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Deccan Chronicle Markets News

  • Markets

    Market opens at record high; RIL, HDFC Bank top gainers

    Mumbai: Market benchmarks Sensex and Nifty opened at record peaks on Monday tracking strong quarterly results by index heavyweights Reliance Industries and HDFC Bank. After rallying over 300 points to hit a fresh lifetime high of 42,273.87, the 30-share BSE index pared gains to trade 31.32 points or 0.07 per cent higher at 41,976.69. Similarly, the broader NSE Nifty scaled an all-time high...

    • 26 min ago
  • Markets

    Investment in equity MFs drops 41% to Rs 75,000 cr in 2019 on slow economy

    New Delhi: Investors pumped in nearly Rs 75,000 crore in equity-oriented mutual fund schemes in 2019, a sharp plunge of 41 per cent from the preceding year, mainly hit by extreme market volatility amid slowing economic growth. Experts, however, are of the view that equity schemes will attract investor interest this year as the market is expected to perform well. ...

    • 23 hrs ago
  • Markets

    Corporate earnings, budget expectations to drive equities this week: Analysts

    New Delhi: Equity market progress this week will broadly hinge on ongoing quarterly corporate results and expectations being built around the upcoming Union Budget, according to analysts. Investors in domestic market will closely watch quarterly earnings from companies such as Kotak Mahindra Bank, Bank of Maharashtra, Axis Bank, Canara Bank and Bank of Baroda this...

    • 23 hrs ago
  • Markets

    Sensex, Nifty off to choppy start; RIL up 2 pc ahead of Q2 results

    Mumbai: Market benchmarks Sensex and Nifty started on a tepid note on Friday ahead of quarterly results of index heavyweights Reliance Industries, TCS and HCL Tech. The 30-share BSE index was trading 3.68 points or 0.01 per cent lower at 41,928.88. Similarly, the broader NSE Nifty slipped 1.85 points or 0.01 per cent to 12,353.65. IndusInd Bank, SBI, HDFC twins, Kotak Bank,...

    • 3 days ago
  • Markets

    Sebi proposes stricter norms to rein in investment advisors

    New Delhi: Markets watchdog Sebi has proposed a new set of norms for investment advisers, under which they will have to segregate their advisory and product distribution activities, as part of its effort to strengthen the regulatory framework.Besides, the regulator has suggested that Investment Advisers (IA) should not come out with any investment advice suggesting assured returns to...

    • 4 days ago
  • Markets

    Sensex crosses 42K for first time ever; Nifty hits record high

    Mumbai: Market benchmark Sensex on Thursday scaled the 42,000 mark for the first time ever and Nifty hit its record peak in opening session tracking positive cues from global equities after the US and China signed an initial trade deal. After hitting a record peak of 42,009.94, the 30-share BSE index was trading 127.65 points or 0.30 per cent higher at 42,000.38. Similarly, the...

    • 4 days ago
  • Markets

    Rupee falls 14 paise, slips below 71 per US dollar

    Mumbai: The Indian rupee opened on a cautious note and fell 14 paise to 71.01 against the US dollar in early trade on Wednesday as concerns over the US-China trade deal weighed on investor sentiments. Forex traders said, the rupee along with other Asian currencies weakened after reports surfaced that tariffs on billions of dollars in Chinese goods will stay in place until after the US...

    • 5 days ago
  • Markets

    Sensex drops nearly 200 points; Nifty tests 12,300

    Mumbai: Equity benchmark Sensex dropped nearly 200 points in opening session on Wednesday as global investor sentiment dampened after the US said its initial trade deal with China does not include tariff rollback. The 30-share BSE index was trading 190.81 points or 0.45 per cent lower at 41,761.82. Similarly, the broader NSE Nifty fell 53.15 points or 0.43 per cent to 12,309.15. IndusInd Bank,...

    • 5 days ago
  • Markets

    Sensex, Nifty scale fresh lifetime peaks for 2nd straight session

    Market benchmark indices Sensex and Nifty scaled fresh record levels on Tuesday, led by gains in index-heavyweights HDFC, ITC, Axis Bank and TCS. In a choppy trading session, the 30-share BSE Sensex hit life-time high of 41,994.26 in day trade. It finally settled 92.94 points or 0.22 per cent higher at 41,952.63 - its all-time closing high. The broader Nifty scaled its lifetime...

    • 6 days ago
  • Markets

    Rupee rises 8 paise against US dollar in early trade

    Mumbai: The rupee appreciated by 8 paise to 70.78 against the US dollar in early trade on Tuesday as sign of easing tensions between the US and China strengthened investor sentiments. The United States on Monday removed the currency manipulator label it imposed on China last summer and forex traders believe it as a sign of easing tensions between the two economic powers after nearly two years...

    • 6 days ago

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