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Sensex and Nifty end higher, realty stocks shine

Sensex and Nifty end higher, realty stocks shine

The domestic benchmark equity indices, Sensex and Nifty, settled higher on Monday as heavy buying was seen in the realty sector. Nifty realty was the outperforming sector, up over 3 per cent.

Sensex ended at 80,248.08, higher by 445.29 points, or 0.56 per cent, while the Nifty 50 ended the day at 24,276.05, up by 144.95 points, or 0.60 per cent.

According to market experts, "Despite a slump in the Q2 growth rate, the market maintained a positive bias as the core sector output in October shows signs of recovery. Slowing earnings growth is already factored in the market and mid and small caps are rebounding."

"However, investors stay marginally cautious ahead of RBI policy this week due to the risk of a cut in GDP forecast. The current inflation dynamics are not favorable for a rate cut in the short-term and the RBI is likely to turn more realistic on its growth projection for FY25", they added.

India records 45 pc surge in FDI to $29.79 billion in April-Sept

India records 45 pc surge in FDI to $29.79 billion in April-Sept

Foreign Direct Investment (FDI) inflows into India surged by a robust 45 per cent to $29.79 billion in April-September during the current financial year compared to $20.5 billion in the same period during 2023-24, according to figures compiled by the Department for Promotion of Industry and Internal Trade (DPIIT).

The main sectors of the economy that benefited from the FDI include services, automobile, computer software, IT hardware, telecom and pharmaceuticals and chemicals.

FDI inflows lead to higher investments and job creation in the economy along with better technology.

FDI in services has increased to $5.69 billion during the first half of the current financial year as against $3.85 billion in the same period last year.

The data also show that FDI inflows in non-conventional energy stood at $2 billion.

Indian stock market opens in red, Nifty below 24,200

Indian stock market opens in red, Nifty below 24,200

The Indian stock market opened in red on Monday, as selling was seen in the PSU bank and financial services sectors in the early trade.

At around 09:42 am, the Sensex was trading at 79,661.99 after falling 140.80 points or 0.18 per cent, while the Nifty was trading at 24,118.85 after falling 12.25 points or 0.05 per cent.

The market trend remained positive. On the National Stock Exchange (NSE), 1,254 stocks were trading in green, while 1,076 stocks were in the red.

Market experts said that Q2 GDP numbers may impact the market but it is unlikely to be a huge impact.

If there is a sharp correction in the market, it could be a buying opportunity, as domestic institutional investors (DIIs) will continue to buy during dips. Segments such as pharma, telecom and digital companies, which are not affected by the slowdown, can be bought on dips, they said.

FIIs likely to turn out consistent buyers in Indian markets soon

FIIs likely to turn out consistent buyers in Indian markets soon

After heavy selling, it now appears that foreign institutional investors (FIIs) are likely to turn out consistent buyers when the market corrects further and valuations become attractive, market watchers said on Saturday.

A perplexing feature of the recent FII activity is their highly erratic nature.

For instance, in the three days from November 23-25, FIIs were buyers. But in the next two days, they again turned sellers, having sold equity for Rs 16,139 crore in the Indian market.

"FII selling in November is lower than that of October. In October, the total FII selling through stock exchanges was Rs 113,858 crore. In November, this had come down to Rs 39,315 crore," an expert said.

Low-intensity blast reported in Delhi's Prashant Vihar, second in over a month

Low-intensity blast reported in Delhi's Prashant Vihar, second in over a month

A three-wheeler driver was injured in a low-intensity blast in north Delhi’s Prashant Vihar on Thursday morning. The incident took place within one km of an earlier explosion in the same colony’s CRPF school on October 20.

There was no confirmation of a terror angle in the blast till late evening even as the anti-terror National Investigation Agency and the National Security Guard joined police in the investigation which revolved around the analysis of CCTV footage and forensic test of white powder found near the blast site.

“Similar white material was recovered from the CRPF school blast site,” said an official.

The blast virtually coincided with a media briefing addressed by former Delhi Chief Minister Arvind Kejriwal blaming the BJP-led Central government for the deteriorating law and order situation in the city.

