News for 'Mahindra Finance'

Markets end on mixed note; Sensex climbs 158 points, Nifty dips

Markets end on mixed note; Sensex climbs 158 points, Nifty dips

Rediff.com1 Feb 2023

Equity benchmarks Sensex and Nifty ended on a mixed note on Wednesday as the euphoria about the Budget fizzled out, with investors going for profit-taking ahead of the Fed interest rate decision. The 30-share BSE benchmark Sensex climbed 158.18 points or 0.27 per cent to settle at 59,708.08 after it trimmed most of the intra-day gains. During the day, it had zoomed 1,223.54 points or 2 per cent to 60,773.44.

Investors poorer by Rs 4.90 lakh cr as Sensex tumbles nearly 2%

Investors poorer by Rs 4.90 lakh cr as Sensex tumbles nearly 2%

Rediff.com23 Sep 2022

Investors' wealth eroded by over Rs 4.90 lakh crore on Friday amid a sharp fall in equities. The 30-share BSE Sensex tanked 1,020.80 points or 1.73 per cent to settle at 58,098.92. During the day, it tumbled 1,137.77 points or 1.92 per cent to 57,981.95. The market capitalisation of the BSE-listed firms plummeted by Rs 4,90,162.55 crore to Rs 2,76,64,566.79 crore on Friday.

Sensex snaps 4-day losing streak; ends up428 points

Sensex snaps 4-day losing streak; ends up428 points

Rediff.com9 Jun 2022

Powered by a rally in index heavyweight Reliance Industries, equity benchmark Sensex broke its four-session losing run to close above the 55,000-mark on Thursday despite a weak trend overseas. Investors made a cautious return to IT, pharma and bank stocks after their recent sell-off. However, a depreciating rupee and persistent foreign fund outflows capped the gains, traders said. Overcoming a lacklustre start, the 30-share BSE Sensex surged 427.79 points or 0.78 per cent to close at 55,320.28.

After two-day selloff, Sensex surges 497 pts at close

After two-day selloff, Sensex surges 497 pts at close

Rediff.com21 Dec 2021

HCL Tech was the top gainer in the Sensex pack, rising around 3 per cent, followed by Tech Mahindra, Tata Steel, Wipro, NTPC and Titan. Nifty advanced 187.05 points to 16,801.25.

Sensex rises 226 points on gains in index heavyweights

Sensex rises 226 points on gains in index heavyweights

Rediff.com23 Aug 2021

HCL Tech was the top gainer in the Sensex pack, rising over 4 per cent, followed by TCS, Bajaj Finserv, Nestle India, Bharti Airtel, Bajaj Finance and Tech Mahindra. NSE Nifty advanced 45.95 points to 16,496.45.

Sensex rebounds 377 pts, Nifty closes above 17,850

Sensex rebounds 377 pts, Nifty closes above 17,850

Rediff.com8 Feb 2023

Benchmark equity indices Sensex and Nifty closed higher by more than half a per cent on Wednesday following buying in IT, financial and oil stocks after the RBI slowed down the pace of interest rate hikes. Ending its two-day slide, the 30-share BSE Sensex rebounded by 377.75 points or 0.63 per cent to close at 60,663.79 with 24 of its constituents posting gains. The broader Nifty of the NSE spurted by 150.20 points or 0.85 per cent to settle at 17,871.70, riding on a rally in Adani Enterprises, Adani Ports and HDFC Life.

Top corporates chip in as component makers face cash crunch

Top corporates chip in as component makers face cash crunch

Rediff.com10 Jun 2018

An increase in sales across all categories in the automobile industry, has made need for higher working capital inevitable.

Sensex surges over 600 pts; Nifty tops 11,650-level

Sensex surges over 600 pts; Nifty tops 11,650-level

Rediff.com6 Oct 2020

On the Sensex chart, index heavyweight HDFC rallied over 8 per cent. Other prominent gainers were IndusInd Bank, Mahindra and Mahindra, Asian Paints, Bajaj Finance, HDFC Bank and Ultratech Cement.

Sensex tumbles 341 points on weak global cues

Sensex tumbles 341 points on weak global cues

Rediff.com11 May 2021

Kotak Bank was the top loser in the Sensex pack, shedding 3 per cent, followed by HDFC, Bajaj Finance, Bajaj Finserv, Tech Mahindra, HUL and Titan. NSE Nifty slumped 91.60 points to 14,850.75.

Buying A Used Car? Read These Smart Tips

Buying A Used Car? Read These Smart Tips

Rediff.com20 Jul 2022

You will come across many a hurdle while purchasing a used car. That, however, cannot keep you away from realising your dream.

UBS bullish on Indian equity market

UBS bullish on Indian equity market

Rediff.com23 Nov 2014

Asset financing firms are still witnessing subdued demand and meaningful recovery is likely only in FY16, the report said.

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.

