News for 'Kong Stock Exchange'

HDFC twins, Infosys drag Sensex down 304 points

HDFC twins, Infosys drag Sensex down 304 points

Rediff.com23 Mar 2022

Paring its early gains, benchmark BSE Sensex fell by 304 points on Wednesday as investors booked profit after recent gains amid concerns over inflation and supply constraints. Despite a firm start, the 30-share BSE barometer declined by 304.48 points or 0.53 per cent to settle at 57,684.82. During the day, it tanked 420.71 points or 0.72 per cent to 57,568.59.

Markets rebound after 2-day slide; Sensex jumps 777 points

Markets rebound after 2-day slide; Sensex jumps 777 points

Rediff.com26 Apr 2022

Benchmark indices rebounded sharply on Tuesday after falling for the past two sessions, with the Sensex rallying nearly 777 points, helped by buying in index major Reliance Industries and recovery in global markets. The 30-share BSE benchmark jumped 776.72 points or 1.37 per cent to end at 57,356.61. During the day, it rallied 862.35 points or 1.52 per cent to 57,442.24. The broader NSE Nifty gained 246.85 points or 1.46 per cent to finish at 17,200.80.

Markets kick off FY23 in style; Sensex recaptures 59k

Markets kick off FY23 in style; Sensex recaptures 59k

Rediff.com1 Apr 2022

Equity markets began the new financial year with smart gains on Friday, with the Sensex rallying over 708 points to recapture the crucial 59,000-mark following gains in index majors HDFC twins and Reliance Industries, along with foreign fund inflows. On the first day of trading in the new financial year, the BSE barometer rallied 708.18 points or 1.21 per cent to settle at 59,276.69. During the day, it jumped 828.11 points or 1.41 per cent to 59,396.62. The broader NSE Nifty advanced 205.70 points or 1.18 per cent to settle at 17,670.45.

Sensex ends in green after 3 days; RIL, IT stocks spurt

Sensex ends in green after 3 days; RIL, IT stocks spurt

Rediff.com22 Nov 2022

Equity indices staged a pullback on Tuesday after three days of declines as investors scooped up IT, metal and consumption stocks amid a largely positive trend overseas. A recovery in the rupee added to the momentum, traders said. Overcoming a wobbly start, the 30-share BSE Sensex climbed 274.12 points or 0.45 per cent to settle at 61,418.96.

Oil, banking stocks drag Sensex down 184 points

Oil, banking stocks drag Sensex down 184 points

Rediff.com18 Apr 2023

Among the Sensex firms, Power Grid, UltraTech Cement, Titan, Reliance Industries, Bajaj Finance, Mahindra & Mahindra, ICICI Bank, Tata Consultancy Services, Tech Mahindra, ITC and HDFC Bank were the major laggards. HCL Technologies, IndusInd Bank, Wipro, Nestle, Maruti, Larsen & Toubro and Asian Paints were among the gainers.

Sensex revisits 74K; Nifty climbs 168 points

Sensex revisits 74K; Nifty climbs 168 points

Rediff.com25 Apr 2024

State Bank of India, NTPC, Nestle, Sun Pharma, JSW Steel, ITC, Mahindra & Mahindra and HCL Technologies were among the other major gainers.

Sensex tanks over 1,400 pts amid global market rout

Sensex tanks over 1,400 pts amid global market rout

Rediff.com19 May 2022

Equity benchmarks fell sharply on Thursday in line with an extremely weak trend in the global markets, with the Sensex plunging 1,154.78 points in early trade. Persistent foreign fund outflows and a spurt in crude oil prices also dampened sentiment. The 30-share BSE benchmark was trading 1,154.78 points lower at 53,053.75. The broader NSE Nifty tumbled 335.65 points to 15,904.65.

Markets in bear hug; Sensex sinks over 900 points

Markets in bear hug; Sensex sinks over 900 points

Rediff.com13 Mar 2024

Equity benchmark index Sensex on Wednesday crashed over 900 points to sink below the 73,000 level due to widespread selling pressure amid a sharp fall in smallcap and midcap indices. Besides, deep losses in utility, energy and metal stocks and recent selling by foreign investors added to the gloom, analysts said. Benchmark indices started the session on a positive note, but the selling intensified during afternoon trade, with all sectoral indices ending in the red.

