The market capitalisation of nine of India’s top-10 most valued companies rose by Rs 2,34,565.53 crore last week, with Reliance Industries emerging as the biggest gainer in step with the buoyant equity markets.The benchmark BSE Sensex surged 1,650.73 points or 2% during the same period. From the top-10 pack, Infosys was the only firm to post a decline in valuation.Reliance …
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Temporary relief? Sensex soars 1,046 points on foreign buying – Times of India
Sensex soars 1,046 points on foreign buying (Picture credit: ANI) MUMBAI: Strong foreign fund buying supported by speculators’ short covering late in the session on Friday led to a four-figure points jump in the Sensex. After opening marginally higher, the benchmark picked up gains through the session to close 1,046 points or 1.3 per cent higher above the 82,400-point mark. …
Read More »Sensex soars 3k points in 3 days to top 78k, erases year’s losses – Times of India
Bulls Trump Bears On D-St, At Least For Now, Even As Chaos Engulfs Wall St Amid Escalating Trade War, Fed’s Wait-&-Watch TalkHopes Of Further Rate Cuts, ‘Normal’ Monsoon Lift Street SpiritsMUMBAI: Strong buying in stocks of banking and financial services companies, along with Reliance Industries, led to a more than 1,900-point intraday reversal in the sensex on Thursday, while technology …
Read More »Investors gain Rs 7.85 lakh crore after Sensex surges 1,310 points – Times of India
Investor wealth surged by a massive Rs 7.85 lakh crore on Friday, driven by a sharp rally in Indian stock markets after the US suspended additional tariffs on India for the next 90 days, until July 9.The 30-share BSE Sensex soared 1,310.11 points (1.77%) to close at 75,157.26, with a daily high of 75,467.33, up by 1,620.18 points (2.19%). This …
Read More »Sensex surges 1,397 points as Donald Trump ‘pauses’ some tariffs – The Times of India
MUMBAI: The ‘yes-no’ game involving Trump’s tariffs on Canada, Mexico and China turned positive for the sensex on Tuesday and lifted it up by nearly 1,400 points after the US delayed tariffs against its neighbours by a month. Reversal in trading by foreign funds, who turned net buyers after remaining net sellers for exactly a month, also helped the rally.After …
Read More »Sensex jumps over 1,400 pts, best day in nearly 2 months – Times of India
MUMBAI: Across-the-board buying lifted the sensex by nearly 2% on Thursday to above the psychologically important 80K mark again. It closed slightly lower, however, at 79,944 – up 1,436 points on the day. An absence of most foreign funds during the ensuing holiday season helped the day’s rally, market players said. Over the last three months, foreign portfolio investors have …
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