News for 'Vinod Nair'

Sensex tumbles 724 points; bank stocks drag

Sensex tumbles 724 points; bank stocks drag

Rediff.com8 Feb 2024

Among the Sensex firms, ITC, Kotak Mahindra Bank, ICICI Bank, Nestle, Axis Bank, IndusInd Bank, UltraTech Cement, Bajaj Finance, Maruti and HDFC Bank were the major laggards.

A record-setting year; markets surged by up to 20%

A record-setting year; markets surged by up to 20%

Rediff.com29 Dec 2023

Among the Sensex firms, State Bank of India, Infosys, Titan, Tech Mahindra, IndusInd Bank, NTPC, ICICI Bank, Power Grid, Reliance Industries and Kotak Mahindra Bank were the major laggards. On the other hand, Tata Motors, Nestle, Hindustan Unilever, Tata Steel, Bajaj Finance and UltraTech Cement were among the gainers.

Sensex, Nifty decline after 2-day rally as US markets tumble

Sensex, Nifty decline after 2-day rally as US markets tumble

Rediff.com19 Jan 2023

Equity benchmarks declined on Thursday after a two-day rally, mirroring a weak trend in the US markets and fresh foreign fund outflows. Weak US consumer data and hawkish comments from the Fed's policymakers dragged markets lower. The 30-share BSE Sensex dropped 187.31 points or 0.31 per cent to settle at 60,858.43.

Telecom, auto, tech stocks help Sensex, Nifty hit fresh lifetime highs

Telecom, auto, tech stocks help Sensex, Nifty hit fresh lifetime highs

Rediff.com15 Sep 2023

Bharti Airtel was the biggest gainer in the Sensex pack, rising 2.37 per cent, followed by Mahindra & Mahindra, HCL Tech, Tata Motors, Tech Mahindra, HDFC Bank, Wipro, Tata Consultancy Services, Axis Bank and Nestle. Asian Paints, Hindustan Unilever, Bajaj Finserv and NTPC were among the laggards.

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.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com2 Apr 2023

RBI's interest rate decision, macroeconomic data and global trends would dictate terms in the equity market in a holiday-shortened week, analysts said. Besides, the focus will also be on foreign portfolio investors' trading activity, they added. Equity markets will remain closed on Tuesday for 'Mahavir Jayanti' and on Friday on account of 'Good Friday'.

M-cap of BSE-listed firms reach fresh peak of Rs 317.33 lakh crore

M-cap of BSE-listed firms reach fresh peak of Rs 317.33 lakh crore

Rediff.com6 Sep 2023

From the Sensex pack, Bharti Airtel, HDFC Bank, Titan, UltraTech Cement, ITC, Sun Pharma, Bajaj Finserv, Bajaj Finance, Hindustan Unilever and Kotak Mahindra Bank were among the major gainers. Tata Steel, Axis Bank, NTPC, ICICI Bank and IndusInd Bank were the major laggards.

Sensex ends down 284 points on foreign fund outflows

Sensex ends down 284 points on foreign fund outflows

Rediff.com1 Nov 2023

Among the Sensex firms, Asian Paints, Tata Steel, HCL Technologies, Nestle, Maruti, JSW Steel, NTPC and Larsen & Toubro were the major laggards. Sun Pharma, Bajaj Finserv, Reliance Industries, State Bank of India and Bharti Airtel were the gainers.

Markets pare early gains; Sensex down 142 points at close

Markets pare early gains; Sensex down 142 points at close

Rediff.com24 Feb 2023

In the Sensex pack, Mahindra & Mahindra, Tata Steel, Tata Motors, Maruti, Larsen & Toubro, HDFC, HDFC Bank, Tech Mahindra and Bharti Airtel were the major laggards. Asian Paints, Bajaj Finserv, Power Grid, Reliance Industries, NTPC and UltraTech Cement were among the gainers.

Sensex, Nifty rally over 1% to hit lifetime highs

Sensex, Nifty rally over 1% to hit lifetime highs

Rediff.com14 Dec 2023

Among the Sensex firms, Tech Mahindra, HCL Technologies, Wipro, Infosys, Bajaj Finance, Tata Consultancy Services, Bajaj Finserv and ICICI Bank were the major gainers. Power Grid, Nestle, Asian Paints and Hindustan Unilever were among the laggards.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com21 Jan 2024

Quarterly earnings, global trends and trading activity of foreign investors will drive stock markets in this holiday-shortened week, analysts said. It will be a trading holiday on January 22, with the Maharashtra government announcing a holiday in connection with the consecration of the Ram Temple in Ayodhya. Equity markets would also remain closed on Friday for Republic Day.

