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Market Rally

ICICI Sec sees Sensex at 90,000; double-digit earnings growth FY26 onwards

Keeping the price-earnings (PE) multiple intact, our (Nifty) index target gets revised to 27,000 levels i.e. nearly 21x PE on FY27 EPS of Rs 1,300

Updated On: 21 Feb 2025 | 3:01 PM IST

Budget 2025: Why Sensex rose 800 pts after FM tabled Economic Survey today

Benchmark equity indices BSE Sensex and NSE Nifty50 were higher for the fourth straight day in the run-up to the presentation of the Budget 2025-26

Updated On: 31 Jan 2025 | 3:58 PM IST

Sensex soars 1,500 pts; Nifty tops 24,150; What's boosting stock market?

Sensex zoomed 755.85 points or 0.96 per cent and logged an intraday high at 79,263.26, while Nifty advanced 231.25 points or 0.97 per cent to the day's high at 23,974.15. Here's why

Updated On: 02 Jan 2025 | 3:47 PM IST

Why did Sensex zoom 1,850 pts; Nifty top 24,800 on Thursday intra-day?

Various factors like renewed buying by foreign investors, global cues and improving sentiment among other reasons were seen driving the markets today

Updated On: 05 Dec 2024 | 4:09 PM IST

Sensex gains over 3,000 points in two sessions. Time to buy, sell, hold?

While the rally on Friday of 1,961-points was mostly led by positive global cues amid some buying in Adani group shares, the up move on Monday was triggered by the outcome of Maharashtra polls

Updated On: 25 Nov 2024 | 11:50 AM IST

Sensex zooms 2000 pts; Nifty atop 23,900; What's driving the markets today?

Index heavyweights ICICI Bank, Reliance Industries, SBI and Infosys lead the market rally, contributing nearly 40 per cent of the day's gain on Friday

Updated On: 22 Nov 2024 | 3:46 PM IST

Why Trump election lead sparked 902-pt rally in Sensex; Nifty near 24,500

As per CNN, Trump is leading by 266 electoral votes against Kamala Harris with 195 votes

Updated On: 06 Nov 2024 | 3:40 PM IST

Sebi bans Rana Sugars' promoters from mkt for 2 yrs; imposes Rs 63 cr fine

Markets regulator Sebi has debarred 14 entities including, Rana Sugars promoters' and other related entities from the securities markets for two years and slapped a Rs 63-crore fine on them on charges of diversion of funds. The regulator also prohibited Inder Pratap Singh Rana (promoter), Ranjit Singh Rana (Chairman), Veer Pratap Singh Rana (MD), Gurjeet Singh Rana, Karan Pratap Singh Rana, Rajbans Kaur, Preet Inder Singh Rana and Sukhjinder Kaur (promoter) from holding any position as director or key managerial person of any other listed company for two years. Ranjit Singh, Veer Pratap and Sukhjinder Kaur were also the promoters of Rana Sugars Ltd, as per the exchange data. Individually, Sebi imposed penalties in the range of Rs 3 crore to 7 crore on Rana Sugars, its promoters, and other related entities. "I find that noticee No 1 to 9, who are promoters of RSL and beneficiaries of such diversion of funds from RSL, have violated PFUTP (Prohibition of Fraudulent and Unfair Trade ..

Updated On: 28 Aug 2024 | 1:21 PM IST

Mutual funds ride high: NFOs pick up on market rally, economic hope

29 launches since June 1, nearly half of previous five months' total

Updated On: 08 Jul 2024 | 10:35 PM IST

Sensex sees third fastest 5,000-point gain in history to reach 80,000 mark

The fastest 5,000-point rally for the Sensex was nearly three years ago (September 24, 2021) when the index hit an intraday high of 60,333 in a span of just 28 trading days

Updated On: 08 Jul 2024 | 5:11 PM IST

RIL, Bharti Airtel: What are Modi stocks, and why is CLSA bullish on them?

