Latest news with #NiftyofNSE
Hans India
14-05-2025
- Business
- Hans India
D Street back in red on swift profit booking
Mumbai: Stock markets tumbled on Tuesday with benchmark Sensex falling by 1,282 points due to profit-taking in IT, auto and private banking shares a day after a record rally. The 30-share BSE barometer tanked 1,281.68 points or 1.55 per cent to settle at 81,148.22 with 25 of its constituents closing with losses and five with gains. During the day, it fell sharply by 1,386.21 points or 1.68 per cent to 81,043.69. The broader Nifty of NSE dropped 346.35 points or 1.39 per cent to 24,578.35. The market capitalisation (mcap) of BSE-listed companies fell by Rs1.46 lakh crore to Rs4,31,10,787.02 (Rs431.10 lakh cr or $5.08 trn). 'The domestic market witnessed profit booking on Tuesday, following Monday's sharp rally. The relief-driven surge—fuelled by easing global and domestic risks, including a reduction in trade war tensions and Indo-Pak geopolitical stress—appears to be taking a breather,' said Vinod Nair, head (research), Geojit Investments Ltd. Broader markets closed with gains on Tuesday with the BSE smallcap gauge jumping 0.99 per cent and midcap index by 0.17 per cent. 'Profit-taking was evident across the board, with IT, FMCG, and auto sectors emerging as the top losers,' said Ajit Mishra, Sr V-P (research), Religare Broking Ltd. Among sectoral indices, BSE Focused IT tanked 2.44 per cent, teck (2.39 per cent), IT (2.21 per cent), utilities (1.35 per cent), power (1 per cent), metal (0.95 per cent) and oil & gas (0.95 per cent). Healthcare, industrials, capital goods, services and consumer durables were the gainers.
Hans India
13-05-2025
- Business
- Hans India
Bulls party on Dalal St
Mumbai: Benchmark stock indices Sensex and Nifty recorded their biggest single-day gains in absolute terms on Monday, skyrocketing nearly four per cent, after India and Pakistan reached an understanding to stop military actions and US and China announced a deal to lower tariffs significantly. After opening on a high note, the 30-share BSE Sensex soared by 2,975.43 points or 3.74 per cent to settle at a more than seven-month high of 82,429.90. During the day, it rallied 3,041.5 points or 3.82 per cent to a high of 82,495.97. The 50-issue Nifty of NSE skyrocketed 916.70 points or 3.82 per cent to close at 24,924.70. In intra-day trade, the barometer zoomed 936.8 points or 3.90 per cent to 24,944.80. Sensex and Nifty logged their biggest single-day gains in absolute terms on across the board buying led by IT, metal, realty and tech shares. Investors gain `16.15 lakh cr The total market capitalisation (mcap) of all companies listed on the BSE climbed to Rs432.56 lakh crore ($5.05 trn), up from Rs416.52 lakh crore in the previous session -- a gain of Rs16.15 lakh crore in a single day Breather at last for Pak markets Karachi: The Pakistan Stock Exchange (PSX) on Monday gained a record nine per cent increase in trading, as India and Pakistan reached an understanding to halt all military actions. With the geopolitical situation limping back to normalcy, the KSE-100 index scored high during intraday trading. The index opened with a gain of 9,929.48 points, or 9.26 per cent, to stand at 117,104.11 points from the previous close of 107,174.63. The understanding reached between the two countries has apparently boosted investor's mood and confidence,' said Fatima Bucha of AKD Securities.
