Stock Market
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RBI’s status-quo on rates, stance buoys market: Power stocks rise
Mumbai: The RBI MPC’s decision to retain key lending rates buoyed India’s key benchmark equity indices — S&P BSE Sensex and NSE Nifty50 — on Thursday. Accordingly, the Monetary Policy Committee (MPC)…
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Firm global cues lift equities; metal stocks up
New Delhi: Firm global cues as well as value buying pushed India’s key benchmark equity indices — S&P BSE Sensex and NSE Nifty50 — higher on Wednesday. Besides, expectations of a status-quo…
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Value buying, easing oil prices lifts equities; metal stocks rise
Mumbai: Value buying triggered after three consecutive sessions of falls lifted India’s key benchmark equity indices — S&P BSE Sensex and NSE Nifty50 — marginally in the green on Tuesday. Besides, oil…
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SBI, Bank of Baroda shares rise amid weak broader mkt sentiment
New Delhi: Shares of some banks in the PSU segment swam against the current on Monday and traded sharply in the green on the back of improved asset quality in terms of…
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JM Financial gives ‘buy’ call for ITC, GAIL, M&M Financial, 6 others
New Delhi: The brokerage and investment firm JM Financial has given a ‘buy’ call for shares such as ITC, GAIL, Mahindra & Mahindra Financial, Welspun India, Apollo Tyres, Blue Star, V Guard…
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Forex reserves down by USD 4.531 bn to USD 629.755 bn
Mumbai: The country’s foreign exchange reserves declined by USD 4.531 billion to stand at USD 629.755 billion in the week ended January 28, RBI data showed on Friday. In the previous week…
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Equity settles in red, Nifty IT top losers; sugar stocks gain
New Delhi: India’s key benchmark equity indices — S&P BSE Sensex and NSE Nifty50 — settled in the red on Thursday due to profit booking after the recent rally coupled with subdued…
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Fiscal Push: Budget FY23, value buying lift equity indices
Mumbai: Stock buying sentiment triggered by Union Budget as well as attractive valuations lifted India’s key equity indices — S&P BSE Sensex and NSE Nifty50 — on Wednesday. Initially, the domestic equity…
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Equities cheer Budget; Tata Steel, L&T among top gainers
New Delhi: The Indian equities have continued gains from the morning session and closed sharply higher on the Budget day as the Centre continued with its strong capital expenditure spending for FY23.…
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Rupee jumps 45 paise to close at 74.62 against US dollar
Mumbai: The rupee surged 45 paise to close at 74.62 (provisional) against the US dollar on Monday supported by positive domestic equities and improved risk appetite. At the interbank forex market, the…
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Biggest Factor: Union Budget FY23 to chart equities’ course
Mumbai: The Union Budget FY23’s proposals will determine the trajectory of the Indian equities markets during the coming week. Besides, global cues such as the Russia-Ukraine conflict along with domestic quarterly earning…
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Equities settle marginally low, Nifty bank, auto top losers
New Delhi: After a substantial rebound in the morning session primarily due to value buying at lower levels, the Indian equities settled a tad low on Friday. The losses in the indices…
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Rupee slumps 31 paise to over four-week low of 75.09/USD
Mumbai: Registering its third straight session of loss, the rupee on Thursday depreciated by 31 paise to close at an over four-week low of 75.09 against the US dollar, tracking the strength…
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Specialty chemicals maker Neogen’s shares double in 1 year guided by PLIs
New Delhi: Shares of Neogen Chemicals have more than doubled in the past one-year period after the Centre announced production-linked incentives (PLIs) for specialty chemical manufacturers. The 30-year-old company, founded by Haridas…
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Investors lose Rs 9 lakh crore as Indian stock markets crashed on Monday
Mumbai: Investors in Indian stock markets lost over Rs. 9 lakh crore on Monday as markets have crashed due to FII funds outflow. The Sensex crashed nearly 1,546 points. Yesterday, the BSE…
