Results for: Indian Markets

This week in India, financial markets experienced fluctuations, with the Nifty and Sensex closing in the red. Adani Ports saw significant profit growth, while Ola Electric shares took a steep dive. In Uttarakhand, a concerning HIV outbreak emerged, affecting over 19 young men. Meanwhile, Prime Minister Modi honored Sardar Patel, and Telangana banned raw egg mayonnaise following a food poisoning incident. On the global stage, Donald Trump claimed the title of ‘father of IVF,’ and Iran issued threats against Israel. The Indian community in Canada faced controversy over Diwali celebrations at Parliament Hill.

Wednesday’s Indian market saw a mixed bag of news: gold surged to a new record high, the Sensex and Nifty declined for the second day in a row, and several companies reported record-breaking Q2 earnings. Meanwhile, a 17-year-old was apprehended for bomb threats on multiple flights, and the Israel-Hezbollah conflict continues to escalate.

Indian markets extended their winning streak on Wednesday, marking the fourth consecutive day of gains. The Nifty 50 index closed 34 points higher at 22,402, while the BSE Sensex surged 114 points to end at 73,852. The Bank Nifty index also climbed 218 points to close at 48,189. Cash market volumes on the NSE were lower than the previous day, totaling 1.03 lakh crore. Broad market indices outperformed the Nifty 50, while the advance-decline ratio remained positive. Analysts expect a brief consolidation in markets before they resume their upward trajectory.

Indian equity markets closed in the green on Tuesday, with the Sensex and Nifty gaining points. Bharti Airtel emerged as the top gainer, while Reliance Industries (RIL) weighed on the indices. The Sensex rose by 90 points to settle at 73,738, while the Nifty climbed by 31 points to close at 22,368.

The Indian equity markets opened on a positive note on Tuesday, with the Sensex and Nifty 50 gaining ground amid a positive global environment and gains in realty and IT stocks. Fueled by a decline in oil prices, the markets extended their Monday gains, signaling a sustained underlying bullishness despite external macroeconomic factors.