BSE – TheNewsHub https://thenewshub.in Thu, 14 Nov 2024 10:38:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.7 Sensex Drops 110 Points, Nifty Falls For 6th Day On FII Selling, Inflationary Concerns https://thenewshub.in/2024/11/14/sensex-drops-110-points-nifty-falls-for-6th-day-on-fii-selling-inflationary-concerns/ https://thenewshub.in/2024/11/14/sensex-drops-110-points-nifty-falls-for-6th-day-on-fii-selling-inflationary-concerns/?noamp=mobile#respond Thu, 14 Nov 2024 10:38:00 +0000 https://thenewshub.in/2024/11/14/sensex-drops-110-points-nifty-falls-for-6th-day-on-fii-selling-inflationary-concerns/

Mumbai: Benchmark Sensex declined by 110 points in a see-saw trade on Thursday, marking its third straight session of losses amid continued FII selling, disappointing quarterly results and soaring inflation.

Benchmark BSE Sensex dropped 110.64 points or 0.14 per cent to settle at 77,580.31. During the day, it dropped 266.14 points or 0.34 per cent to 77,424.81.

Broader NSE Nifty dropped by 26.35 points or 0.11 per cent to close at 23,532.70, extending its losing streak to the sixth day.

From the 30-share Sensex pack, Hindustan Unilever, NTPC, Nestle, IndusInd Bank, Power Grid, Adani Ports, Tata Motors and Bajaj Finserv were the major laggards.

Reliance Industries, Kotak Mahindra Bank, Tech Mahindra, Mahindra & Mahindra and HDFC Bank were among the gainers.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,502.58 crore on Wednesday, while Domestic Institutional Investors (DIIs) bought shares worth Rs 6,145.24 crore, according to exchange data.

Wholesale price inflation rose to a four-month high of 2.36 per cent in October as prices of food items, especially vegetables, and manufactured goods turned dearer, showed the government data released on Thursday.

Retail inflation breached the Reserve Bank’s upper tolerance level, soaring to a 14-month high of 6.21 per cent in October mainly on account of rising food prices.

In Asian markets, Tokyo, Shanghai and Hong Kong settled lower while Seoul ended in the positive territory.

European markets were trading higher. The US markets ended on a mixed note on Wednesday.

Global oil benchmark Brent crude dipped 0.06 per cent to USD 72.24 a barrel.

Sensex tanked 984.23 points or 1.25 per cent to settle at 77,690.95 on Wednesday. Registering its fifth day of decline, the Nifty tumbled 324.40 points or 1.36 per cent to 23,559.05.

Equity markets will remain closed on Friday for Guru Nanak Jayanti.

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Sensex, Nifty Fall Over 1%, Snap Two-day Rally Ahead Of US Fed Interest Rate Decision https://thenewshub.in/2024/11/07/sensex-nifty-fall-over-1-snap-two-day-rally-ahead-of-us-fed-interest-rate-decision/ https://thenewshub.in/2024/11/07/sensex-nifty-fall-over-1-snap-two-day-rally-ahead-of-us-fed-interest-rate-decision/?noamp=mobile#respond Thu, 07 Nov 2024 10:36:00 +0000 https://thenewshub.in/2024/11/07/sensex-nifty-fall-over-1-snap-two-day-rally-ahead-of-us-fed-interest-rate-decision/

Mumbai: Benchmark Sensex and Nifty tumbled more than 1 per cent on Thursday after a two-day rally as investors remained on the sidelines ahead of the US Federal Reserve interest rate decision and unabated foreign fund outflows.

The BSE Sensex tanked 836.34 points or 1.04 per cent to settle at 79,541.79. During the day, it slumped 958.79 points or 1.19 per cent to 79,419.34.

The NSE Nifty dropped 284.70 points or 1.16 per cent to finish at 24,199.35.

From the 30-share Sensex pack, Tata Motors, Tech Mahindra, UltraTech Cement, JSW Steel, Sun Pharma, Asian Paints, IndusInd Bank and ICICI Bank were the major losers.

State Bank of India emerged as the only gainer from the pack.

Foreign institutional investors (FIIs) offloaded equities worth Rs 4,445.59 crore on Wednesday, according to exchange data.

In Asian markets, Seoul, Shanghai and Hong Kong settled higher while Tokyo ended lower.

