News for 'SBI Research'

Bank rally helps Sensex zoom 1,030 points in extended trade

Bank rally helps Sensex zoom 1,030 points in extended trade

Rediff.com24 Feb 2021

Axis Bank was the top gainer in the Sensex pack, surging around 5 per cent, followed by HDFC twins, ICICI Bank, Bajaj Finance and SBI. NSE Nifty zoomed 274.20 points to end at 14,982.

Sensex rallies 375 pts tracking gains in index majors

Sensex rallies 375 pts tracking gains in index majors

Rediff.com22 Apr 2021

ICICI Bank was the top gainer in the Sensex pack, surging over 3 per cent, followed by HDFC, Bajaj Auto, HDFC Bank, SBI, Kotak Bank and Bajaj Finance. NSE Nifty jumped 109.75 points to 14,406.15.

Sensex soars past 52K; Nifty tops 15,300

Sensex soars past 52K; Nifty tops 15,300

Rediff.com15 Feb 2021

IndusInd Bank was the top gainer in the Sensex pack, rising around 2 per cent, followed by Axis Bank, HDFC, ICICI Bank, HDFC Bank, Kotak Bank and SBI. On the other hand, ONGC, Tech Mahindra, NTPC, Sun Pharma and TCS were among the laggards.

Financial, pharma stocks give Sensex a 359-point boost

Financial, pharma stocks give Sensex a 359-point boost

Rediff.com10 Jun 2021

On the Sensex chart, Bajaj Finance, Bajaj FinServ, SBI, IndusInd Bank, Dr Reddy's, Tech Mahindra, ITC and Kotak Bank were the prominent gainers - rising up to 7.29 per cent. NSE Nifty climbed 102.40 points to end at 15,737.75.

Will Oppn attack on govt over Adani issue paralyse Parliament this week too?

Will Oppn attack on govt over Adani issue paralyse Parliament this week too?

Rediff.com5 Feb 2023

Congress general secretary (communications) Jairam Ramesh said they will pose three questions a day to Prime Minister Narendra Modi over the issue.

Sensex plunges 634 points; Nifty cracks below 11,350

Sensex plunges 634 points; Nifty cracks below 11,350

Rediff.com4 Sep 2020

Axis Bank was the top loser in the Sensex pack, shedding over 4 per cent, followed by Tata Steel, SBI, NTPC, Bharti Airtel, ITC and ICICI Bank.

Sensex, Nifty end marginally lower; L&T rallies over 4%

Sensex, Nifty end marginally lower; L&T rallies over 4%

Rediff.com13 Aug 2020

Bharti Airtel was the top laggard in the Sensex pack, shedding over 2 per cent, followed by Sun Pharma, ITC, SBI, Axis Bank, HDFC twins and Nestle India.

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, Nifty advance on gains in IT, FMCG stocks

Sensex, Nifty advance on gains in IT, FMCG stocks

Rediff.com15 Nov 2021

Stock market barometers Sensex and Nifty ended marginally higher on Monday as rise in wholesale inflation capped early gains despite a positive trend in global markets. The 30-share index settled 32.02 points or 0.05 per cent higher at 60,718.71 with half of its constituents ending in green. The broad based Nifty edged up 6.70 points or 0.04 per cent to close at 18,109.45.

Sensex rallies 354 points as bank stocks soar

Sensex rallies 354 points as bank stocks soar

Rediff.com28 Aug 2020

IndusInd Bank was the top gainer in the Sensex pack, spurting over 8 per cent, followed by Axis Bank, ICIC Bank, Sun Pharma, SBI and Kotak Bank.

10 stocks from 5 sectors to stay on Ferris wheel

10 stocks from 5 sectors to stay on Ferris wheel

Rediff.com13 Oct 2022

India's equity markets are on a roller-coaster ride, after delivering spectacular returns for two consecutive years - in 2020 and 2021. The benchmark National Stock Exchange's (NSE's) Nifty50 is down 1.5 per cent in the first nine months of the current calendar year 2022 (CY22) as foreign portfolio investors sold Indian stocks due to rising bond yields in the US and across global markets, including India. The sell-off in the Indian equity markets has, however, not been broad-based and largely limited to sectors facing earnings headwinds from rising interest rates, lower commodity and energy prices, and likely economic recession in advanced economies.