Investors' wealth jumps Rs 2.93 lakh cr as markets rally

Investors' wealth jumps Rs 2.93 lakh cr as markets rally

Rediff.com22 Jul 2021

Investors' wealth jumped Rs 2,93,054.25 crore on Thursday as markets returned to winning ways after falling for three straight sessions. The 30-share BSE benchmark Sensex zoomed 638.70 points or 1.22 per cent to close at 52,837.21. During the day, it gained 668.75 points to 52,867.26. Tracking the bullish trend, the market capitalisation of BSE-listed companies jumped Rs 2,93,054.25 crore to reach Rs 2,33,94,917.25 crore.

Indians not only brilliant in Spelling Bee, but...: PM in Congress

Indians not only brilliant in Spelling Bee, but...: PM in Congress

Rediff.com23 Jun 2023

Prime Minister Modi's remarks on Thursday came during his address to a joint session of the US Congress. He attributed a big part of the success of India-US ties to Indian-Americans.

Sensex ends up 221 points; IT, financial shares rally

Sensex ends up 221 points; IT, financial shares rally

Rediff.com11 Jan 2022

On the Sensex chart, HCL Tech, HDFC, Tech Mahindra, TCS, RIL, Sun Pharma and SBI were the major gainers, rising as much as 4.3 per cent. NSE Nifty gained 52.45 points to end at 18,055.75.

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.

Six of top-10 most valued firms add Rs 91,629 cr in m-cap

Six of top-10 most valued firms add Rs 91,629 cr in m-cap

Rediff.com6 Dec 2020

Six of the top-10 most valued domestic firms added Rs 91,629.38 crore cumulatively in market valuation last week, with ICICI Bank and Tata Consultancy Services clocking maximum gains. During the last week, which was holiday-truncated, the Sensex rallied 929.83 points or 2.10 per cent. The list of gainers had Reliance Industries Ltd (RIL), Tata Consultancy Services (TCS), Hindustan Unilever Ltd (HUL), Infosys, ICICI Bank and Bharti Airtel.

Sensex, Nifty scale fresh lifetime highs

Sensex, Nifty scale fresh lifetime highs

Rediff.com5 Aug 2021

IndusInd Bank was the top loser in the Sensex pack, shedding around 2 per cent, followed by Titan, Tata Steel, M&M, Bajaj Finance and SBI. On the other hand, Bharti Airtel, HCL Tech, Tech Mahindra and Kotak Bank were among the gainers. NSE Nifty inched 8.95 points lower to 16,249.85 in early trade.

Mcap of top-10 valued firms jumps over Rs 1.56 lakh cr

Mcap of top-10 valued firms jumps over Rs 1.56 lakh cr

Rediff.com26 Sep 2021

The top 10 valued firms added a total Rs 1,56,317.17 crore to their market valuation last week, helped by across the board rally which catapulted the benchmark index Sensex to the record 60,000 mark for the first time. During the last week, the 30-share BSE benchmark rallied 1,032.58 points or 1.74 per cent. The BSE Sensex made history on Friday by reaching the 60,000-mark for the first time ever. The market capitalisation (mcap) of Reliance Industries zoomed Rs 58,671.55 crore to reach Rs 15,74,052.03 crore. The m-cap of RIL went past Rs 16 lakh crore mark in intra-day trade on Thursday following a rally in its share price.

Sensex sinks below 58K; settles at new 5-month low

Sensex sinks below 58K; settles at new 5-month low

Rediff.com14 Mar 2023

M&M was the biggest loser in the Sensex pack, declining nearly 3 per cent, followed by TCS, Bajaj Finance, Wipro, Kotak Bank, Tech Mahindra, HCL Tech and Tata Motors. In contrast, Titan, Bharti Airtel, ICICI Bank and L&T were among the gainers, rising up to 0.93 per cent.

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.

Golden tips for investors in lower tax brackets

Golden tips for investors in lower tax brackets

Rediff.com24 May 2016

Investors in the 10% and 20% slabs can get better post-tax returns compared to a bank fixed deposit

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.

Sensex rises 322 pts to close above 60,000 mark

Sensex rises 322 pts to close above 60,000 mark

Rediff.com12 Sep 2022

Benchmark BSE Sensex rose by about 322 points to close above the 60,000 level on Monday tracking gains in banking, IT and energy stocks amid positive global equities. The 30-share barometer closed higher by 321.99 pts or 0.54 per cent at a three-week high of 60,115.13, as 21 of the index constituents closed in the green. After a strong opening, the index touched a day's high of 60,284.55 and a low of 59,912.29.

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 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 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.

As coronavirus fears grip markets, Sensex tanks 1,448 points

As coronavirus fears grip markets, Sensex tanks 1,448 points

Rediff.com28 Feb 2020

Tech Mahindra was the top laggard in the Sensex pack, followed by Tata Steel, Mahindra and Mahindra, HCL Tech, Infosys, SBI and Bajaj Finance.

