valued firms together added Rs 111,012.63 crore in market valuation last week, with Tata Consultancy Services and HDFC Bank emerging as the biggest gainers. Reliance Industries was the only laggard from the top-10 list. The valuation of Tata Consultancy Services jumped Rs 24,635.68 crore to reach Rs 13,82,280.01 crore.

Sensex rallies over 450 pts on last trading day of 2021

Sensex rallies over 450 pts on last trading day of 2021

Rediff.com31 Dec 2021

Titan was the top gainer in the Sensex pack, rising 3.5 per cent, followed by Kotak Bank, SBI, Maruti Suzuki, Bajaj Finance, HUL, Axis Bank and Sun Pharma. On the other hand, NTPC, Tech Mahindra, PowerGrid and Infosys were the laggards.

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