No Monday Blues! Nifty50 hits fresh record high, Sensex surges 500 points
Indian equity indices surged on Monday, with Nifty50 hitting a record high. Several top companies gained in early trade, and sectoral indices showed positive trends. Experts expect sustained bullish momentum with a focus on largecaps for potential growth. Key Points
Economic TimesSensex ends above 63K for first time in 2023; all eyes on RBI MPC outcome
Meanwhile, the market capitalisation of all listed companies on BSE surged by Rs 2.46 lakh crore to Rs 265.68 lakh crore. The market breadth was skewed in the favour of the bulls. About 2,293 stocks gained, 1,270 declined, and 135 remained unchanged on the BSE. Key Points
Economic TimesMFs' Favourites: These 7 microcap stocks rallied 100-600% in FY24 so far
The Nifty Microcap 250 index has surged over 100% in FY24, while during the same period, the Nifty50 index has gained 27%. It's noteworthy to know that 96 out of the 250 stocks in the microcap index have become multibaggers in FY24, and in fact, 192 stocks have outperformed the Nifty Microcap index during this time frame. Key Points
Economic TimesSensex surges 2,300 points as bulls take charge on Dalal Street
The S&P BSE Sensex was up 3.2% at 74,382.24, while the NSE Nifty50 gained 3.4%, to close at 22,620. Key Points
India TodayBrent crude falls below $85/bbl for first time since August on demand worries
The global Brent benchmark fell below $85 for the first time since late August, while West Texas Intermediate slid below $84 after slumping the most since September last year on Wednesday. Crudes drop followed a plunge in gasoline after US data showed stockpiles surged in the US and demand fell. Key Points
Economic Times
Woman electrocuted to death while singing on mic at wedding in Bihar's Samastipur
In the midst of the celebrations, Meena Devi started singing on a microphone. Suddenly, the microphone malfunctioned and a current surged through it, electrocuting her. Key Points
India TodaySensex surges to record high, driven by RBI's growth forecast
The S&P BSE Sensex surged by over 1,600 points, reaching an all-time high of 76,795.31, while NSE Nifty50 also gained 2.07% to 23,294.2. Key Points
India TodayTata Investment Corp shares extend gains for 7th day, touch new all-time high
Tata Investment Corp's shares surged by nearly 15% in today's trading session, reaching a record high of ₹6,725 per share. The surge marks a cumulative return of 23.40% over the past six days, attributed to increased trading volumes. Key Points
mintGrasim Q3 Results: Cons PAT slumps 40% YoY to Rs 1,514 crore, revenue rises 12%
Grasim's consolidated revenue increased by nearly 12% to Rs 31,965.50 crore. Sequentially, the bottomline surged over 30%, and the topline grew by nearly 6%. Key Points
Economic TimesYields, dollar jump on blowout US jobs report, stocks edge up
By Herbert Lash and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -Treasury yields jumped, the dollar surged and global equities edged higher on Friday after a blowout U.S. jobs report scuttled any Key Points
ThePrint
Stock market today: BSE Sensex surges 500 points, breaks 2-day losing streak; Nifty50 above 21,300
India Business News: Indian benchmark equity indices, BSE Sensex and Nifty50, bounced back after opening in red on Wednesday. The Sensex surged 500 points to break the two-day losing streak. Nifty50 also showed a significant increase. The stock market showed volatility with IT, metal, and energy stocks leading the way. Key Points
Times Of IndiaBulls in Action! Sensex, Nifty hit fresh highs on rally in IT, auto stocks; gain 6% on half-yearly basis
The market capitalisation of all listed companies on BSE surged by Rs 2.36 lakh crore to Rs 296.47 lakh crore in Friday's trade. Meanwhile, in the month of June, the market cap of all listed firms on BSE advanced 12.35 lakh crore to Rs 296.47 lakh crore. Key Points
Economic TimesRetail tomato prices surge to Rs 70-80 per kg in Delhi
Retail prices of tomatoes in Delhi have surged to around Rs 70-80 per kg on lower supply due to recent heatwave... Key Points
The Tribune IndiaSensex up 900 points, Nifty at record high: Decoding the bull run on D-Street
The Sensex surged over 900 points in early trade to cross 70,400, while the Nifty 50 hit a fresh record high. Read on to know the factors that are behind today's bull run on Dalal Street. Key Points
India TodaySensex surges 500 points, Nifty nears 19,800 on global cues; here’s all you need to know
India Business News: The BSE Sensex surged by 500 points, reaching 66,538, while the Nifty50 traded at 19,827, marking a gain of 136 points around 10.50 am. Key Points
Times Of India
Global stock markets rally on signs of stabilizing banking sector
In US markets, S&P 500 gains 1.29%, Dow Jones Industrial Average rises 0.97%, Nasdaq Composite surges 1.55% Key Points
mintYields and dollar jump, stocks rally on blowout US jobs report
By Herbert Lash and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -Treasury yields jumped, the dollar surged and world equities rallied on Friday after a blowout U.S. jobs report scuttled any lingering Key Points
ThePrintRs 3 lakh cr added! Sensex soars 700 points as bulls return after 3-day hiatus
Indian equity markets rebounded led by banking, energy, and IT stocks. BSE Sensex rose 700 points, Nifty crossed 21,650. Top gainers were Tech Mahindra, Wipro, NTPC, Infosys, Axis Bank, and HCL Tech. Nifty IT and Nifty Financial Services surged. Polycab India and Shoppers Stop shares declined. Results of Reliance Industries, HUL and Ultratech Cement are awaited. Key Points
Economic TimesUnstopabble bull run! Sensex surges 970 points to record high, Nifty tops 21,450
The market capitalization of all listed companies on BSE increased by Rs 2.76 lakh crore on Friday and by Rs 8.55 lakh crore this week to Rs 357.78 lakh crore. The 30-share BSE benchmark Sensex advanced 1,080 points or 1.53% to 71,594. The broader NSE Nifty surged 298 points or 1.41% to 21,481. Key Points
Economic TimesWhy Nifty, Sensex, Bank Nifty rose today; What is boosting investors’ confidence amid global banking contagion
On Wednesday, the NSE Nifty 50 surged 100 pts or 0.6%, hitting an intraday high of 17,207.25; BSE Sensex climbed 350 pts to a day’s high of 58,418.78 and Bank Nifty rose 0.5% to 40,085.60. Key Points
Financialexpress
IRFC shares hit all-time high, up 600% from 52-week low. Will dream run continue?
