Indian stock indices started off the New Year marginally in the red, extending losses from the previous session, primarily attributable to profit booking after a stellar cumulative performance in 2023. High valuations, as analysts pointed out, too, are a concern.
Indian stock indices settled 2023 last active trading session marginally in the red, largely due to profit booking and subdued global cues. Sensex and Nifty settled 0.2 per cent lower each on Friday.
The day commenced with a dazzling surge, with Sensex surging by an impressive 275.62 points, unveiling itself at an extraordinary 72,323.34. In tandem, Nifty painted a picture of optimism, marking a spirited rise of 75.25 points and kicking off the trading day at an electrifying 21,737.70.
The Sensex soared past the remarkable milestone of 72,000, while Nifty outperformed by surpassing 21,600. These impressive gains translated to a substantial rise of 18.62 per cent for the Nifty50 and a commendable 17.4 per cent increase for the Sensex over the course of the year.
Ahmedabad (Gujarat) [India], December 27: Ahmedabad-based Vivanta Industries Ltd (BSE - 541735) engaged in providing consultancy and Turnkey solutions for projects from conceptualisation to implementation is considering investment in Trinity Ganesh Pvt Ltd (Formerly known as Ganesh Corporati
The Sensex opened 1.12 points higher at 71,112.85, and the Nifty saw an opening gain of 18.70 points at 21,368.10. The initial market movements indicate optimism among market participants after the festive break.
Cumulatively, the past twelve months have been stellar for investors who parked their money in Indian stocks. Though there has been a couple of turbulence, first during the Adani-Hindenburg episode and lately during the initial days of the Israel-Hamas war, the calendar year 2023 gave han
Analysing the daily chart for Nifty 50, market observers noted the formation of a bullish piercing candlestick pattern, suggesting potential bullish momentum in the market.
The Sensex observed a marginal dip, opening 90.95 points lower at 70,772.15, while the Nifty displayed a contrasting trend with an opening gain of 8.70 points, reaching 21,263.75.
Bangalore (Karnataka) [India], December 20: Sonata Software (NSE: SONATSOFTW) (BSE: 532221), a leading Modernisation Engineering company, has announced that it has signed a contract with AMMEGA Group, a global leader in Conveyor Belts and Power Transmission with manufacturing sites and Custo