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
Mitter Infotech, a promoter of gaming and sports media firm Nazara Technologies, has sold 48.84 lakh shares on Monday in a block deal of the stock exchange, representing 6.38 per cent stake to Plutus Wealth Management.
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.
According to the Indian High Commission in Maldives, India is supporting the implementation of 65 community development projects worth MVR 360 million in Maldives.
The Indian benchmark indices are expected to witness a gradual upward movement in the coming week after the strong performance last week, which closed on a flyer, say market analysts.
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.
Gujarat Home Minister Harsh Sanghvi in the early hours of Sunday took stock of the area where a massive fire broke out inside a gaming zone and said that one person is still missing after the tragic incident.
New Delhi [India], May 25: In a resounding testament to its remarkable growth trajectory, IB Group, in collaboration with Aviagen®, proudly announces a significant milestone: the acquisition of 100,000 Grandparent Poultry (GP) stock in a single financial year. This milestone not only un