Sensex surges 584 points; private banks rally

Sensex surges 584 points; private banks rally

Rediff.com9 Mar 2021

Kotak Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by HDFC twins, ICICI Bank, Tech Mahindra, Bajaj Finance, Asian Paints and TCS. NSE Nifty surged 142.20 points to 15,098.40.

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.

Sensex pares early gains, ends own 188 points

Sensex pares early gains, ends own 188 points

Rediff.com29 Sep 2022

Benchmark indices failed to hold on to early gains and closed in the red for the seventh straight session on Thursday, with participants remaining in wait-and-watch mode ahead of the RBI's interest rate decision. Unabated selling by foreign funds added to the pressure, though a modest recovery in the rupee cushioned the fall, traders said. After rallying in early trade, the 30-share BSE Sensex came under selling pressure in the afternoon session and closed 188.32 points or 0.33 per cent lower at 56,409.96.

Sensex snaps 2-day winning run, ends marginally lower

Sensex snaps 2-day winning run, ends marginally lower

Rediff.com6 Jul 2021

Tech Mahindra was the top loser in the Sensex pack, shedding over 2 per cent, followed by TCS, Maruti, Reliance, Sun Pharma and Infosys. NSE Nifty fell 16.10 points to 15,818.25.

Sensex reclaims 56K; Nifty gains 114 points

Sensex reclaims 56K; Nifty gains 114 points

Rediff.com22 Jul 2022

Benchmark indices rallied on Friday with the BSE Sensex climbing over 390 points to settle above the 56,000-mark amid fresh buying by foreign funds and largely positive global market trends. Intense buying in banking and finance counters also drove the indices higher. Rising for the sixth straight session, the 30-share BSE benchmark jumped 390.28 points or 0.70 per cent to settle at 56,072.23.

Sensex rallies 1,266 pts; Nifty reclaims 9,100 level

Sensex rallies 1,266 pts; Nifty reclaims 9,100 level

Rediff.com9 Apr 2020

Mahindra and Mahindra was the top gainer in the Sensex pack, surging over 16 per cent, followed by Maruti, Titan, Bajaj Finance, HDFC, Bajaj Auto and Hero MotoCorp. On the other hand, HUL, Tech Mahindra, IndusInd Bank and Nestle were the laggards.

Sensex surges 813 pts on Survey's growth projection

Sensex surges 813 pts on Survey's growth projection

Rediff.com31 Jan 2022

In the Sensex pack, major gainers were Tech Mahindra, Wipro, Bajaj Finserv, Infosys, SBI and PowerGrid. NSE Nifty rallied 237.90 points to 17,339

Markets gain for 2nd day; Sensex, Nifty climb nearly 1%

Markets gain for 2nd day; Sensex, Nifty climb nearly 1%

Rediff.com24 Jun 2022

Benchmark equity indices Sensex and Nifty rose by nearly 1 per cent on Friday, extending gains for a second day on the back of buying in banking, financials and energy stocks in line with firm global trends. The 30-share BSE Sensex advanced further by 462.26 points or 0.88 per cent to settle at 52,727.98. During the day, it rallied 644.15 points or 1.23 per cent to 52,909.87. The Nifty gained 142.60 points or 0.92 per cent to settle at 15,699.25.

Sensex sheds 361 points, Nifty closes below 17K

Sensex sheds 361 points, Nifty closes below 17K

Rediff.com20 Mar 2023

Among Sensex shares, Bajaj Finserv fell the most by 4.08 per cent. Bajaj Finance declined by 3.01 per cent, Tata Steel by 2.2 per cent, Wipro by 2.09 per cent, Tata Motors by 1.96 per cent, IndusInd Bank by 1.9 per cent, SBI by 1.75 per cent, Tech Mahindra by 1.66 per cent and HCL Tech by 1.2 per cent. TCS, Infosys, Power Grid, Maruti, Reliance, HDFC twins, L&T, M&M, NTPC and Ultratech Cement were also among the losers.

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.

Investors richer by over Rs 7.21 lakh cr in two days of market rally

Investors richer by over Rs 7.21 lakh cr in two days of market rally

Rediff.com9 Mar 2022

Equity investors became richer by over Rs 7.21 lakh crore as stock markets continued the rally for the second day on Wednesday. The 30-share BSE Sensex opened in the green on Wednesday and further jumped 1,469.64 points or 2.75 per cent to 54,893.73 during the day. It finally settled at 54,647.33, higher by 1,223.24 points or 2.29 per cent amid reports of diplomatic efforts to end Russia's attack on Ukraine. On Tuesday, it settled at 53,424.09, higher by 581.34 points or 1.10 per cent.

Sensex plunges 1,115 points; tech, bank stocks bleed

Sensex plunges 1,115 points; tech, bank stocks bleed

Rediff.com24 Sep 2020

IndusInd Bank was the top laggard, tumbling over 7 per cent, followed by Bajaj Finance, M&M, Tech Mahindra, TCS and Tata Steel.