Sensex and Nifty 50 halted a five-day losing streak, advancing by 0.5 percent each in the afternoon, buoyed by positive signals from global markets.The optimism stemmed from a higher-than-expected increase in the latest US weekly jobless claims data, which fueled speculations of an early rate cut by the US Fed.Around noon, the Sensex was up 253 points or 0.4 percent at 72,657 and the Nifty 50 was ...

Indian benchmark indices were trading range bound amid volatility on 6 May, with Nifty 50 trading at the mid-point of its short-term support and resistance range. At around noon, Nifty was marginally in green at 22,505 points.The derivatives open interest data suggests a potential bounce-back from current levels, said experts, adding that the sustainability remains uncertain. The open interest put...

As Indian markets hit fresh record highs in 2024, with the Sensex blazing past 75,000 and the Nifty moving towards 22,800, they are turning up the heat on global markets, outpacing several emerging and even developed markets.Over the past year alone, Nifty has soared 27 percent, eclipsing the modest 7 percent rise seen in the MSCI Emerging Markets index, which was dragged by Chinese heavyweights l...

Prime Minister Narendra Modi and West Bengal Chief Minister Mamata Banerjee are set to hold consecutive Lok Sabha campaign rallies in Cooch Behar, North Bengal, on April 4.They are set to address voters in the same constituency for the first time, a region that has witnessed substantial electoral advancements for the Bharatiya Janata Party (BJP) since the 2019 elections.The constituencies of Cooch...

The public issue of Bharti Hexacom had a decent start to day two of bidding on April 4, as investors picked up 1.62 crore shares, or 0.40 times the issue of 4.12 crore shares up for grabs.Retail investors led the race, purchasing 0.61 times the portion reserved for them. Non-institutional investors were second in line after buying 0.46 times the allotted quota, and qualified institutional buyers (...