Stock Market News
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HDFC Bank shares continue decline, post 10 per cent loss in two days
Business | January 18, 2024 10:51 ISTThe bank's American Depository Receipts fell over 15 per cent in the last two days, resulting in a more than 10 per cent slump in the domestic HDFC Bank stock.
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Sensex plunges 1,628 points, Nifty down 2.06 per cent in biggest single day loss since June 2022
Business | January 17, 2024 16:25 ISTThe fall in the Sensex and Nifty was primarily triggered by a substantial fall in HDFC Bank's share price.
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Why did Sensex fall over 1,600 points, Nifty below 22,000 after hitting record highs?
Business | January 17, 2024 16:28 ISTBanking shares faced significant selling pressure as all 12 Nifty Bank index constituents traded with cuts. The selling activity was triggered by negative commentary on HDFC Bank's below-par third quarter figures, impacting sentiment across the sector.
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HDFC Bank shares fall 7 per cent post Q3 earnings; market cap erodes by Rs 72,736 crore
Business | January 17, 2024 11:30 ISTHDFC Bank reported a net profit of Rs 16,372 crore compared to Rs 15,976 crore in the quarter-ago period on a standalone basis.
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Stock markets: Sensex plunges over 1,300 points, Nifty falls below 22,000-level in early trade
Market | January 17, 2024 10:34 ISTThe stock market witnessed a sharp decline as it opened in negative, with the Sensex plummeting more than 1,300 points to 71,757.54 in early trade. The overall market sentiment seemed to be impacted by HDFC Bank's decline, signaling a broader market correction.
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Sensex falls 199 points, Nifty below 22,050 amid global weakness, profit booking in IT stocks
Business | January 16, 2024 15:59 ISTThe BSE Sensex was down 199.17 points at 73,128.77, while the Nifty fell by 65.15 points to 22,032.30.
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Jio Financial plunges nearly 6 per cent as Q3 net profit declines 56 per cent QoQ to Rs 293.82 crore
Business | January 16, 2024 11:07 ISTJio Financial Services' net profit during the nine-month period rose from Rs 32.25 crore to Rs 1,293.92 crore, while revenue increased from Rs 41.63 crore during the year ending March 2023 to Rs 1,435.78 crore in December 2023.
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Stock markets updates: Sensex, Nifty open marginally lower a day after hitting record high
Market | January 16, 2024 13:37 ISTStock markets: In the early trade, the 30-share BSE Sensex fell around 227 points to 73,101.01. Meanwhile, the Nifty also saw a decline of 68 points to begin on a quiet note.
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Sensex surges by 759 points to cross 73,000 mark, Nifty rises 202 points to 22,097
Business | January 15, 2024 15:53 ISTThe BSE Sensex rose by 1.05 per cent, reaching 73,327.94, while the Nifty was 202 points, or 0.93 per cent higher at 22,097.50. The market breadth reflected this movement, with 1787 shares advancing, 1609 shares declining, and 78 shares remaining unchanged.
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Wipro surges over 13 per cent despite 12 per cent decline in Q3 profit YoY
Business | January 15, 2024 11:16 ISTWipro's revenue from its IT business fell by 1 per cent and stood at Rs 22,151 crore, while its earnings before interest and tax margin for its IT business stood at 16 per cent.
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Stock markets: Sensex breaches 73,000-mark for first time, Nifty goes past 22,000 in early trade
Market | January 15, 2024 10:23 ISTStock market indices achieved new milestones on Monday, with the BSE Sensex reaching a record high and the NSE Nifty surpassing the 22,000 mark for the first time.
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Wipro Q3 profit declines 12 per cent YoY to Rs 2,694 crore, revenue falls over 4 per cent
Business | January 12, 2024 17:08 ISTThe consolidated revenue for Wipro in the third quarter stood at Rs 22,205 crore, a 4.40 percent year-on-year (YoY) decline.
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Sensex hits record 72,720; Nifty at all time high of 21,928 led by IT stocks
Budget | January 12, 2024 16:02 ISTThe Sensex rallied by 847.27 points to end the session at a record high of 72,568.45, while the Nifty rose by 247.35 points to an all-time high of 21,894.55.
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Stock markets jump in early trade; Sensex gains over 700 points, Nifty above 21,780
Business | January 12, 2024 13:16 ISTThe 30-share BSE Sensex climbed over 700 points to 72,431.14 Meanwhile, the Nifty also surged by 141.95 points to 21,789.15.
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Maxposure IPO to open for subscription on January 15. Here's all you need to know
Business | January 11, 2024 14:56 ISTMaxposure has set the price band for the offering at Rs 31 to Rs 33 per share, with a face value of Rs 10 per share, with the book-built issue amounting to Rs 20.26 crore and comprising an entirely fresh issue of 61.4 lakh shares.
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Stock markets update: Sensex surges 342 points, Nifty up by 108 points to 21,726 in early trade
Business | January 11, 2024 11:15 ISTStock markets update: In the early trade, the 30-share BSE Sensex climbed 341.76 points to 71,999.47. Meanwhile, the Nifty was also up by 107.8 points to 21,726.50 points.
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Stock markets open in red with Sensex down by over 80 points amid weak global cues
Market | January 10, 2024 10:38 ISTThe 30-share BSE Sensex dropped 81.35 points to 71,304.86 in early trade. Meanwhile, the Nifty fell by 27 points to 21,517.85.
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Sensex climbs 30.99 points to settle at 71,386, Nifty rises 31.85 points to 21,544
Business | January 09, 2024 16:04 ISTThe Sensex rose by 30.99 points, while the Nifty index climbed by 31.85 points on Tuesday.
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Adani Ports share surge over 5 per cent as company returns to bond market after two years hiatus
Business | January 09, 2024 11:27 ISTAdani Ports is entering the bond market after the Supreme Court decision that the Adani Group is not required to undergo additional investigations beyond the market regulator’s current scrutiny.
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Stock markets update: Sensex soars 493 points, Nifty atop 21,670 amid positive global cues
Market | January 09, 2024 10:57 ISTIn the early trade, the 30-share BSE Sensex jumped 493.4 points to 72,156.48. Meanwhile, the Nifty also gained 160.65 points to 21,673.65 points.
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