Business

June 19, 2024 6:30 PM June 19, 2024 6:30 PM

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Stock Market: Record Highs for S&P 500 and Nasdaq, Nvidia Leads Surge

The S&P 500 and Nasdaq closed at record highs yesterday, buoyed by Nvidia's continued surge to new peaks, while the Dow ended barely higher in subdued pre-holiday trading following softer-than-expected U.S. retail sales data. The S&P 500 appreciated 0.25 percent, the Dow Jones Industrial Ave...

June 18, 2024 7:57 PM June 18, 2024 7:57 PM

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Gross direct tax collections for FY 2024-25 surge by 22.19%

Gross and net direct tax collection witnessed robust growth in the current financial year in comparison to corresponding period of previous financial year 2023-24. Gross Direct Tax collections till 17th of June in this financial year, registered a growth of 22.19 percent while net tax collection wit...

June 18, 2024 7:58 PM June 18, 2024 7:58 PM

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Sensex rises 308 points, Nifty settles at 23,558

India's Equity Benchmark Indices closed at record high on Tuesday. The Sensex rose 308 points, or 0.40 percent, to close at 77,301. Nifty gained 92 points, or 0.39 percent, to settle at 23,558. In the Forex market today, the Indian rupee closed at 83 rupee and 41 paisa against US dollar.   In the Mu...

June 18, 2024 5:08 PM June 18, 2024 5:08 PM

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Major Asian indices end in green on Tuesday

Major Asian indices ended in green on Tuesday. Japan's Nikkei gained 1 percent, China's Shanghai Composite Index was up by 0.48 percent, South Korea's Kospi climbed 0.72 percent, Singapore's Straits Times also jumped 0.12 percent and Hong Kong's Hang Seng slipped 0.11 percent.   In the European mark...

June 18, 2024 1:55 PM June 18, 2024 1:55 PM

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Sensex & Nifty Reach New All-Time Highs; Indian Markets Surge on Investor Confidence

India’s equity benchmarks opened in the green today. In a remarkable intra-day session, Sensex and Nifty hit their new all-time high levels. The BSE Sensex surged by 225 points, reaching a milestone of 77,218. NSE Nifty also scaled new heights, gaining 67 points to touch a record peak of 23,533 at 1...

June 17, 2024 6:05 PM June 17, 2024 6:05 PM

Major Asian indices end in RED 

Major Asian indices ended in RED on Monday. Japan's Nikkei fell 1.87 percent and China's Shanghai Composite Index was down by 0.56 percent. South Korea's Kospi tanked 0.52 percent and Hong Kong's Hang Seng slipped 0.03 percent.   In the European market, major indices showed mixed performance as Fran...

June 14, 2024 8:27 PM June 14, 2024 8:27 PM

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Sensex rises 182 points, Nifty settles at 23,465

India's Equity Benchmark Indices registered gain amid mixed global cues on Friday. Meanwhile, in the broader market at the BSE, both Midcap and smallcap gained over one percent each.   The Sensex rose 182 points, or 0.24 percent, to close at 76,992. Nifty gained 67 points, or 0.29 percent, to settle...

June 14, 2024 5:34 PM June 14, 2024 5:34 PM

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WPI inflation rises to 2.61% in May

India's Wholesale Price Index (WPI) based inflation surged to 2.61 per cent in May 2024. This is the highest rate in 15 months since February 2023, when it stood at 3.85 per cent, before dropping to 1.41 per cent in March 2023. The data released by the Ministry of Commerce and Industry today shows t...

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