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Apr 27, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

BSE Sensex

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

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
Indian shares slump as COVID-19 cases rise again; Reliance top drag
Markets

Indian shares slump as COVID-19 cases rise again; Reliance top drag

  • The blue chip NSE Nifty 50 index closed 1.27% lower at 14,721.30, while the benchmark S&P BSE Sensex fell 1.12% to end at 49,801.62. Both indexes have now posted four straight sessions of losses.
  • A rise in US bond yields has also limited gains for Nifty and Sensex this month to about 3%, versus a 6.6% jump in February.
Published 17 Mar, 2021 05:08pm
Indian shares close nearly 1pc lower as financials slump; ICICI Bank weighs
Markets

Indian shares close nearly 1pc lower as financials slump; ICICI Bank weighs

  • The blue-chip NSE Nifty 50 index fell 0.95% to close at 15,030.95, while the benchmark S&P BSE Sensex shed 0.95% to end at 50,792.08.
  • "At these elevated levels, the (domestic) indexes are exposed to any triggers globally," said Siddhartha Khemka, head of retail research at Motilal Oswal Financial Services in Mumbai.
Published 12 Mar, 2021 05:16pm
Indian shares end higher as heavyweight financials climb
Markets

Indian shares end higher as heavyweight financials climb

  • The blue-chip NSE Nifty 50 index closed 0.95% higher at 15,098.4, while the benchmark S&P BSE Sensex was up 1.16% at 51,025.48.
  • The Nifty Bank Index advanced 1.7%, adding to last month's near 14% gain, with top private-sector lender HDFC Bank Ltd climbing 2.8%.
Updated 09 Mar, 2021 09:30pm
Indian shares flat as HDFC weighs; Muthoot Finance falls
Markets

Indian shares flat as HDFC weighs; Muthoot Finance falls

  • The blue chip NSE Nifty 50 index added 0.12% to close at 14,956.20, while the benchmark S&P BSE Sensex gained 0.07% to close at 50,441.07.
  • Market sentiment also tracked global shares, which were mixed as initial optimism over the US Senate's passing of a $1.9 trillion stimulus bill gave way to inflation fears.
Published 08 Mar, 2021 06:10pm
Indian shares end higher as Reliance surges on airwaves purchase
Markets

Indian shares end higher as Reliance surges on airwaves purchase

  • The NSE Nifty 50 index ended 2.19% higher at 15,245.60, while the S&P BSE Sensex closed 2.28% higher at 51,444.65.
  • Investor mood across the globe was also positive with MSCI's broadest index of Asia-Pacific shares outside Japan adding 1.7% and the Euro STOXX 600 rising 0.7%.
Published 03 Mar, 2021 05:40pm
Indian shares settle higher as IT, auto stocks gain
Markets

Indian shares settle higher as IT, auto stocks gain

  • The NSE Nifty 50 index ended 1.07% higher at 14,919.10, while the S&P BSE Sensex closed 0.9% higher at 50,296.89.
  • Infosys and Tata Consultancy Services gained 3.2% each, while the broader Nifty IT index closed 3.04% higher.
Published 02 Mar, 2021 06:03pm
Indian shares sink ahead of GDP data; financials, ONGC weigh
Markets

Indian shares sink ahead of GDP data; financials, ONGC weigh

  • The blue-chip NSE Nifty 50 index shed 3.76% to close at 14,529.15, while the benchmark S&P BSE Sensex ended 3.80% lower at 49,099.99.
  • Panic in global bond markets led to sharp rise in yields which spooked investors...the market correction might continue for some time till inflation fears ease down.
Published 26 Feb, 2021 05:49pm
Indian shares end higher as Reliance, energy stocks gain
Markets

Indian shares end higher as Reliance, energy stocks gain

  • The NSE Nifty 50 index ended 0.77% higher at 15,097.35 and the S&P BSE Sensex closed up 0.51% at 51,039.31, ahead of December-quarter gross domestic product data due on Friday.
  • Reliance, which fell 3.5% on Monday, has since recovered and is up more than 4% so far this week.
Published 25 Feb, 2021 06:03pm
Indian shares end flat; Reliance gains, financials weigh
Markets

