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The author is a Trainee Journalist at BW Businessworld based in Mumbai. He tracks the Markets and related news.
The Sensex rallied more than 600 points in the day's trade to hit a new lifetime high of 61,353.25, and the Nifty-50 hit 18,350.75
Read MoreThe automobile sector outperformed all other sectors in the intraday session backed shares of Tata Motors and M&M. The company's stock saw massive gains post news of investment in EV subsidiary.
Read MoreThe Sensex and Nifty ended the session higher backed by advances in Auto and Power stocks. The Nifty also managed to hit 18,000 for the first time in history in the afternoon deals on Monday.
Read MoreThe Dalal-Street cheered the central bank's decision to leave the interest rates unchanged and keeping the liquidity stable in the markets. The Sensex jumped over 500 points in the intraday session led by gains in IT and heavyweight Reliance Industries.
Read MoreThe Sensex and Nifty recovered from its previous day's losses backed by advances in Banking, IT, and Realty stocks. The ongoing earnings session will further provide more direction to the markets in the near-term, said experts.
Read MoreThe Indian equity markets turned negative in the afternoon trade after opening positive on Wednesday. Declines in Metal and PSU Banking stocks dragged the markets the most in the intraday session.
Read MoreShares of Reliance Industries gained over two per cent in the day's trade being the top index contributer. The scrip hit a fresh record high of Rs 2,612, up Rs 56, or 2.12 per cent.
Read MoreThe Sensex and Nifty were trading in the red mainly due to profit booking after a sharp rally witnessed in the previous session. IT, Pharma and Banking stocks were the top drags, while the Energy stocks outperformed.
Read MoreArun Malhotra, Founding Partner & Portfolio Manager, CapGrow Capital Advisors believes we can expect some market correction and there may be a pause as markwts may consolidate at current levels.
Read MoreThe Indian benchmark indices closed lower for the third consecutive day on Thursday due to sustained sell-off in banking and metal stocks. Furthermore, the monthly and weekly expiry of derivative contracts also weighed on the market.
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