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Sensex and Nifty Break Records: Sensex Opens at 80,322, Nifty at 24,369

Stock Market News: Indian stock markets scaled new heights on Thursday, as both the Sensex and Nifty opened at record highs. The Sensex opened at 80,322 points, while the Nifty opened at 24,369 points. This comes after a remarkable surge of more than 3,000 points for the Sensex since June 10th.

Market analysts attribute the rally to a combination of factors, including positive global cues and upbeat domestic investor sentiment. The ongoing earnings season for Indian companies has also been positive, with many companies reporting strong financial results. This has boosted investor confidence and led to increased buying activity in the stock markets.

Sensex opens at 80,322, Nifty at 24,369 as Indian markets hit record highs

Read @ANI Story | https://t.co/PcWiAeGEzt #Sensex #Nifty #Stockmarket pic.twitter.com/oKFH7Vr1Px
— ANI Digital (@ani_digital) July 4, 2024

Experts believe that the Indian stock market rally is likely to continue shortly. They cite several factors that could support further gains, such as continued positive sentiment from global markets, healthy corporate earnings, and a stable economic outlook in India.

Sensex-Nifty returned from red to green mark as soon as the stock market opened, Nifty crossed 18,500

The stock market was slow to start trading on Monday but subsequently picked up, thanks to foreign capital inflows and a decline in crude oil prices. The 30-share Sensex index of the BSE stood at 62,309.45 around this time, up just 15.81 points. The NSE Nifty, a wider index, increased five points to 18,517.75. Later, both indexes increased. The Sensex was up 179.64 points at 62,473.28 as of the time of writing this story, and the Nifty was up 24.85 points at 18,557.25.

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On Friday, the Nifty closed at 18,512.75, up 28.65 points or 0.15 percent, and the Sensex closed 20.96 points or 0.03 percent higher at 62,293.64.

Top gainers and losers

The following companies saw gains: Wipro, Eicher Motors, Divis Labs, Bharti Airtel, Kotak Mahindra, HDFC Life, Axis Bank, PowerGrid, and Sun Pharma. The following companies saw losses: BPCL, SBI Life, Hero MotoCorp, Reliance, Bajaj Auto, Tata Motors, Asian Paint, Bajaj Finserv, UPL, Tech Mahindra, Bajaj Finance, Maruti Suzuki, UltraTech Cement.

Fall in rupee

On Monday, the rupee began the day by losing ground to the dollar. In the very first trade, the rupee lost 6 paise to reach 81.77 against the dollar. The rupee opened lower against the dollar at 81.81, according to the Interbank Foreign Exchange, before rising to 81.77. The performance of the rupee against the dollar earlier in Friday’s session was poor; it closed at 81.71, down 6 paise.

Big fall on the last trading day of the week, these stocks suffered the most

The national benchmark index experienced a significant fall on the final trading day of the week. Investors have experienced a loss of nearly Rs 4 lakh crore as a result of this decline in the benchmark. The market capitalization of businesses on the BSE has decreased to Rs 277.58 lakh crore.

The Sensex has dropped 1020.80 points to a level of 58,098.92 as of Friday’s market closing. It fell by 1.73 percent. The Nifty index, on the other hand, also fell by 302 points. It decreased and ended the day at 17327.35 points. Nifty Media, Nifty Firm, and Nifty Metal all experienced slight rises relative to the industry. The Nifty Bank, Nifty Realty, Nifty Realty, and Nifty Energy index, on the other hand, had a loss of roughly 1%.

These stocks were the biggest losers

Power Grid, Tech Mahindra, HDFC Twins, IndusInd Bank, Axis Bank, Kotak Bank, and NTPC were the greatest declines, while shares of Tata Steel, HUL, Infosys, HCL Tech, Titan, ITC, and Sun Pharma performed well.

Decrease in liquidity

It has been 40 months since banking liquidity decreased. The RBI released Rs 50,000 crore on Thursday under the Variable Rate Repo program to enhance liquidity (VRR). Due to the advanced tax deposit system’s withdrawal of money, an increase in credit demand, and a slowdown in deposit growth, liquidity has decreased.

Shares of Tata Steel rose 2%

Tata Steel’s stock rose by up to 2% during Friday’s trading session. This strength became apparent when word spread that the company’s board had approved the merger of six Tata Group entities with Tata Steel. On Friday, shares of Hero MotoCorp were also observed trading in the negative territory. Explain that starting on September 22, the corporation will be raising the price of their automobiles.

