News for 'Vinod Nair'

Markets close on mixed note; Sensex slides, Nifty gains

Markets close on mixed note; Sensex slides, Nifty gains

Rediff.com5 Jul 2023

Equity benchmark indices ended flat on Wednesday with Sensex sliding 33 points and Nifty gaining 9 points after an unabated record-breaking rally in the last few trading sessions. Weak global market trends and fall in HDFC twins also spoiled markets party. The 30-share BSE Sensex dipped 33.01 points or 0.05 per cent to settle at 65,446.04.

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 pare early gains; Sensex sheds 241 points

Markets pare early gains; Sensex sheds 241 points

Rediff.com22 Dec 2022

From the Sensex pack, Mahindra & Mahindra, Bajaj Finserv, IndusInd Bank, Tata Motors, Tata Steel, Larsen & Toubro, Axis Bank and NTPC were among the major laggards. UltraTech Cement, Infosys, Asian Paints, Kotak Mahindra Bank, Sun Pharma and Bharti Airtel were the winners.

Markets rally over 1%; Sensex jumps 632 points

Markets rally over 1%; Sensex jumps 632 points

Rediff.com27 May 2022

Equity markets extended their rally on Friday, with the Sensex and Nifty jumping over 1 per cent each, in tandem with a positive trend in global equities. Buying in Infosys and banking counters helped markets maintain their winning run. The 30-share BSE Sensex rallied 632.13 points or 1.17 per cent to settle at 54,884.66.

Investors poorer by over Rs 6.18 lakh crore

Investors poorer by over Rs 6.18 lakh crore

Rediff.com16 Sep 2022

Investors have become poorer by over Rs 6.18 lakh crore as markets took a heavy beating on Friday. The 30-share BSE Sensex tanked 1,093.22 points or 1.82 per cent to settle at 58,840.79. During the day, it tumbled 1,246.84 points or 2 per cent to 58,687.17.

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 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.

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.

Sensex, Nifty log longest losing run in 5 months

Sensex, Nifty log longest losing run in 5 months

Rediff.com27 Feb 2023

Benchmark indices Sensex and Nifty slid for a seventh straight session on Monday, logging their longest losing run in the past five months, following a bearish trend in global markets amid concerns over aggressive rate hikes by developed economies. Fresh foreign fund outflows and losses in IT, auto and oil stocks also dented investor sentiments. The BSE Sensex declined by 175.58 points or 0.30 per cent to close at 59,288.35 with 17 of its shares posting losses.

Why markets are likely to be volatile this week

Why markets are likely to be volatile this week

Rediff.com26 Dec 2021

Stock markets are expected to see volatility this week due to potential risk from Omicron variant and monthly derivatives expiry, say analysts. "Markets will continue to see volatility and whipsaw-like movements as they respond to Omicron-related development and the monthly expiry," said Yesha Shah, head of equity research, Samco Securities. Ajit Mishra, VP - Research, Religare Broking Ltd said, "Markets are closely eyeing the COVID situation and any positive news could only help the index to make any sustainable up move else volatility will continue."

RIL, ICICI Bank, L&T lift Sensex by 612 points

RIL, ICICI Bank, L&T lift Sensex by 612 points

Rediff.com22 Dec 2021

Bajaj Finance was the top gainer in the Sensex pack, rising around 3 per cent, followed by Bharti Airtel, Sun Pharma, Reliance Industries and SBI. NSE Nifty advanced 184.60 points to 16,955.45.

Investors' wealth plunges Rs 8.30 lakh crore in 6 trading sessions

Investors' wealth plunges Rs 8.30 lakh crore in 6 trading sessions

Rediff.com24 Feb 2023

Stock market investors became poorer by Rs 8.30 lakh crore as equities continued their slide for the sixth consecutive day on Friday. The BSE Sensex has tumbled 1,855.58 points or 3 per cent since February 16. During this period, the combined market capitalisation of BSE-listed firms has tanked Rs 8,30,322.61 crore to reach Rs 2,60,00,662.99 crore. "The domestic market is broadly demonstrating a lack of confidence, registering its sixth consecutive day of losses despite global markets turning green.

