Sensex, Nifty end at record highs as BJP clinches 3 state polls; banks soar

Closing Bell on December 4, 2023: The S&P BSE Sensex zoomed over 1,400 points intraday to hit a new record high of 68,918. The Nifty50, on the other hand, hit a fresh lifetime high of 20,703

9:08 AM

Pre-Open Session :: Sensex sprints 1,000 points

9:05 AM

Commodity check :: Gold hits record high on MCX, tops 63,800/10 gm-mark

9:04 AM

Currency check :: Rupee opens 2 paise higher at 83.276/$

9:03 AM

Currency Alert: Rupee opens nearly flat at 83.27/$

8:58 AM

India resumes imports of Venezuelan crude oil, Reliance seeks direct deal

Indian refiners have resumed Venezuelan oil purchases through intermediaries, with Reliance set to meet executives from state firm PDVSA next week to discuss direct sales following the easing of U.S. sanctions on the South American country, people familiar with the matter said. Read

8:55 AM

Watch: Will Indian equities see a Santa rally this December?

8:51 AM

RIL, Adani, JSW group, L&T enter race for green H2 and electrolyser

For the Centre’s first tender on green hydrogen and electrolyser manufacturing, around a dozen companies, including Reliance Industries (RIL), Larsen & Toubro (L&T), Adani New Energy, and JSW Energy, have shown interest. Read

8:45 AM

DIIs buy shares worth Rs 1,448 crore Friday

8:40 AM

FIIs pump Rs 1,589.6 crore in cash market Friday

8:35 AM

Will markets extrapolate state poll outcomes to general elections in 2024?

Markets are likely to see a short-term boost post the state election outcome that is likely to see Narendra Modi-led Bharatiya Janata Party (BJP) in Madhya Pradesh (MP), Rajasthan and Chhattisgarh emerge on top, said analysts. Read more

8:28 AM

Theme for a dream: Why thematic funds are gaining traction in the market

Beyond the obvious equity mutual fund winners this year, which have been mid and smallcap categories, thema­tic or sectoral funds have noticeably taken the lead. Data shows thematic equity mut­ual funds have amassed inflows worth Rs 22,871 crore as of October-end, higher than the  Rs 18,855 crore gathered by the midcap category, and only second to the small-cap flows of  Rs 32,000 crore. Read

8:22 AM

Stocks to Watch today, Dec 4: SBI, HUL, Salasar Techno, Tata Power, Alkem

Stocks to Watch on Monday, December 4, 2023: Hindustan Unilever has decided to split its beauty and personal care business into two separate divisions. Read

8:19 AM

Equity markets likely to extend gains on BJP's Assembly poll wins

The domestic equity markets are expected to extend gains following the strong showing of the Narendra Modi-led Bharatiya Janata Party (BJP) in the state elections — a crucial precursor to the general elections in May. Read

8:14 AM

Nifty resistance seen at 20,475-20,575; Bank Nifty likely to join rally

The Nifty 50 Index, currently standing at 20,267.90, has once again marked a lifetime high on charts, underscoring a robust trend in the markets. However, it's important to recognize that markets inherently exhibit volatility, swinging between overbought and oversold zones in the near term. Read

8:11 AM

Gold makes new peak of $2,144

Gold spiked to all-time high above $2,100 on Monday as bets on Fed rate cuts fuel rally in the precious metal.