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Sensex opens in red after bumper Diwali opening, Nifty below 24,300

Sensex opens in red after bumper Diwali opening, Nifty below 24,300

After a bumper opening to Diwali week, the Indian stock market opened in the red on Tuesday as selling was seen in auto, IT, financial services and pharma sectors.

The Sensex was trading at 79,660.76, after falling 344.28 points or 0.43 per cent. At the same time, Nifty was trading at 24,257.70, after falling 81.45 points or 0.03 per cent in the opening trade.

The market trend remains mixed. On the National Stock Exchange (NSE), 635 stocks were trading in the green, while 405 stocks were trading in the red.

Nifty Bank was at 51,404.35 after rising 145.05 points or 0.28 per cent. Nifty Midcap 100 index was trading at 55,728.40 level after slipping 8.20 points or 0.01 per cent. At the same time, the Nifty Small cap 100 index was at 18,065.00 after gaining 2.70 points or 0.01 per cent.

NTPC Green Energy’s Rs 10,000 crore IPO gets SEBI nod

NTPC Green Energy’s Rs 10,000 crore IPO gets SEBI nod

NTPC Green Energy Limited, a wholly-owned subsidiary of NTPC Limited, on Monday said it has received approval from the Securities and Exchange Board of India (SEBI) to raise Rs 10,000 crore through an initial public offering (IPO).

The IPO with a face value of Rs 10 per equity share is a fresh issue of equity shares. The offer also includes a reservation for a subscription by eligible employees and a discount is being offered to eligible employees bidding in the employee reservation portion.

The proceeds from the fresh issue to the extent of Rs 7,500 crore will be used for investment in its wholly-owned Subsidiary, NTPC Renewable Energy Limited (NREL) for repayment/ prepayment, in full or in part of certain outstanding borrowings availed by NREL, and general corporate purposes, said the company.

Sensex snaps five-day losing streak, Nifty closes above 24,300

Sensex snaps five-day losing streak, Nifty closes above 24,300

Indian stock markets experienced a significant rebound in Monday’s market, with the Sensex surging by 602 points, closing at 80,005, and the Nifty climbing 158 points to settle at 24,339. The benchmark indices recorded the best session in one month.

Rally was driven by baking stock. Nifty Bank closed at 51,259, up 471 points or 0.93 per cent.

In the Sensex pack, ICICI Bank, Wipro, Tata Steel, JSW Steel, M&M, Sun Pharma, HUL, SBI, Tata Motors, Bajaj Finserv, Asian Paints, IndusInd Bank, NTPC and HCL Tech were the top gainers. Axis Bank, Kotak Mahindra Bank, Tech Mahindra, HDFC Bank and Bharti Airtel were the top losers.

Almost all indices on the National Stock Exchange (NSE) closed with gains. PSU Bank, pharma, FMCG, realty, auto, IT and media were major gainers.

Diwali at stock market: Sensex jumps 848 pts, all sectors in green

Diwali at stock market: Sensex jumps 848 pts, all sectors in green

Indian equity indices traded in the green on Monday in mid-session as buying was seen in heavyweights like ICICI Bank, M&M, IndusInd Bank, JSW Steel and Wipro, lifting the sentiment of the market after a five-day losing streak.

At 1:02 p.m., Sensex was up 872 points or 1.10 per cent at 80,242, and Nifty was up 224 points or 0.93 per cent at 24,405.

The market rally was driven by banking stock. Nifty Bank was up 606 points or 1.22 per cent at 51,405.

Nifty midcap 100 index was up 503 points or 0.91 per cent at 55,777, and Nifty smallcap 100 index was up 228 points or 1.28 per cent at 18,075.

Indian stock market opens positive, ICICI Bank and BPCL top gainers

Indian stock market opens positive, ICICI Bank and BPCL top gainers

The Indian stock market opened in green on Monday as buying was seen in auto, IT, PSU bank and pharma sectors in the morning trade.

The Sensex was trading at 79,675.78 after gaining 273.49 points or 0.34 per cent. At the same time, Nifty was trading at 24,255.15 after climbing 74.35 points or 0.31 per cent.

The market trend remained mixed. On the National Stock Exchange (NSE), 1003 stocks were trading in green, while 1,124 stocks were trading in red.

