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Indian shares

Indian shares retreat from record highs as banks tumble
Markets

Indian shares retreat from record highs as banks tumble

  • India's NSE Nifty 50 index and the S&P BSE Sensex hit a record high earlier in the session as investors bet on a faster return to economic growth following upbeat news on a COVID-19 vaccine.
  • The Nifty 50 ended 1.29% lower at 12,771.70, snapping a three-day gaining streak, while the S&P BSE Sensex closed 1.31% lower at 43,599.96.
Updated 19 Nov, 2020 06:35pm
Indian shares close at over 9-month high on Reliance boost
Markets

Indian shares close at over 9-month high on Reliance boost

  • The NSE Nifty 50 index finished 1.18% higher at 12,263.55 and the S&P BSE Sensex ended up 1.34% at 41,893.
  • Reliance shares jumped 3.8% on Friday after the company secured a $1.3-billion investment in its retail business from Saudi Arabia's wealth fund.
Published 06 Nov, 2020 06:10pm
Indian shares close higher on Reliance boost
Markets

Indian shares close higher on Reliance boost

  • The blue-chip NSE Nifty 50 index closed 1.52% higher at 11,449.25, while the benchmark S&P BSE Sensex closed up 1.69% at 38,840.32.
  • Reliance, whose primary business is oil, also helped the Nifty Energy Index close 3.98% higher.
Published 10 Sep, 2020 05:58pm
Indian shares jump after Fed shift, banks surge
Markets

Indian shares jump after Fed shift, banks surge

  • The NSE Nifty 50 index settled 0.76% higher at 11,647.60, while the S&P BSE Sensex closed up 0.90% at 39,467.31.
  • The top five boosts to the Nifty 50 were all banks. The Nifty banking index ended 3.9% higher and with a 10% gain.
Published 28 Aug, 2020 04:52pm
Indian shares end higher for fifth day, lenders soar
Markets

Indian shares end higher for fifth day, lenders soar

  • The NSE Nifty 50 index ended up 0.33% at 10,799.65, while the benchmark S&P BSE Sensex rose 0.51% to 36,674.52, both closing at four-month peaks.
  • A five-day rally in world stocks fizzled on Tuesday as caution reigned about renewed coronavirus lockdowns.
Published 07 Jul, 2020 05:45pm
Indian shares climb 4-month peak on vaccine hopes, rupee surges
Markets

Indian shares climb 4-month peak on vaccine hopes, rupee surges

  • The NSE Nifty 50 index ended 1.17% higher at 10,551.7, while the benchmark S&P BSE Sensex was up 1.21% at 35,843.7
  • The number of COVID-19 cases in India crossed 600,000, with the death toll touching 17,834, days after the government allowed more economic activities to resume.
Published 02 Jul, 2020 04:58pm