News for 'Vinod Nair'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com2 Jul 2023

The domestic equity market, which is on a record-breaking spree, will focus on macroeconomic data announcements, movement in global stocks and the US Fed minutes to get further direction, analysts said. Trading activity of Foreign Institutional Investors (FIIs) will also innfluence investors.From the domestic macroeconomic front, Purchasing Managers' Index (PMI) data for the manufacturing sector will be released on Monday, and that o,f the services sector on Wednesday. Investors, this week, will keenly watch major global market events, icluding the outcome of the Federal Open Market Committee (FOMC) minutes, scheduled to be out on Wednesday.

Investors become poorer by Rs 5.78 lakh cr in two days of market fall

Investors become poorer by Rs 5.78 lakh cr in two days of market fall

Rediff.com16 Dec 2022

Investors' wealth tumbled over Rs 5.78 lakh crore in two days of market fall amid a weak trend in global markets after a host of central banks hiked interest rates and gave hawkish commentary. The 30-share BSE Sensex declined 461.22 points or 0.75 per cent to settle at 61,337.81 on Friday. In the previous trade, the BSE benchmark had tanked 878.88 points or 1.40 per cent to settle at 61,799.03.

Selling in oil, banking & IT shares drag markets down

Selling in oil, banking & IT shares drag markets down

Rediff.com13 Jul 2022

Benchmark equity indices Sensex and Nifty reversed their early gains to close lower on Wednesday due to selling in oil & gas, banking and IT stocks amid weak trends in European markets. The 30-share BSE Sensex declined by 372.46 points or 0.69 per cent to close at 53,514.15, extending its falling streak to a third day. The index opened higher and touched the day's high of 54,211.22 amid gains in Asian markets.

IPL 2025 Auction: 182 players sold; Rs 639.15 crore spent!

IPL 2025 Auction: 182 players sold; Rs 639.15 crore spent!

Rediff.com25 Nov 2024

The complete list of players sold in the IPL 2025 Auction in Jeddah.

Sensex falls 87 points on selling in IT counters

Sensex falls 87 points on selling in IT counters

Rediff.com11 Jul 2022

Benchmark indices turned highly volatile in the last hour of trade on Monday, with the Sensex falling 86.61 points after three days of gain amid heavy selling in IT counters and weak trends in global markets. The 30-share BSE benchmark declined 86.61 points or 0.16 per cent to settle at 54,395.23. During the day, it fell by 391.31 points or 0.71 per cent to 54,090.53.

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.

Investor wealth jumps over Rs 16.70 lakh cr in 6 days

Investor wealth jumps over Rs 16.70 lakh cr in 6 days

Rediff.com8 Feb 2021

Investor wealth has jumped over Rs 16.70 lakh crore as markets extended its winning streak to the sixth session on Monday. The BSE benchmark Sensex rallied 617.14 points or 1.22 per cent to close above the 51,000-mark for the first time on Monday. During the day, the benchmark index jumped to its all-time high of 51,523.38.

Sensex, Nifty close marginally higher in range-bound trade

Sensex, Nifty close marginally higher in range-bound trade

Rediff.com12 Jun 2023

From the Sensex pack, Infosys, HCL Technologies, Infosys, NTPC, Mahindra & Mahindra, Tata Consultancy Services, Nestle, Tech Mahindra and Bajaj Finance were the major gainers. Power Grid, Larsen & Toubro, Maruti, Titan, HDFC Bank, Wipro, HDFC and ITC were among the laggards.

Investor wealth zooms Rs 3.41 lakh cr as markets witness massive buying

Investor wealth zooms Rs 3.41 lakh cr as markets witness massive buying

Rediff.com19 Jan 2021

Investor wealth grew by Rs 3.41 lakh crore on Tuesday as markets made a dashing comeback after two days of losses. The 30-share BSE Sensex soared 834.02 points or 1.72 per cent to close at 49,398.29. Following the upbeat sentiment, the market capitalisation of BSE-listed companies jumped Rs 341,846.01 crore to Rs 1,96,19,149.34 crore.