Indian shares end flat; Reliance gains, financials weigh

  • There is no positive news in the near term to propel markets higher and we may continue to see such sedate moves until there are fresh triggers that will decide which way market will move going-ahead.
  • Reliance Industries was the top boost to the Nifty 50, closing up 0.8% after the conglomerate said it expected to hive off its oil-to-chemicals (O2C) business in the September quarter.
Published 23 Feb, 2021 07:53pm
Indian shares drop as investors take profits, virus worries weigh
Markets

Indian shares drop as investors take profits, virus worries weigh

*The NSE Nifty 50 index ended 2.04% lower at 14,675.70, clocking its biggest one-day drop since Dec. 21. The S&P BSE Sensex closed down 2.25% at 49,744.32. * There is a round of profit-booking that is still happening ... valuations remain high and we are seeing a consolidation.
Updated 22 Feb, 2021 10:05pm
Indian shares extend losses as financials slide
Markets

Indian shares extend losses as financials slide

  • The NSE Nifty 50 index closed 0.91% lower at 14,981.75, while the S&P BSE Sensex ended down 0.85% at 50,889.76.
  • Lenders State Bank of India, Axis Bank ICIC Bank were the three biggest drags on the Nifty 50, falling between 3.5% to 3%.
Published 19 Feb, 2021 08:27pm
Indian shares end flat as some banks fall, Reliance gains
Markets

Indian shares end flat as some banks fall, Reliance gains

  • The NSE Nifty 50 index closed 0.01% lower at 15,313.45 on Tuesday, while the S&P BSE Sensex ended down 0.1% at 52,104.17.
  • Shares in the lenders - Indian Overseas Bank, Bank of Maharashtra, Bank of India and Central Bank of India - each ended 20% higher.
Published 16 Feb, 2021 08:03pm
Indian shares set record closing highs as banks surge
Markets

Indian shares set record closing highs as banks surge

  • Domestic stock indexes have rallied more than 12% in February on a high-spending federal budget, better-than-expected December-quarter corporate earnings and strong foreign fund inflows.
  • On Monday, the NSE Nifty 50 index ended 1% higher at 15,314.70, while the S&P BSE Sensex closed 1.18% higher at 52,154.13.
Published 15 Feb, 2021 09:29pm
Indian shares close at over 1-mth low as IT, consumer stocks weigh
Markets

Indian shares close at over 1-mth low as IT, consumer stocks weigh

  • The blue-chip NSE Nifty 50 index fell 1.07% to 13,817.55 and the benchmark S&P BSE Sensex closed 1.13% weaker at 46,874.36.
  • Shares of automaker Maruti Suzuki India Ltd fell 3.5% after the company's margins for the December-quarter fell on rising costs, despite an uptick in demand.
Published 28 Jan, 2021 08:42pm
Indian shares close at record high on HDFC boost
Markets

Indian shares close at record high on HDFC boost

  • The blue-chip NSE Nifty 50 index ended 0.47% higher at 14,199.5, while the benchmark S&P BSE Sensex gained 0.54% to 48,437.78.
  • Indian shares hit record highs on Friday and Monday to kick off the new year.
Published 05 Jan, 2021 05:24pm
Indian shares kick off 2021 with record closing highs
Markets

Indian shares kick off 2021 with record closing highs

  • The blue-chip NSE Nifty 50 index ended up 0.26% at 14,018.50, marking its first close above the 14,000 level.
  • The Nifty IT index closed up 0.84%, and heavyweight Tata Consultancy Services was the biggest boost to the Nifty 50.
Published 01 Jan, 2021 07:27pm
Indian shares weather tough 2020 with solid gains
Markets

Indian shares weather tough 2020 with solid gains

  • The benchmark NSE Nifty 50 index rose 14.9% to clock its best year since 2017, while the S&P BSE Sensex gained 15.75%.
  • The Nifty was flat at 13,981.75 after rising briefly to life-time high of 14,024.85 and the Sensex closed 0.01% higher at 47,751.33.
Published 31 Dec, 2020 06:48pm