As worries surrounding the general elections persisted, both the Sensex and the Nifty 50 witnessed a significant drop of over 1 per cent during Thursday's trading session. The volatility intensified on the weekly Nifty options expiry day, adding to the market turmoil.
Across the Asia-Pacific region, markets are displaying mixed sentiment ahead of China’s April trade figures and Japan’s pay statistics. Asian bond markets experienced a decline on Thursday, mirroring the selling pressure observed in Treasuries during the previous session, which supported the dollar.
In the early trade, the 30-share BSE Sensex declined 363.09 points to 73,148.76. Meanwhile, the Nifty dropped by 116.9 points to 22,185.60 points.
In the early trade, the 30-share BSE Sensex climbed 77.76 points to 73,973.30 Meanwhile, the Nifty was also up by 47.10 points to 22,489.80 points.
The marginal increase in the Sensex suggests cautious optimism among investors, while the dip in the Nifty indicates some profit-taking and consolidation in select sectors.
In the early trade, the 30-share BSE Sensex climbed 450 points to 74,081.79. Meanwhile, the Nifty was trading at over 22,550.
In the early trade, the 30-share BSE Sensex climbed 470.92 points to 75,082.03. Meanwhile, the Nifty was also up by 139.5 points to 22,787.70 points.
In the early trade, the 30-share BSE Sensex climbed 204.88 points to 74,687.66. Meanwhile, the Nifty was also up by 57.35 points to 22,662.20 points.
From the Nifty-50 pack, Mahindra & Mahindra, IndusInd Bank, Power Grid and Hero MotoCorp were the major gainers.
The early gains in both Sensex and Nifty suggest a positive outlook for the stock market, with investors anticipating continued momentum and favorable trading conditions throughout the session.
Indian stocks started the week on a positive note, riding on the coattails of a strong performance in US markets and improved investor sentiment. With the Sensex rising by 411 points and the Nifty climbing 53.70 points in early trade, sectors like the Nifty Bank emerged as top movers.
In the early hours of trading today, the Indian stock market witnessed a positive momentum, with the Sensex rising by 176.47 points to reach 74,515.91. Similarly, the Nifty recorded a gain of 50.05 points, reaching 22,620.40.
In line with optimistic trends seen in global markets, benchmark indices in India commenced Wednesday’s trading session on a positive trajectory. The Sensex initiated the day’s trading with a notable gap, surging over 200 points to reach 73,958.
Among the Nifty firms, notable gainers included ONGC, Apollo Hospital, Cipla, ITC, and Dr. Reddy, while BPCL, HDFC Life, Bajaj Auto, Infosys, and Coal India were the prominent losers.
The 30-share BSE Sensex declined 454.69 points to settle at 72,488.99. Meanwhile, the NSE Nifty declined 152.05 points to 21,995.85.
The sudden downturn in equity markets has raised concerns among investors, who are closely monitoring the situation for further developments and their potential impact on market stability.
The company's net profit more than doubled in the March quarter, soaring by 140% to Rs 3.47 crore, while sales stood at Rs 114.60 crore. For the full financial year 2023-24, the net profit surged by nearly 70% to Rs 4.88 crore.
Investors are closely monitoring the market dynamics and key developments to assess the trajectory of the stock market throughout the trading day. The positive start augurs well for market participants, with hopes of continued bullish momentum in the trading sessions ahead.
The 30-share BSE Sensex jumped 494.28 points to settle at a new closing peak of 74,742.50. The NSE Nifty climbed 152.60 points to 22,666.30. Meanwhile, The rupee settled on a flat note on Monday at 83.31 against the US dollar.
The 30-share BSE Sensex jumped 307.22 points to reach a record high of 74,555.44 while the NSE Nifty climbed 79.6 points to 22,593 in early trade.
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