Markets

Sensex up 191 pts intraday, Nifty hits new peak

Benchmark indices were trading in the green during the afternoon on Thursday, supported by realty and oil & gas stocks. After opening on a positive note, benchmarks remained firm, led by gains in heavyweights such as Reliance and HDFC, following positive global cues. At 1 pm, the BSE Sensex was at 52,041.36,up 191.88 points or […]

Markets

Wall Street edges up ahead of key economic data

Wall Street’s main indexes posted slim gains on Wednesday ahead of key U.S. economic data due later in the week as investors weighed inflation concerns and a fresh surge in so-called “meme stocks.” The S&P 500 energy sector, the best-performing group this year, extended its rise, gaining 1.7% as oil prices pushed higher. The materials […]

Markets

Sensex trades higher; Nifty tops 15,650

Equity benchmark Sensex surged over 350 points in early trade on Thursday, tracking gains in index-heavyweights Reliance Industries, HDFC and Infosys amid a largely positive trend in global markets. At 10.30 am, the 30-share BSE index was trading 270.7 points or 0.52 per cent higher at 52,120.18, and the broader NSE Nifty jumped 80.40 points […]

Markets

Indian equities likely to outperform global peers

Indian markets are likely to continue the late-hour momentum of Wednesday into Thursday’s opening session as well. While global cues are positive, the indication from Singapore Nifty signals that Indian markets are likely to outperform Asian and US markets. The SGX Nifty at 15,716 (8 am IST) indicates close to a 100-point gap-up opening for […]