Sensex, Nifty decline more than 1% on selling in IT, financial shares amid weak global cues

[ad_1] Photo used for representational purpose only. File | Photo Credit: PTI Benchmark stock indices Sensex and Nifty tanked more than 1% on Friday due to heavy selling in IT, financial and oil stocks in line with weak trends in the global markets. The 30-share Sensex tanked 671.15 points or 1.12% to close at 59,135.13, […]

Continue Reading

Ajanta Pharma Board nod for ₹315 cr share buyback

[ad_1] Drugmaker Ajanta Pharma’s board of directors has approved a ₹315 crore share buyback proposal of the company. The company has proposed buyback, through the tender offer process, of 22,10,500 equity shares of face value of ₹2 each at a price of ₹1,425 per share. It said the total pay-out towards the buyback will not […]

Continue Reading

Sensex snaps 3-day winning run; falls 540 points

[ad_1] A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. | File Photo | Photo Credit: REUTERS Equity benchmark Sensex declined nearly 540 points on Thursday, pressured by heavy selling in index heavyweights Reliance Industries, Bajaj Finserv and ICICI Bank amid a […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

Rupee falls 11 paise to close at 82.60 against U.S. dollar

[ad_1] Indian Rupee depreciated by 11 paise to close at 82.60 against USD. | Photo Credit: SUDERSHAN V The rupee depreciated by 11 paise to close at 82.60 (provisional) against the U.S. currency on Thursday as a stronger dollar in the overseas market and a muted trend in domestic equities weighed on investor sentiments. Sustained […]

Continue Reading

Sensex, Nifty bounce back after 8 days of fall; end nearly 1% higher

[ad_1]  In the past eight days, the BSE benchmark had tumbled 2,357.39 points or 3.84%, and the Nifty declined 731.9 points or 4.22%. File | Photo Credit: PTI Stock market benchmarks ended nearly 1% higher on Wednesday, halting their eight days of decline, amid gains in Asian and European equity exchanges. The BSE Sensex advanced […]

Continue Reading

Stock markets end lower for 8th day on the trot as bears tighten grip

[ad_1] Image used for representational purpose only. | Photo Credit: Reuters Benchmark indices Sensex and Nifty continued their slide for the eighth straight day on Tuesday due to selling in oil & gas, pharma and banking stocks amid worries over further interest rate hikes. Mixed global cues, selling by FIIs and caution by investors ahead […]

Continue Reading

Sensex, Nifty close in red for 7th straight session on weak global trends

[ad_1] People walk past the Bombay Stock Exchange building in Mumbai | Photo Credit: PTI Benchmark indices Sensex and Nifty slid for a seventh straight session on Monday, logging their longest losing run in the past five months, following a bearish trend in global markets amid concerns over aggressive rate hikes by developed economies. Fresh […]

Continue Reading