News for '-benchmark-brent'

Markets fall for 2nd day amid weak global trends

Markets fall for 2nd day amid weak global trends

Rediff.com3 Nov 2022

Benchmark indices finished on a weak note on Thursday, extending their previous day's decline amid a negative trend in global equity markets after the US Fed hiked interest rates by 75 basis points. The 30-share BSE Sensex declined 69.68 points or 0.11 per cent to settle at 60,836.41. During the day, it tanked 420.95 points or 0.69 per cent to 60,485.14.

Markets end in green; Sensex climbs 145 points

Markets end in green; Sensex climbs 145 points

Rediff.com14 Dec 2022

Benchmark indices Sensex and Nifty ended with gains on Wednesday, extending the previous day rally amid lower level of inflation on domestic front and better-than-expected inflation readings from the US. The 30-share BSE Sensex climbed 144.61 points or 0.23 per cent to settle at 62,677.91. During the day, it jumped 301.81 points or 0.48 per cent to 62,835.11.

Markets retreat from record highs; Sensex falls 216 pts

Markets retreat from record highs; Sensex falls 216 pts

Rediff.com19 Jun 2023

Kotak Mahindra Bank was the biggest loser from the Sensex pack, skidding 1.83 per cent, followed by Axis Bank, NTPC, Hindustan Unilever, ICICI Bank, Bharti Airtel, Reliance Industries, HCL Technologies, IndusInd Bank and Nestle. In contrast, Bajaj Finance, Bajaj Finserv, Tech Mahindra, Tata Consultancy Services, Titan, Infosys, HDFC Bank, HDFC and ITC were the gainers.

Sensex pares early gains as IT stocks crack

Sensex pares early gains as IT stocks crack

Rediff.com9 Dec 2022

Equity benchmark Sensex declined nearly 390 points on Friday, pressured by heavy selling in IT, tech and energy stocks despite a positive trend in the global markets. Besides, rising crude oil prices and relentless foreign capital outflows further weighed on sentiment, traders said. The 30-share BSE Sensex opened strong but came under severe selling pressure to close 389.01 points or 0.62 per cent lower at 62,181.67.

Sensex climbs 465 points; Nifty ends above 17,500

Sensex climbs 465 points; Nifty ends above 17,500

Rediff.com8 Aug 2022

The 30-share BSE gauge climbed 465.14 points or 0.80 per cent to finish at 58,853.07. During the day, it jumped 546.97 points or 0.93 per cent to 58,934.90.

Sensex gains 443 pts on heavy buying in index heavyweights

Sensex gains 443 pts on heavy buying in index heavyweights

Rediff.com5 Sep 2022

Equity benchmark indices rallied nearly 1 per cent to re-visit the 59,000-mark on Monday, tracking heavy buying in index heavyweights Reliance Industries and ICICI Bank. The BSE benchmark rose 442.65 points or 0.75 per cent to settle at 59,245.98. During the day, it jumped 504.92 points or 0.85 per cent to 59,308.25.

Sensex falls 215 points in volatile trade

Sensex falls 215 points in volatile trade

Rediff.com7 Dec 2022

Equity benchmark Sensex declined over 215 points on Wednesday, weighed by losses in index heavyweight Reliance Industries, Bajaj Finserv and Tata Steel, after the Reserve Bank raised the key interest rate by 35 basis points. Subdued Asian markets and continued selling by foreign investors also weighed on sentiment, traders said. Extending its losses for the fourth straight session, the 30-share BSE Sensex ended 215.68 points or 0.34 per cent lower at 62,410.68.

Markets in green on easing inflation; metal, IT shares shine

Markets in green on easing inflation; metal, IT shares shine

Rediff.com13 Jan 2023

From the Sensex pack, Tata Steel, IndusInd Bank, Infosys, UltraTech Cement, NTPC, Bajaj Finance, Hindustan Unilever, Tata Consultancy Services, ICICI Bank and Maruti were among the major winners. Titan, Nestle, Larsen & Toubro, Axis Bank, ITC and Asian Paints were among the major laggards.