Sensex gains 345 points at close; FMCG, auto shares shine

Sensex gains 345 points at close; FMCG, auto shares shine

Rediff.com15 Jul 2022

Benchmark BSE Sensex rebounded by 344 points while Nifty closed above the 16,000 level in choppy trade on Friday, snapping the four-day falling streak on renewed buying interest from foreign funds and firm global trends. The 30-share BSE barometer climbed 344.63 points or 0.65 per cent to settle at 53,760.78. During the day, it jumped 395.22 points or 0.73 per cent to 53,811.37.

Sensex tanks 928 points to close at 3-week low

Sensex tanks 928 points to close at 3-week low

Rediff.com22 Feb 2023

From the Sensex pack, Bajaj Finance, Bajaj Finserv, Reliance Industries, Wipro, HDFC Bank, HDFC, ICICI Bank and Tata Steel were the major laggards. ITC was the lone winner in the Sensex pack.

Sensex reclaims 60K-mark, Nifty rises 120 points

Sensex reclaims 60K-mark, Nifty rises 120 points

Rediff.com24 Apr 2023

Among the Sensex firms, Wipro, Axis Bank, Titan, UltraTech Cement and HDFC Bank, HDFC, HCL Tech and Reliance were the gainers.

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.

Sensex extends gains; ends 157 pts higher

Sensex extends gains; ends 157 pts higher

Rediff.com9 Dec 2021

ITC was the top gainer in the Sensex pack, rising around 5 per cent, followed by L&T, Asian Paints, Reliance Industries, M&M, Bajaj Finance and Infosys. NSE Nifty rose 47.10 points to 17,516.85.

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.

Nifty scales Mount 20K, Sensex regains 67,000

Nifty scales Mount 20K, Sensex regains 67,000

Rediff.com11 Sep 2023

Among the Sensex firms, Axis Bank, Power Grid, Maruti, State Bank of India, Tata Motors, ITC, Nestle and Mahindra & Mahindra were the major gainers. Bajaj Finance and Larsen & Toubro were the laggards.

How the markets are likely to fare this week

How the markets are likely to fare this week

Rediff.com20 Nov 2022

With no major domestic market-moving event scheduled this week, stock market investors would largely focus on global trends and foreign fund movement, and may face volatility amid monthly derivatives expiry, analysts said. This week Federal Open Market Committee (FOMC) meeting minutes are due for release which would provide further cues to the market, Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd, said. "With all major events behind us, participants will take cues from global markets, crude and currency market movement.

Sensex, Nifty edge lower in choppy trade

Sensex, Nifty edge lower in choppy trade

Rediff.com21 Feb 2023

From the Sensex pack, Tata Motors, Sun Pharma, Wipro, Tata Consultancy Services, UltraTech Cement, Tech Mahindra, Bajaj Finserv, HCL Technologies, Infosys and IndusInd Bank were the major laggards. NTPC, Power Grid, Reliance Industries, Tata Steel, HDFC and HDFC Bank were the major winners.

Sensex surges 302 points to new closing high of 67,097

Sensex surges 302 points to new closing high of 67,097

Rediff.com19 Jul 2023

From the Sensex pack, NTPC, Bajaj Finance, IndusInd Bank, UltraTech Cement, Bajaj Finserv, State Bank of India, Tata Motors, ITC, Power Grid and Larsen & Toubro were the biggest gainers. IndusInd Bank climbed 2 per cent after the company on Tuesday reported a 30 per cent jump in consolidated net profit in April-June quarter at Rs 2,124.50 crore, helped by core income growth and lower bad loan provisions.

Sensex snaps 4-day rally, falls 346 pts; Nifty down 99 pts

Sensex snaps 4-day rally, falls 346 pts; Nifty down 99 pts

Rediff.com31 May 2023

Benchmark stock indices Sensex and Nifty cut short their four-day gaining streak to close lower by half a per cent on Wednesday due to profit-taking in banking oil and metal stocks amid weak trends in global markets.

