Sensex jumps 410 pts, Nifty50 reclaims 24,700 led by financial, auto, metal shares; all eyes on GST Council

Sensex jumps 410 pts, Nifty50 reclaims 24,700 led by financial, auto, metal shares; all eyes on GST Council

Share Market Closing Bell: Domestic equity benchmarks jumped on Wednesday led by gains in financial, auto and metal shares, though losses in IT stocks played spoilsport, keeping the upside in check. Both headline indices gained half a percentage point for the day, with the Sensex rising 409.8 points to 80,567.7 and the Nifty50 settling at 24,715.1, up 135.5…

Read More
Sensex tanks nearly 900 pts, Nifty slips below 24,550: US debt, Middle East tensions rattle D-Street

Sensex tanks nearly 900 pts, Nifty slips below 24,550: US debt, Middle East tensions rattle D-Street

Indian stocks plunged sharply in mid-session trade Thursday, May 22, as a mix of negative global cues, stretched valuations, and disappointing earnings weighed on sentiment. During the trading session, the benchmark Sensex plunged nearly 900 points intraday to 80,710.22—its lowest level since May 12. Meanwhile, the Nifty 50 traded below the important 24,550 mark, eroding…

Read More