Sensex rallies 409 points; Nifty tops 10,800-level

Sensex rallies 409 points; Nifty tops 10,800-level

Rediff.com9 Jul 2020

Bajaj Finance was the top gainer in the Sensex pack, spurting around 4 per cent, followed by SBI, Tata Steel, HDFC, Bajaj Finserv, HCL Tech and M&M. On the other hand, ONGC, Tech Mahindra, TCS, HUL and Maruti were among the laggards.

Sensex plunges 1,190 pts; its lowest in 4 months

Sensex plunges 1,190 pts; its lowest in 4 months

Rediff.com20 Dec 2021

Tata Steel was the top loser in the Sensex pack, sinking over 5 per cent, followed by SBI, IndusInd Bank, Bajaj Finance, HDFC Bank and NTPC. NSE Nifty tanked 371 points to 16,614.20.

Banks' bottom line improves as bad loans continue to fall

Banks' bottom line improves as bad loans continue to fall

Rediff.com16 Feb 2022

Commercial banks in the country continued with their improving asset quality trend in the October-December 2021 quarter with slippages remaining under control coupled with healthy recoveries and upgradation of asset classification. The 28-listed banks reported improvement in bottom line with net profits rising 64.1 per cent year-on-year (YoY) and 21.5 per cent sequentially. This is mostly on account of a fall in provisions and contingencies.

Sensex sinks 486 pts led by losses in index majors

Sensex sinks 486 pts led by losses in index majors

Rediff.com8 Jul 2021

Tata Steel was the top loser in the Sensex pack, shedding over 2 per cent, followed by Sun Pharma, ICICI Bank, SBI, Kotak Bank and Dr Reddy's. NSE Nifty dropped 151.75 points to 15,727.90.

Sensex ends 98 points lower; IT stocks shine

Sensex ends 98 points lower; IT stocks shine

Rediff.com14 Sep 2020

Bharti Airtel was the top loser in the Sensex pack, falling over 3 per cent, followed by Bajaj Finance, PowerGrid, SBI, HDFC Bank and Sun Pharma. HCL Tech was the top gainer, rallying around 10 per cent. TCS, Infosys, Tech Mahindra and Titan too ended with up to 5 per cent gains.

Rupee edges closer to 80-mark, slides 18 paise to 79.99 vs dollar

Rupee edges closer to 80-mark, slides 18 paise to 79.99 vs dollar

Rediff.com14 Jul 2022

The rupee appreciated 7 paise to 79.74 against the US dollar in early trade on Thursday as a positive trend in domestic equities supported the local unit. However, a strong American currency overseas and forex outflows restricted the rupee's gain, dealers said. At the interbank foreign exchange, the rupee opened at 79.72 against the American dollar, then went lower to trade at 79.74 against the greenback in early deals, registering a gain of 7 paise over the last close.

Sensex tumbles 335 pts; Nifty gives up 11,150

Sensex tumbles 335 pts; Nifty gives up 11,150

Rediff.com30 Jul 2020

IndusInd Bank was the top laggard in the Sensex pack, falling over 5 per cent, followed by HDFC, Axis Bank, PowerGrid, SBI, Bajaj Finserv and Bharti Airtel.

Investor wealth erodes by over Rs 3.27 lakh crore as markets tumble

Investor wealth erodes by over Rs 3.27 lakh crore as markets tumble

Rediff.com24 Mar 2021

Investor wealth on Wednesday tumbled over Rs 3.27 lakh crore as markets witnessed massive selling pressure amid rising coronavirus cases in the country. The BSE benchmark index plunged 871.13 points or 1.74 per cent to close at 49,180.31. During the day, it declined 931.1 points to 49,120.34. Following the weak trend, the market capitalisation of BSE-listed companies tumbled Rs 3,27,967.71 crore to reach Rs 2,02,48,094.19 crore at the close of trade.

Sensex rallies 307 points; NSE above 10K mark

Sensex rallies 307 points; NSE above 10K mark

Rediff.com5 Jun 2020

SBI was the top gainer in the Sensex pack, surging around 8 per cent. Tata Steel, Bajaj Finance, HDFC Bank, NTPC, Axis Bank and ICICI Bank also ended with firm gains. On the other hand, TCS, HUL, Bajaj Auto and Infosys were among the laggards.

A Regular SIP Doesn't Pinch

A Regular SIP Doesn't Pinch

Rediff.com17 Sep 2022

The SIP route suits the salaried class, by matching their income flows with investment frequency.

