Market News
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Bitcoin falls to two-month low as Strategy sale, West Asia risks weigh
Bitcoin fell to its lowest level since early April after top corporate holder Strategy sold a portion of its holdings and escalating West Asia tensions dampened risk appetite. Continued ETF outflows and uncertainty over US-Iran relations further pressured the cryptocurrency market.
Market snaps four-day losing streak; Nifty settles above 23,450 mark
As per provisional closing data, the barometer index, the S&P BSE Sensex surged 382.50 points or 0.52% to 74,649.84. The Nifty 50 index rallied 100.95 points or 0.43% to 23,483.55. In the past four consecutive trading sessions, the Sensex tanked 2.90% while the Nifty fell 2.70%.
Sensex, Nifty snap 4-day losing streak; benchmark indices recover over 1% from intraday lows
The Sensex rose 383 points to close at 74,650, while the Nifty gained 101 points to end at 23,484. The market recovered more than 1% from the day’s lows during intraday trade. The Nifty traded above the 23,500 mark during the session.
Top Gainers & Losers on June 2: Newgen Software Tech, Concord Biotech, TCS, HFCL, NMDC among top gainers
On June 2, Indian stocks rebounded with benchmarks up over 0.5%, driven by technology shares. The Nifty 50 and Sensex closed at 23,506 and 74,692, respectively. However, India fell to seventh in global market capitalisation due to overseas selling and weak earnings growth.
Market wrap: Sensex rises 383 points, Nifty closes near 23,500 as IT stocks shine - The Economic Times
Market wrap: Sensex rises 383 points, Nifty closes near 23,500 as IT stocks shineThe Economic Times
Market wrap: Sensex rises 383 points, Nifty closes near 23,500 as IT stocks shine - The Economic Times
Market wrap: Sensex rises 383 points, Nifty closes near 23,500 as IT stocks shineThe Economic Times
Nifty Above 23,500, Sensex Up 1,000 Points From Day's Low — Three Key Reasons Why Market Is Rising
This surge comes against the backdrop of several positive cues, including a rally in IT stocks, and an easing VIX.
Piramal Pharma Ltd drops for fifth straight session
Piramal Pharma Ltd is quoting at Rs 165.7, down 3.04% on the day as on 13:19 IST on the NSE. The stock jumped 2.13% in last one year as compared to a 4.38% slide in NIFTY and a 11.99% spurt in the Nifty Pharma index.
Dr Reddys Laboratories Ltd slips for fifth straight session
Dr Reddys Laboratories Ltd is quoting at Rs 1274.9, down 1.2% on the day as on 13:19 IST on the NSE. The stock jumped 2.13% in last one year as compared to a 4.38% slide in NIFTY and a 11.99% spurt in the Nifty Pharma index.
APL Apollo Tubes Ltd down for fifth straight session
APL Apollo Tubes Ltd is quoting at Rs 1751.6, down 2.05% on the day as on 13:19 IST on the NSE. The stock tumbled 3.53% in last one year as compared to a 4.38% slide in NIFTY and a 48.51% spurt in the Nifty Metal index.
Emami Ltd drops for fifth straight session
Emami Ltd is quoting at Rs 392.55, down 1.27% on the day as on 13:19 IST on the NSE. The stock tumbled 34.27% in last one year as compared to a 4.38% slide in NIFTY and a 12.78% fall in the Nifty FMCG index.
SBI Cards & Payment Services Ltd eases for fifth straight session
SBI Cards & Payment Services Ltd is quoting at Rs 602.3, down 2.22% on the day as on 13:19 IST on the NSE. The stock tumbled 34.27% in last one year as compared to a 4.38% slide in NIFTY and a 5.12% fall in the Nifty Financial Services index.