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Sensex reclaims 50,000-benchmark amid hectic buying in IT, auto, FMCG sectors; Nifty ends in green
Business

Sensex reclaims 50,000-benchmark amid hectic buying in IT, auto, FMCG sectors; Nifty ends in green

The top five gainers were Tata Motors, M&M, Wipro, Adani Ports and NTPC, while the top losers were ONGC, HDFC, Dr Reddy’s Labs, Coal India and Power Grid Corp

Auto stocks jump up to 10.5 percent on sales growth in January 2021, new voluntary vehicle scrapping policy
News & Analysis

Auto stocks jump up to 10.5 percent on sales growth in January 2021, new voluntary vehicle scrapping policy

Auto majors Maruti Suzuki, Hyundai Motor, M&M, Tata Motors, Honda and MG Motor reported growth in their domestic passenger vehicle sales in January.

Shares hold on gains for fifth straight session; Kotak Mahindra Bank shares offset impact of Moody's ratings cut
Business

Shares hold on gains for fifth straight session; Kotak Mahindra Bank shares offset impact of Moody's ratings cut

Kotak Mahindra Bank was the top gainer in the Sensex pack, rising around 7 percent, followed by M&M, Sun Pharma, Hero MotoCorp, Bajaj Finance, Tata Steel, Bharti Airtel and HCL Tech.

Mahindra and Mahindra vehicle sales dip 79% in May to 9,560 units, exports fall 80%
Business

Mahindra and Mahindra vehicle sales dip 79% in May to 9,560 units, exports fall 80%

Auto major Mahindra & Mahindra (M&M) on Monday reported a steep 79 percent decline in total sales at 9,560 units in May

Sensex jumps over 200 points, NSE above 9,390-level in opening trade; RIL, ICICI Bank, HDFC among early gainers
Business

Sensex jumps over 200 points, NSE above 9,390-level in opening trade; RIL, ICICI Bank, HDFC among early gainers

ONGC was the top gainer in the Sensex pack, rising around 3 percent, followed by Tata Steel, L&T, HDFC Bank, ICICI Bank, IndusInd Bank and Axis Bank. On the other hand, M&M, ITC, Infosys, Bajaj Auto, TCS and HCL Tech were among the laggards

Sensex drops 260 points, Nifty settles below 9,050-mark at close of trading session; banking, financial stocks drag
Business

Sensex drops 260 points, Nifty settles below 9,050-mark at close of trading session; banking, financial stocks drag

Sensex tumbled 260 points on Friday, dragged by losses in banking and financial stocks as RBI's rate cut and other measures to prop up the economy failed to meet market expectations.

Indices fall tracking decline in Asian markets; Sensex, Nifty slide as fiscal stimulus spend relatively small
Business

Indices fall tracking decline in Asian markets; Sensex, Nifty slide as fiscal stimulus spend relatively small

Sensex slumped over 600 points in opening session on Thursday dragged by losses in index heavyweights Infosys, HDFC twins, Reliance Industries and ICICI Bank amid weak cues from global markets.

Markets end in green: Sensex rises over 230 points on gains in banking, finance, auto stocks; Nifty finishes at 9,270-mark
Business

Markets end in green: Sensex rises over 230 points on gains in banking, finance, auto stocks; Nifty finishes at 9,270-mark

M&M was the top gainer in the Sensex pack, rallying over 5 percent, followed by Bajaj Finance, HDFC Bank, ICICI Bank, Bharti Airtel and Hero MotoCorp.

Stock markets open flat: Sensex sheds over 200 points, Nifty below 9,200-mark;  ITC, OMCs among major losers
Business

Stock markets open flat: Sensex sheds over 200 points, Nifty below 9,200-mark; ITC, OMCs among major losers

Shares in consumer goods conglomerate ITC and lender Axis Bank Ltd fell 6 percent and 3.8 percent, respectively, after a news report that the government is planning to sell its stakes in the two companies.

Sensex surges over 500 points, Nifty above 9,400-mark in opening trade; RIL, HDFC, ICICI Bank among early gainers
Business

Sensex surges over 500 points, Nifty above 9,400-mark in opening trade; RIL, HDFC, ICICI Bank among early gainers

ONGC was the top gainer in the Sensex pack, rallying over 5 percent, followed by M&M, Bharti Airtel, IndusInd Bank, ICICI Bank, PowerGrid and Tech Mahindra.

