The Indian stock market witnessed another round of selling pressure in Wednesday’s trade, March 11, as escalating tensions in the Middle East have kept investor’s sentiment fragile. After a 1% rally in the previous session, the Nifty 50 reversed its gains, falling 1.63% to the 23,866 level, while the BSE Sensex also dropped sharply by…
Authum Investment & Infrastructure saw a massive rise in its share price in Tuesday’s session, March 10, climbing 20% to the day’s high of ₹486.35 apiece, also marking its biggest intraday spike since mid- March 2024. Today’s rally also helped the multibagger stock reverse some of its recent losses. In the previous session, the stock…
The Indian stock market resumed its losing streak in Friday’s session, with key averages losing all of their previous day’s gains as the war in the Middle East continued to worsen as it entered its seventh day, keeping investor sentiment fragile. The Nifty 50 and BSE Sensex both lost 1.20% and 1.39%, respectively, while the…
Even as the ongoing US-Iran war kept the Indian stock market under pressure in Friday’s session, March 6, shares of Garden Reach Shipbuilders & Engineers (GRSE) jumped 7% to reach the day’s high of ₹2,576 apiece following a key collaboration with Kalyani Strategic Systems Limited (KSSL). The defense PSU major opened the session higher at…
Bulls came to the rescue of the Indian stock market in Thursday’s trade, March 05, after a three-day brutal sell-off that wiped out billions in investor wealth amid fears that intensifying tensions in the Middle East could stoke inflation. Even though the US-Israel war with Iran still remains heated, the Nifty 50 closed 285 points…
The key benchmark indices ended the final trading session of February with sharp losses, dragged down by heavyweights, even as the sell-off in tech stocks paused. The weak handover from Wall Street, coupled with rising crude oil prices amid a lack of clarity over US-Iran talks, has also weighed on sentiment. Consequently, the Nifty 50…
It was another range-bound session for the Indian stock market, as the key averages remained largely unchanged in Thursday’s trade, February 26, with investors assessing the impact of rising crude oil prices amid mounting tensions in the Middle East, even as confidence in global tech stocks improved. Though the key benchmark indices closed flat, they…
The Indian stock market closed Wednesday’s session, February 25, on a higher note, albeit with modest gains, as key indices erased most of their opening gains to settle near the day’s low. IT stocks saw a sharp relief rally after a brutal sell-off in the previous session triggered by AI disruption fears. Metal and auto…
The Indian stock market remained higher in Wednesday’s session on February 18, as late-hour buying helped the key indices extend gains for the third straight session. The rally was largely led by metals, PSU, and FMCG stocks. Consequently, the Nifty 50 finished the session 0.35% higher at the 25,819 level, while the S&P BSE Sensex…
IT stocks: Ramco Systems, a global aviation software specialist, saw a sharp surge in its shares during Wednesday’s trade, February 18, rising 4.3% to the day’s high of ₹540.50 apiece following the company’s launch of a new AI agent platform aimed at enhancing customer experience. The company announced its entry into the Agentic AI product…