European markets were trading in positive territory. Wall Street ended significantly higher on Wednesday.

Republican leader Donald Trump won the US presidential election for a second term, handing a shock defeat to his Democratic rival Kamala Harris, in one of the most remarkable comebacks in American electoral history, by rising from the political wilderness four years after his eviction from the White House and subsequent failed attempt to overturn the 2020 election outcome.

Global oil benchmark Brent crude dipped 0.33 per cent to USD 74.67 a barrel.

The BSE benchmark jumped 901.50 points or 1.13 per cent to settle at 80,378.13 on Wednesday. The Nifty soared 270.75 points or 1.12 per cent to 24,484.05.

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Sensex, Nifty Surge Over 1% On Heavy Buying In IT Stocks As Trump Set To Win US Polls https://thenewshub.in/2024/11/06/sensex-nifty-surge-over-1-on-heavy-buying-in-it-stocks-as-trump-set-to-win-us-polls/ https://thenewshub.in/2024/11/06/sensex-nifty-surge-over-1-on-heavy-buying-in-it-stocks-as-trump-set-to-win-us-polls/?noamp=mobile#respond Wed, 06 Nov 2024 10:54:00 +0000 https://thenewshub.in/2024/11/06/sensex-nifty-surge-over-1-on-heavy-buying-in-it-stocks-as-trump-set-to-win-us-polls/

Mumbai: Stock markets rallied more than 1 per cent on Wednesday with benchmark Sensex soaring 901 points on heavy buying in IT and pharma shares as Donald Trump is all set to win the US presidential elections.

Extending its gains to the second day, the BSE Sensex jumped 901.50 points or 1.13 per cent to settle at 80,378.13. During the day, it soared 1,093.1 points or 1.37 per cent to 80,569.73.

The NSE Nifty soared 270.75 points or 1.12 per cent to close at 24,484.05.

From the 30-share Sensex pack, Tata Consultancy Services and Infosys jumped over 4 per cent each. HCL Technologies, Tech Mahindra, Adani Ports, Larsen & Toubro, Maruti and Reliance Industries were also among big gainers.

Titan, IndusInd Bank, Hindustan Unilever, Axis Bank and HDFC Bank were the laggards.

“Global markets experienced a relief rally following the US election results, reducing political uncertainty with Trump securing a strong mandate. This has led to strong risk-on sentiments, driven by expectations of tax cuts and increased government spending,” Vinod Nair, Head of Research at Geojit Financial Services said.

The domestic buying was broad-based, with IT leading the charge in anticipation of a rebound in IT spending in the US.

“BFSI spending in the US has improved as per the IT Q2 result which is positive for Indian players,” Nair added.

In Asian markets, Tokyo settled higher while Seoul, Shanghai and Hong Kong ended lower.

European markets were quoting in the green. Wall Street ended sharply higher on Tuesday.

Global oil benchmark Brent crude declined 2 per cent to USD 74.02 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,569.41 crore on Tuesday, while Domestic Institutional Investors (DIIs) bought Rs 3,030.96 crore worth of shares, according to exchange data.

Bouncing back from Monday’s sharp fall, the BSE benchmark jumped 694.39 points or 0.88 per cent to settle at 79,476.63 on Tuesday. The Nifty climbed 217.95 points or 0.91 per cent to 24,213.30.

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Stock Markets Rebound On Value Buying In Banking, Steel Shares; Sensex Jumps 694 Points https://thenewshub.in/2024/11/05/stock-markets-rebound-on-value-buying-in-banking-steel-shares-sensex-jumps-694-points/ https://thenewshub.in/2024/11/05/stock-markets-rebound-on-value-buying-in-banking-steel-shares-sensex-jumps-694-points/?noamp=mobile#respond Tue, 05 Nov 2024 11:28:00 +0000 https://thenewshub.in/2024/11/05/stock-markets-rebound-on-value-buying-in-banking-steel-shares-sensex-jumps-694-points/

Mumbai: Benchmark Sensex recovered its early losses to close sharply higher by 694 points on late buying in banking, steel and oil & gas shares amid firm trends in global equities.

Bouncing back from Monday’s sharp fall, the BSE Sensex jumped 694.39 points or 0.88 per cent to settle at 79,476.63. During the day, it soared 740.89 points or 0.94 per cent to 79,523.13.