Sensex rallies over 900 points, Nifty reclaims 9,800 level; Glenmark shares jump 9% on reports of trials for potential COVID-19 drug
Business

Sensex rallies over 900 points, Nifty reclaims 9,800 level; Glenmark shares jump 9% on reports of trials for potential COVID-19 drug

Shares of Glenmark Pharmaceuticals Ltd rose as much as 8.9 percent after the drugmaker said it got the Indian drug regulator’s nod to conduct clinical trials of antiviral drug favipiravir, seen as a potential treatment for COVID-19.

Stock markets open in green: Sensex surges over 300 points, Nifty advances in early session; HDFC rallies, Axis Bank falls
Business

Stock markets open in green: Sensex surges over 300 points, Nifty advances in early session; HDFC rallies, Axis Bank falls

Sensex surged over 300 points led by buying in index-heavyweights HDFC twins and positive cues from Asian peers.

Stock markets close day's trading on positive note: Sensex soars 2,476 points, Nifty shoots 708 points; IndusInd Bank among major gainers
Business

Stock markets close day's trading on positive note: Sensex soars 2,476 points, Nifty shoots 708 points; IndusInd Bank among major gainers

All Sensex components ended on a positive note with IndusInd Bank was the top gainer surging over 22 per cent, followed by Axis Bank, Mahindra and Mahindra, ICICI Bank, HUL, Maruti, HCL Tech and Hero MotoCorp.

Sensex plunges over 1,100 points, Nifty falls 245 points; Bajaj Finance among top losers, tanks up to 8%
Business

Sensex plunges over 1,100 points, Nifty falls 245 points; Bajaj Finance among top losers, tanks up to 8%

After hitting a low of 28,708.83, the 30-share Sensex was trading 855.82 points or 2.87 per cent lower at 28,959.77. Similarly, the NSE Nifty fell 245.30 points, or 2.83 per cent, to 8,414.95.

Sensex drops over 300 points, Nifty down; foreign fund outflow, coronavirus fears weigh global investor sentiment
Business

Sensex drops over 300 points, Nifty down; foreign fund outflow, coronavirus fears weigh global investor sentiment

Sensex dropped 382.80 points, or 0.96% to 39,506.56, while the NSE Nifty fell 120.45 points, or 1.03% to 11,558.05

Sensex falls 65 points, Nifty below 12,100-mark in early trade on losses in banking stocks; ONGC, Mahindra among top losers
Business

Sensex falls 65 points, Nifty below 12,100-mark in early trade on losses in banking stocks; ONGC, Mahindra among top losers

ONGC was the top loser in the Sensex pack, followed by M&M, SBI, ICICI Bank, Bajaj Auto, HDFC L&T, Sun Pharma and IndusInd Bank, falling up to 1.16 per cent.

Sensex jumps over 200 points ahead of Economic Survey, Nifty holds 12,000-mark; Wipro shares decline after CEO resigns
Business

Sensex jumps over 200 points ahead of Economic Survey, Nifty holds 12,000-mark; Wipro shares decline after CEO resigns

According to analysts, the market is now focused on the Economic Survey and the Union Budget, with high expectations of further stimulus to the economy

Markets trade in green: Sensex jumps 150 points, Nifty rises in opening trade; HDFC top gainer rallying over 2%
Business

Markets trade in green: Sensex jumps 150 points, Nifty rises in opening trade; HDFC top gainer rallying over 2%

Starting on a highly volatile note, the Sensex swung nearly 200 points in early trade before quoting 97.09 points or 0.24 percent higher at 41,252.21

Sensex, Nifty close at fresh lifetime highs on positive global cues; Infosys rallies 5%, IndusInd Bank among top gainers
Business

Sensex, Nifty close at fresh lifetime highs on positive global cues; Infosys rallies 5%, IndusInd Bank among top gainers

After rallying nearly 300 points to its record intra-day high of 41,899.63, the Sensex settled at a new closing peak of 41,859.69, up 259.97 points, or 0.62 percent.

EV dream not very far, need priority financing, cut in import duties of some parts: M&M managing director Pawan Goenka
Business

EV dream not very far, need priority financing, cut in import duties of some parts: M&M managing director Pawan Goenka

Automobile major Mahindra & Mahindra (M&M) on Thursday said India's electric vehicles dream is not far from realisation but it needs steps like priority financing and duty reduction on certain parts to push e-mobility in the country