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Apr 19, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

BSE Sensex

Indian shares tumble as domestic COVID-19 cases shoot past 20 million
Markets

Indian shares tumble as domestic COVID-19 cases shoot past 20 million

  • The NSE Nifty 50 index dropped 0.94% to 14,496.5, while the benchmark S&P BSE Sensex closed 0.95% lower at 48,253.51, after swinging in choppy trading for most of the session.
  • The surge of the highly infectious Indian virus variant has swamped the health system, forced states to enter lockdowns and ignited calls for a lockdown at the national level.
Published 04 May, 2021 05:15pm
Indian shares end at over month's high as steelmakers surge
Markets

Indian shares end at over month's high as steelmakers surge

  • The NSE Nifty 50 index closed 0.2% higher at 14,894.9, while the benchmark S&P BSE Sensex gained 0.06% to 49,765.94. Both indexes rose more than 1% each earlier in the session.
  • Steelmakers Tata Steel Ltd and JSW Steel Ltd were among the biggest gainers on the Nifty 50 on Thursday, surging 6.2% and 9.6%, respectively, to record highs.
Published 29 Apr, 2021 06:30pm
Indian shares end higher as investors look beyond record virus surge
Markets

Indian shares end higher as investors look beyond record virus surge

  • The NSE Nifty 50 index rose 0.77% to 14,406.15 at close, while the S&P BSE Sensex gained 0.79% to end at 48,080.67.
  • US pharmaceutical giant Pfizer Inc on Thursday said it was in talks with the Indian government for supply of its vaccines, adding it would set a not-for-profit price for them.
Published 22 Apr, 2021 05:18pm
India shares plunge as record infections prompt new lockdowns
Markets

India shares plunge as record infections prompt new lockdowns

  • The NSE Nifty 50 index was down 1.77% at 14,359.45 and the S&P BSE Sensex fell 1.81% to 47,949.42.
  • Private banks also suffered as they dropped 2.6%, with top private-sector lender HDFC Bank losing 1.1%, as investors sold off positions fearing that the resurgence in COVID-19 cases would hurt banks' asset quality.
Published 19 Apr, 2021 04:43pm
Indian shares end choppy session higher after positive vaccine news
Markets

Indian shares end choppy session higher after positive vaccine news

  • The NSE Nifty 50 index ended 0.5% higher at 14,581.45, while the S&P BSE Sensex gained 0.5% to 48,803.68.
  • The move came as fresh coronavirus cases in the country hit a record of more than 200,000, prompting the national capital of Delhi to announce movement restrictions for weekends.
Published 15 Apr, 2021 04:28pm
Indian shares rebound as govt speeds up vaccine approvals
Markets

Indian shares rebound as govt speeds up vaccine approvals

  • India is to fast-track emergency approvals for shots already approved in Western countries and Japan, paving the way for possible imports of Pfizer, Johnson & Johnson, Novavax and Moderna vaccines.
  • The NSE Nifty 50 index closed 1.36% higher at 14,504.80 and the S&P BSE Sensex ended 1.38% higher at 48,544.06, rebounding after surging infections pushed the indexes to their second-worst session this year on Monday.
Published 13 Apr, 2021 05:09pm
Indian shares, rupee slide as lockdown fears loom after COVID-19 surge
Markets

Indian shares, rupee slide as lockdown fears loom after COVID-19 surge

  • The NSE Nifty 50 index closed 3.53% lower at 14,310.80, while the S&P BSE Sensex ended down 3.44% at 47,883.38.
  • The Nifty auto index closed down 5.11%. The Society of Indian Automobile Manufacturers on Monday warned that the pandemic had set back an already bruised auto industry by many years.
Published 12 Apr, 2021 05:33pm
Indian shares rise for third day; metals stocks jump
Markets

Indian shares rise for third day; metals stocks jump

  • The Reserve Bank of India (RBI) on Wednesday kept interest rates at record lows and committed to a massive government bond purchase programme, helping keep share markets buoyant.
  • The NSE Nifty 50 index ended up 0.37% at 14,873, and the S&P BSE Sensex rose 0.2% to 49,746.21.
Published 08 Apr, 2021 05:36pm
Indian shares rebound from virus-induced sell-off; metals gain
Markets