Share Market Today: The upsurge in the stock market continues, the Sensex climbed more than 113 points, and the Nifty also rose

The stock market‘s volatility is still present. The Sensex increased by more than 113 points in early trading as the global stock markets showed a mixed trend. With this, the equity benchmark’s trading on Friday got off to a good start. Early trading saw the 30-share BSE index rise 113.2 points to 60,411.20. NSE Nifty increased 35.7 points at the same time to 17,992.20. However, the benchmark indices for Sensex and Nifty thereafter became erratic.

Mid-afternoon sessions in Asia saw Seoul and Shanghai markets trading down, while Tokyo and Hong Kong markets were trading higher. Let us say that on Thursday, Wall Street’s markets closed higher. The Nifty was up 12.25 points or 0.07 percent at 17,956.50 at the same time as the benchmark BSE index closed at 60,298 with a gain of 37.87 points or 0.06 percent.

Sensex top losers and gainers

The top gainers in the early session on the Sensex pack included Tech Mahindra, Kotak Mahindra Bank, Wipro, Tata Consultancy Services, Larsen & Toubro, and HCL Technologies, Infosys, Titan, Sun Pharma, and UltraTech Cement. IndusInd Bank, Power Grid, ICICI Bank, NTPC, and State Bank of India were among the biggest losers, on the other hand.

Share Market: Recovery continues after a fall in early trading on Tuesday, these stocks fell; Rupee breaks at lower level

The key stock index BSE Sensex began 340.76 points lower at 54,054.47 in early trade on Tuesday as a result of weakness in global markets. NSE Nifty opened at 16,143.35 while losing 72.65 points at the same time. However, a comeback is now apparent after the market’s decline up to 11 a.m. in the morning. Sensex has broken 186.75 points and is currently trading at 54,208.48. NSE Nifty is down 70.85 points at 16,145.15 at the same time.

These stocks saw a decline

Top Sensex losers included Tata Steel, Titan, Bajaj Finserv, HDFC, UltraTech Cement, Nestle, Bajaj Finance, and ICICI Bank. In contrast, NTPC, Wipro, Tata Consultancy Services, and Bharti Airtel all had positive returns. In other Asian markets, stocks were trading at lower prices in Shanghai, Tokyo, Seoul, and Hong Kong. US stocks closed Monday with a loss. On Monday, shares owned by foreign institutional investors were sold for a net amount of Rs 170.51 crore, according to preliminary stock market statistics.

Sensex down by 257.99, currently trading at 54,137.24. Nifty slips by 85.25, currently at 16,130.75. pic.twitter.com/0xNZW6wg20
— ANI (@ANI) July 12, 2022

Rupee breaks to record low level

Due to a decline in the domestic equity market and a firming US currency abroad, the rupee on Tuesday dropped 13 paise to 79.58 against the US dollar in early trade. Additionally, ongoing sales of foreign currency and a rise in the price of crude oil, according to forex traders, placed pressure on the local currency.

The Indian rupee depreciated 13 paise over the previous closing price, falling from 79.55 to 79.58 versus the US dollar in the interbank foreign currency market. The US dollar’s performance against the other six major currencies is gauged by the dollar index, which rose 0.27 percent to 108.31.

Stock market falls sharply, Nifty and Sensex open on a negative note

Due to the continuous bad signals from the global market, the Indian stock market opened again today with a fall. On Thursday, May 12, the 30-point Sensex is trading at 53,320.83, down 867 points. While the 50-point Nifty opened at the level of 210 points 15,956.45. Many stocks have collapsed in early trading. In such a situation, there is only a possibility of a decline in the trading session of the day.

The banking sector has given good returns in some trading sessions, so the eyes of the investors will remain on this sector. The rupee, meanwhile, is also declining. The Indian rupee has declined by 23 paise to 77.46.

Earlier on Wednesday, Sensex slipped 276.46 points to close at 54088.39 after the day’s volatility, while Nifty lost 72.95 points to close at 16167.10. However, the shares of the banking sector were seen in good condition. In yesterday’s trading session, there were times when the Nifty was on the surface of going below 16,000. But the banking sector saved its strong support level.

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Share Market Today: The rise in the stock market, Sensex up by more than 200 points, Nifty near 17300

Despite the last 34 days of war between Russia and Ukraine and the rise in crude oil prices, the stock market around the world continues to fluctuate. In India, this is also affecting the stock market. As we begin our second trading week, Indian stock markets are booming. The Sensex opened today with a jump of 209 points at 57,803 levels. The Nifty began trading at 17285 levels with a gain of 63 points.

