Solid Rally: Nifty PSE Index soars 3%, PFC, REC surge over 6%
9 months ago

Solid Rally: Nifty PSE Index soars 3%, PFC, REC surge over 6%

Live Mint  

Following a period of notable declines in recent weeks, PSU stocks have rebounded strongly in today's trading session, registering gains of over 6.5%. Power Finance Corporation saw a significant surge of nearly 6.8%, reaching an intraday peak of ₹385.85 per share, marking an end to a four-day decline. OMC stocks extend gains OMC stocks such as BPCL, IOC, and HPCL are also experiencing a surge in trading, extending their winning streak for the second consecutive day with gains of up to 4.5%. These stocks faced downward pressure last week amid concerns among investors that companies' profit margins would be affected in the near term due to the recent reduction in petrol and diesel prices by ₹2 per litre. In its latest update, Japanese brokerage firm Nomura has raised its rating on HPCL from 'neutral' to 'buy' and increased its target price to ₹570 per share from ₹305.

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Stock Market Today: Sensex, Nifty 50 rally 1% each on Maharashtra poll outcome; investors mint ₹7 lakh crore
4 weeks, 1 day ago

Stock Market Today: Sensex, Nifty 50 rally 1% each on Maharashtra poll outcome; investors mint ₹7 lakh crore

Live Mint  

Indian stock markets ended another day in the green, with the BJP and its allies securing a decisive win in the Maharashtra state elections. The broader market saw sharp gains as well, with the Nifty Midcap 100 index rising by 1.61%, settling at 55,902 points, while the Nifty Smallcap 100 index recorded a similar gain of 2.09%, closing at 18,127 …

Share Market Today: Sensex, Nifty Hit All-Time Highs Ahead Of Lok Sabha Results. PSU Banks Jump 8%
6 months, 3 weeks ago

Share Market Today: Sensex, Nifty Hit All-Time Highs Ahead Of Lok Sabha Results. PSU Banks Jump 8%

ABP News  

Share market today: The two key equity benchmarks, Sensex and Nifty, hit record all-time high just one-day ahead of Lok Sabha elections counting since 2009. The last time the benchmarks posted their biggest single-day rally ahead of election results was in 2009, when Sensex and Nifty rose 2.46 per cent. Sectoral update Sectorwise, Nifty PSU Bank index jumped over 8 …

Market falls for 5th straight session; investors lose about ₹15 lakh crore
1 year, 1 month ago

Market falls for 5th straight session; investors lose about ₹15 lakh crore

Live Mint  

Nifty 50 today: Key equity indices Nifty 50 and the Sensex closed in the negative territory for the fifth consecutive session on Wednesday, October 25, amid mixed global cues as concerns over the ongoing Israel-Hamas war keep investors nervous about riskier equities while unimpressive Q2 earnings and gains in US Treasury yields also weighed on sentiment. Nifty 50 today closed …

MARKET WRAP: Indices gain for 3rd day, Sensex up 86 pts; PSU banks rally
4 years, 4 months ago

MARKET WRAP: Indices gain for 3rd day, Sensex up 86 pts; PSU banks rally

Business Standard  

The benchmark indices ended in the positive territory for the third consecutive session on Wednesday, led by buying in Reliance Industries, HDFC Bank, ICICI Bank, and Bharti Airtel. In the broader market, the S&P BSE MidCap index ended at 14,741.42, up 0.6 per cent while the S&P BSE SmallCap index gained over 1 per cent to 14,318 levels. Buzzing stocks …

Sensex surges 548 points amid broad-based buying; Nifty ends above 10,900
4 years, 5 months ago

Sensex surges 548 points amid broad-based buying; Nifty ends above 10,900

Business Standard  

The Indian stock market ended 1.5 per cent higher on Friday, led by buying in Reliance Industries, HDFC Bank, ICICI Bank, and HUL. The S&P BSE Sensex settled 548 points or 1.5 per cent higher at 37,020 levels. Nifty PSU Bank index rose 1.83 per cent to 1,431.60 levels while the Nifty Bank ended 1.7 per cent higher at 21,967 …

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