Within this basket of Modi stocks, the preferred BUYs for CLSA India analysts are ONGC, NTPC, NHPC, SBI, Power Finance, IGL and Mahanagar Gas in the PSU space

Updated On: 30 May 2024 | 10:39 PM IST

PM Modi needs to win 303-plus seats to extend stock market rally: Investors

Indian equities have risen to records, while the currency and bond markets are near their highest levels in over two months days ahead of the election results on June 4

Updated On: 29 May 2024 | 7:09 AM IST

Sell stocks in May and go away: Here's why it may be a bad strategy in 2024

The government, too, is hopeful that the bull-run in the Indian stock market will continue. PM Modi recently said in an interview that Indian stock markets will break all previous records on June 4

Updated On: 21 May 2024 | 10:33 PM IST

All Adani group stocks in high demand, Adani Energy jumps over 8%

All listed Adani group stocks were in the limelight on Monday, with Adani Energy climbing over 8 per cent, as investors flocked to the counters amid a positive trend in the broader market. Shares of Adani Energy Solutions jumped 8.40 per cent, NDTV zoomed 6.16 per cent, Adani Wilmar advanced 5.92 per cent, Adani Power surged 4.99 per cent, Adani Total Gas soared 4.81 per cent, Adani Green Energy rallied 2.93 per cent, Adani Ports climbed 2.56 per cent and ACC (2.38 per cent) on the BSE. The stock of Adani Enterprises went up by 1.80 per cent and Ambuja Cements climbed 1.49 per cent. The combined market valuation of all the group firms stood at Rs 16,30,648.23 crore. The 30-share BSE Sensex climbed 363.20 points or 0.49 per cent to settle at 74,014.55 and the NSE Nifty advanced 135.10 points or 0.61 per cent to 22,462. Both the benchmarks hit their all-time high levels in intra-day. Adani group opened a USD 1.2 billion copper plant, bought a port in Odisha, raised stakes in a cemen

Updated On: 01 Apr 2024 | 5:53 PM IST

Bitcoin miners are devouring electricity at record pace during crypto rally

Since February 2023, 13 of the top mining companies have placed orders for over $1 billion worth of specialized computers, according to data compiled by TheMinerMag based on public filings

Updated On: 09 Mar 2024 | 8:38 PM IST

Dalal Street investors become richer by Rs 6 trillion as markets rally

The 30-share BSE Sensex jumped 1,240.90 points or 1.76 per cent to settle at 71,941.57. During the day, it soared 1,309.55 points or 1.85 per cent to 72,010.22

Updated On: 29 Jan 2024 | 6:36 PM IST

Sensex up 1200 pts, Nifty tops 21700: Factors behind market rally on Jan 29

Stock market highlights on January 29: The frontline S&P BSE Sensex index soared 1,309 points in the intraday trade to hit a high of 72,010 levels

Updated On: 29 Jan 2024 | 3:50 PM IST

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TMS Ep617: Byju's GenAI, interim Budget, market rally, PM Suryoday Yojana

Can GenAI save Byju's? Will there be a special package for rural India in interim Budget? Will the markets see a pre-Budget rally? What is PM Suryoday Yojana? All answers here

Updated On: 29 Jan 2024 | 8:00 AM IST

Markets piggyback on Reliance Industries rally; Sensex rises 271 points

Shares of RIL rose 2.7 per cent to end at a new record of Rs 2,650, valuing the firm at Rs 17.93 trillion. The stock surpassed its previous record high of Rs 2,620 on July 20, 2023

Updated On: 10 Jan 2024 | 11:49 PM IST

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TMS Ep592: Electric vehicles, stock markets 2023, Santa rally, Blue Origin

Will 2024 be the year of EVs? What led to the rise of stock markets in 2023? Is the Santa rally over in the markets? What is Blue Origin? All answers here

Updated On: 25 Dec 2023 | 8:00 AM IST