Sensex climbs 327 pts on firm global trends

Sensex climbs 327 pts on firm global trends

Rediff.com4 Jul 2022

The BSE benchmark Sensex climbed 326.84 points on Monday, tracking gains in global equity markets and buying in index majors ICICI Bank and Hindustan Unilever. The 30-share BSE index gained 326.84 points or 0.62 per cent to settle at 53,234.77. During the day, it jumped 394.06 points or 0.74 per cent to 53,301.99. The NSE Nifty went higher by 83.30 points or 0.53 per cent to close at 15,835.35.

Sensex, Nifty close marginally up in volatile trade

Sensex, Nifty close marginally up in volatile trade

Rediff.com23 May 2023

Among the Sensex firms, Bajaj Finserv, Tata Motors, Asian Paints, ITC, IndusInd Bank, State Bank of India, Tata Steel, Wipro, Infosys and Maruti were the major gainers. Tech Mahindra, HCL Technologies, Kotak Mahindra Bank, Titan and Larsen & Toubro were the major laggards.

Crude import from Russia declines to lowest in 7 months

Crude import from Russia declines to lowest in 7 months

Rediff.com3 Sep 2023

Indian imports of Russian oil plunged by a record in August month-on-month (M-o-M) as discounts on the fuel shrank in tandem with rising Brent oil prices. Higher crude prices will drive inflation or hurt earnings at oil companies and India's fiscal position if such spikes are not passed on to consumers. Indian purchases of Russian crude declined by around 24 per cent in August from July to the lowest level since January, with refiners expecting volumes to drop further amid rising rates of Russian benchmark Urals grade, substantial stocks at refiners, and planned maintenance at Indian refineries, according to ship tracking data and industry officials.

Markets settle with marginal gains amid fag-end volatility

Markets settle with marginal gains amid fag-end volatility

Rediff.com26 Aug 2022

Benchmark indices managed to settle in the positive territory on Friday, with the Sensex climbing over 59 points, as fag-end volatility trimmed most of the day's gains. A largely firm trend in global markets and foreign fund inflows propped up the bourses, traders said. The BSE Sensex climbed 59.15 points or 0.10 per cent to settle at 58,833.87.

Investors poorer by over Rs 5 lakh cr in early trade as markets tumble

Investors poorer by over Rs 5 lakh cr in early trade as markets tumble

Rediff.com19 May 2022

Equity investors became poorer by over Rs 5 lakh crore in early trade on Thursday as domestic benchmark indices tumbled mirroring weak trends in global equities. The 30-share BSE benchmark Sensex tanked 1,154.78 points to 53,053.75 in early deals tracking weak global markets, persistent foreign fund outflows and a spurt in crude oil prices. The weak broader market trend pulled down the market capitalisation of BSE-listed firms by Rs 5,02,731.03 crore to Rs 2,50,74,714.78 crore in early trade.

Markets halt 6-day losing streak; Sensex jumps 237 pts

Markets halt 6-day losing streak; Sensex jumps 237 pts

Rediff.com20 Jun 2022

Snapping a six-day losing run, equity indices settled in the green after a highly volatile session on Monday, with the Sensex climbing 237 points amid positive cues from European markets. The BSE benchmark gained 237.42 points or 0.46 per cent to settle at 51,597.84. During the day, it hit a high of 51,714.61 and a low of 51,062.93.

Stock markets rise for 2nd session, Sensex gains 156 pts

Stock markets rise for 2nd session, Sensex gains 156 pts

Rediff.com6 Oct 2022

Benchmark BSE Sensex rose by 156 points while the Nifty closed above the 17,300 level on Thursday after gains in metal, IT and capital goods shares amid foreign capital inflows. The 30-share BSE benchmark gained 156.63 points or 0.27 per cent to settle at 58,222.10. During the day, it jumped 513.29 points or 0.88 per cent to 58,578.76.

Markets in bear hug; Sensex ends down 326 points

Markets in bear hug; Sensex ends down 326 points

Rediff.com28 Feb 2023

From the Sensex pack, Reliance Industries fell the most by 2 per cent. Tata Steel, Bajaj Finserv, ITC, NTPC, Bharti Airtel, Tech Mahindra, Titan, Axis Bank and Bajaj Finance were among the other major laggards.

