Benchmarks Sensex and Nifty 50 ended closed flat after a choppy trading session on May 17. Metal and mining stocks posted the highest gains, while financial services and IT stocks were the biggest laggards."The prime minister has hinted about a sharp rally in the market after June 4th. The market is likely to move up before the election results since the market is smart enough to anticipate the re...

Shares of Hindustan Zinc zoomed over 14 percent on May 21, extending gains for the fifth straight session. Indian metals stocks have been rallying significantly, driven by expectations that the sharp rise in metal prices will enhance company margins.Additionally, with stable production costs and higher selling prices, increased profits per unit sold are anticipated.Prices of Industrial metal inclu...

Stocks were trading subdued, with the measure of volatility spiking to near two-year highs as investors digest the recent spate of selling by foreign investors.Benchmark indices Sensex and Nifty 50 were down on the afternoon of May 21, weighed by shares of financial services and information technology. IT companies - which derive significant revenue from the US - declined on concerns over US inter...

So far, 2024 has seen stock markets across the globe embark on tearaway rallies to hit fresh lifetime highs as pandemic-era slowdowns and inflation-related concerns abate while rising investor sentiment contributed to the positivity. Among the various indices, Wall Street’s Dow Jones notched its first close above the coveted 40,000 mark on May 17.Over the past year, the Dow Jones has surged almo...

The Sensex and Nifty opened lower on May 21, influenced by Asian indices, which took a breather after seven consecutive days of gains. In the domestic market, metal and mining company stocks saw gains, while FMCG and IT stocks were the biggest laggards.At 09.17 AM, the BSE Sensex was down 150 points, or 0.2 percent, at 73,855, and the NSE Nifty 50 was down 37 points at 22,464. About 1,337 shares a...