Market Trend: The Indian stock market, as represented by the Sensex and Nifty, is experiencing a downward trend. Sensex: The Sensex has lost 280 points, indicating a decline in the overall value of the 30 major stocks it comprises. Nifty: The Nifty, representing the 50 most significant companies on the […]
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Market seems the market is facing some downward pressure. The Indian stock market seems to be experiencing a significant decline today, July 19th, 2024. Sensex: Down 500 points, currently near its day’s low. Nifty: Trading near 24,600. Broader Market: Reports indicate a broad-based selling, meaning most sectors and stocks are […]
Financials: Revenue: Analysts predict a slight sequential increase (around 0.7%) in revenue to ₹37,718 crore but a YoY increase of 9.4%. Profit: The net profit is expected to see a modest rise of 1% sequentially to ₹6,185 crore, translating to a 15% YoY jump. FY24 Guidance: Infosys sharply reduced its […]
The Indian stock market rose today, with the Nifty 50 index closing at a new high of 24,635. The Sensex also gained 290 points. This is positive news for the Indian economy, as it suggests that investors are confident in the country’s future prospects. There are a number of factors […]
The Nifty 50, a stock market index in India, closed higher on Tuesday, July 9th, 2024 forming a long bull candle on the daily chart. This signals a potentially bullish trend for the market. Breakout: Nifty overcoming the resistance level of 24,400 indicates increased buying pressure and bullish sentiment among […]
Sensex: Up 36.45 points (0.05%) to close at 77,337.59. Nifty : Down 41.90 points (0.18%) to close at 23,516.00. Sectoral Performance: Banks and IT were the only gainers, with Bank Nifty up 2% and IT up 0.4%. Auto, capital goods, metal, oil & gas, power, and realty sectors all closed […]
Sensex and Nifty ended the day with modest gains after reaching record highs earlier in the trading session. Sensex closed 204 points higher at 76,811, a rise of 0.27%. Nifty ended 76 points up at 23,399, representing a gain of 0.33%. The markets were initially strong, with Sensex reaching a […]
Indian stock markets closed on a buoyant note on Friday, June 7th, 2024, with both the Sensex and Nifty achieving record highs. Key Highlights: Sensex: The Sensex surged a massive 1,619 points to settle at a record closing of 76693.This marks a significant gain and surpasses the previous record. […]