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Sensex surges 855 pts despite geo-political tensions, PSU bank stocks shine

Sensex surges 855 pts despite geo-political tensions, PSU bank stocks shine

The Indian stock market was trading in the green on Friday despite geopolitical tensions as heavy buying was seen in the PSU bank shares. Nifty PSU Bank was trading with a gain of 2.88 per cent.

At around 12:17 p.m., Sensex was trading at 78,010.82 after gaining 855.03 points or 1.11 per cent, while the Nifty was trading at 23,620.95 after gaining 271.05 points or 1.16 per cent.

The market trend remained positive. On the National Stock Exchange (NSE), 1725 stocks were trading in green, while 677 stocks were trading in red.

Nifty Bank was at 50,887.85 with a gain of 514.95 points or 1.02 per cent. Nifty Midcap 100 index was trading at 54,706.65 after gaining 321.30 points, or 0.59 per cent. Nifty Smallcap 100 index was at 17,735.50 after gaining 138.90 points, or 0.79 per cent.

Indian stock market opens in green, Sensex surges 459 pts

Indian stock market opens in green, Sensex surges 459 pts

The Indian stock market opened in green on Friday amid fresh tensions between Russia and Ukraine, as buying was seen in PSU bank, and realty sectors.

In early trade at around 9:41 am, Sensex was trading at 77615.50 after gaining 459.71 points or 0.60 per cent, while the Nifty was at 23,489.75 after gaining 139.85 points or 0.60 per cent.

Market watchers said that there are some important takeaways from the market trends in the present context.

“The Russia-Ukraine war has escalated with Russia firing even Inter Continental Ballistic Missiles. The relentless selling by FIIs continues with the selling spree reaching a record continuous 37 days. But the market has corrected only by about 11 per cent from the September peak,” they said.

“This is a correction, not a crash. The mother market US is bullish with 25.43 per cent return YTD. These factors suggest that the undertone of this market is positive,” according to experts.

Sensex ends 422 points down, Nifty below 23,350 over weak global sentiment

Sensex ends 422 points down, Nifty below 23,350 over weak global sentiment

Indian equity indices closed in the red on Thursday as sentiment around the globe was weakened due to rising tensions between Russia and Ukraine.

The domestic market faced renewed pressure due to escalating tensions in the Russia-Ukraine conflict and heightened nuclear concerns, according to market experts.

At closing, Sensex was down 422 points or 0.54 per cent at 77,155 and Nifty was down 168 points or 0.72 per cent at 23,349.

The market trend was negative. On the Bombay Stock Exchange (BSE), 1,235 stocks closed in the green, 2,735 in the red, and 95 remained unchanged.

Along with large caps, midcaps and small caps shares also witnessed a decline. The Nifty Midcap 100 index fell 162 points or 0.30 per cent to close at 54,385 and the Nifty Smallcap 100 index fell 80 points or 0.46 per cent to close at 17,596.

India’s export outlook brighter as manufactured goods gain share: RBI

India’s export outlook brighter as manufactured goods gain share: RBI

The outlook for India’s exports is brightening as underneath the subdued growth profile of the past few months, the country has been gaining a share in global trade of key manufacturing items, according to the RBI bulletin for November.

“In fact, India currently holds 13 per cent or a sixth of the global market share in petroleum products, attesting to rising refining capabilities and ability to meet international standards,” the report states.

It is the largest exporter of precious and semi-precious stones, the third largest exporter of insecticides, the eighth largest in rubber pneumatic tyres, and the ninth in semiconductors.

Stock market opens in red amid rising Russia-Ukraine tensions

Stock market opens in red amid rising Russia-Ukraine tensions

The Indian stock market opened in red on Thursday amid rising Russia-Ukraine war tensions. Heavy selling was seen in the PSU bank sector in early trade and Nifty PSU Bank was down by more than 4 per cent.

In early trade at 9:43 a.m., Sensex was trading at 76,968.28 after slipping 610.10 points or 0.79 per cent. Nifty was trading at 23,308.85 after falling 209.65 points or 0.89 per cent.

Market trend remained negative. On the National Stock Exchange (NSE), 445 stocks were trading in green, while 1560 stocks were trading in red.

Nifty Bank was at 50,299.40 after falling 397.10 points or 0.78 per cent. The Nifty Midcap 100 index was trading at 54,377.85 after falling 170.40 points or 0.31 per cent. The Nifty Small cap 100 index was at 17,582.85 after falling 94.50 points or 0.53 per cent.

