Tag: BSE Sensex
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Healthy Q2 results, rupee push indices higher; banking stocks rise
Mumbai : A positive start to the second quarter results season, along with a stable rupee and low crude oil prices, pushed both the key equity indices — S&P BSE Sensex and NSE Nifty50 — higher for the third consecutive session on Tuesday. The day’s trade saw all sectors close on a high note led…
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Equity indices rise for 6th straight week; IT stocks gain (Market Review)
By Rituraj Baruah, Mumbai : Firm global cues lifted the Indian equity market for the sixth consecutive week as both the key indices — S&P BSE Sensex and the NSE Nifty50 — rose by over one per cent during the August 27-31 period. Accordingly, the BSE Sensex hit an all time high of 38,989.65 points…
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Healthy macro data, prediction of monsoon recovery lift equity indices
Mumbai : The key Indian equity indices — S&P BSE Sensex and NSE Nifty50 — rose over 1 per cent each on Friday supported by a healthy macro economic data and prediction of recovery in monsoon rains. Market observers cited broadly positive global indices coupled with lower crude oil prices as other factors which buoyed…
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Q1 earnings, GST cuts lift equity indices to fresh benchmarks (Market Review)
By Rituraj Baruah, Mumbai : With healthy quarterly earnings, tax-rate cuts on over 50 consumer items, domestic investor sentiments firmed up in the week ended Friday making the equity indices set new records and benchmarks every other day. On Friday, both the S&P BSE Sensex and NSE Nifty50 settled at their respective highest closing levels…
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Equity indices continue to set fresh benchmarks on firm Q1 results
Mumbai : Supported by healthy corporate earnings and firm global cues, the domestic equity market continued its bull run on Friday with the S&P BSE Sensex and the NSE Nifty50 hitting fresh intra-day highs and ending at new closing benchmarks. Both the Sensex and Nifty50 settled at their respective highest closing levels of 37,336.85 points…
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GST cuts bring cheers to equity market; Sensex hits record high
Mumbai : Healthy buying in banking, FMCG and consumer durable stocks lifted the key Indian equity indices on Monday with the BSE Sensex setting a fresh benchmark of 36,749.69 points by the fag end of the day’s trade. Investor sentiments were boosted after Goods and Services Tax on many items including electronic appliances were slashed…
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Erasing gains equity indices end flat; Sensex retreats from fresh benchmark
Mumbai : From the BSE Sensex hitting a new record high earlier in the day, to closing on a flat-to-negative note, the key Indian equity indices saw a very volatile trade on Friday. Although the market had opened on a positive note in continuation with Thursday’s bull run helping the Sensex touch a fresh all-time…
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Firm global cues, hopes of healthy Q1 earnings lift equity indices
Mumbai : Positive global markets supported the key Indian equity indices on Tuesday with the BSE Sensex gaining over 300 points higher. According to market observers, optimism over the quarterly earnings for the April-June period starting later in the day also strengthened investor sentiments. Index-wise, the broader Nifty50 of the National Stock Exchange (NSE) closed…
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Equities surged on IMD’s monsoon forecast, healthy IT earnings (Market Review)
By Rituraj Baruah and Porisma P.Gogoi, Mumbai : Forecast of normal monsoon rains, along with healthy earnings in the IT sector, lifted the Indian equity markets during the week ended Friday. Besides, supportive global cues, coupled with expectations of healthy corporate earnings, led the two equity indices — the BSE Sensex and the NSE Nifty50…
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Equities extend gains on healthy macro-data, global cues (Market Review)
By Porisma P. Gogoi, Mumbai : Key Indian equity indices — the BSE Sensex and NSE Nifty50 — extended their gains for the third consecutive week as healthy macro-economic data, along with firm global cues on the back of fading trade war fears boosted investors’ sentiments. On a weekly basis, the barometer 30-scrip Sensitive Index…