Today, a total of 1,479 stocks started trading on the BSE, out of which 899 opened up for trading, and 474 fell. At the same time, 106 companies opened their shares without increasing or decreasing. Currently, 48 shares of the company are trading at 52-week highs and 6 at 52-week lows. 83 shares have a higher circuit since morning, while 93 shares have a lower circuit.

Except for the metal, media, and oil and gas sectors, all other sectoral indices are trading with a bullish trend today. Business is good for financial, auto, and bank stocks. All three Nifty indices are up around half a percent. The IT, Pharma, Metal, FMCG, and Realty indices are also in the black.

Monday’s closing price of the Sensex was 57,593 with a gain of 231 points, while the Nifty was 17,222 with a gain of 69 points.

Share Market Today: Share market rises, Sensex rises 200 points, Nifty is close to 17300

Since the war between Russia and Ukraine has been ongoing for one month, the stock market around the world continues to fluctuate. In India, the stock market is also not untouched by this. However, on the fifth and final day of this trading week, the Indian stock markets open with a surge. Sensex opened 226 points up at 57,804 points, while Nifty gained 67 points to open at 17,289 points. This momentum, however, did not last long.

BSE started trading today in 1,460 companies, out of which about 1,003 opened up and 381 declined. 76 companies opened their shares unchanged at the same time. Today, 52 shares are trading at 52-week highs and 6 shares are trading at 52-week lows. Since morning, 102 shares have been trading upper circuit and 68 shares have been trading lower circuit.

Sensex stocks are trading on the green mark in 16 out of 30 cases. 14 is trading for the red mark. Out of 50 stocks in the Nifty, 28 are trading in the green while 22 are trading in the red.

The stock market is seeing gains in sectors such as Banking, Auto, IT, Pharma, Real Estate, Metals, Energy, and Commodities. Small- and mid-cap stocks are being bought. Pharma and FMCG are experiencing declines.

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Stock Market News: Sensex rose 800 points as soon as it opened, Nifty again crosses 17 thousand

For a second consecutive day, the Indian stock market rose sharply on Thursday. When the Sensex opened, it soared over 800, while the Nifty crossed 17,000 for the first time.

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This morning, Sensex gained 803 points to open at 57,620. As with Nifty, it opened at 17,203, up 228 points from its previous close. Today, investors’ confidence in the market was high, and they continued to buy. The Sensex rose 748 points to 57,564 by 9.35 am, while the Nifty rose 212 points to 17,187.

What was the sector’s performance?

The green mark was seen in almost all BSE sectors today. As of the beginning of trading, 1,676 shares were showing gains, while 331 shares were declining and 66 shares showed no change. The banking, capital goods, real estate, FMCG, pharmaceuticals, and PSU sectors have all seen growth of more than one percent.

Investing fiercely in these stocks

Today, investors bet heavily on banking stocks. Following this development, HDFC, UltraTech Cement, Axis Bank, Shree Cements, and Bajaj Finance saw their shares rise sharply. ONGC and IOC shares were suffering as a result.

Asian markets also opened up rapidly

On Thursday morning, Asian stock markets opened with gains. Singapore’s stock exchange is up 1.62 percent, while the Nikkei is up 3.59 percent. In addition, the South Korean stock exchange rose by 1.82 percent today.

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Share Markets News: The stock market was beaten in the opening itself, Sensex fell by more than 1,500 points

The Russia-Ukraine war has worsened the situation on global markets. On Monday, the stock markets in the United States saw a tremendous decline. The BSE Sensex fell 1,300 points with the opening of trading. However, the index fell by more than 1,500 points by 9.32. During this time, it was running at a level of 52,799.76. The index recorded a drop of 1,534.05 points or 2.82%. In the meantime, the NSE Nifty traded at 15,813.10. It also dropped by 432.25 points or 2.66%.

Sensex and Nifty lost nearly three percent in early trade on Monday due to weakened global markets and rising crude oil prices. The stock markets fell for the fourth straight trading session on Monday.

In the Sensex, Maruti Suzuki, Mahindra & Mahindra, Larsen & Toubro, and ICICI Bank were the biggest losers.

As of the last trading session, the Sensex closed at 54,333.81 with a loss of 768.87 points, or 1.40 percent. On the NSE, the Nifty was down 252.70 points or 1.53 percent and closed at 16,245.35.

Tokyo, Shanghai, and Hong Kong were all in the red among other Asian markets. In the meantime, Brent crude oil rose 8.84 percent to $128.6 per barrel. According to provisional data from the stock market, foreign institutional investors sold shares worth a net of Rs 7,631.02 crore on Friday.