Indian shares rebound from virus-induced sell-off; metals gain

  • The NSE Nifty 50 index was up 0.62% at 14,726.10 by 0400 GMT, while the S&P BSE Sensex was 0.52% higher at 49,419.18.
  • Stocks across most sectors were higher on Tuesday. Metals led the gains with a 1.62% advance. JSW Steel , up 3.7%, was the top gainer on the Nifty 50.
Published 06 Apr, 2021 10:09am
Indian markets closed on Friday
Markets

Indian markets closed on Friday

  • The NSE Nifty 50 index ended 1.2% higher at 14,867.35 on Thursday, while the S&P BSE Sensex rose 1.05% to 50,029.83.
  • The 10-year benchmark bond yield ended at 6.18%, while the rupee settled at 73.1050 to the dollar on Wednesday, March 31.
Published 02 Apr, 2021 05:35pm
Indian shares gain over 2pc as banks, JSW Steel rise after Bhushan deal
Markets

Indian shares gain over 2pc as banks, JSW Steel rise after Bhushan deal

  • The blue-chip NSE Nifty 50 index rose 2.3% to 14,845.10 and the benchmark S&P BSE Sensex gained 2.2% at 50,084. Both the indexes fell more than 1% last week.
  • Major lenders to Bhushan, including State Bank of India Punjab National Bank, Canara Bank gained more than 1% each and ICICI Bank rose 2.3%.
Published 30 Mar, 2021 05:27pm
Indian markets closed on Monday for holiday
Markets

Indian markets closed on Monday for holiday

  • The NSE Nifty 50 index ended 1.27% higher at 14,507.30 on Friday, while the S&P BSE Sensex rose 1.17% to 49,008.50.
  • The 10-year benchmark bond yield ended at 6.12%, while the rupee settled at 72.5 to the dollar.
Updated 29 Mar, 2021 05:58pm
Indian shares fall over 1pc as surging COVID-19 cases renew growth worries
Markets

Indian shares fall over 1pc as surging COVID-19 cases renew growth worries

  • The blue-chip NSE Nifty 50 index and the benchmark S&P BSE Sensex each fell 1.5% to 14,324.90 and 48,440.12, respectively. The indexes had dropped nearly 2% in the previous session.
  • "The uncertainty will persist over the next few months, until the vaccines become available in India for all adults."
Published 25 Mar, 2021 05:13pm
Indian shares fall nearly 2pc as financials drag, coronavirus cases surge
Markets

Indian shares fall nearly 2pc as financials drag, coronavirus cases surge

  • The blue-chip NSE Nifty 50 index closed down 1.8% at 14,549.40 and the benchmark S&P BSE Sensex dropped 1.7% to 49,180. Both the exchanges saw their worst one-day percentage fall since Feb. 26.
  • Indian market witnessed across-the-board selling amidst high volatility owing to weak global cues and spike in COVID-19 cases.
Published 24 Mar, 2021 05:01pm
Indian shares end higher in volatile trade; Future Group firms slide
Markets

Indian shares end higher in volatile trade; Future Group firms slide

  • The blue-chip NSE Nifty 50 index ended up 1.28% at 14,744 and the benchmark S&P BSE Sensex rose 1.3% to 49,858.24. Earlier in the session, the Sensex and Nifty shed up to 1.43% and 1.28%, respectively.
  • Sentiments in the short-term, however, are weak due to a rise in COVID-19 cases and volatility in bond yields, Sharma said.
Updated 19 Mar, 2021 06:10pm
India's Kalyan Jewellers IPO loses shine, sees tepid demand
Markets

India's Kalyan Jewellers IPO loses shine, sees tepid demand

  • The numbers compare unfavourably to other listings this year, including for paint maker Indigo Paints Ltd, which was 50 times oversubscribed, and engineering firm MTAR Technologies Ltd, oversubscribed more than 100 times.
  • Kalyan's offering of 95.71 million shares - worth 8.33 billion rupees at the upper end of the company's IPO price range of 86-87 rupees per share - had drawn bids by 1130 GMT on Thursday worth 10.66 billion rupees ($146.6 million).
Published 18 Mar, 2021 07:51pm
Indian shares slip on fears of fund outflow
Markets

Indian shares slip on fears of fund outflow

  • The NSE Nifty 50 index shed 1.11% to end at 14,557.85, while the S&P BSE Sensex slipped 1.17% to close at 49,216.52.
  • India's central bank may have to delay the start of liquidity normalisation by three months amid the rising cases, analysts say.
Published 18 Mar, 2021 05:09pm