Selling in index majors drag Sensex down 471 pts

Selling in index majors drag Sensex down 471 pts

Rediff.com12 May 2021

IndusInd Bank was the top loser in the Sensex pack, shedding over 3 per cent, followed by HUL, ONGC, ICICI Bank, Axis Bank, Kotak Bank, M&M and Tech Mahindra. NSE Nifty tumbled 154.25 points to 14,696.50.

Sensex surges 269 pts; Reliance hits lifetime high

Sensex surges 269 pts; Reliance hits lifetime high

Rediff.com23 Jul 2020

Shares of Reliance Industries climbed around 3 per cent to hit a record closing high of Rs 2,060.65. SBI, ICICI Bank, Tech Mahindra, ITC and Kotak Bank were among the other winners. NSE Nifty advanced 82.85 points, or 0.74 per cent, to close at 11,215.45.

Sensex ends 70 points higher; Airtel rallies 8%

Sensex ends 70 points higher; Airtel rallies 8%

Rediff.com15 Nov 2019

Other gainers included SBI, Kotak Bank, Sun Pharma, Tata Motors, M&M and Tata Steel, rising up to 5.19 per cent.

Sensex catches global 'flu'; ends in red for 5th day

Sensex catches global 'flu'; ends in red for 5th day

Rediff.com27 Feb 2020

ONGC was the top loser in the Sensex pack, followed by HCL Tech, SBI, ICICI Bank, IndusInd Bank, Hero MotoCorp and M&M.

Sensex ends 195 pts higher; Nifty tops 12,900

Sensex ends 195 pts higher; Nifty tops 12,900

Rediff.com23 Nov 2020

ONGC was the top gainer in the Sensex pack, surging around 7 per cent, followed by IndusInd Bank, Infosys, Tech Mahindra, Reliance Industries, HCL Tech and TCS. On the other hand, HDFC, ICICI Bank, Axis Bank, SBI and M&M were among the laggards.

Sensex, Nifty end flat; IT stocks gain

Sensex, Nifty end flat; IT stocks gain

Rediff.com11 Sep 2020

SBI was the top gainer in the Sensex pack, spurting over 2 per cent, followed by TCS, Tech Mahindra, HUL, Bajaj Finance, Kotak Bank and Titan. On the other hand, IndusInd Bank, PowerGrid, Bharti Airtel, Asian Paints and HDFC Bank were among the laggards.

Markets decline nearly 1%; Sensex sinks 537 points

Markets decline nearly 1%; Sensex sinks 537 points

Rediff.com27 Apr 2022

Benchmark stock indices Sensex and Nifty tumbled nearly 1 per cent on Wednesday due to profit booking in banking, financial and IT stocks after a recent rally. The 30-share BSE Sensex plunged 537.22 points or 0.94 per cent to end at 56,819.39 as 24 of its stocks declined. During the day, it tanked 772.57 points or 1.34 per cent to touch a low of 56,584.04. The broader NSE Nifty declined by 162.40 points or 0.94 per cent to 17,038.40 with 39 of its constituents ending in the red. Bajaj Finance was the biggest loser among Sensex stocks, dropping by 7.24 per cent.

Reliance top Indian firm in World's Best Employer list

Reliance top Indian firm in World's Best Employer list

Rediff.com14 Oct 2021

Reliance Industries Ltd, the country's largest company by revenues, profits and market value, has topped Indian corporate in the World's Best Employers rankings 2021 published by Forbes. Reliance was placed at 52 in the overall ranking of 750 global corporates likes Phillips, Sanofi, Pfizer and Intel. Other Indian names in the top 100 rankings were ICICI Bank at 65, HDFC Bank at 77 and HCL Technologies at 90, according to the Forbes ranking.

Sensex sinks 709 pts on global selloff; Nifty closes below 10k

Sensex sinks 709 pts on global selloff; Nifty closes below 10k

Rediff.com11 Jun 2020

SBI was the top laggard in the Sensex pack, dropping over 5 per cent, followed by Sun Pharma, Maruti, Bajaj Finance, Tata Steel, Axis Bank and ICICI Bank. On the other hand, IndusInd Bank, Hero MotoCorp and PowerGrid were among the gainers.