The NSE Nifty climbed 217.95 points or 0.91 per cent to 24,213.30.

Stock markets opened on a weak note and traded in a range with a negative bias the first half. Sensex hit a low of 78,296.70 while Nifty touched 23,842.75. Value buying in the afternoon session helped indices recover losses and closed in the green.

From the 30-share Sensex pack, JSW Steel surged nearly 5 per cent while Tata Steel jumped nearly 4 per cent. Axis Bank, IndusInd Bank, HDFC Bank, State Bank of India, Kotak Mahindra Bank and UltraTech Cement were also among the big gainers.

Adani Ports, ITC, Bharti Airtel and Asian Paints were among the laggards.

In Asian markets, Tokyo, Shanghai and Hong Kong settled in the positive territory while Seoul ended lower.

European markets were trading higher. The US markets ended lower on Monday.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 4,329.79 crore on Monday, according to exchange data.

Global oil benchmark Brent crude climbed 0.60 per cent to USD 75.53 a barrel.

The BSE benchmark tumbled 941.88 points or 1.18 per cent to settle at 78,782.24 on Monday, the lowest closing level since August 6. The Nifty tanked 309 points or 1.27 per cent to 23,995.35.

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Sensex Crashes 1300 Points, Nifty At Four-Month Low In Midsession https://thenewshub.in/2024/11/04/sensex-crashes-1300-points-nifty-at-four-month-low-in-midsession/ https://thenewshub.in/2024/11/04/sensex-crashes-1300-points-nifty-at-four-month-low-in-midsession/?noamp=mobile#respond Mon, 04 Nov 2024 07:21:00 +0000 https://thenewshub.in/2024/11/04/sensex-crashes-1300-points-nifty-at-four-month-low-in-midsession/

Mumbai: The Indian stock market was trading deep in the red on Monday’s mid-session as heavy selling was seen in the auto, metal, realty and energy stocks.

At 12 p.m., BSE Sensex was trading at 78,609, down 1,317 points or 1.65 per cent. On the other hand, NSE Nifty was trading at 23,862.55, down 441.80 points or 1.82 per cent during this time.

In the Sensex pack, shares of all companies except M&M and Tech Mahindra were trading in red. Sun Pharma, Reliance, NTPC, Tata Motors, Power Grid and Tata Steel were top losers.

Almost all sectoral indices were trading in the red. Auto, IT, PSU Bank, fin Services, pharma, MMCG, metal, realty, media, private bank, infra and commodities were major losers.

In the afternoon trade, Nifty Bank has come down to 51,097.95 after a massive fall of 575.95 points or 1.11 per cent. At the same time, the Nifty Midcap 100 index has come down to 55,671.20 after a huge fall of 824.85 points or 1.46 per cent. The Nifty Small Cap 100 index has come down to 18,384 after falling 410.75 points or 2.19 per cent.

The market trend remained negative. On BSE, 1,062 shares were trading in green while 2,856 shares were trading in red. There has been no change in 131 shares.

According to market experts, the focus of the global market will be on the US presidential elections for the next few days and instability may persist for some time regarding the election results.

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Sensex Rises 448 Points, Nifty Rallies Above 24,300 In Muhurat Session https://thenewshub.in/2024/11/01/sensex-rises-448-points-nifty-rallies-above-24300-in-muhurat-session/ https://thenewshub.in/2024/11/01/sensex-rises-448-points-nifty-rallies-above-24300-in-muhurat-session/?noamp=mobile#respond Fri, 01 Nov 2024 13:51:00 +0000 https://thenewshub.in/2024/11/01/sensex-rises-448-points-nifty-rallies-above-24300-in-muhurat-session/

New Delhi: Benchmark BSE Sensex rose nearly 448 points in the early session of special Muhurat trading on across-the-board buying by investors to mark the start of the new Samvat Year 2081. The 30-share index increased 447.90 points, or 0.56 per cent, to 79,836.96 as all of its constituents traded in the green. The index opened higher at 80,023.75 but shed some gains later.

The 50-issue Nifty of the NSE spurted 150.10 points, or 0.62 per cent, to 24,355.45 with 47 of its constituents ending in the green. Among major Sensex movers, Mahindra & Mahindra rose 2.66 per cent, Adani Ports 1.42 per cent, and Tata Motors by 1.35 per cent.