Sensex, Nifty settle lower after hitting record highs

Sensex, Nifty settle lower after hitting record highs

Rediff.com10 Jun 2024

Benchmark equity indices Sensex and Nifty ended lower on Monday after hitting their all-time high levels in early trade amid selling in blue-chip IT stocks and HDFC Bank. After breaching the 77,000-mark during the early trade, the 30-share BSE Sensex came under selling pressure at the fag-end of the session and ended 203.28 points or 0.27 per cent lower at 76,490.08. During the day, the benchmark jumped 385.68 points or 0.50 per cent to hit a new record of 77,079.04.

Index heavyweights drag Sensex down 102 points

Index heavyweights drag Sensex down 102 points

Rediff.com22 Oct 2021

ITC was the top loser in the Sensex pack, slipping over 3 per cent, followed by Maruti, Infosys, NTPC, HCL Tech and Tata Steel. NSE Nifty shed 63.20 points to close at 18,114.90.

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.

Sensex ends lower for 3rd day; Tata Steel tanks 6.95%

Sensex ends lower for 3rd day; Tata Steel tanks 6.95%

Rediff.com10 May 2022

Equity indices failed to hold on to their gains in see-saw trade on Tuesday, ending in the red for the third straight session despite a tentative recovery in global equities. The rupee too bounced back from historic lows, but the overall sentiment remained risk-averse amid concerns over economic recovery in a high interest rate scenario. The 30-share BSE Sensex had a choppy start but gained momentum in mid-session trade. However, it succumbed to selling pressure towards the fag end to close 105.82 points or 0.19 per cent lower at 54,364.85. On similar lines, the broader NSE Nifty declined 61.80 points or 0.38 per cent to finish at 16,240.05.

Profit-booking drags Sensex, Nifty down

Profit-booking drags Sensex, Nifty down

Rediff.com3 Apr 2024

Among the Sensex constituents, as many as 16 stocks closed with losses with Nestle India, Kotak Mahindra Bank, IndusInd Bank, Bajaj Finserve, Titan and JSW Steel being the major laggards. Index major Reliance, Hindustan Unilever, Maruti and Tata Steel also declined due to selling pressure. In contrast, NTPC, TCS, Tech Mahindra, Bajaj Finance bucked the trend and ended the day in green. Axis Bank, Bharti Airtel, Mahindra & Mahindra and Tata Motors also defied the trend.

Sensex down 111 pts on profit-taking, foreign fund outflows

Sensex down 111 pts on profit-taking, foreign fund outflows

Rediff.com2 Apr 2024

From the Sensex basket, Kotak Mahindra Bank, HCL Technologies, ICICI Bank, Infosys, Tata Consultancy Services, Wipro, Tech Mahindra and Larsen & Toubro were the major laggards. Mahindra & Mahindra, Nestle, Tata Motors and IndusInd Bank were among the gainers.

Sensex closes 415 points higher; crosses 60K

Sensex closes 415 points higher; crosses 60K

Rediff.com6 Mar 2023

Among Sensex stocks, Tata Motors rose the most by 2.79 per cent. NTPC, Reliance Industries, Infosys, TCS, HDFC twins, Tata Motors, ITC, Power Grid and Bajaj Finserv were among the major gainers. Tata Steel fell the most by 1.22 per cent. L&T, Sun Pharmaceuticals, IndusInd Bank and Ultratech Cement were among the losers.

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 tanks 1,017 pts to close at 2-week low tracking weak global trends

Sensex tanks 1,017 pts to close at 2-week low tracking weak global trends

Rediff.com6 Sep 2024

Benchmark equity indices Sensex and Nifty slumped over 1 per cent on Friday, tracking a weak trend in global markets and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tumbled 1,017.23 points or 1.24 per cent to settle at 81,183.93.

Sensex jumps 496 points; ICICI, Airtel major movers

Sensex jumps 496 points; ICICI, Airtel major movers

Rediff.com19 Jan 2024

Among the Sensex firms, Bharti Airtel, NTPC, Tech Mahindra, Mahindra & Mahindra, Tata Steel, UltraTech Cement, Titan, Axis Bank, JSW Steel and Larsen & Toubro were the major gainers. IndusInd Bank, Kotak Mahindra Bank, HDFC Bank and State Bank of India were the laggards.

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 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.

Markets end in red; auto, finance stocks weigh

Markets end in red; auto, finance stocks weigh

Rediff.com18 Nov 2022

Market benchmarks ended lower for the second straight session on Friday, paring their initial gains amid a mixed trend in the global equities. The 30-share BSE Sensex declined 87.12 points or 0.14 per cent to settle at 61,663.48. During the day, it fell 413.17 points or 0.66 per cent to 61,337.43.

