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Economic Times
3 days ago
- Business
- Economic Times
Stock market update: Nifty Bank index falls 0.15% in a weak market
Stocks in focus: RIL, Tata Motors, Infosys, IIFL Securities, Apollo Hospitals, Punjab National Bank, NBCC and more.. Synopsis The Nifty Bank index was trading 0.15 per cent down at 55462.35. NEW DELHI: The Nifty Bank index traded negative around 11:04AM(IST)on Friday in a weak market. ADVERTISEMENT Au Small Finance Bank Ltd.(up 0.66 per cent), HDFC Bank Ltd.(up 0.13 per cent) and ICICI Bank Ltd.(up 0.04 per cent) were among the top gainers. IndusInd Bank Ltd.(down 0.99 per cent), Canara Bank(down 0.94 per cent), Punjab National Bank(down 0.81 per cent), Axis Bank Ltd.(down 0.74 per cent) and State Bank of India(down 0.39 per cent) were the top losers on the index. The Nifty Bank index was down 0.15 per cent at 55462.35 at the time of writing this report. Benchmark NSE Nifty50 index was down 69.5 points at 24764.1, while the BSE Sensex was down 215.8 points at 81417.22. Among the 50 stocks in the Nifty index, 13 were trading in the green, while 37 were in the red. ADVERTISEMENT Shares of Suzlon Energy, Vodafone Idea, Reliance Power, MMTC and Ola Electric Mobilit were among the most traded shares on the NSE. Shares of Lumax Auto Tech, Venus Remedies, BSE, INEOS Styrolution and Shaily Engg Plastics hit their fresh 52-week highs in today's trade, while Career Point, Navkar Builders, California Soft(PP), Signpost India and Borana Weaves hit fresh 52-week lows in trade. (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Economic Times
4 days ago
- Business
- Economic Times
Stock market update: Nifty IT index advances 0.81% in an upbeat market
India 10-year bond yield declined 0.40 per cent to 5.98 after trading in 5.98 -6.04 range. Synopsis The Nifty IT index was trading 0.81 per cent up at 37769.9. NEW DELHI: The Nifty IT index traded positive around 10:29AM(IST)on Thursday in an upbeat market. ADVERTISEMENT LTIMindtree Ltd.(up 2.02 per cent), Persistent Systems Ltd.(up 1.19 per cent), Infosys Ltd.(up 1.18 per cent), Coforge Ltd.(up 0.99 per cent) and Wipro Ltd.(up 0.69 per cent) were among the top gainers. Oracle Financial Services Software Ltd.(down 0.13 per cent) were the top losers on the index. The Nifty IT index was up 0.81 per cent at 37769.9 at the time of writing this report. Benchmark NSE Nifty50 index was up 32.55 points at 24785.0, while the BSE Sensex was up 138.72 points at 81451.04. Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red. ADVERTISEMENT Shares of Vodafone Idea, IFCI, MMTC, Sagility India and Reliance Power were among the most traded shares on the NSE. Shares of IFB Agro, Quality Power Electr, Shree Global, Shanti Overseas and AXISCADES Engg Tech hit their fresh 52-week highs in today's trade, while Lasa Supergenerics, Bharat Rasayan, Orchid Pharma, Borana Weaves and Navkar Builders hit fresh 52-week lows in trade. (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Economic Times
6 days ago
- Business
- Economic Times
India invites BRICS nations to boost startup cooperation
India will assume the BRICS presidency in 2026. Synopsis This is the first-of-its-kind dedicated platform for BRICS nations, aimed at enhancing cross-border collaboration and strengthening startup ecosystems across member countries. New Delhi: India has invited all BRICS member countries to enhance cooperation in the startup sector to promote innovation, the commerce and industry ministry said Monday. ADVERTISEMENT It was suggested by India at the 9th BRICS Industry Ministers' meeting on May 21 at Brasilia. BRICS is an intergovernmental organisation comprising 10 countries-Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the UAE. India will assume the BRICS presidency in 2026. India launched the BRICS Startup Knowledge Hub on January 31, 2025, under the aegis of the BRICS Start-Up is the first-of-its-kind dedicated platform for BRICS nations, aimed at enhancing cross-border collaboration and strengthening startup ecosystems across member countries. (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Economic Times
7 days ago
- Business
- Economic Times
Stock market update: Nifty IT index advances 0.83% in an upbeat market
India 10-year bond yield declined 0.40 per cent to 5.98 after trading in 5.98 -6.04 range. Synopsis The Nifty IT index was trading 0.83 per cent up at 37713.5. NEW DELHI: The Nifty IT index traded positive around 10:55AM(IST)on Monday in an upbeat market. ADVERTISEMENT Coforge Ltd.(up 1.48 per cent), HCL Technologies Ltd.(up 1.37 per cent), Tech Mahindra Ltd.(up 1.23 per cent), Oracle Financial Services Software Ltd.(up 1.03 per cent) and LTIMindtree Ltd.(up 0.86 per cent) were among the top gainers. were the top losers on the index. The Nifty IT index was up 0.83 per cent at 37713.5 at the time of writing this report. Benchmark NSE Nifty50 index was up 117.0 points at 24970.15, while the BSE Sensex was up 402.77 points at 82123.85. Among the 50 stocks in the Nifty index, 39 were trading in the green, while 11 were in the red. ADVERTISEMENT Shares of Reliance Power, Vodafone Idea, Suzlon Energy, YES Bank and Eternal were among the most traded shares on the NSE. Shares of Khaitan(India), Camlin Fine Sc, Stampede Cap(DVR), ITD Cementation and JK Cement hit their fresh 52-week highs in today's trade, while Gangotri Text, JP Associates, SKIL Infrastructure, Techindia Nirman and Varanium Cloud hit fresh 52-week lows in trade. (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
Economic Times
23-05-2025
- Business
- Economic Times
Sensex settles 769 pts higher on FMCG boost, positive Asian cues; Nifty tops 24,850
Sensex today: The total market capitalization of all the BSE-listed companies surged by Rs 2.05 lakh crore. Synopsis Indian equity markets closed higher on Friday, buoyed by positive Asian market trends and strong performance in FMCG stocks, easing investor concerns due to a decline in U.S. Treasury yields. The Nifty 50 and BSE Sensex both gained nearly 1%, with the Sensex surging 769 points. Tracking a broadly positive trend across Asian markets and lifted by FMCG stocks, Indian equity markets closed higher on Friday after a week of volatile swings. The upmove was further supported by a decline in U.S. Treasury yields, which eased investor concerns around interest rate pressures. ADVERTISEMENT The Nifty 50 as well as the 30-component BSE Sensex ended the day with gains of nearly 1%. The former closed at 24,853.15, higher by 243.45 points, while the latter ended the day with a surge of 769 points at 81,721. The total market capitalization of all the BSE-listed companies surged by Rs 2.05 lakh crore. Despite today's surge, markets ended the week on a slightly weaker note. On a weekly basis, the Nifty 50 was down by 0.66% or 166.65 points. 3 out of 5 sessions ended up in the red, while 2 closed on a higher TO COME... (You can now subscribe to our ETMarkets WhatsApp channel) Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains NEXT STORY
