Market News
Stay updated with the latest market trends, earnings, and economic indicators.
HDFC Bank shares are near a key level and retail continues to bet on it
Shares of HDFC Bank are at a crucial juncture. At the close of trade on Monday, the stock had closed above its 100-Day Moving Average, which was at levels of ₹809.
Kotak AMC, executives seek settlement in Essel Group debt dispute
The case dates back to the 2019 Essel liquidity crisis, when a sharp fall in Zee Entertainment's share price triggered margin calls on pledged shares securing debt held by six Kotak fixed maturity plans (FMPs). The case relates to Kotak Mutual Fund's six close-ended debt schemes (FMPs), which had invested in zero coupon non-convertible debentures (NCDs) issued by Konti Infrapower & Multiventures and Edison Utility Works, part of the Essel Group, the promoter group of Zee Entertainment Enterprises.
Kotak AMC, executives seek settlement in Essel Group debt dispute
The case dates back to the 2019 Essel liquidity crisis, when a sharp fall in Zee Entertainment's share price triggered margin calls on pledged shares securing debt held by six Kotak fixed maturity plans (FMPs). The case relates to Kotak Mutual Fund's six close-ended debt schemes (FMPs), which had invested in zero coupon non-convertible debentures (NCDs) issued by Konti Infrapower & Multiventures and Edison Utility Works, part of the Essel Group, the promoter group of Zee Entertainment Enterprises.
Sensex, Nifty end at highest levels in 10 weeks on HDFC Bank, oil boost
Indian equity benchmarks rose to their highest closing levels in about 10 weeks, supported by HDFC Bank, easing crude oil prices and continued foreign portfolio investor inflows
Nifty July futures trade at a premium
HDFC Bank, Dixon Technologies (India) and Reliance Industries were top traded contracts.
Top Gainers & Losers on 6 July: Swan Corp, Zen Tech, HFCL, HDFC Bank, Thermax, Hitachi Energy among top gainers
Indian stock markets rose on July 6, with benchmark indices gaining over 0.60%. The Nifty 50 closed 0.66% higher at 24,420, while Sensex advanced 0.67% to 78,236. HDFC Bank and Axis Bank drove gains, while Nifty Realty led sectoral increases with a 2% rise.
Stock market today: Sensex jumps 500 points, Nifty 50 closes above 24,400; investors earn ₹2 lakh crore in a day
The Sensex ended 521 points, or 0.67%, higher at 78,285, while the Nifty 50 closed at 24,430, up 160 points, or 0.66%. The mid and small-cap segments also rose. The Nifty Midcap 100 and Smallcap 100 indices gained 0.45% and 0.75%, respectively.
Sensex jumps over 600 points, Nifty above 24,450: Top 6 factors fueling today's Dalal Street rally
Indian stock markets soared on Monday, with Sensex and Nifty extending their rally for a fourth straight session. Heavy rainfall bolstering monsoon hopes, coupled with Foreign Institutional Investors turning net buyers, significantly boosted investor sentiment. HDFC Bank led the gains, while broader markets also saw positive movement, adding substantial value to the overall market capitalization.
Market rally explained: Sensex jumps 624 points intraday; Nifty tops 24,450
Buying interest extended to broader markets as well, with the Nifty Midcap 100 and Nifty Smallcap 100 indices trading higher by 0.31 per cent and 0.34 per cent, respectively.
China gold ETF overtakes CSI 300 fund as investors move away from equities
State-backed purchases of stock ETFs have eased in China, while demand for gold, fixed-income and cash-management funds has reshaped the country's ETF rankings.
Nifty Bank rises 400 points as HDFC Bank, IndusInd, other stocks jump up to 3% after Q1 updates
The Nifty Bank index rose over 400 points on Monday as gains in HDFC Bank, IndusInd Bank and ICICI Bank outweighed a sharp decline in Kotak Mahindra Bank. Investors reacted to first-quarter business updates, with HDFC Bank emerging as the top gainer after reporting healthy growth in advances and deposits.
Sensex today | Stock Market Live Updates: Sensex, Nifty open higher as HDFC Bank, Axis Bank rally; lower crude aids sentiment - BusinessLine
Sensex today | Stock Market Live Updates: Sensex, Nifty open higher as HDFC Bank, Axis Bank rally; lower crude aids sentimentBusinessLine