Key Points
nearly 7%, along with strong gains by some banking stocks...
Some short-covering by speculators to minimise their losses also added to the gains in the sensex and Nifty during the late hours, market players said..
At Rs 19.6 lakh crore, it's the most valued company in India by some distance with TCS at the second spot with a Rs 13.9-lakh-crore market cap. breaks above the Rs 20-lakh-crore market cap value, it will be the first Indian company to reach that mark..
The day's gains in the domestic market made investors richer by Rs 5.5 lakh crore with BSE's market capitalisation now at Rs 383.1 lakh crore, an all-time peak..
According to Vinod Nair of Geojit Financial Services, the domestic market underwent an upturn as the recent selloff and positive Asian peers provided an opportunity to accumulate quality stocks...
You might be interested in
Sensex rebounds 1,000 pts intraday on local buying
22, Dec, 23India Business News: Sensex rebounds 1,000 pts intraday on local buying, supported by strong domestic buying initially and short covering during closing trades. Nifty also
Sensex rises nearly 600 points as US bond yields dip
07, Nov, 23The Sensex rose by 595 points on Monday, marking its third consecutive session of gains. This was mainly driven by a drop in US gilt yields and a decr
Strong Q2 GDP numbers lift Nifty to life high of 20,268 points
02, Dec, 23The Nifty and sensex reached new all-time highs as domestic and global factors fueled the rally. The Nifty closed at 20,268, gaining 135 points, while
Sensex, Nifty end higher; shares of M&M surge 6%
19, May, 24The S&P BSE Sensex added 253.31 points to reach 73,917.03, while the NSE Nifty50 NSE also saw gains, rising by 79.45 points, to close at 22,483.3.
Relief rally: Sensex gains 635 points on short covering
28, Oct, 23India Business News: The Sensex bounced back after six consecutive sessions of decline, gaining 635 points and reaching 63,783. Nifty also rose by 190 points, closing at 1
Stock market today: BSE Sensex up over 300 points; Nifty crosses 21,700 for the first time in year-end rally
28, Dec, 23India Business News: Stock market today: Indian equities are reaching new peaks driven by optimism surrounding the country's macroeconomic fundamentals and strong global m
Stock market today: BSE Sensex slips 200 points, Nifty below 21,750 on last trading day of year
29, Dec, 23India Business News: Stock market today: Indian stock market indices, BSE Sensex and Nifty50, started the last trading session of 2023 on a negative note. While BSE Sensex
Markets ride high on decisive BJP win
05, Dec, 23India Business News: The BJP-led coalition's strong showing in state elections has instilled confidence among investors that the Central government will not resort to popu
Sensex up 803 pts, nears 65,000 as FPIs rush in
01, Jul, 23India Business News: Backed by strong buying by foreign investors, investors on Dalal Street took the sensex to a new life-high on Friday for the third session this week.
Sensex up 900 points on hopes of slower US Fed rate hikes
04, Mar, 23India Business News: MUMBAI: The sensex surged 900 points on Friday following a strong rally in the US market on the back of expectations that the Federal Reserve may not .