EPFO adds 18.8 lakh members in September as employment rises

EPFO adds 18.8 lakh members in September as employment rises

The Employees' Provident Fund Organisation (EPFO) has registered a net addition of 18.81 lakh members during September this year which represents a 9.33 per cent growth compared to the same month last year, reflecting increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective outreach initiatives, the Ministry of Labour and Employment said on Wednesday.

The data shows a sharp increase in the number of youngsters, who have got jobs for the first time, and a significant increase in the number of female workers as well.

As many as 9.47 lakh of these are new members in September 2024, representing an increase of 6.22 per cent over the corresponding figure for September 2023.

Indian stock market turns topsy-turvy amid fresh Russia-Ukraine tension

Indian stock market turns topsy-turvy amid fresh Russia-Ukraine tension

The Indian stock market, which saw a super rally on Tuesday, lost the steam towards the end amid heavy profit-booking, as fresh tensions between Ukraine and Russia came to light.

Sensex closed with a gain of 239 points after rising more than 1,100 points during the intra-day trading. The reversal happened after reports emerged about Ukraine's armed forces launching their first ATACMS missile strike on Russian border territory, with the Kremlin threatening to retaliate with dire consequences.

Heavy buying was seen in the media sector. Nifty Media registered a gain of 2.45 per cent.

Sensex closed at 77,578.38 after gaining 239.37 points or 0.31 per cent and Nifty closed at 23,518.50 with a gain of 64.70 points or 0.28 per cent.

Tata Motors launches its first AMT truck in Saudi Arabia

Tata Motors launches its first AMT truck in Saudi Arabia

Tata Motors on Tuesday announced the launch of its first automated manual transmission (AMT) truck, the Tata Prima 4440.S AMT, in the Kingdom of Saudi Arabia.

Tata Motors also showcased five of its high-performance products at the Heavy Equipment and Trucks (HEAT) Show in Dammam, which are designed and engineered to suit the country’s requirements and cater to a wide variety of applications.

Unveiling Tata Motors’ HEAT show pavilion, Anurag Mehrotra, Head, International Business, Tata Motors Commercial Vehicles said, “Saudi Arabia is a key region for Tata Motors. As the Kingdom undergoes rapid transformation, we remain committed to supporting its evolving mobility needs with our advanced solutions".

Sensex surges in morning trade, media and realty stocks shine

Sensex surges in morning trade, media and realty stocks shine

The Indian stock market opened in green on Tuesday as media and realty stocks saw heavy buying. Nifty Media and Realty was up more than 2 per cent.

At around 9:40 am, Sensex was trading 766.58 points or 0.99 per cent up at 78,105.59 while Nifty was up 236.50 points or 1.01 per cent at 23,690.3.

The market trend remained positive. On the National Stock Exchange (NSE), 2,022 stocks were trading in green, while 248 stocks were trading in red.

Nifty Bank was up 144.25 points or 0.29 per cent at 50,508.05. The Nifty Midcap 100 index was trading 523.70 points or 0.97 per cent higher at 54,568.50. The Nifty Small cap 100 index was up 238.15 points or 1.36 per cent at 17,745.40.

In the Sensex pack, NTPC, Tata Motors, M&M, Adani Ports, Infosys, Power Grid, UltraTech Cement, Tech Mahindra, TCS, Maruti, Titan and HDFC Bank were the top gainers and Kotak Mahindra Bank, Sun Pharma and Bajaj Finserv were the top losers.

Indian stock market opens in red, IT stocks suffer

Indian stock market opens in red, IT stocks suffer

The Indian stock market opened in red on Monday as selling was seen in IT, PSU bank and pharma sectors.

In early trade at around 9:51 am, Sensex was trading at 77,247.18 after slipping 333.13 points or 0.43 per cent, while Nifty was at 23,434.00 after slipping 98.70 points or 0.42 per cent .

The market trend remained negative. On the National Stock Exchange (NSE), 572 stocks were trading in green, while 1794 stocks were trading in the red.

Nifty Bank was at 50,200.80 after rising 21.25 points or 0.04 per cent. The Nifty Midcap 100 index was trading at 53,830.45 after falling 212.65 points or 0.39 per cent. The Nifty Small cap 100 index was at 17,417.20 after slipping 183.85 points or 1.04 per cent.

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