Banking, IT, auto stocks lift Sensex by 659 points

Banking, IT, auto stocks lift Sensex by 659 points

Rediff.com8 Sep 2022

Benchmark stock indices rebounded around 1 per cent on Thursday following value buying in banking, IT and auto stocks after two days of losses and a largely positive trend in global markets. The 30-share BSE Sensex climbed 659.31 points or 1.12 per cent to settle at 59,688.22. During the day, it jumped 683.05 points or 1.15 per cent to 59,711.96. The broader NSE Nifty rose by 174.35 points or 0.99 per cent to close at 17,798.75.

Sensex rallies 515 pts to reclaim 59,000-mark; IT, finance stocks shine

Sensex rallies 515 pts to reclaim 59,000-mark; IT, finance stocks shine

Rediff.com11 Aug 2022

Equity benchmark Sensex rallied 515 points on Thursday to reclaim the 59,000-level, propelled by heavy buying in IT, banking and financial stocks amid sustained foreign fund inflows. The 30-share BSE index ended 515.31 points or 0.88 per cent higher at 59,332.60. Similarly, the broader NSE Nifty gained 124.25 points or 124.25 per cent to close at 17,659.

Sensex slumps 520 points after 9-day rally, Infy down 9 pc

Sensex slumps 520 points after 9-day rally, Infy down 9 pc

Rediff.com17 Apr 2023

Equity benchmark indices Sensex and Nifty buckled under selling pressure after a nine-session rally on Monday, as massive sell-off in IT, tech and telecom counters unnerved investors.

Markets fall for 3rd day; Sensex tumbles 568 points

Markets fall for 3rd day; Sensex tumbles 568 points

Rediff.com7 Jun 2022

Benchmark indices declined for the third day running on Tuesday, with the Sensex tumbling 567.98 points amid weak global markets and continuous foreign funds outflow. Investors were risk averse ahead of the RBI's policy decision on Wednesday, traders said. The 30-share BSE Sensex tanked 567.98 points or 1.02 per cent to settle at 55,107.34.

Markets extend rally to 3rd day; Sensex climbs over 300 points

Markets extend rally to 3rd day; Sensex climbs over 300 points

Rediff.com8 Jul 2022

Benchmark indices gained for the third day running on Friday, with the Sensex climbing over 300 points amid mixed global market trends. The 30-share BSE benchmark advanced 303.38 points or 0.56 per cent to settle at 54,481.84. During the day, it jumped 448.68 points or 0.82 per cent to 54,627.14. The broader NSE Nifty went higher by 87.70 points or 0.54 per cent to end at 16,220.60.

Sensex closes up 37 points; Nifty ends in red

Sensex closes up 37 points; Nifty ends in red

Rediff.com2 Sep 2022

Benchmark indices ended on a flat note on Friday after facing bouts of volatility during the day amid mixed global market trends. The BSE Sensex inched up 36.74 points or 0.06 per cent to settle at 58,803.33. During the day, it hit a high of 59,108.66 and a low of 58,558.64.

Sensex up 38 points; bank stocks shine

Sensex up 38 points; bank stocks shine

Rediff.com13 Apr 2023

Benchmark equity indices Sensex and Nifty ticked higher for the ninth straight session on Thursday, buoyed by fag-end buying in banking, financial and realty stocks amid encouraging domestic retail inflation data. Weak trends in IT counters and fall in the overnight US equity markets triggered by fresh concerns over recession, however, put a check on market's uptrend. In a largely subdued session, the 30-share BSE Sensex went up marginally by 38.23 points or 0.06 per cent to settle at 60,431.

Sensex reclaims 58,000-mark tracking firm global trends

Sensex reclaims 58,000-mark tracking firm global trends

Rediff.com1 Aug 2022

Equity benchmark Sensex extended its winning run to the fourth day running on Monday and reclaimed the 58,000-level, tracking firm global trends and fresh foreign fund inflows. Buying in index major Reliance Industries added to the momentum. The 30-share BSE benchmark climbed 545.25 points or 0.95 per cent to settle at 58,115.50. During the day, it jumped 600.42 points or 1 per cent to 58,170.67. The broader NSE Nifty advanced 181.80 points or 1.06 per cent to 17,340.05.