Markets in bear hug; weak global trends, crude prices weigh

Markets in bear hug; weak global trends, crude prices weigh

Rediff.com20 Oct 2023

Benchmark stock indices Sensex and Nifty fell for the third day running on Friday due to weak trends in global markets and soaring crude oil prices. Foreign fund outflows also weighed on investor sentiments amid strengthening US bond yields which are nearing 5 per cent for the first time since 2007. The 30-share BSE Sensex fell 231.62 points or 0.35 per cent to settle at 65,397.62.

Sensex zooms 467 points to settle at record closing high of 63,384.58

Sensex zooms 467 points to settle at record closing high of 63,384.58

Rediff.com16 Jun 2023

Bajaj Finserv was the biggest gainer in the Sensex pack, rising 2.21 per cent, followed by Titan, ITC, Kotak Mahindra Bank, HDFC Bank, HDFC, Bajaj Finance, IndusInd Bank, ICICI Bank, HUL, Reliance Industries and Mahindra & Mahindra. Wipro, Tata Consultancy Services, Power Grid and Tech Mahindra were the laggards.

Bulls on rampage! Sensex, Nifty hit record highs

Bulls on rampage! Sensex, Nifty hit record highs

Rediff.com6 Dec 2023

Among major Sensex movers, ITC rose the most by 1.70 per cent, Wipro by 1.43 per cent, Tech Mahindra by 1.36 per cent and Nestle India by 1.27 per cent. Other gainers included HCL Tech, Asian Paints and Reliance. On the other hand, ICICI Bank, NTPC, UltraTech Cement and Tata Steel traded with a loss of up to 0.82 per cent.

BSE, NSE close at record highs; Sensex breaches 69K

BSE, NSE close at record highs; Sensex breaches 69K

Rediff.com5 Dec 2023

Among the Sensex firms, Adani Enterprises and Adani Ports sustained their gaining momentum and traded higher by 4.40 per cent and 4.37 per cent, respectively. BPCL, Axis Bank, Mahindra & Mahindra and SBI were the other major gainers. On the other hand, HCL Tech, Infosys and Bajaj Auto traded in the negative zone with a loss of up to 1.54 per cent.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com20 Aug 2023

With the first quarter earnings season coming to an end, the domestic equity markets would be driven by global trends and trading activity of foreign investors this week, analysts said. The movement of global oil benchmark Brent crude and the rupee against the dollar would also drive trends in the market. "Macroeconomic indicators, trends in global stock markets and FII activities will be pivotal in shaping market trends in the coming days," Pravesh Gour, senior technical analyst at Swastika Investmart Ltd, said.

Sensex declines 51 points; Nifty settles flat

Sensex declines 51 points; Nifty settles flat

Rediff.com12 Dec 2022

The Sensex ended over 51 points lower on Monday while the Nifty settled flat amid a weak trend in global markets and continuous foreign fund outflows. Markets are awaiting the November inflation data to be announced later in the day, traders said. The 30-share BSE Sensex declined 51.10 points or 0.08 per cent to settle at 62,130.57. During the day, it tumbled 505.52 points or 0.81 per cent to 61,676.15. The broader NSE Nifty ended at 18,497.15, marginally higher by 0.55 points.

Nifty hits new peak, Sensex up 282 points

Nifty hits new peak, Sensex up 282 points

Rediff.com19 Feb 2024

Among Sensex shares, Bajaj Finserve, ICICI Bank, Bharti Airtel, Bajaj Finance, Sun Pharma, Maruti Suzuki, ITC, and Nestle were the lead gainers. On the other hand, L&T Wipro, IndusInd Bank and TCS and Tata Motors were the lead losers.

Nifty hits life-time high, Sensex jumps 493 points

Nifty hits life-time high, Sensex jumps 493 points

Rediff.com1 Dec 2023

Among the Sensex firms, ITC, NTPC, Axis Bank, Larsen & Toubro, Bajaj Finance, Asian Paints and Tata Steel were the major gainers. Mahindra & Mahindra, Wipro, Maruti, IndusInd Bank, Kotak Mahindra Bank and HDFC Bank were among the laggards.

IT stocks lift markets to new lifetime highs; Sensex soars 847 points

IT stocks lift markets to new lifetime highs; Sensex soars 847 points

Rediff.com12 Jan 2024

The other prominent gainers were Tech Mahindra, HCL Technologies, Wipro, State Bank of India and Larsen & Toubro. Bajaj Finserv, Power Grid, UltraTech Cement and HDFC Bank were among the laggards.