IRFC shares have been on a dream run over the past few sessions, and the stock has surged nearly 600 per cent from its 52-week low of Rs 25.45 on March 28, 2023. Will IRFC's dream run conitnue? Key Points
India TodaySuzlon Energy, Tanla Platform among 8 Nifty smallcap stocks that surged over 100% from their 52-week low
Nifty Smallcap100 stocks show significant recoveries from their 52-week lows, including KEI Industries, Raymond, Cyient, Tanla Platforms, Jindal Stainless, RBL Bank, Kalyan Jewellers, and Suzlon Energy. The recoveries are a testament to the companies' resilience and growth potential, reflecting market participants' renewed confidence in their future prospects. Key Points
Economic TimesSensex reclaims 74,000 after gaining 2,000 points; IndusInd Bank rises 7%
The S&P BSE Sensex was up 2.83% at 74,115.50 after having gained more than 2,000 points. While Nifty was up 3% at 22,542.20 after jumping 657.70 points Key Points
India TodayUPI surges on broad-based usage and deeper penetration
The Reserve Bank has higher transaction limit for financial services like for AMC, Broking, Mutual Funds, collections (Credit card payments, Loan re-payments, EMI), Insurance etc. where the transaction limit is `2 lakh. Insurance policy purchases and premium collections surged by 150% in transaction volume and 140% in new customer adoption, underlining the role of digital retail stores in addressing the challenges of insurance Key Points
Economic TimesIndia’s state-run firms seen extending dream rally on Modi bets
Modis government is spending billions of dollars on everything from roads and railways to defense, renewing interest in a sector that has for long been a straggler of Indias $4 trillion stock market. The S&P BSE PSU Index, a gauge that includes some of the nations largest power utilities, miners, oil refiners and engineering firms, has surged 44% thus far in 2023. Key Points
Economic Times
ICICI Bank posts stellar Q2 results: 35.7% YoY profit growth, 24% surge in Net Interest Income
The Mumbai-based bank's standalone profit surged to Rs 10,261 crore for the quarter, marking a substantial increase from the Rs 7,557.84 crore reported in the same period the previous year. Key Points
Business TodayIndia's Aeroflex soars as much as 82% in stellar market debut
Shares of India's Aeroflex Industries (AERO.NS) surged as much as 82% in their trading debut on Thursday before settling 51% higher, valuing the company at $255 million and making it the latest stock to notch up strong gains in first-day trading. Key Points
ReutersIndia's Gokaldas hits record high on deal giving it cheaper US market access
Shares of India's Gokaldas Exports' (GOKL.NS) surged 20% to a record high on Tuesday, a day after it unveiled a deal that would help it ship apparel duty-free to its key market of the United States. Key Points
ReutersTrump-linked SPAC surges as fraud settlement lifts hopes for deal completion
Shares of Digital World Acquisition (DWAC) (DWAC.O) surged 20% in premarket trading on Friday as a settlement with U.S. securities regulator over fraud charges cleared some of the uncertainty over the blank-check firm's merger with former U.S. President Donald Trump's media and tech company. Key Points
ReutersCoinbase leads crypto stock gains after Ripple Labs' legal victory
Shares of Coinbase Global Inc (COIN.O) surged by nearly 25% on Thursday, ahead of other cryptocurrency and blockchain-related companies, following a landmark legal victory in a closely-watched lawsuit involving blockchain company Ripple Labs Inc. Key Points
Reuters
Analysts hopeful of BPCL's recovery post strong Q4
Shares of BPCL surged as much as 2.6% before closing the day at ₹366.20 apiece on the NSE, up 1.27% from the previous close. Key Points
Economic TimesInvestors’ wealth jumps over Rs 10.43 lakh crore in last 5 days of market rally
The market capitalisation of BSE-listed firms have surged Rs 10,43,216.79 crore to Rs 2,62,37,776.13 crore in the last five trading sessions (March 29-April 6). Key Points
FinancialexpressIndia logs 3,095 new Covid cases, active caseload crosses 15,000-mark
The number of people who have recuperated from the disease surged to 44169711, while the case fatality rate was recorded at 1.19 per cent. | Latest News India Key Points
Hindustan TimesUS stocks gain after Fed rate hike
The S&P 500 up 0.56%, Dow Jones Industrial Average rises 0.34%, Nasdaq Composite surges 0.83% Key Points
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