Sensex, Nifty end in red on profit booking

Sensex, Nifty end in red on profit booking

Rediff.com4 Aug 2022

Equity benchmarks snapped their six-session rally to close marginally lower on Thursday amid profit booking in banking and energy counters. Investors also stayed on the sidelines ahead of the RBI's policy meet outcome on Friday. In choppy trade, the 30-share BSE Sensex ended 51.73 points or 0.09 per cent lower at 58,298.80. During the day, it hit a low of 57,577.05 and a high of 58,712.66.

Sensex, Nifty tank 1% on selling in financial, oil, IT shares

Sensex, Nifty tank 1% on selling in financial, oil, IT shares

Rediff.com25 Jan 2023

Among Sensex stocks, SBI, IndusInd Bank, HDFC Bank, Axis Bank, HDFC, Tech Mahindra, ICICI Bank, Ultratech Cement, L&T, Bajaj Finserv, Reliance, HCL Tech, Asian Paints, Wipro and M&M were the major losers. On the other hand, HUL advanced the most by 1.14 per cent. Maruti, Tata Steel, NTPC and Sun Pharma also posted gains.

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.

Index heavyweights pull Sensex down by 109 points

Index heavyweights pull Sensex down by 109 points

Rediff.com2 Nov 2021

Tata Steel was the top loser in the Sensex pack, shedding around 3 per cent, followed by Tech Mahindra, HCL Tech, IndusInd Bank and Reliance Industries. NSE Nifty fell by 40.70 points to 17,888.95.

Markets rally for 2nd day; Sensex jumps 1,041 points

Markets rally for 2nd day; Sensex jumps 1,041 points

Rediff.com28 Jul 2022

Benchmark indices rallied on Thursday with the Sensex and Nifty climbing nearly 2 per cent, helped by heavy buying in Bajaj Finance shares amid a mixed trend in the global equity markets. The 30-share BSE benchmark jumped 1,041.47 points or 1.87 per cent to settle at 56,857.79. During the day, it rallied 1,097.9 points or 1.96 per cent to 56,914.22. The broader NSE Nifty advanced 287.80 points or 1.73 per cent to 16,929.60.

Sensex climbs 284 points to settle at 55,682

Sensex climbs 284 points to settle at 55,682

Rediff.com21 Jul 2022

Benchmark indices bounced back after falling in early trade on Thursday and logged the fifth day of gain amid a decline in crude oil prices and foreign funds inflow. The 30-share BSE Sensex climbed 284.42 points or 0.51 per cent to settle at 55,681.95. During the day, it jumped 340.96 points or 0.61 per cent to 55,738.49. The broader NSE Nifty went higher by 84.40 points or 0.51 per cent to 16,605.25.

Sensex snaps 3-day losing run, climbs 298 points

Sensex snaps 3-day losing run, climbs 298 points

Rediff.com19 May 2023

Among the Sensex firms, Tata Motors jumped over 3 per cent. Tech Mahindra, Infosys, HCL Technologies, Axis Bank, Mahindra & Mahindra, ICICI Bank, UltraTech Cement and Kotak Mahindra Bank were the other major gainers. NTPC, Asian Paints, Titan and Power Grid were among the laggards.

Sensex tanks 505 points on profit booking

Sensex tanks 505 points on profit booking

Rediff.com7 Jul 2023

Among major Sensex shares, PowerGrid fell the most by 2.76 per cent. IndusInd Bank dropped 2.34 per cent, HUL by 2.23 per cent and NTPC by 2.04 per cent. ICICI Bank, HDFC Bank, HDFC, ITC, Infosys, L&T, Bajaj Finance, Kotak Bank, HCL Tech and Tech Mahindra were among the losers. On the other hand, Tata Motors rose the most by 2.94 per cent, followed by Titan which gained 1.26 per cent. Mahindra & Mahindra, SBI and TCS were also among gainers.

