At the opening bell, the benchmark Sensex surged by 85.08 points to stand at 73,142.51, indicating a bullish start. Similarly, the Nifty index gained 24.00 points to open at 22,222.60.
It's a good morning for those who have subscribed to initial public offerings of Vibhor Steel Tubes, and were lucky enough to have got the stock allocated against their names, as the company on Tuesday made its dream stock market debut with a bumper 182 per cent premium over its issue price.
New Delhi [India], February 20: India's stock markets are reaching new heights, and as a result, there are higher expectations for transparency, accountability, and growth. Lares Algotech, a leading algorithmic trading company, has shared its opinion on the industry's future trajectory based
The Sensex, India's benchmark stock index, began trading 165.44 points lower at 72,548.72, while the Nifty 50 index, which represents the National Stock Exchange of India's top 50 companies, opened down 45.40 points at 22,061.00.
As the trading day commenced, the Sensex demonstrated a notable surge of 249.91 points, opening at 72,300.30. Simultaneously, the Nifty exhibited a strong performance, opening 83.95 points up at 21,994.70.
Indian stocks extended their gains to be in the green at opening bell Thursday, largely tracking a rebound in Asian and US peers after hotter-than-expected US inflation pulled them down in the previous session.
The US stocks ended with deep cuts, after sticky US inflation data - more than estimated at 3.1 per cent in January -- triggered worries of further delay in the easing of interest rates. S&P 500 declined about 1.4 per cent Tuesday.
Indian stock indices started Tuesday's session marginally in the green, bucking the trend from the previous session where they declined substantially due to profit booking and volatile global markets.
Nagpur (Maharashtra) [India], February 12: Rite Water Solutions has successfully concluded its second and final part of series - B funding round, securing an investment of Rs 32.5 crore from an eminent group of investors. The round saw participation from ace investor Mukul Agrawal, a promine