According to eyewitnesses, there was panic in the area and people started running around after they heard a loud sound at 11.47 a.m. in front of Bansiwala Sweets close to PVR multiplex.

Sensex slumps 1,190 pts, Nifty closes below 24,000

Sensex slumps 1,190 pts, Nifty closes below 24,000

The Indian stock market ended in red on Thursday as Sensex and Nifty were down by more than 1 per cent.

At closing, Sensex was down 1190.34 points or 1.48 per cent to 79,043.74. Nifty was down 360.75 points or 1.49 per cent to 23,914.15.

This decline was led by IT stocks. The Nifty IT index witnessed heavy selling and it was down more than two per cent and closed at 42,968.75

ED team attacked in Delhi’s Bijwasan area during cyber crime probe

ED team attacked in Delhi’s Bijwasan area during cyber crime probe

In a startling development, an Enforcement Directorate (ED) team was attacked in city’s Bijwasan area on Thursday morning, while investigating an incident ed to cyber-crime. One ED official was is understood to have been injured in the assault.

The attack on ED team happened when it reached the house of a cyber fraud accused in Bijwasan area to interrogate him in the PPPYL cyber app fraud case. The accused Ashok Sharma, who was present at the house at the moment attacked the ED team, along with his family members. Following the attack, the local police reached the spot and took the matter under control.

According to reports, ED’s Assistant Director was injured in the attacks by accused Ashok Sharm and his family. He has been admitted to the hospital. An FIR has been lodged against the attackers. The key accused fled from the spot after attacking the ED team. Police have launched manhunt for him and formed teams to nab him.

Indian stock market opens flat, realty stocks shine

Indian stock market opens flat, realty stocks shine

The Indian stock market opened flat on Thursday as buying was seen in the realty sector in early trade.

At around 09:39 am, the Sensex was trading at 80,194.06 after falling 40.02 points or 0.05 per cent, while the Nifty was trading at 24,277.25 after rising 2.35 points or 0.01 per cent.

The market trend remained positive. On the National Stock Exchange (NSE), 1,792 stocks were trading in green, while 464 stocks were in the red.

Nifty Bank was up 224.35 points or 0.43 per cent at 52,526.15. Nifty Midcap 100 index was trading at 56,653.70 after gaining 381.35 points or 0.68 per cent. Nifty Smallcap 100 index was at 18,668.15 after gaining 165.30 points or 0.89 per cent.

Sensex ends in green, Adani Ports top gainer

Sensex ends in green, Adani Ports top gainer

The Indian stock market ended in green on Wednesday as buying was seen in the energy, commodities, and the PSE sectors.

The stock of all Adani Portfolio companies gained on the indices.

Adani Power shares closed at Rs 525.15 after jumping up Rs 87.50 or 20 per cent, Adani Enterprises Ltd's stock was up 11.56 per cent at Rs 2,399 apiece, and Adani Green shares were at Rs 988.40, after gaining Rs 89.85 or 10 per cent.

Sensex closed at 80,234 after gaining 230.02 points, or 0.29 per cent, and Nifty closed at 24,274.90 after rising 80.40 points, or 0.33 per cent.

Nifty Bank was up 110.30 points, or 0.21 per cent, to 52,301.80. Nifty midcap 100 index closed at 56,272.35 after a gain of 357.95 points or 0.64 per cent. Nifty smallcap 100 index closed at 18,502.85 after rising 237.55 points or 1.30 per cent.

Indian stock market opens flat, all Adani shares trade in green

Indian stock market opens flat, all Adani shares trade in green

The Indian stock market opened flat on Wednesday as buying was seen in the auto and IT sectors. Shares of all Adani Portfolio of companies were trading in green in the morning trade.

Adani Green shares were at Rs 905.80 after jumping Rs 7.25 or 0.81 per cent. Adani Enterprises Ltd's stock was up 3.4 per cent at Rs 2,224.85 apiece.

At around 10:02 am, the Sensex was trading at 80,006.8 after rising 2.83 points or 0 per cent, while the Nifty was trading at 24,195.80 after rising 1.30 points or 0.01 per cent.

The market trend remained positive. On the National Stock Exchange (NSE), 1,637 stocks were trading in green, while 669 stocks were in the red.

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