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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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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RBI Monetary Policy: Real estate and bank stocks slide, autos drag as rates hold steady

RBI Monetary Policy: Real estate and bank stocks slide, autos drag as rates hold steady

Indian stock markets swung between gains and losses on Wednesday as investors reacted to the Reserve Bank of India’s decision to keep interest rates unchanged. The cautious tone from policymakers weighed on rate-sensitive pockets, with realty, auto, and consumer stocks pulling the indices lower through the session. The Monetary Policy Committee (MPC) kept the repo…

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