BSE, NSE end marginally lower amid weak global cues

BSE, NSE end marginally lower amid weak global cues

Rediff.com7 Oct 2022

Benchmark indices Sensex and Nifty closed marginally down in a volatile trade on Friday following profit booking in financials and IT shares amid a weak trend in global equity markets. Snapping its two-day gaining streak, the 30-share BSE Sensex declined 30.81 points or 0.05 per cent to settle at 58,191.29. During the day, it fell 370.95 points or 0.63 per cent to 57,851.15.

Bear attack makes investors poorer by Rs 31 lakh cr

Bear attack makes investors poorer by Rs 31 lakh cr

Rediff.com4 Jun 2024

Equity investors suffered a massive loss of Rs 31 lakh crore on Tuesday as markets went into a tailspin with the BSE Sensex tumbling nearly 6 per cent as vote counting trends showed the BJP may not have a clear majority in the Lok Sabha polls. Erasing the record-rally of the previous trade, the 30-share BSE Sensex cracked 4,389.73 points or 5.74 per cent to settle at 72,079.05. During the day, the benchmark tanked 6,234.35 points or 8.15 per cent to hit a nearly five-month low of 70,234.43.

Sensex, Nifty close marginally up in volatile trade

Sensex, Nifty close marginally up in volatile trade

Rediff.com2 Aug 2022

The benchmark BSE Sensex and Nifty closed marginally higher in a volatile trade on Tuesday as gains in FMCG, power and energy stocks helped the indices extend gains for a fifth straight day. The 30-share BSE benchmark ended 20.86 points or 0.04 per cent higher at 58,136.36 with 16 of its constituents ending in the red. During the day, it hit a high of 58,328.41 and a low of 57,744.70.

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 ends down 372 points; IT counters drag

Sensex ends down 372 points; IT counters drag

Rediff.com17 May 2023

Among the Sensex firms, Kotak Mahindra Bank, Asian Paints, Tata Consultancy Services, HCL Technologies, Infosys, Tata Steel, Wipro, Bajaj Finance, Tata Motors, Titan and Bajaj Finserv were the major laggards. In contrast, IndusInd Bank, ITC, Bharti Airtel, Maruti, UltraTech Cement, Mahindra & Mahindra and State Bank of India were the gainers.

HDFC twins, Reliance drag Sensex 413 points lower

HDFC twins, Reliance drag Sensex 413 points lower

Rediff.com16 May 2023

Among the Sensex firms, HDFC, HDFC Bank, Mahindra & Mahindra, Kotak Mahindra Bank, Bharti Airtel, Tata Motors, Reliance Industries and Maruti were the biggest laggards. Bajaj Finance, State Bank of India, NTPC, Hindustan Unilever, Titan, Infosys, Bajaj Finserv, Wipro, Asian Paints and Tata Consultancy Services were among the major gainers.

Sensex declines 317 points on weak global markets

Sensex declines 317 points on weak global markets

Rediff.com17 Feb 2023

Benchmark indices Sensex and Nifty closed down by half a per cent on Friday following losses in IT and banking shares amid overall weak global market trends. The BSE Sensex declined 316.94 points or 0.52 per cent to settle at 61,002.57. During the day, it fell 508.84 points or 0.82 per cent to 60,810.67.

Markets end marginally higher; Mahindra jumps 5.58%

Markets end marginally higher; Mahindra jumps 5.58%

Rediff.com16 Feb 2023

From the Sensex firms, Tech Mahindra jumped 5.58 per cent, followed by Nestle, Tata Steel, NTPC, Tata Consultancy Services, Asian Paints, Wipro and Bajaj Finserv. Mahindra & Mahindra, Hindustan Unilever, Axis Bank and Bajaj Finance were among the major laggards.

Covid situation in China, global trends to guide markets this week

Covid situation in China, global trends to guide markets this week

Rediff.com25 Dec 2022

Global trends and the Covid situation in China would drive the equity markets this week, which may also see volatility amid the scheduled derivatives expiry on Thursday, said analysts. According to analysts, investor sentiment remained subdued last week amid surging Covid cases in China and a few other nations. Also, stronger US growth data has cemented expectations of the Federal Reserve continuing with its hawkish stance, which added to the muted trend.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com17 Sep 2023

The US Federal Reserve's interest rate decision, global market trends and trading activity of foreign investors are the major factors that would dictate terms in the equity markets in a holiday-shortened week ahead, analysts said. Equity markets will remain closed on Tuesday on account of Ganesh Chaturthi. From the global front, interest rate decisions from the Bank of England and Bank of Japan would also influence market trends.