Sensex zooms 569 points to fresh record

Sensex zooms 569 points to fresh record

Rediff.com14 Oct 2021

ITC was the top gainer in the Sensex pack, rising around 3 per cent, followed by HDFC Bank, PowerGrid, ICICI Bank, IndusInd Bank and NTPC. Nifty surged 176.80 points to a new lifetime closing high of 18,338.55.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com25 Sep 2022

The domestic stock market may face volatility amid the monthly derivatives expiry scheduled this week, while investors would mainly await the outcome of RBI's interest rate decision on Friday, said analysts. Global market movement would also continue to drive sentiment amid a bearish trend recently following rate hikes by the US Federal Reserve and other central banks. The Reserve Bank of India (RBI) may take cues from its global counterparts to raise interest rate for the fourth time in a row to control inflation.

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.

Markets halt 3-day rally; Sensex falls 359 points

Markets halt 3-day rally; Sensex falls 359 points

Rediff.com31 May 2022

Equity benchmarks declined on Tuesday after a three-day rally, with the Sensex falling 359.33 points amid selling in index majors HDFC, Reliance Industries and Infosys. Investors were cautious ahead of release of GDP data, while a jump in crude oil prices also weighed on market sentiment, traders said. The 30-share BSE Sensex went lower by 359.33 points or 0.64 per cent to settle at 55,566.41.

Sensex slumps 520 points after 9-day rally, Infy down 9 pc

Sensex slumps 520 points after 9-day rally, Infy down 9 pc

Rediff.com17 Apr 2023

Equity benchmark indices Sensex and Nifty buckled under selling pressure after a nine-session rally on Monday, as massive sell-off in IT, tech and telecom counters unnerved investors.

Sensex soars 777 pts tracking gains in index majors

Sensex soars 777 pts tracking gains in index majors

Rediff.com2 Dec 2021

HDFC was the top gainer in the Sensex pack, climbing nearly 4 per cent, followed by PowerGrid, Sun Pharma, Tata Steel, Tech Mahindra and Bajaj Finserv. NSE Nifty surged 234.75 points to 17,401.65.

Sensex up 38 points; bank stocks shine

Sensex up 38 points; bank stocks shine

Rediff.com13 Apr 2023

Benchmark equity indices Sensex and Nifty ticked higher for the ninth straight session on Thursday, buoyed by fag-end buying in banking, financial and realty stocks amid encouraging domestic retail inflation data. Weak trends in IT counters and fall in the overnight US equity markets triggered by fresh concerns over recession, however, put a check on market's uptrend. In a largely subdued session, the 30-share BSE Sensex went up marginally by 38.23 points or 0.06 per cent to settle at 60,431.

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 surges 226 points to end at record high

Sensex surges 226 points to end at record high

Rediff.com25 Jun 2021

Tata Steel was the top gainer in the Sensex pack, rising over 4 per cent, followed by Axis Bank, SBI, ICICI Bank, Bajaj Finserv, L&T and Maruti. NSE Nifty advanced 69.90 points to 15,860.35.

Sensex succumbs to late sell-off, ends 77 pts lower

Sensex succumbs to late sell-off, ends 77 pts lower

Rediff.com28 Jan 2022

The Sensex was pulled lower mainly by Maruti, Tech Mahindra, PowerGrid, ICICI Bank, Axis Bank and SBI -- which suffered losses to the tune of 3 per cent.

Sensex pares all losses; ends up 198 points

Sensex pares all losses; ends up 198 points

Rediff.com23 Nov 2021

PowerGrid was the top gainer in the Sensex pack, rising around 4 per cent, followed by NTPC, Tata Steel, Bharti Airtel, Sun Pharma and Bajaj Finserv. On the other hand, IndusInd Bank, Asian Paints, Infosys, Bajaj Auto and Maruti fell up to 2.59 per cent.