Markets in freefall after US Fed's rate hike, Sensex down by 1046 pts

Markets in freefall after US Fed's rate hike, Sensex down by 1046 pts

Rediff.com16 Jun 2022

Equity indices faced a heavy drubbing on Thursday after an initial rally, with Sensex tanking 1,045.60 points amid a largely bearish trend overseas after the US Federal Reserve hiked rates by 75 basis points.

Sensex rallies over 1,300 pts to reclaim 60,000-level

Sensex rallies over 1,300 pts to reclaim 60,000-level

Rediff.com4 Apr 2022

Equity benchmark Sensex surged over 1,300 points on Monday to reclaim the 60,000-level, boosted by intense buying in banking and financial stocks after the announcement of merger between HDFC and HDFC Bank. Strong global cues and receding crude oil prices also propped up the domestic equity markets, according to traders. Shares of HDFC and HDFC Bank rallied nearly 10 per cent as investors lapped up the merger deal.

Sensex ends down 115 pts; closes FY22 with 18% gains

Sensex ends down 115 pts; closes FY22 with 18% gains

Rediff.com31 Mar 2022

Benchmark BSE Sensex gave up its early gains to settle lower by 115 points on the last day of 2021-22 fiscal on Thursday, dragged down by profit-taking in Reliance Industries, Infosys and HDFC Bank after a three-day rally. The 30-share barometer declined by 115.48 points or 0.20 per cent to settle at 58,568.51 in choppy trade due to the expiry of monthly derivatives contracts. During the day, it touched a high of 58,890.92 and a low of 58,485.79.

Sensex tumbles 733 points amid broad-based selloff; Nifty slips from record

Sensex tumbles 733 points amid broad-based selloff; Nifty slips from record

Rediff.com3 May 2024

From the Sensex basket, Larsen & Toubro, Maruti, Reliance Industries, Nestle, Bharti Airtel, UltraTech Cement, Kotak Mahindra Bank and JSW Steel were among the major laggards. Bajaj Finance climbed nearly 1 per cent higher.

Global trends, banking stocks help markets end in green

Global trends, banking stocks help markets end in green

Rediff.com23 Nov 2022

Equity benchmarks ended higher on Wednesday amid buying in banking counters and a firm trend in global markets. Continuing its previous day rally, the 30-share BSE Sensex climbed 91.62 points or 0.15 per cent to settle at 61,510.58. During the day, it jumped 361.94 points or 0.58 per cent to 61,780.90. The broader NSE Nifty gained 23.05 points or 0.13 per cent to end at 18,267.25.

Sensex, Nifty soar nearly 2% on gains in RIL, Infosys

Sensex, Nifty soar nearly 2% on gains in RIL, Infosys

Rediff.com30 May 2022

Extending their rally to a third straight day, benchmark indices Sensex and Nifty jumped nearly 2 per cent on Monday on heavy buying in Reliance Industries and Infosys amid a firm trend in global equities. The 30-share BSE Sensex rallied 1,041.08 points or 1.90 per cent to settle at 55,925.74. During the day, it gained 1,197.99 points or 2.18 per cent to 56,082.65. The broader NSE Nifty jumped 308.95 points or 1.89 per cent to settle at 16,661.40.

Modi @ 3.0: Sensex races past 76K, Nifty rises 733 points

Modi @ 3.0: Sensex races past 76K, Nifty rises 733 points

Rediff.com3 Jun 2024

Larsen & Toubro, Axis Bank, Reliance Industries, UltraTech Cement, Mahindra & Mahindra, IndusInd Bank, ICICI Bank and Tata Steel were the other big gainers. Sun Pharma, HCL Technologies, Asian Paints, Nestle and Infosys were the laggards.

Markets snap five-day rally; Sensex tumbles over 600 pts

Markets snap five-day rally; Sensex tumbles over 600 pts

Rediff.com26 Apr 2024

Market benchmarks Sensex and Nifty wilted under selling pressure on Friday after a five-day rally as investors pared exposure to banking, financial and consumer durable stocks amid mixed trends in global markets. Rising global crude prices, a depreciating rupee and persistent foreign fund outflows further weighed on sentiment, traders said.

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.

Sensex climbs 167 points on buying in bank shares, Reliance

Sensex climbs 167 points on buying in bank shares, Reliance

Rediff.com9 Feb 2024

Benchmark Sensex rebounded by 167 points in a volatile trade on Friday amid buying in ICICI Bank, State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 167.06 points or 0.23 per cent to settle at 71,595.49. During the day, it hit a high of 71,676.49 and a low of 71,200.31.

