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,…
Indian markets opened higher on Monday, July 21, despite mixed global cues. The Nifty began the session at the 25,000 mark, indicating a positive start as investors looked ahead to a heavy earnings day and key stock-specific triggers. The Sensex also opened in the green, tracking early gains in index heavyweights. In focus today are…
Closing market update, Sensex, Nifty: Indian benchmark indices extended their winning streak to a fourth consecutive day on Thursday, supported by positive global cues and optimism around a possible easing of U.S. tariff deadlines. The BSE Sensex rose 287.20 points (0.34%) to close at 84,043.06, while the Nifty 50 gained 82.05 points (0.32%), ending at…
Indian markets staged a partial recovery by midday Friday after opening sharply lower amid intensifying tensions in the Middle East. However, benchmark indices remained in negative territory as investor sentiment stayed fragile following Israel’s pre-emptive strikes on Iran. As of 1:35 PM, the BSE Sensex was down 587.09 points, or 0.72 per cent, at 81,104.88,…
Indian equity benchmarks remained range-bound in Tuesday’s afternoon trade, reflecting mixed sentiment across sectors. As of 2:31 PM IST, the Nifty 50 was up 18.50 points (0.07 percent) at 25,121.70, holding above the 25,100 mark. The BSE Sensex hovered flat, inching up just 0.38 points to 82,445.59, indicating muted investor activity. Sectoral trends were mixed,…
Shares of Multi Commodity Exchange of India (MCX) jumped 6.32 per cent to Rs. 7,888.35 after the company announced it had received approval from the Securities and Exchange Board of India (SEBI) to launch electricity derivatives. The move is expected to significantly benefit power generators, distribution companies, and large consumers by allowing them to hedge…