Markets retreat from record highs; Sensex falls 216 pts

Markets retreat from record highs; Sensex falls 216 pts

Rediff.com19 Jun 2023

Kotak Mahindra Bank was the biggest loser from the Sensex pack, skidding 1.83 per cent, followed by Axis Bank, NTPC, Hindustan Unilever, ICICI Bank, Bharti Airtel, Reliance Industries, HCL Technologies, IndusInd Bank and Nestle. In contrast, Bajaj Finance, Bajaj Finserv, Tech Mahindra, Tata Consultancy Services, Titan, Infosys, HDFC Bank, HDFC and ITC were the gainers.

Sensex slumps 257 points ahead of Fed policy meet

Sensex slumps 257 points ahead of Fed policy meet

Rediff.com3 Nov 2021

Sun Pharma was the top loser in the Sensex pack, falling over 3 per cent, followed by IndusInd Bank, Bharti Airtel, Kotak Bank, ICICI Bank and HDFC Bank. Nifty fell 59.75 points to 17,829.20.

Investors lose over Rs 11.45 lakh cr in two days

Investors lose over Rs 11.45 lakh cr in two days

Rediff.com20 Dec 2021

Investors have lost a hefty Rs 11,45,267.43 crore in two days as the domestic equity market continued to face severe drubbing amid a global selloff. The BSE benchmark Sensex plunged 1,189.73 points or 2.09 per cent to close at 55,822.01 on Monday. During the day, it tanked 1,879.06 points to 55,132.68.

Sensex jumps 149 points to new record

Sensex jumps 149 points to new record

Rediff.com12 Oct 2021

Titan was the top gainer in the Sensex pack, rallying over 5 per cent, followed by Bajaj Auto, Bajaj Finserv, SBI, Nestle India, ITC, Axis Bank and Tata Steel. Nifty rose 46 points to its fresh closing peak of 17,991.95.

Sensex, Nifty end in red; IT, banking shares drop

Sensex, Nifty end in red; IT, banking shares drop

Rediff.com14 Jul 2022

Benchmark indices Sensex and Nifty gave up early gains to close lower for a fourth straight session on Thursday due to selling in IT and banking shares amid weak global equities. The 30-share BSE benchmark settled 98 points or 0.18 per cent lower at 53,416.15. During the day, it hit a high of 53,861.28 and a low of 53,163.77. The broader NSE Nifty also pared initial gains and ended 28 points or 0.18 per cent down to settle at 15,938.65.

Investors richer by over Rs 3.10 lakh crore

Investors richer by over Rs 3.10 lakh crore

Rediff.com4 Oct 2021

The 30-share BSE benchmark jumped 533.74 points or 0.91 per cent to 59,299.32. During the day, it zoomed 783.24 points to 59,548.82.

Sensex hits record high; closes at 62,273

Sensex hits record high; closes at 62,273

Rediff.com24 Nov 2022

Equity benchmark BSE Sensex closed at an all-time high of 62,272.68 on Thursday, tracking a firm trend in global markets after the US Fed minutes indicated a slower pace of rate increase that bolstered investors' sentiment. Extending its rally to the third straight day, the 30-share BSE benchmark rallied 762.10 points or 1.24 per cent to settle at 62,272.68, its record closing peak. During the day, it jumped 901.75 points or 1.46 per cent to its lifetime high of 62,412.33.he broader NSE Nifty gained 216.85 points or 1.19 per cent to end at 18,484.10.

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.

Markets fall on selling in IT, banking shares, FII outflows

Markets fall on selling in IT, banking shares, FII outflows

Rediff.com19 Apr 2023

Among the Sensex firms, HCL Technologies fell the most by 2.4 per cent. IndusInd Bank (2.35 per cent), Infosys (2.28 per cent), Wipro (1.8 per cent), NTPC (1.71 per cent), Asian Paints (1.7 per cent), Tata Consultancy Services (1.36 per cent),Tech Mahindra (1.03 per cent) and SBI (1 per cent) were among the major laggards.

3 factors that will dictate stock markets

3 factors that will dictate stock markets

Rediff.com28 Jun 2021

Macroeconomic data, the pace of vaccination and global trends would be the major drivers for the domestic equity markets this week, analysts said. Besides, the progress of monsoon will also be monitored. "This week marks the beginning of the new month also, so participants will be eyeing the high-frequency indicators like auto sales and manufacturing PMI during the week. "Besides, the progress of monsoon will also remain on their radar.