Sensex climbs 205 points to all-time closing high of 66,795

Sensex climbs 205 points to all-time closing high of 66,795

Rediff.com18 Jul 2023

From the Sensex pack, Infosys jumped the most by 3.67 per cent. Asian Paints, HCL Technologies, Reliance Industries, ICICI Bank, Wipro, NTPC, Tech Mahindra, Bajaj Finserv and Larsen & Toubro were among the other major gainers. State Bank of India, Bajaj Finance, Titan, Tata Steel, Tata Motors and UltraTech Cement were among the laggards.

Markets end in red; Sensex tanks 461 points

Markets end in red; Sensex tanks 461 points

Rediff.com16 Dec 2022

Equity benchmarks Sensex and Nifty declined nearly 1 per cent on Friday, in tandem with a weak trend in overseas markets amid hawkish tone of global central banks. The 30-share BSE Sensex fell 461.22 points or 0.75 per cent to settle at 61,337.81. During the day, it tumbled 506.5 points or 0.81 per cent to 61,292.53.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com4 Jun 2023

The Reserve Bank of India's interest rate decision, domestic macroeconomic data and global trends will dictate terms in the equity markets this week, analysts said. Trading activity of Foreign Portfolio Investors (FPIs) will also influence markets, they added. "The Indian market will be closely monitoring the Reserve Bank of India's Monetary Policy Committee (MPC) meeting scheduled for June 6-8, 2023. Aside from that, market participants will be keeping an eye on the progress of monsoon," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd.

Sensex, Nifty rebound on heavy buying in RIL

Sensex, Nifty rebound on heavy buying in RIL

Rediff.com10 Jul 2023

From the Sensex pack, Reliance Industries jumped the most by 3.78 per cent. Tata Steel, Bharti Airtel, IndusInd Bank, Kotak Mahindra Bank, UltraTech Cement, ICICI Bank and Tata Motors were the other biggest gainers. Titan, HCL Technologies, Power Grid, Tata Consultancy Services, Wipro, Hindustan Unilever, Axis Bank and Nestle were among the major laggards.

Sensex climbs 349 points; Nifty nears 18K

Sensex climbs 349 points; Nifty nears 18K

Rediff.com27 Apr 2023

From the Sensex firms, Bajaj Finance, Bajaj Finserv, Infosys, Bharti Airtel, Kotak Mahindra Bank, Larsen & Toubro, Mahindra & Mahindra, ITC, Tech Mahindra, Tata Steel, Tata Motors, Titan, Reliance Industries and Nestle were the major winners. Hindustan Unilever, Power Grid, Axis Bank, Tata Consultancy Services, State Bank of India, Asian Paints and Wipro were the laggards.

Sensex slips 29 points, Nifty ends in green

Sensex slips 29 points, Nifty ends in green

Rediff.com25 Jul 2023

From the Sensex pack, JSW Steel, Tata Steel, NTPC and UltraTech Cement emerged as major winners, closing the day with a gain of up to 3.33 per cent. On the other hand, Asian Paints, ITC, L&T and SBI were the laggards, ending the session up to 3.95 per cent lower. Of the 30 Sensex stocks, 14 closed the day in green, while on the 50-stock index Nifty 25 scrips ended with gains.

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.

Bloodbath on the bourses: Sensex tanks 1,628 pts

Bloodbath on the bourses: Sensex tanks 1,628 pts

Rediff.com17 Jan 2024

Axis Bank, Tata Steel, Kotak Mahindra Bank, ICICI Bank, Tata Motors, and Bajaj Finance were among the other major laggards. Tata Consultancy Services, Reliance Industries, UltraTech Cement, Infosys, HCL Technologies, and Tech Mahindra were among the gainers.

Sensex, Nifty end flat in volatile trading

Sensex, Nifty end flat in volatile trading

Rediff.com21 Apr 2023

Among the Sensex firms, ITC, Tata Consultancy Services, Wipro, Asian Paints, HCL Technologies, HDFC, Kotak Mahindra Bank, Bajaj Finance, Infosys, Sun Pharma, Hindustan Unilever, Power Grid, Reliance Industries and HDFC Bank were the winners. HCL Technologies climbed 1 per cent after the company on Thursday posted a 10.85 per cent increase in consolidated net profit to Rs 3,983 crore for the fourth quarter of 2022-23. Tech Mahindra, Maruti, Tata Steel, UltraTech Cement, Tata Motors and ICICI Bank were among the laggards.

Sensex hits 63K for first time; Nifty ends at fresh high

Sensex hits 63K for first time; Nifty ends at fresh high

Rediff.com30 Nov 2022

Benchmark BSE Sensex settled above the 63,000-level for the first time on Wednesday, extending its winning momentum to seventh day amid a largely positive trend in global markets and continuous foreign fund inflows.