Sensex down 337 points post Fed rate hike

Sensex down 337 points post Fed rate hike

Rediff.com22 Sep 2022

Equity indices fell on Thursday, mirroring weak global market trends following the US Federal Reserve's interest rate hike and hawkish stance. The 30-share BSE Sensex declined 337.06 points or 0.57 per cent to settle at 59,119.72. During the day, it tanked 624 points or 1.04 per cent to 58,832.78. The NSE Nifty went lower by 88.55 points or 0.50 per cent to end at 17,629.80.

Markets spurt over 1%; Sensex gains 712 points

Markets spurt over 1%; Sensex gains 712 points

Rediff.com29 Jul 2022

Benchmark indices continued to rally for the third day running on Friday with the Sensex climbing 619 points in early trade to reclaim the 57,000 level. The 30-share BSE benchmark jumped 619.27 points to 57,477.06. The broader NSE Nifty advanced 189.15 points to 17,118.75.

Markets settle with modest gains in highly volatile trade

Markets settle with modest gains in highly volatile trade

Rediff.com24 Aug 2022

Equity benchmarks eked out marginal gains to settle in the positive zone after swinging between gains and losses during the session on Wednesday amid weakness in global bourses. In a trade marked with highs and lows, the 30-share BSE Sensex climbed 54.13 points or 0.09 per cent to settle at 59,085.43. During the day, it hit a high of 59,170.87 and a low of 58,760.09. Similarly, the broader NSE Nifty went up by 27.45 points or 0.16 per cent to 17,604.95.

IT, bank stocks lift Sensex by 548 points

IT, bank stocks lift Sensex by 548 points

Rediff.com27 Jul 2022

Benchmark indices bounced back on Wednesday after a two-day decline, with the Sensex and Nifty climbing nearly 1 per cent each, tracking a positive trend in European markets. Buying in IT and bank stocks also supported the recovery in equities. The 30-share BSE benchmark jumped 547.83 points or 0.99 per cent to settle at 55,816.32.

Sensex, Nifty snap two-day fall as bank, auto shares shine

Sensex, Nifty snap two-day fall as bank, auto shares shine

Rediff.com23 Aug 2022

Benchmark BSE Sensex and Nifty snapped their two-day losing streak to close nearly half a per cent higher on Tuesday following gains in banking, metal and auto stocks. The 30-share BSE Sensex climbed 257.43 points or 0.44 per cent to settle at 59,031.30. During the day, it hit a high of 59,199.11 and a low of 58,172.48.

Sensex, Nifty drop nearly 1% on global recession fears

Sensex, Nifty drop nearly 1% on global recession fears

Rediff.com26 Jul 2022

Benchmark BSE Sensex and Nifty closed lower by nearly 1 per cent on Tuesday amid fresh foreign fund outflows and mixed global trends. The 30-share BSE benchmark fell by 497.73 points or 0.89 per cent to settle at 55,268.49, extending its losses for second straight day. During the day, it tanked 562.79 points or 1 per cent to 55,203.43. The broader NSE Nifty declined by 147.15 points or 0.88 per cent to 16,483.85.

Sensex jumps 474 points to settle at fresh all-time closing high of 67,572

Sensex jumps 474 points to settle at fresh all-time closing high of 67,572

Rediff.com20 Jul 2023

ITC was the biggest gainer in the Sensex pack, rising nearly 3 per cent, followed by Kotak Mahindra Bank, ICICI Bank, Maruti, Bharti Airtel, State Bank of India, Sun Pharmaceutical Industries, Axis Bank, Reliance Industries, Hindustan Unilever and JSW Steel. On the other hand, Infosys, UltraTech Cement, HCL Technologies, Bajaj Finserv, Larsen & Toubro, Titan, Tata Consultancy Services and Wipro were the laggards.

IT, pharma stocks drag Sensex down by 413 points

IT, pharma stocks drag Sensex down by 413 points

Rediff.com15 Sep 2022

Benchmark indices Sensex and Nifty gave up early gains to close in negative territory on Thursday dragged down by IT and pharma stocks which fell amid fears of recession in the global economy. The 30-share Sensex opened higher and rose further to touch a day's high of 60,676.12 on gains in auto and capital goods shares. However, it gave up all early gains and later closed 412.96 points or 0.68 per cent lower at 59,934.01.