The Print
12-05-2025
- Business
- The Print
Stock markets log biggest single-day rise after suspension of India-Pak hostilities
The 50-issue Nifty of NSE skyrocketed 916.70 points or 3.82 per cent to close at 24,924.70. In intra-day trade, the barometer zoomed 936.8 points or 3.90 per cent to 24,944.80. After opening on a high note, the 30-share BSE Sensex soared by 2,975.43 points or 3.74 per cent to settle at a more than seven-month high of 82,429.90. During the day, it rallied 3,041.5 points or 3.82 per cent to a high of 82,495.97. Mumbai, May 12 (PTI) Benchmark stock indices Sensex and Nifty recorded their biggest single-day gains in absolute terms on Monday, skyrocketing nearly 4 per cent, after India and Pakistan reached an understanding to stop military actions and US and China announced a deal to lower tariffs significantly. Sensex and Nifty logged their biggest single-day gains in absolute terms on across the board buying led by IT, metal, realty and tech shares. Sensex had previously posted its biggest single-day gain of 2,507.45 points and Nifty by 733.20 points on June 3, 2024. Following the sharp rally, Dalal Street investors became richer by Rs 16.15 lakh crore on Monday as markets. The market capitalisation of BSE-listed firms jumped by Rs 16,15,275.19 crore to Rs 4,32,56,125.65 crore (USD 5.05 trillion) in a single day. Stock markets welcomed the understanding reached between India and Pakistan on Saturday to stop all firings and military actions on land, air and sea. India launched 'Operation Sindoor' on early May 7 to destroy nine terror infrastructures in Pakistan and Pakistan-Occupied-Kashmir in retaliation to the Pahalgam terror attack. 'Confluence of positive geopolitical and economic developments – the ceasefire between India and Pakistan, coupled with a breakthrough trade agreement between the US and China – sparked the strongest daily market rally in recent times,' Vinod Nair, Head of Research, Geojit Investments Limited, said. Sustained FII inflows, along with a resurgence in retail participation fuelled by expectations of a swift improvement in business sentiment, propelled today's upside, he added. 'Adding to the positive sentiment were encouraging updates on the US-China trade deal, which further boosted investor confidence as the session progressed,' Ajit Mishra – SVP, Research, Religare Broking Ltd said. The easing of geopolitical concerns and progress on global trade talks brought significant relief to the markets, reflected in a sharp drop in the India VIX volatility index, he added. US and China on Sunday announced suspension of high tariffs for 90 days. After their talks in Geneva, the US agreed to cut tariffs on Chinese goods to 30 per cent from 145 per cent while China announced to lower its tariffs on US goods to 10 per cent from 125 per cent. From the Sensex firms, Infosys jumped 7.91 per cent. HCL Tech, Tata Steel, Eternal, Tech Mahindra, Tata Consultancy Services, Axis Bank, ICICI Bank, NTPC, Reliance Industries and Bajaj Finance were the other major gainers. Sun Pharma and IndusInd Bank were the only laggards from the pack. The broader markets also mirrored this strength, with Midcap and Smallcap advancing close to 4 per cent. The BSE smallcap gauge surged 4.18 per cent and midcap index jumped 3.85 per cent. All sectoral indices ended higher. IT zoomed 6.75 per cent, BSE Focused IT (6.74 per cent), realty (5.87 per cent), metal (5.24 per cent), teck (5.21 per cent), utilities (5.07 per cent), power (4.82 per cent) and industrials (4.24 per cent). As many as 3,545 stocks advanced while 576 declined and 133 remained unchanged on the BSE. Meanwhile, stock markets in Pakistan rallied following the understanding between the countries. Benchmark KSE-100 index jumped more than 9 per cent on Monday. Among other Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng settled higher. Markets in Europe were trading in positive territory. US markets ended on a mixed note on Friday. 'Markets were on a roll and turned buoyant after the news of a ceasefire between India and Pakistan… Investors turned risk-on with safe-haven gold taking a beating while equities turned out to be clear winners on the back of broad-based buying support. With talks on global tariff seen on a smooth path, equities could gain traction going ahead,' Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said. Global oil benchmark Brent crude jumped 2.88 per cent to USD 65.75 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,798.71 crore on Friday, after remaining net buyers for many days, according to exchange data. Forex markets were closed on Monday on account of Buddha Purnima. PTI SUM MR MR This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
The Hindu
12-05-2025
- Business
- The Hindu
Stock markets log biggest single-day rise after suspension of India-Pak hostilities
