Markets continue the winning streak for fourth session; Nifty nears 25,000, Sensex surges over 370 points

Markets continue the winning streak for fourth session; Nifty nears 25,000, Sensex surges over 370 points

Stock Market Closing: Indian equity benchmarks extended their winning streak for the fourth straight session, buoyed by strong gains in Reliance Industries and select auto stocks. The Sensex closed 371 points higher at 81,644.39 (+0.46 per cent), while the Nifty 50 ended just below the 25,000 mark at 24,981, up 104 points (+0.42 per cent). The…

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Why stock market is rising today: Sensex, Nifty rally nearly 1%; m-cap of listed companies hits Rs 6.22 lakh crore

Why stock market is rising today: Sensex, Nifty rally nearly 1%; m-cap of listed companies hits Rs 6.22 lakh crore

Why Stock Market Is Rising Today: Indian stock markets rallying high at midday on Monday, August 18, supported by two major positives. First, Prime Minister Narendra Modi’s announcement of next-generation GST reforms expected by Diwali 2025. Second, S&P Global Ratings upgrading India’s sovereign credit rating from ‘BBB-’ to ‘BBB’ with a stable outlook. By 12:40 PM,…

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Pre-market Update(August 18): Dalal Street set to open higher as PM Modi hints at GST reforms; GIFT Nifty up 302 pts

Pre-market Update(August 18): Dalal Street set to open higher as PM Modi hints at GST reforms; GIFT Nifty up 302 pts

Pre-market Update: Indian equity markets are poised for a strong opening, buoyed by bullish sentiment following key policy signals and a sovereign credit rating upgrade. Prime Minister Narendra Modi, in his Independence Day address, hinted at next-generation GST reforms to be rolled out by Diwali 2025, a move seen as a potential game-changer for economic efficiency…

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