Sensex rises 125 points, Nifty nears 17,000; RIL, Maruti shine

[ad_1] Equity benchmark Sensex climbed 126 points on March 27, propped up by buying in index heavyweights Reliance Industries, Maruti and SBI amid a higher opening in European equities. The 30-share BSE Sensex climbed 126.76 points or 0.22% to finish at 57,653.86. During the day, it jumped 492.45 points or 0.85% to 58,019.55. The broader […]

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Markets fall nearly 1% amid weak trend in global equities; Nifty slips below 17k

[ad_1] Equity benchmark indices Sensex and Nifty buckled under selling pressure for the second straight session to settle nearly 1 per cent lower on Friday as investors pared exposure to the metal, energy and realty stocks amid a bearish trend in Asian and European markets. Besides, a depreciating rupee against the U.S. dollar and fresh […]

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Sensex, Nifty rebound nearly 1% on firm global trends, buying in Reliance

[ad_1] File image. | Photo Credit: Reuters Benchmark Sensex and Nifty rebounded nearly 1% at close on Tuesday amid firm trends in global equities and buying in index major Reliance Industries and banking stocks. The 30-share BSE Sensex climbed 445.73 points or 0.77% to settle at 58,074.68. During the day, it rallied 504.38 points or […]

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Sensex sheds 360 points, Nifty closes below 17,000 amid global rout in equities

[ad_1] File image. | Photo Credit: Reuters Benchmark Sensex declined by 360 points while the Nifty closed below the 17,000-level on March 20 due to a sell-off in financials, IT and capital goods shares amid a global rout in equities on lingering worries over the banking crisis. The 30-share BSE Sensex declined by 360.95 points […]

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Credit Suisse shares soar after announcing Swiss Central Bank aid

[ad_1] The headquarters of Swiss bank Credit Suisse. | Photo Credit: AP Credit Suisse’s shares have soared 30% after it announced it will move to shore up its finances by borrowing up to nearly $54 billion from the Swiss Central Bank. It’s a massive swing on March 16 after its shares plunged 30% on the […]

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Credit Suisse to borrow $54 billion from Swiss central bank

[ad_1] Swiss bank Credit Suisse said on March 16 it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the United States. Credit Suisse said it would exercise an option to […]

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Sensex sinks below 58,000, Nifty tests 17,000 in 4th straight day of losses

[ad_1] File. | Photo Credit: The Hindu Benchmark BSE Sensex declined nearly 340 points to close below the 58,000 level on March 14, marking its fourth straight day of losses as auto, IT and financial stocks wilted amid concerns over the fallout of failure of two U.S.-based banks. The 30-share BSE Sensex fell 337.66 points […]

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Sensex rises over 120 points on fag-end buying; Nifty closes above 17,750

[ad_1] Rising for the third straight session, equity benchmark Sensex closed higher by 123 points on March 8, propped up by robust fag-end buying in banking and financial stocks amid a bearish trend in global equity markets. Besides, covering-up of short positions by bears supported the late recovery in stocks, helped wipe off losses, traders […]

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Sensex, Nifty close higher for second day on gains in global equities; IT, financials shares advance

[ad_1] File. | Photo Credit: Paul Noronha Benchmark indices Sensex and Nifty advanced for a second session in a row on March 6 on gains in IT, banking and auto stocks following strong global trends. The 30-share BSE benchmark rose by 415.49 points or 0.69% to close at 60,224.46 with 25 of its constituents ending […]

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Sensex rallies nearly 900 points; Nifty jumps over 272 points on firm global trends

[ad_1] File. | Photo Credit: Paul Noronha The Sensex jumped nearly 900 points and the Nifty rallied over 272 points on March 3, bouncing back from the previous day’s fall, following a positive trend in global equities and fresh foreign fund inflows. The BSE Sensex rallied 899.62 points or 1.53% to end at 59,808.97 after […]

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