NTPC, Axis Bank, Titan, IndusInd Bank, Tata Steel, HDFC Bank, Reliance Industries and Bharti Airtel also advanced. Muhurat trading is a one-hour, symbolic trading session conducted by stock exchanges on the occasion of Diwali, marking the start of the new Samvat year.

During the Samvat year 2080 that ended on Thursday, the BSE Sensex jumped 14,484.38 points, or 22.31 per cent, while the Nifty climbed 4,780 points, or 24.60 per cent. Global markets were mixed as European shares rose in early trade. Most Asian markets closed with losses.

Japan’s benchmark Nikkei 225 dropped 2.6 per cent, the Shanghai Composite slipped 0.2 per cent and South Korea’s Kospi lost 0.5 per cent. Hong Kong’s Hang Seng index added 0.9 per cent.

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NSE To Conduct Diwali Muhurat Trading On November 1 https://thenewshub.in/2024/10/20/nse-to-conduct-diwali-muhurat-trading-on-november-1/ https://thenewshub.in/2024/10/20/nse-to-conduct-diwali-muhurat-trading-on-november-1/?noamp=mobile#respond Sun, 20 Oct 2024 14:57:00 +0000 https://thenewshub.in/2024/10/20/nse-to-conduct-diwali-muhurat-trading-on-november-1/

New Delhi: The National Stock Exchanges (NSE) has announced Diwali Muhurat Trading to be held on November 1, marking the commencement of the Hindu Calendar year Samvat 2081. This year Diwali, the festival of lights, will be celebrated on October 31 and a special window for the Diwali Muhurat Trading will commence on 6 pm and go on till 7 pm the next day.

Due to the Diwali festival, the stock markets will be closed for normal trading but the special window will open for just one hour in the evening. The NSE in a circular today said, “A special live trading session shall be held on Friday, November 1, 2024 on account of Muhurt trading on Diwali.” As per NSE, while the normal trading will be conducted between 6 pm to 7 pm,  the trade modification end timing will be 7:10 pm.

Meanwhile, the Bombay Stock Exchange will also conduct special Muhurat Trading on November 1, as per the information available on its website, but the the exchange has not notified the timings.

As per NSE, any buying or selling of stocks done during the special Diwali Muhurat trading session will have to be completed just like any other regular trading day. After the trading, both parties (buyers and sellers) will have to fulfill their responsibilities, meaning the buyer will pay for the stocks and the seller will deliver them as per normal settlement rules.

During this one-hour window, investors placed orders for stocks according to their wishes which they believe to be auspicious and would bring in good returns. Diwali, dedicated to worshipping the Goddess of Wealth, marks an auspicious day for new purchases and people tend to grab onto some form of financial investment.

Also, the purchase of precious metals such as gold and silver, real estate, electronic items, and automobiles, among others, is specially timed by many on this auspicious day.

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Zomato Co-founder Akriti Chopra Resigns After 13-Year Tenure https://thenewshub.in/2024/09/27/zomato-co-founder-akriti-chopra-resigns-after-13-year-tenure/ https://thenewshub.in/2024/09/27/zomato-co-founder-akriti-chopra-resigns-after-13-year-tenure/?noamp=mobile#respond Fri, 27 Sep 2024 16:51:57 +0000 https://thenewshub.in/2024/09/27/zomato-co-founder-akriti-chopra-resigns-after-13-year-tenure/

Last Updated:

Zomato co-founder Akriti Goyal (Image: X)

Designated as senior management personnel, Chopra has tendered her resignation, with effect from September 27, 2024, Zomato said in a regulatory filing.

Online food ordering and delivery platform Zomato on Friday said its co-founder and Chief People Officer Akriti Chopra has resigned to pursue other interests.

Designated as senior management personnel, Chopra has tendered her resignation, with effect from September 27, 2024, Zomato said in a regulatory filing.

She has been with the company for 13 years and played a key role in setting up and scaling Zomato’s legal and finance teams in her previous role as CFO.

Before joining Zomato, she worked with PwC for three years in the tax and regulatory practice.

In January last year, another Zomato co-founder and its then chief technology officer Gunjan Patidar resigned after over a decade stint in the company. Before that in November 2022, another co-founder Mohit Gupta had resigned. Gupta was elevated to co-founder level in 2020 from the position of CEO of its food delivery business.

(This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI)

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