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Firm strength in dollar offsets gains in INR made from positive equities and easing oil prices
The Indian rupee depreciated 34 paise to close at 94.67 (provisional) against the US dollar on Monday, weighed down by the strength of the American currency in the overseas market. Rupee witnessed volatility as steady debt and deposit inflows pulled the domestic currency in one way, while the lack of clarity on the Middle East peace deal and a firm dollar pulled it the other way. The Indian stock market, which snapped a five-day winning streak on Friday, rebounded and closed higher on Monday, lifted by gains in technology, healthcare and oil sectors. The mood in the market remained positive amid reports of progress in US-Iran peace talks. Additionally, weak oil prices eased concerns about inflation. The benchmark BSE Sensex closed up by 291.17 points or 0.38% at 77,094.07 after scaling a low of 77,160.67 and a high of 77,325.56 intraday. At the interbank foreign exchange market, the rupee opened at 94.42, registering a decline of 9 paise from its previous close. In intraday trade, ...
Quick Wrap: Nifty Media Index rises 1.42%
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Sensex Today | Nifty 50 | Stock Market Highlights: Sensex settles 291 pts higher, Nifty above 24,100; Cip... - The Economic Times
Sensex Today | Nifty 50 | Stock Market Highlights: Sensex settles 291 pts higher, Nifty above 24,100; Cip...The Economic Times
Stock Market Highlights, June 22: Sensex gains 291 pts, Nifty closes above 24,100; most sectors end higher - BusinessLine
Stock Market Highlights, June 22: Sensex gains 291 pts, Nifty closes above 24,100; most sectors end higherBusinessLine
Sensex rises 291 points, Nifty tops 24,100: 5 key drivers behind the market rally
Sensex rose 291 to 77094, Nifty gained 90 to 24102, led by HDFC Bank, ICICI Bank, Reliance Industries, Infosys, with IT and pharma stocks like Cipla outperforming
Top Gainers & Losers on June 22: Kirloskar Oil Engines, Delhivery, Gabriel India, Urban Company among top gainers
The Indian stock market closed with gains as US-Iran peace talks progressed, boosting pharmaceutical and technology stocks. The Nifty 50 rose 0.37% to 24,102, while the Sensex closed at 77,044, up 0.31%. Broader markets and various sector indices also recorded positive movements.
Stock market today: Sensex gains 300 points, Nifty 50 ends above 24,100; what moved the stock market today?
The Sensex ended 291 points, or 0.38%, higher at 77,094, while the Nifty 50 settled at 24,102.90, up 90 points, or 0.37%. The Nifty Midcap 100 and the Nifty Smallcap 100 indices rose by 0.34% and 0.60% higher, respectively.
Eicher Motors Ltd soars 1.08%, Gains for third straight session
Eicher Motors Ltd is quoting at Rs 7693, up 1.08% on the day as on 12:49 IST on the NSE. The stock is up 38.55% in last one year as compared to a 3.41% fall in NIFTY and a 14.11% fall in the Nifty Auto index.
IDFC First Bank Ltd soars 2.67%, rises for third straight session
IDFC First Bank Ltd is quoting at Rs 80.78, up 2.67% on the day as on 12:49 IST on the NSE. The stock is up 13.76% in last one year as compared to a 3.41% fall in NIFTY and a 3.22% fall in the Nifty Bank index.
ICICI Bank Ltd gains for fifth session
ICICI Bank Ltd is quoting at Rs 1357, up 0.78% on the day as on 12:44 IST on the NSE. The stock is down 4.44% in last one year as compared to a 3.42% fall in NIFTY and a 3.21% fall in the Nifty Bank.
Tata Group stock surges to 52-week high after third day of gains; Extends 2026 advance
A total of nine analysts have coverage on the Tata Communications stock and of them six have a "hold" rating, two have a "buy" rating and one has a "sell" rating.
Sensex, Nifty: Why a sharp stock market rally is unlikely in near future - Business Today
Sensex, Nifty: Why a sharp stock market rally is unlikely in near futureBusiness Today