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 ends above historic 65k mark; Nifty settles at record 19,322

Sensex ends above historic 65k mark; Nifty settles at record 19,322

Rediff.com3 Jul 2023

From the Sensex pack, HDFC, HDFC Bank, Mahindra & Mahindra, UltraTech Cement, Tata Steel, Bajaj Finance, State Bank of India, Reliance Industries, Bajaj Finserv and ICICI Bank were the major gainers. Power Grid, Maruti, Tech Mahindra, IndusInd Bank, HCL Technologies and Axis Bank were among the laggards.

Investors richer by over Rs 8.58 lakh cr in 3 days

Investors richer by over Rs 8.58 lakh cr in 3 days

Rediff.com23 Dec 2021

Investors' wealth has soared by Rs 8,58,979.67 crore in three days of market rally, with domestic bourses climbing in tandem with global equities amid abating concerns over the economic impact of the Omicron variant. The 30-share BSE benchmark Sensex jumped 384.72 points or 0.68 per cent to close at 57,315.28 on Thursday. During the day, it gained 559.96 points to 57,490.52. In three days, the index has gained 1,493.27 points.

Sensex ends 107 points lower in choppy trade

Sensex ends 107 points lower in choppy trade

Rediff.com1 Feb 2024

Among the Sensex firms, Larsen & Toubro, UltraTech Cement, JSW Steel, Titan, Bajaj Finance, Wipro, Tech Mahindra and Nestle were the major laggards. Maruti, Power Grid, Axis Bank, State Bank of India, NTPC, HDFC Bank, ITC and IndusInd Bank were the gainers.

Sensex falls 111 points; RIL tumbles over 7%

Sensex falls 111 points; RIL tumbles over 7%

Rediff.com1 Jul 2022

Benchmark indices settled lower on Friday, with the Sensex declining 111 points on the back of a sharp fall in index heavyweight Reliance Industries. The BSE benchmark went lower by 111.01 points or 0.21 per cent to settle at 52,907.93. During the day, it tanked 924.69 points or 1.74 per cent to 52,094.25. The NSE Nifty dipped 28.20 points or 0.18 per cent to close at 15,752.05.

Markets rebound; Sensex surges 556 points

Markets rebound; Sensex surges 556 points

Rediff.com4 May 2023

From the Sensex firms, Bajaj Finance, HDFC, HDFC Bank, Bajaj Finserv, Asian Paint, State Bank of India, Tata Consultancy Services, Bharti Airtel, Reliance Industries and Tata Steel were the biggest gainers. HDFC climbed 2.59 per cent after the housing finance major on Thursday reported a 20 per cent growth in standalone net profit to Rs 4,425 crore for the quarter ending March 2023 on the back of higher interest income. IndusInd Bank, Nestle, Power Grid, ITC, Tata Motors and Mahindra & Mahindra were the major laggards.

Sensex zoomed 934 points to settle at 52,532

Sensex zoomed 934 points to settle at 52,532

Rediff.com21 Jun 2022

Benchmark indices advanced for the second straight session on Tuesday, with the Sensex and Nifty jumping nearly 2 per cent each, mirroring a rally in global equity markets. Buying in index majors Reliance Industries and IT stocks buoyed the benchmarks. The BSE Sensex zoomed 934.23 points or 1.81 per cent to settle at 52,532.07. During the day, it rallied 1,201.56 points or 2.32 per cent to 52,799.40. The NSE Nifty climbed 288.65 points or 1.88 per cent to finish at 15,638.80.

Recovery in markets makes investors richer by Rs 3.20 lakh cr

Recovery in markets makes investors richer by Rs 3.20 lakh cr

Rediff.com1 Mar 2023

Investors' wealth climbed Rs 3.20 lakh crore as markets staged a smart comeback on Wednesday after falling in the last eight trading sessions. The BSE Sensex rallied 448.96 points or 0.76 per cent to settle at 59,411.08. During the day, it jumped 513.33 points or 0.87 per cent to 59,475.45.

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.