Posts in category Economic Times
Nifty Bank hits record highs but pares gains to close flat above 53,000 (04-07-2024)
The bank index saw a modest gain of 14 points, closing at 53,103, after hitting an intraday record high of 53,357. The Nifty50 also rose by 16 points, closing at 24,302. There was notable buying interest in Bank of Baroda, Kotak Bank, AU Small Finance Bank, and ICICI Bank. Conversely, selling pressure was observed in SBI, IndusInd Bank, Bandhan Bank, and HDFC Bank.
Stock market update: FMCG stocks down as market rises (04-07-2024)
The 30-share BSE Sensex closed up 62.87 points at 80049.67
Stock market update: Fertilisers stocks up as market rises (04-07-2024)
The 30-share BSE Sensex closed up 62.87 points at 80049.67
Stock market update: Power stocks down as market rises (04-07-2024)
The 30-share BSE Sensex closed up 62.87 points at 80049.67
Stock market update: Nifty Auto index advances 0.73% (04-07-2024)
The Nifty Auto index closed 0.73 per cent up at 25366.45.
Share market update: Most active stocks in today’s market in terms of volume (04-07-2024)
The NSE Nifty index closed 15.66 points up at 24302.15
Share market update: Most active stocks in today’s market in terms of volume (04-07-2024)
The NSE Nifty index closed 15.66 points up at 24302.15
Stock market update: Nifty IT index advances 1.1% (04-07-2024)
The Nifty IT index closed 1.1 per cent up at 37725.9.
Stock market update: Nifty IT index advances 1.1% (04-07-2024)
The Nifty IT index closed 1.1 per cent up at 37725.9.
What made Nomura turn bullish on Indian IT sector? Abhishek Bhandari answers (04-07-2024)
Nomura's bullish stance on Indian IT credits G2000 data stabilization, benefiting midcaps like Persistent, Coforge, and Birlasoft. Wipro's new CEO Srini stabilizes leadership and growth. Discretionary cuts stabilize; US rate cuts expected. Coforge-Cigniti deal boosts testing. Annuity-driven businesses grow. Banking portfolios, large deals vital. FY24 saw midcaps grow 10%+. QoQ growth set to improve.