After a stellar rally over the past few weeks, markets faced some resistance over the past couple of sessions. At Tuesday opening bell, indices Sensex and Nifty traded marginally higher with a downside bias.
The S&P BSE Sensex breached the remarkable 76,000-mark for the first time, hitting 76,010, while the NSE Nifty50 scaled a new summit at 23,111 before retracting into negative territory.
The PSU (Public Sector Undertaking) stocks have become favorites among the stock market investors in recent months, with many delivering substantial returns. The confidence of the investors in the PSU stocks is high as the markets rallied on the hopes of Prime Minister Narendra Modi's comfor
At 9.19 am, at the time of filing this report, Sensex was 0.2 per cent higher at 75,585 points, after touching an all-time high of 75,679 points soon after the opening bell.
However, in the past few sessions, they seemed to have slowed down on selling, expecting a strong performance in the indices. Both Nifty and Sensex also touched all-time highs this week, accumulating huge sums of money for investors.
Mumbai (Maharashtra) [India], May 25: Uravi T & Wedge Lamps Limited (NSE Code: URAVI, BSE Code: 543930), one of the leading manufacturers and supplier of incandescent and wedge -based automotive lamps, has announced its Audited Financial result for Q4 FY24 and FY24.
Mumbai (Maharashtra) [India], May 25: QMS Medical Allied Services Limited (NSE: QMSMEDI), engaged in the marketing and distribution of a wide range of medical products, as well as prioritizing Patient Services Programs, has announced its Audited Financial Results for FY24 & Q4 FY24.
By creating an unprecedented wealth of USD 1 trillion in just 6 months, both indices of the Indian stock market BSE and NSE have joined the exclusive USD 5 trillion club, defying the FII (Foreign Institutional Investors) pull out before the outcome of the Lok Sabha election on June 4
Mumbai (Maharashtra) [India], May 24: UniHealth Consultancy Limited. (NSE - UNIHEALTH), a global healthcare service provider, announced Audited Financial Results for H2 & FY24 and incorporation of subsidiary company 'UMC Hospitals Private Limited'.
Indian indices Nifty and Sensex opened flat on Friday, near the record closing of the previous day. The Nifty Index opened at 22,930 points, very close to the 23,000 mark. The Sensex also sustained Thursday's rally and opened near 75,335, close to the 75,500 mark.
Just two days after the market cap of BSE-listed companies touched the milestone of USD 5 trillion, the market capitalisation of companies listed on NSE too reached a similar feat on Thursday.