Markets this week: Stocks likely to face volatility

Markets this week: Stocks likely to face volatility

Rediff.com21 Nov 2021

Equity markets would watch out for global cues in absence of any major event on the domestic front, and indices may face volatility in view of the scheduled derivatives expiry this week, analysts said. "During the week, volatility is likely to remain high due to the scheduled derivatives expiry of November month contracts on November 25. "At the same time, the focus would largely remain on the global markets for cues, in absence of any major event on the domestic front," said Ajit Mishra, VP Research, Religare Broking.

Markets bounce back after 8 days; end nearly 1% higher

Markets bounce back after 8 days; end nearly 1% higher

Rediff.com1 Mar 2023

From the Sensex pack, State Bank of India, Axis Bank, IndusInd Bank, Tech Mahindra, HCL Technologies, Tata Consultancy Services, Maruti Suzuki, Tata Steel and Tata Motors were the major gainers. Power Grid and HDFC Bank were the laggards from the pack.

Investors' wealth plunges Rs 10.42 lakh crore in 7 trading sessions

Investors' wealth plunges Rs 10.42 lakh crore in 7 trading sessions

Rediff.com27 Feb 2023

Seven consecutive sessions of decline in the equity market has eroded the wealth of investors by a whopping Rs 10.42 lakh crore and the benchmark Sensex has tumbled more than 2,000 points during this period. Concerns over more rate hikes by developed economies, weak global equity markets and fresh foreign fund outflows from the domestic market have dented investor sentiments. On Monday, the BSE Sensex dropped 175.58 points or 0.30 per cent to end at 59,288.35 points, marking a decline for seven straight trading sessions.

Sensex drops 214 points on profit-booking

Sensex drops 214 points on profit-booking

Rediff.com1 Sep 2021

M&M was the top loser in the Sensex pack, shedding around 3 per cent, followed by Tata Steel, Bajaj Finserv, TCS, HDFC and Infosys. NSE Nifty declined 55.95 points to 17,076.25.

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.

Global trends, FIIs to drive stock markets this week

Global trends, FIIs to drive stock markets this week

Rediff.com4 Sep 2022

In the absence of major domestic events, equity markets will be driven by global trends, foreign fund flows and movement in the Brent crude oil, analysts said. The major global events this week are the European Central Bank interest rate decision and China's inflation rate, they added. "Indian equity markets are outperforming most of their global peers and trying to show resilience despite weak global cues.

Investors richer by over Rs 10.19 lakh crore in 3-day rally

Investors richer by over Rs 10.19 lakh crore in 3-day rally

Rediff.com30 May 2022

Equity investors' wealth jumped by over Rs 10.19 lakh crore in the three-day market rally to Monday. On Monday, the 30-share BSE Sensex soared by 1,041.08 points or 1.90 per cent to settle at 55,925.74. In three days, the bechmark has zoomed 2,176.48 points or 4 per cent. Helped by jump in equities, the market capitalisation of BSE-listed firms went up by Rs 10,19,936.84 crore to Rs 2,58,47,092.40 crore in three days.

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.

Inflation data, global trends to guide markets this week

Inflation data, global trends to guide markets this week

Rediff.com12 Sep 2021

Inflation data and global trends would be the major driving factors for the equity markets this week which after a record-breaking run took a breather in recent trades, analysts said. The overall market sentiment remains positive, supported by improving economic data and earnings but higher valuations can trigger bouts of profit booking, they said further. During the last week, which the 30-share BSE benchmark rose by 175.12 points or 0.30 per cent.

Recovery in global markets pushes Sensex by 491 points

Recovery in global markets pushes Sensex by 491 points

Rediff.com17 Oct 2022

Benchmark stock indices Sensex and Nifty closed higher for a second straight session on Monday following buying in index majors Reliance Industries, ICICI Bank and recovery in global markets.