Nifty Bank was at 51,103.35 after rising 315.90 points or 0.62 per cent. The Nifty Midcap 100 index was trading at 55,385.65 after gaining 107.70 points or 0.19 per cent. At the same time, the Nifty Smallcap 100 index was at 17,873.55 after gaining 25.65 points or 0.14 per cent.

20.74 lakh new workers enrolled in ESIC scheme in August, marking a 6.8 pc growth

20.74 lakh new workers enrolled in ESIC scheme in August, marking a 6.8 pc growth

The Centre on Saturday informed that 20.74 lakh new workers were enrolled under the Employees' State Insurance Corporation (ESIC) scheme in August, a 6.80 per cent growth in net registrations (year-on-year).

Out of the total 20.74 lakh employees added during the month, 9.89 lakh employees -- or around 47.68 per cent of the total registrations -- belong to the age group of up to 25 years, according to the Ministry of Labour and Employment data.

The gender-wise analysis of the payroll data showed that the net enrolment of female members was 4.14 lakh in August. Besides, a total of 60 transgender employees also got registered under the ESI scheme.

Silver may touch Rs 1.25 lakh a kg in next 12-15 months, outperform gold: Report

Silver may touch Rs 1.25 lakh a kg in next 12-15 months, outperform gold: Report

Silver could either match or outperform gold in the medium to long term, and is likely to reach Rs 1,25,000 per kg on MCX and $40 on COMEX in the next 12 to 15 months, a report showed on Saturday.

Recently, silver has shown impressive performance, gaining more than 40 per cent (year-to-date) and breaching Rs 100,000 on the domestic front, fuelled by safe-haven buying and robust industrial demand, according to the report by Motilal Oswal Financial Services Ltd (MOFSL).

MOFSL has also set targets for gold of Rs 81,000 in the medium term and Rs 86,000 in the long term. It expects gold to reach $2,830 on COMEX in the medium term and $3,000 in the long term.

Sensex recovers day's losses partially, sheds 662 points amid persistent FII outflow

Sensex recovers day's losses partially, sheds 662 points amid persistent FII outflow

The Indian stock market closed with a big decline on Friday, as heavy selling was seen in all sectors, except pharma and FMCG.

Sensex fell more than 800 points in the afternoon trade. However, by the end of trading, the market recovered a bit and closed down by 662 points. The BSE Sensex closed at 79,402.29 after falling 662.87 points or 0.83 per cent. At the same time, NSE's Nifty fell 218.60 points or 0.9 per cent to 24,180.80. Nifty Bank closed at 50,787.45 after falling 743.70 points or 1.44 per cent. Nifty Midcap 100 index closed at 55,277.95 after falling 1,071.80 points or 1.90 per cent. The Nifty Smallcap 100 index closed at 17,847.90 after falling 401.25 points or 2.20 per cent.

Sensex and Nifty crash by 1 pc, IndusInd Bank top loser

Sensex and Nifty crash by 1 pc, IndusInd Bank top loser

The Indian stock markets were trading in the deep red on Friday due to weak sentiment in the market amid huge selling by FIIs.

The Sensex was trading at 79,298.47 after falling 766.69 points, or 0.96 per cent, in mid-session. At the same time, NSE's Nifty was down to 24,129.40 after falling 270 points or 1.11 per cent. The Nifty Bank was trading at 50,588 after falling 943.10 points or 1.83 per cent. Apart from this, the Nifty Midcap 100 index was trading at 55,324.80 after a major fall of 1,024.95 points or 1.82 per cent. The Nifty Smallcap 100 index fell 382.50 points, or 2.10 per cent, to 17,866.65.

The market trend remained negative.

Indian stock market opens flat, Axis Bank and ITC among top gainers

Indian stock market opens flat, Axis Bank and ITC among top gainers

The Indian stock market opened flat on Friday as buying was seen in the auto, IT, financial services and PSU Bank sectors.

Axis Bank and ITC were among the top gainers at Nifty.

The Sensex was trading at 80,139.30 after gaining 74.14 points or 0.09 per cent. At the same time, Nifty opened trading at 24,418.05 after climbing 18.65 points or 0.08 per cent.

ITC, Axis Bank, Asian Paints, HCL Tech, Sun Pharma, Nestle India and ICICI Bank were the top gainers in the Sensex pack. IndusInd Bank, NTPC, Mahindra & Mahindra, JSW Steel, Tata Steel and L& T were the top losers.

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