Stock Market Archives - Talk To Iconic

Indian stock market improved on Friday after sharp fall on Thursday, Sensex jumps

Indian stock markets rebounded on Friday after experiencing a significant drop on Thursday. The recovery brought a sense of relief as key indices regained lost ground.

The Nifty index climbed back above 24,000, and the Sensex saw an impressive rise of over 300 points. Early trading on Friday reflected this positive momentum. The BSE Sensex gained 216.18 points, reaching 79,259.92, while the NSE Nifty rose 78.6 points to settle at 23,992.75.

At the market’s opening, the Nifty 50 index recorded a slight increase of 13 points, or 0.05%, reaching 23,927.15. Meanwhile, the BSE Sensex started with a minor drop of 10 points, or 0.01%, at 79,032.99 but quickly turned positive.

On the currency front, the Indian rupee weakened slightly, trading at 84.49 against the US dollar, a two-paise drop in early trading.

Stock Market Continues to Decline, Sensex and Nifty Start in the Red

The domestic stock market witnessed another day of decline as trading began on a red mark on Monday. By 9:59 AM, the Bombay Stock Exchange (BSE) Sensex had dropped significantly by 393.74 points, trading at 77,186.57.

Similarly, the National Stock Exchange (NSE) Nifty also saw a decline, falling 132 points to trade at 23,400.70. However, Nifty Bank showed a contrasting trend, trading in positive territory at 50,248.25 with a gain of 68.7 points.

In the broader Asia-Pacific region, most stock markets were performing positively on Monday. Key economic updates from Asia this week include China’s Loan Prime Rate (LPR), scheduled for release on Wednesday. Analysts expect no changes in the LPR, which currently stands at 3.1% for one year and 3.6% for five years.

Other significant data releases this week include Japan’s trade figures on Tuesday and core inflation numbers for October on Friday. Additionally, Australia’s central bank is set to release the minutes from its latest meeting on Tuesday.

Foreign investors return to Indian stocks with net investment of Rs 4897 cr this week

This week (August 19–23), foreign investors returned to the Indian stock market in a big way.

The National Securities Depository Limited (NSDL) reports that foreign investors bought equity worth a net total of Rs 4,897.16 crore.

Comparing this to the previous week (August 12–17), when foreign portfolio investors were net sellers, selling stocks worth Rs 7,769.73 crore, is a big difference.

Foreign investors return to Indian stocks with net investment of Rs 4897 cr this week

Read @ANI Story | https://t.co/NsF3sJvnE0 #FPI #Investment #Stocks pic.twitter.com/Nuf0kliBDv
— ANI Digital (@ani_digital) August 24, 2024

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.

New T+1 settlement rules apply for stock market investors, now it is possible to buy and sell shares within 24 hours

New T+1 Settlement Rules: For stock market investors, there is some extremely important news. You will find it simpler to transact business starting today.

Related Post – Top Free Backlink Checker Tools (Free and Paid)

From January 27, 2023, the T+1 mechanism will be used for deal settlement in the Indian stock market. Currently, the country’s stock market uses the T+3 system, which lengthens the transaction procedure. By using this new procedure, the sale and purchase of shares will be finalized the day after the deal or within 24 hours.

What is the meaning of T+1?

Let me clarify that T here stands for trade day. Currently, the shares or money in an investor’s account take two days (known as T+2) after the transaction. This method enables a transaction to be completed in three days. By this T+1 settlement, the deal will be completed by the next business day.

Small investors will get the benefit

According to experts, T+1 will notably help small investors. The sum of shares will appear in their account the next day if the transaction is completed in a single day. With this, he will be able to acquire fresh shares or sell the ones he has already bought on that particular day.

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.

Related Post – Best Luxury Hair Salons In Kolkata

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.

Patanjali shares have made investors rich, Patanjali to launch 4 new IPOs

Shares of Patanjali Foods are multibagger stocks. This stock has provided investors with multibagger profits in just three years. The company has also set the record date for its dividend, which will be paid on September 26, at Rs 5 per share to shareholders. The Patanjali organization will also be launching 4 IPOs in the near future, according to recent statements made by Baba Ramdev.

In the past three months, Patanjali Foods’ stock has increased by 38%. In the past six months, investors have earned 46% on this stock. In terms of the year 2022, this stock has already generated profits for investors of 56%. In one year, it returned 26% to investors, and in three years, it returned 39,250% multibagger to investors.

Money did 4 times in 3 years

In the past three years, Patanjali Foods has provided investors with incredible profits. Three years ago, an investor put one lakh rupees into this stock; currently, the value of that investment is 3,99,717 rupees. In a similar vein, the investor who put Rupees 1 lakh into Patanjali Foods a year ago now receives Rupees 1,26,000 in return.

