Business

July 7, 2024 7:07 PM

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Foreign Portfolio Investors have shown robust interest in Indian equities

Foreign Portfolio Investors (FPIs) have shown robust interest in Indian equities, with a net inflow of 7,962 crore rupees recorded till July 5, supported by favourable economic indicators and earnings growth momentum. This follows a robust inflow of 26,565 crore rupees in the last month. According t...

July 6, 2024 7:04 PM

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Indian market surges high in the fifth consecutive week

Indian equity indices extended the winning streak in the fifth consecutive week with benchmark indices crossing major milestones in the first week of July amid positive global cues and extended support from foreign investors.   This week, BSE Sensex rose 963.87 points or 1.21 percent to close at 79,...

July 6, 2024 5:30 PM

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Over 42 lakh new demat accounts opened in June 2024

As the Indian stock market keeps touching new highs amid a record bull run, over 42 lakh new demat accounts were opened in June 2024. According to data from the Central Depository Service and National Securities Depository, the number of demat accounts opened in June totalled over 42.4 lakh, marking...

July 6, 2024 5:26 PM

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All three major indices of the US stock market ended in green

In the US stock market, all three major indices ended in Green yesterday. S&P 500, Nasdaq Composite Mark Record Closes and the Dow also finished higher after the release of the June jobs report. The U.S. added 206,000 non-farm jobs last month, according to Bureau of Labor Statistics data release...

July 5, 2024 6:57 PM

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Oil prices edge lower

Oil prices edged lower on Saturday but were trading near their highest since late April. Brent crude was down by 0.19 percent, to 87 dollars and 26 cents per barrel. The U.S. West Texas Intermediate (WTI) crude was down 0.06 percent, to 83 dollars and 83 cents per barrel, when reports last came in.

July 5, 2024 6:52 PM

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Gold and Silver prices positive at Multi Commodity Exchange

At Multi Commodity Exchange, Gold and Silver prices were positive on Saturday (5th July 2024). The precious metal, for August contract, was up by 0.18 percent and trading at 72,500 rupees per 10 grams, whereas Silver for July contract, was up by 0.21 percent and trading at 90,223 rupees per kilogram...

July 5, 2024 5:24 PM

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Sensex slips 53 points to close at 79,997

India's Equity Benchmark Indices closed mix after recovery in the final hours on Friday (5th July 2024). At close, the Sensex slipped 53 points, or 0.07 percent to close at 79,997. Nifty registered a slim gain of 22 points, or 0.09 percent to settle at 24,324. Nearly 380 companies hit their fresh 52...

July 5, 2024 1:00 PM

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Stock Market: Sensex down 510 points & Nifty down 88 points

Benchmark equity indices declined in early trade today amid profit-taking after a record rally in the last few trading sessions and selling in blue-chip stocks.   BSE Sensex was down 510 points or 0.64 per cent at 79,538 and Nifty was down 88 points or 0.36 per cent at 24,214, when the reports ...