Covid fears weigh down markets, Sensex up by 41 pts

Covid fears weigh down markets, Sensex up by 41 pts

Rediff.com14 May 2021

Equity benchmark Sensex ended marginally higher after a choppy session on Friday as concerns over the economic impact of the second wave of Covid-19 and pace of vaccination weighed on investor sentiment.

'All my stocks are crashing. Hold them?'

'All my stocks are crashing. Hold them?'

Rediff.com3 Mar 2022

Ajit Mishra, vice president, research, Religare Broking, answers your queries.

IPO Is Right Time For LIC To Take Hard Decisions

IPO Is Right Time For LIC To Take Hard Decisions

Rediff.com2 Mar 2022

LIC identifies the problems well, but what the markets will watch is how nimble it is with the solutions.

Sensex rallies 377 points; Kotak Bank zooms 12%

Sensex rallies 377 points; Kotak Bank zooms 12%

Rediff.com27 Oct 2020

Other gainers included Nestle India, Asian Paints, Bajaj Finance, NTPC, L&T, Axis Bank and Bajaj Auto. On the other hand, TCS, ONGC, Infosys, HDFC and SBI were among the laggards. NSE Nifty surged 121.65 points or 1.03 per cent to 11,889.40.

Sensex plunges over 1,300 points from day's high; ends 173 pts lower

Sensex plunges over 1,300 points from day's high; ends 173 pts lower

Rediff.com8 Apr 2020

TCS was the top loser in the Sensex pack, falling over 3 per cent, followed by Titan, ICICI Bank, SBI, ITC and Bharti Airtel. On the other hand, Sun Pharma, NTPC, IndusInd Bank and Bajaj Finance were among the top gainers.

Mcap of BSE-listed firms touches all-time high of Rs 261.73 lakh cr

Mcap of BSE-listed firms touches all-time high of Rs 261.73 lakh cr

Rediff.com23 Sep 2021

The market capitalisation of BSE-listed companies reached an all-time high of Rs 261.73 lakh crore on Thursday, helped by a massive rally in the equities where the benchmark Sensex zoomed 958 points to end at a fresh lifetime peak. The 30-share BSE benchmark jumped 958.03 points or 1.63 per cent to settle at its new closing peak of 59,885.36. During the day, it gained 1,029.92 points to touch an intra-day record high of 59,957.25.

2022: Be Choosy About Stocks

2022: Be Choosy About Stocks

Rediff.com11 Jan 2022

So which sectors are likely to do well in 2022? Should you focus on domestic economy-related sectors or export-oriented ones?

Sensex drops 273 pts on sell-off in pharma, bank stocks

Sensex drops 273 pts on sell-off in pharma, bank stocks

Rediff.com27 Jul 2021

Equity benchmark Sensex tumbled over 273 points on Tuesday, tracking losses in index majors Reliance Industries, Dr Reddy's and Axis Bank amid a massive selloff in Chinese markets. Despite opening on a positive note, the 30-share BSE index turned red to end 273.51 points or 0.52 per cent lower at 52,578.76, while the broader NSE Nifty fell 78 points or 0.49 per cent to 15,746.45. Dr Reddy's was the top loser in the Sensex pack, plunging over 10 per cent, after the company reported s 36 per cent decline in consolidated net profit at Rs 380.4 crore for the quarter ended June 30, 2021, on account of higher expenses.

Sensex rallies 606 points, Nifty reclaims 9,500

Sensex rallies 606 points, Nifty reclaims 9,500

Rediff.com29 Apr 2020

HDFC was the top gainer in the Sensex pack, rallying over 7 per cent, followed by HCL Tech, M&M, HDFC Bank, Tata Steel, SBI, Bajaj Finance and Infosys. On the other hand, Axis Bank, Asian Paints, HUL, Titan and IndusInd Bank were among the laggards.

Investors richer by over Rs 5.78 lakh cr in two days

Investors richer by over Rs 5.78 lakh cr in two days

Rediff.com18 May 2021

Investors' wealth zoomed by Rs 5,78,634.72 crore in two days of intense market rally, with participants adding Rs 2,74,908.83 crore to their fortune on Tuesday. Over the past two sessions, the BSE gauge Sensex has gained about 1,461 points or 2.99 per cent. The benchmark rallied 612.60 points or 1.24 per cent to settle above the 50,000-mark on Tuesday. Following the two-day massive rallies, the market capitalisation of BSE-listed companies jumped by Rs 5,78,634.72 crore to a record Rs 2,16,39,367.91 crore on Tuesday.