Market capitalization crosses 50 thousand crores

Last week, the price of Patanjali Foods Limited’s stock touched Rs 1,415. Its 52-week high is right now. With this, Patanjali’s market capitalization once surpassed the mark of Rupees 50,000 crores. In a press conference last week, Baba Ramdev predicted that Patanjali’s revenue will increase 2.5 times, to Rs 1 lakh crore, during the following five to seven years.

Group to bring 4 new IPOs

In a recent press conference, Baba Ramdev mentioned that the group company Patanjali Foods is now traded on the stock market. Four other group companies will go public in the following five years. The companies that will be listed include Patanjali Ayurved, Patanjali Medicine, Patanjali Lifestyle, and Patanjali Wellness.

After the rise, the stock market fell today, Sensex opened with a fall of 826 points

Stock Market Update: In line with the general market trend and pessimistic attitudes, the domestic stock market began Thursday with a sharp decline. Earlier today, the stock market experienced a significant decrease following a record high in the trading session. The 30-point Sensex fell by 826.54 points to open at 58,710.53 at the beginning of the trading session. The 50-point Nifty also had a significant drop, falling 274 points to start the day at 17,485.70.

Market falling due to recession

On the other side, the worldwide market is showing a downward tendency. The US stock market declined for the fourth day in a row. The Dow Jones has lost roughly 600 points during the past two days, while the Nasdaq has lost 1.5 percent. The worldwide market is experiencing a downturn as a result of the sound of recession and growing inflation. Bond yields in Japan are at an all-time high. The European stock markets are down 1%.

Stocks rose on Tuesday to a record high

The stock market finished with a big surge earlier on Tuesday. A rise of 1,564 points was recorded by the 30-share Sensex at the close of the trading session. It has now been more than three months since the Sensex increased so much in one day. The 30-share Sensex finished the day up 1,564.45 points, at 59,537.07. The National Stock Exchange’s Nifty also increased, rising 446.40 points to settle at 17,759.30.

Big fall in the Indian stock market on Monday, Sensex and Nifty rolled down

There was a commotion as soon as the stock market opened. The first day of the week, Monday sees a significant decline in the Indian stock market. Everywhere there is a sell-off. The Sensex’s 30 stocks are all seeing significant price declines. The news that US Federal Reserve Chief Jerome Powell would maintain a tighter monetary policy than anticipated in order to rein in the inflationary trend caused the market to plummet.

Related Post – Why You Should Hire A Social Media Agency

Following Jerome Powell’s remarks on Friday, the Dow Jones dropped 10008.38 points (3.03%). The Nasdaq dropped 5.12 points (2.74%) to 182.07 USD. The US market is still seeing a significant decrease. The Asian market has also experienced a large decline. The Indian market is now under pressure to sell.

Bloodbath in Indian stocks; US Fed Chair's aggressive monetary policy stance spooks markets

Read @ANI | https://t.co/QEs5yOf8Lh #Sensex #Nifty #StockMarket #USFed #JeromePowell pic.twitter.com/EPHRHvLJ11
— ANI Digital (@ani_digital) August 29, 2022

Auto, banking, and IT stocks beating

Stocks in the banking, IT, and automotive industries have significantly hit today’s market. All of the shares, including those of Maruti, Mahindra, SBI, ICICI, Reliance, Wipro, and Infosys, are currently trading down as much as 2%. India Vicks has increased by nearly 8% at the same time. These are signs of increased market volatility. The Nifty index counters are currently trading in a decline. For now, small investors shouldn’t enter the market in this situation, experts say.

The first trading day of the Indian stock market opened with a green mark, there was a boom in the global markets

The Indian stock market has had a wonderful opening trading day of the week so far. The market started the day’s trading session near the green level and ended it there as well. The Indian markets experienced some volatility earlier on Friday throughout the day’s activity, but the market closed in the green.

The Nifty concluded at 17,525.10 points with a gain of just 127.60 points or 0.73 percent, while the Sensex of the Mumbai Stock Exchange closed at 58,853.07 points with a gain of roughly 465.14 points or 0.80 percent.

Indian stock indices start a fresh week on a steady note

Read @ANI Story | https://t.co/xx3VG5eGBG #BSE #NSE #Sensex #NIFTY #Inflation #StockMarket pic.twitter.com/u4BGDge5fm
— ANI Digital (@ani_digital) August 8, 2022

The Indian market opened with tremendous momentum earlier in the day. The 30-point Sensex opened today’s trading session at 58,417.71, up 29.78 points, or 0.051 percent, while the 50-point Nifty opened at 17,401.50, up 4.00 points, or 0.023 percent. The market is consistently in a positive trend.

Global markets boom

When it comes to the global market, America appears to be re-entering it now. This week has been strong for the US market. On the other side, investors expect inflation to decline after the Fed Reserve raises interest rates, therefore they are aggressively betting in the market. As a result, the NASDAQ, one of the main stock exchanges in America, has increased by 0.41 percent in the most recent trading session.

The stock of LIC is currently declining. After Friday’s increase, it is now providing a drop on Monday. LIC shares fell today and ended the day at 679.70.