Benchmark stock indices Sensex and Nifty recorded their biggest single-day gains in absolute terms on Monday (May 12, 2025), skyrocketing nearly 4%, after India and Pakistan reached an understanding to stop military actions and U.S. and China announced a deal to lower tariffs significantly. After opening on a high note, the 30-share BSE Sensex soared by 2,975.43 points or 3.74% to settle at a more than seven-month high of 82,429.90. During the day, it rallied 3,041.5 points or 3.82% to a high of 82,495.97. The 50-issue Nifty of NSE skyrocketed 916.70 points or 3.82% to close at 24,924.70. In intra-day trade, the barometer zoomed 936.8 points or 3.90% to 24,944.80. Sensex and Nifty logged their biggest single-day gains in absolute terms on across the board buying led by IT, metal, realty and tech shares. Sensex had previously posted its biggest single-day gain of 2,507.45 points and Nifty by 733.20 points on June 3, 2024. Stock markets welcomed the understanding reached between India and Pakistan on Saturday (May 10, 2025) to stop all firings and military actions on land, air and sea. India launched 'Operation Sindoor' on early May 7 to destroy nine terror infrastructures in Pakistan and Pakistan-Occupied-Kashmir in retaliation to the Pahalgam terror attack. 'Confluence of positive geopolitical and economic developments – the ceasefire between India and Pakistan, coupled with a breakthrough trade agreement between the U.S. and China – sparked the strongest daily market rally in recent times,' Vinod Nair, Head of Research, Geojit Investments Limited, said. 'Sustained FII inflows, along with a resurgence in retail participation fuelled by expectations of a swift improvement in business sentiment, propelled today's upside,' he added. 'Adding to the positive sentiment were encouraging updates on the U.S.-China trade deal, which further boosted investor confidence as the session progressed,' Ajit Mishra – SVP, Research, Religare Broking Ltd. said. U.S. and China on Sunday (May 11, 2025) announced suspension of high tariffs for 90 days. After their talks in Geneva, the U.S. agreed to cut tariffs on Chinese goods to 30% from 145% while China announced to lower its tariffs on U.S. goods to 10% from 125%. From the Sensex firms, Infosys jumped 7.91%. HCL Tech, Tata Steel, Eternal, Tech Mahindra, Tata Consultancy Services, Axis Bank, ICICI Bank, NTPC, Reliance Industries and Bajaj Finance were the other major gainers. Sun Pharma and IndusInd Bank were the only laggards from the pack. The broader markets also mirrored this strength, with Midcap and Smallcap advancing close to 4%. Meanwhile, Pakistan's benchmark KSE-100 index jumped more than 9% earlier in the day. In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng settled higher. Markets in Europe were trading in positive territory. U.S. markets ended on a mixed note on Friday (May 9, 2025). 'Markets were on a roll and turned buoyant after the news of a ceasefire between India and Pakistan... Investors turned risk-on with safe-haven gold taking a beating while equities turned out to be clear winners on the back of broad-based buying support. With talks on global tariff seen on a smooth path, equities could gain traction going ahead,' Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said. Global oil benchmark Brent crude jumped 2.88% to $65.75 a barrel. Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,798.71 crore on Friday (May 9, 2025), after remaining net buyers for many days, according to exchange data. Stock market benchmark indices tumbled over 1% each on Friday (May 9, 2025) after conflict between India and Pakistan intensified. On Friday (May 9, 2025), the 30-share BSE benchmark gauge tanked 880.34 points or 1.10% to settle at 79,454.47. The Nifty dropped 265.80 points or 1.10% to 24,008.
Hans India
08-05-2025
- Business
- Hans India
Markets resilient to strikes against Pak
Mumbai: Benchmark stock indices Sensex and Nifty closed higher in a volatile session on Wednesday as India launched missile strikes on terrorist hideouts in Pakistan and Pakistan-Occupied Kashmir (POK). After gyrating between gains and losses during the day, the 30-share BSE Sensex ended 105.71 points or 0.13 per cent higher at 80,746.78 points. The index opened sharply down by 692 points and fell further to hit a day's low of 79,937.48 in early trade. However, buying in private banks and select auto shares such as Tata Motors helped the barometer recover most of the losses and hit a high of 80,844.63 later. The 50-issue Nifty of NSE advanced by 34.80 points or 0.14 per cent to settle at 24,414.40. Nifty moved between a high of 24,449.60 and a low of 24,220 during the session. Broader markets also recouped intraday losses and closed higher by more than a per cent. Sectoral indices closed mixed as auto, realty, and metal sectors advanced while pharma and FMCG ended in the red. 'Geopolitical tensions, following India's military response to a terrorist attack, triggered a gap-down opening. However, a swift recovery helped the indices edge higher by the close,' said Ajit Mishra, Sr V-P (research), Religare Broking Ltd. 'Even as the country is in the middle of a military action against terrorist network across the border, markets witnessed gyration during intra-day trade, but eventually managed to shrug off the uncertainty to end slightly higher. While the mood will be of caution due to Indo-Pak war tension, markets could witness choppy sessions with stock-specific activity over next few days,' added Prashanth Tapse, senior V-P (research), Mehta Equities Ltd.