Markets rally for 3rd day; Sensex jumps 817 points

Markets rally for 3rd day; Sensex jumps 817 points

Rediff.com10 Mar 2022

Equity benchmarks continued their winning momentum for the third day on Thursday and jumped over 1.50 per cent, tracking an overall bullish trend in Asian equities. On the political front, the BJP headed for a second straight win in politically crucial Uttar Pradesh and dominated the trends chart in three other states. The 30-share BSE benchmark Sensex opened in the green and further zoomed 1,595.14 points or 2.91 per cent to 56,242.47 during early trade.

Sensex tanks 769 points; Nifty slumps below 16,250

Sensex tanks 769 points; Nifty slumps below 16,250

Rediff.com4 Mar 2022

Titan, Maruti Suzuki India, Asian Paints, Mahindra & Mahindra and Hindustan Unilever Limited were the biggest drags on the Sensex, tumbling up to 5.05 per cent. In contrast, ITC, Dr Reddy's Laboratories, Tech Mahindra and UltraTech Cement were among the gainers.

Heavy buying in banking stocks lift Sensex by 910 points

Heavy buying in banking stocks lift Sensex by 910 points

Rediff.com3 Feb 2023

From the Sensex pack, Titan, Bajaj Finserv, Bajaj Finance, HDFC Bank, HDFC, State Bank of India, Mahindra & Mahindra and IndusInd Bank were among the major winners. HCL Technologies, Wipro and Tech Mahindra were among the laggards.

Sensex tumbles over 460 points on fag-end selling

Sensex tumbles over 460 points on fag-end selling

Rediff.com29 Apr 2022

Benchmark equity indices Sensex and Nifty gave up early gains to close down by over 0.8 per cent due to fag-end selling in Axis Bank, Reliance Industries and Infosys. The 30-share BSE benchmark plummeted 460.19 points or 0.80 per cent to end at 57,060.87 despite a firm opening. During the day, it hit a high of 57,975.48 and a low of 56,902.30. The NSE Nifty tanked 142.50 points or 0.83 per cent to 17,102.55.

Sensex rallies over 500 points in early trade

Sensex rallies over 500 points in early trade

Rediff.com16 Dec 2021

Infosys was the top gainer in the Sensex pack, rising over 2 per cent, followed by Bajaj Finance, HCL Tech, Tata Steel, Tech Mahindra and NTPC. On the other hand, Maruti, Sun Pharma, HUL and ITC were among the laggards. Nifty rose 122.15 points to 17,343.55.

Sensex reclaims 60k, Nifty tops 18k-mark

Sensex reclaims 60k, Nifty tops 18k-mark

Rediff.com31 Oct 2022

The Sensex finished above the psychologically key 60,000-mark while the Nifty surged past the 18,000-level on Monday on across-the-board buying amid a mixed trend overseas. A depreciating rupee and concerns over the US Federal Reserve hiking rates later this week failed to quell investors' appetite for stocks, traders said. The 30-share BSE Sensex rallied 786.74 points or 1.31 per cent to settle at 60,746.59.

Sensex gains 268 points on fag-end buying

Sensex gains 268 points on fag-end buying

Rediff.com14 Feb 2024

State Bank of India was the biggest gainer in the Sensex pack, rising 4.24 per cent, followed by Tata Steel, Axis Bank, Maruti, NTPC, PowerGrid, ITC and Nestle India. Reliance jumped 1.15 per cent to end at Rs 2,962.60 apiece on BSE.

BSE, NSE settle marginally lower in volatile trade

BSE, NSE settle marginally lower in volatile trade

Rediff.com24 Nov 2023

Among the Sensex firms, HCL Tech, Wipro, Tata Consultancy Services, Tech Mahindra, Nestle, Tata Motors, Infosys, Bharti Airtel, UltraTech Cement and Tata Steel were among the laggards. On the other hand, Axis Bank, HDFC Bank, ICICI Bank, JSW Steel, Mahindra & Mahindra and Kotak Mahindra Bank were the major gainers.

Investors lose over Rs 6.71 lakh cr as markets crash

Investors lose over Rs 6.71 lakh cr as markets crash

Rediff.com19 May 2022

Equity investors became poorer by over Rs 6.71 lakh crore on Thursday as domestic benchmark indices tumbled amid a global market meltdown. The 30-share BSE benchmark Sensex tanked 1,416.30 points or 2.61 per cent to settle at 52,792.23, tracking weak global markets and persistent foreign fund outflows. In line with the weak market trend, the market capitalisation of BSE-listed firms tumbled by Rs 6,71,051.73 crore to stand at Rs 2,49,06,394.08 crore.