News

MUMBAI: Tracking global rally triggered by ECB stimulus, the benchmark BSE Sensex on Friday surged by 272.82 points to set a fresh record high of over 29,408 points and NSE Nifty breached the 8,800-level for the first time. The 30-share index, however, pared some gains to settle the day all-time closing high of 29,278.84, up Read More

Indian stock markets rose nearly 4% led by comments from International Monetary Fund and ECB stimulus which pushed markets to mark fresh record closing high. Major Headlines for the week: FM Jaitley to present FY16 budget on February 28 ITC Q3: Big Miss on Topline HUL Q3 net profit up 18% Read More

Options traders are buying the most protection against losses in 14 months as Indian stocks rallied to a record for a second straight day. The ratio of outstanding CNX Nifty index puts to calls rose to 1.40 at 3:50 p.m. in Mumbai, the highest since Oct. 31, 2013, according to data compiled by Bloomberg. The Read More

Mumbai, Jan 23 (IANS) A day after the European Central Bank (ECB) announced a mega bond buying program, a benchmark index of Indian equities markets Friday scaled a new peak of 29,408.73 points in the intra-day trade. The new high of 29,408.73 points surpassed the previous record of 29,060.41 points breached in Thursday’s intra-day trade. Read More

The Bombay Stock Exchange (BSE) Sensex scaled another peak of 29,389.18 and the NSE Nifty Futures Nifty breached the 8,800-mark for the first time in opening trade on Friday, extending their bull run for the seventh straight session, driven by positive global cues triggered by European Central Bank’s stimulus measures. Brokers said apart from strong Read More

Mumbai, Jan 22 (IANS) A benchmark index of Indian equities markets recorded a new high of 29,060.41 points in Thursday’s intra-day trade ahead of a possible European Central Bank (ECB) stimulus announcement. The barometer index closed at a new high of 29,006.02 points, up 117.16 points or 0.41 percent from its previous close of 28,888.86 Read More

MUMBAI: The benchmark BSE Sensex and the NSE Nifty hit their new all-time peaks of 28,958.10 and 8,741.85 respectively on sustained funds inflows amid pre-budget optimism among participants. The 30-share index resumed higher at 28,843.09 and firmed up further to an all-time intra-day high of 28,958.10, before closing at a fresh record of 28,888.86, rising Read More

Mumbai, Jan 21 (IANS) Positive cues ahead of a possible European Central Bank (ECB) stimulus led the two benchmark indices of Indian equities market to touch new highs in intra-day trade Wednesday. The barometer index of the Indian equities market, the S&P BSE Sensex, touched a new high of 28,958.10 in intra-day trade, crossing its Read More

(RTTNews.com) – India’s key benchmark indexes hit fresh record highs on Wednesday, with the Nifty index closing above 8,700 for the first time on the back of strong foreign fund flows amid growing optimism that a low interest rate regime will kick-start the investment cycle. The BSE Sensex and Read More

Mumbai, Jan 20 (IANS) Positive European cues ahead of a possible European Central Bank (ECB) stimulus and bullish investor sentiment on the back of further reforms announcement in the upcoming budget, led the two major benchmark indices of the Indian equities to make healthy gains in the mid-afternoon trade session Tuesday. Both the S&P Bombay Read More

The benchmark Bombay Stock Exchange Sensex and the NSE Nifty rose nearly 2 per cent to a record high on Tuesday, gaining for a fourth straight session, as blue chip stocks gained on hopes about the domestic economy, while strong global cues also helped. The benchmark 30-share BSE barometer rose 1.85 per cent to 28,784,67. Read More

The Nifty index, the bluechip benchmark of 50 stocks, hit a record high on Tuesday, surpassing its previous high of 8,626.95 hit on December 4, 2014. At its day high, the Nifty touched 8,662.75, gaining over 100 points. The BSE Sensex rose nearly 400 points to 28,658. It is now trading close to Read More

Options traders in India increased bearish bets to a 14-month high as they brace for greater volatility before the federal budget. The ratio of outstanding CNX Nifty index puts versus calls rose to 1.38 at 12:46 p.m., the highest since Oct. 31, 2013, according to data compiled by Bloomberg. The India VIX Index fell 4.3 Read More

Indian stock-index futures swung between gains and losses after benchmark gauges advanced to the highest level in six weeks. SGX CNX Nifty Index (NIFTY) futures for January delivery added less than 0.1 percent to 8,589 at 9:31 a.m. in Singapore. The underlying CNX Nifty Index climbed 0.4 percent to 8,550.70 yesterday, the highest close since Read More

Extending its rising streak for the third straight session, the benchmark BSE Sensex surged over 140 points to close at 28,262.01, led by gains in IT major Wipro and financial stocks on encouraging earnings. The BSE 30-share Sensex resumed on a strong footing at 28,249.84 and continued its upward journey to touch the day’s high Read More

MUMBAI (Reuters) – The Nifty rose for a third consecutive session on Monday to mark its highest level in nearly 1-1/2 months, as Wipro surged on strong earnings, while lenders rose on continued optimism the Reserve Bank of India’s surprise rate cut last week would revive credit growth. The NSE bank index rose as much Read More

India’s benchmark gauge of protection against stock market swings climbed to a one-week high amid the longest stretch of index option purchases by foreigners in seven years. The India VIX Index rose 2.2 percent to 17.65 at 11:59 a.m. in Mumbai, poised for a one-week high. Foreign investors bought a net $ 84.9 million of Read More

Indian stock-index futures rose after the benchmark gauges capped their steepest weekly increase in two months. Reliance Industries (RIL) Ltd. and Wipro (WPRO) Ltd. may be active after reporting quarterly results. SGX CNX Nifty Index (NIFTY) futures for January delivery advanced 0.6 percent to 8,574 as of 10:31 a.m. in Singapore. The underlying CNX Nifty Read More

Rajan made indices surge. ECB’s Draghi is expected to cheer markets this week If the first month of the year is anything to go by, 2015 promises to be an action-packed one. All the past excesses in the Eurozone are coming home to roost, roiling financial markets. After Greece threatening to exit the Eurozone, it Read More

MUMBAI (Reuters) – The BSE Sensex and Nifty were little changed on Friday after posting their biggest daily gain in eight months in the previous session as gains in foreign infrastructure stocks such as Larsen & Toubro (LART.NS) were offset by falls in technology stocks while banks declined on profit-taking. Gains were also capped on Read More

8