- Tag results for stock market
It can be noted that on May 4, 2018, Sebi had allowed both BSE and the NSE to extend their equity trading timings to 1700 hrs from the present 1530 hrs from October 1 this year.
The 30-share BSE index gained 159.93 points or 0.42 per cent in opening trade but soon turned choppy falling 37.10 points, or 0.10 per cent, to 37,548.41.
The BSE 30-share barometer dropped 366.52 points, or 0.96 per cent, to 37,724.12 driven by losses in index majors Axis Bank, SBI, Asian Paint, Tata Motors, HDFC and HDFC Bank.
Macroeconomic data announced during the week as well the news of the Prime Minister’s impending meeting on Saturday have been positive for the markets.
The 51-scrip Nifty50 at the National Stock Exchange (NSE) opened at 11,443.50 points, against its previous close of 11,369.90 points.
A combination of global and domestic factors have affected investor sentiment, with the benchmark indices registering around 500 points decline in the last two days.
The index of industrial production for the month of July will be announced Wednesday, as will the inflation rate based on the Consumer Price Index for August.
The rupee’s movement against the US dollar, crude oil prices and global trends are likely to chart the stock market’s course this week, say experts.
The plan is the latest move to tighten government oversight over the country's fast-growing and highly popular video game industry -- and a new blow to their stock market fortunes.
The Indian rupee plunged to a new life-time low of 70.85 against the dollar (intra-day) today.
Infosys and Tata Consultancy Services, India's largest software services exporters, saw their shares rise to all-time highs with gains of up to 1.62 per cent 0.69 per cent respectively.
The BSE Sensex surged over 442 points to close at its life-time high of 38,694.11 and the broader NSE Nifty ended at a fresh record of 11,691.95, rising 134.85 points.
The broader NSE Nifty also rose 11.85 points or 0.10 per cent to finish at 11,582.75 -- surpassing its previous record closing of 11,570.90 hit on August 21.
Ranganath’s surprise decision after working with the company for over 18 years had raised questions regarding the stability at India’s second largest IT services firm.
Indian markets seem to have gathered momentum after snapping their two-day losing streak, with benchmark indices BSE Sensex and NSE Nifty 50 scaling fresh lifetime highs on Friday.