Sensex gains 130 points in range-bound trade

Sensex gains 130 points in range-bound trade

Rediff.com12 Aug 2022

Benchmark BSE Sensex gained 130 points on Friday after gains in index majors Reliance Industries, ICICI Bank and Tata Steel ahead of the release of inflation and factory output data. Recovering from its early losses, the 30-share BSE index ended 130.18 points or 0.22 per cent higher at 59,462.78 in a range-bound trade. The broader NSE Nifty advanced 39.15 points or 0.22 per cent to close at 17,698.15.

Sensex slips 153 points in volatile trade

Sensex slips 153 points in volatile trade

Rediff.com14 Jun 2022

Benchmark indices fell for the third straight day on Tuesday, with the Sensex falling over 153 points amid largely weak global markets as investors remained cautious ahead of the crucial Federal Reserve meeting outcome. Unabated foreign fund outflows also continued to weigh on the domestic equity markets. The 30-share BSE benchmark dropped 153.13 points or 0.29 per cent to settle at 52,693.57.

Markets fall on selling in IT, banking shares, FII outflows

Markets fall on selling in IT, banking shares, FII outflows

Rediff.com19 Apr 2023

Among the Sensex firms, HCL Technologies fell the most by 2.4 per cent. IndusInd Bank (2.35 per cent), Infosys (2.28 per cent), Wipro (1.8 per cent), NTPC (1.71 per cent), Asian Paints (1.7 per cent), Tata Consultancy Services (1.36 per cent),Tech Mahindra (1.03 per cent) and SBI (1 per cent) were among the major laggards.

Markets log best single-day gain in more than 3 months

Markets log best single-day gain in more than 3 months

Rediff.com30 Aug 2022

Benchmark BSE Sensex and Nifty soared over 2.5 per cent, logging their best single-day gain in more than three months, on Tuesday after value buying in banking, IT and oil stocks. The 30-share Sensex jumped 1,564.45 points or 2.70 per cent to settle at 59,537.07. During the day, it zoomed 1,627.16 points or 2.80 per cent to 59,599.78. The broader NSE Nifty advanced 446.40 points or 2.58 per cent to 17,759.30.

Markets fall over 1%; Sensex tanks 861 points

Markets fall over 1%; Sensex tanks 861 points

Rediff.com29 Aug 2022

Benchmark indices fell over 1 per cent each on Monday in sync with weak global markets and a sharp fall in IT stocks. The BSE benchmark Sensex tanked 861.25 points or 1.46 per cent to settle at 57,972.62. During the day, it tumbled 1,466.4 points or 2.49 per cent to 57,367.47. Similarly, the NSE Nifty fell 246 points or 1.4 per cent to 17,312.90.

Rupee falls to all-time low of 80.15 against US dollar in early trade

Rupee falls to all-time low of 80.15 against US dollar in early trade

Rediff.com29 Aug 2022

The rupee depreciated 31 paise to an all-time low of 80.15 against the US dollar in early trade on Monday tracking the strength of the American currency and firm crude oil prices. At the interbank foreign exchange, the rupee opened at 80.10 against the dollar, then lost ground to quote at 80.15, registering a fall of 31 paise from the last close. On Friday, the rupee closed at 79.84 against the dollar.

Markets succumb to fag-end sell-off; Sensex drops 49 pts

Markets succumb to fag-end sell-off; Sensex drops 49 pts

Rediff.com3 Jun 2022

A fag-end sell-off dragged down benchmark indices in a choppy session on Friday, with the Sensex settling 49 points lower. The 30-share BSE Sensex, which traded in the green for most part of the day, came under selling pressure towards the end to close 48.88 points or 0.09 per cent lower at 55,769.23. During the day, it hit a high of 56,432.65 and a low of 55,719.36.

Rupee slips 13 paise to 77.67/USD in early trade

Rupee slips 13 paise to 77.67/USD in early trade

Rediff.com31 May 2022

The rupee slipped 13 paise to 77.67 against the US dollar in early trade on Tuesday, weighed down by the surge in crude oil prices. At the interbank foreign exchange, the rupee opened at 77.65 against the American dollar, then lost ground to quote at 77.67, registering a fall of 13 paise from the last close. On Monday, the rupee settled at 77.54 against the US dollar.