Markets Insider News

Advertisement
04 Dec 2023, 16:26

Dalal Street witnesses record highs as Nifty and Sensex close 2% in the green

Dalal Street witnesses record highs as Nifty and Sensex close 2% in the green

Dalal Street witnesses record highs as Nifty and Sensex close 2% in the green

​​India's benchmark indices, Sensex and Nifty, soared to unprecedented highs during Monday's market action. This surge was fuelled by the recent triumph of the ruling Bharatiya Janata Party (BJP) in state elections. ICICI Bank and SBI led with the maximum gains of 4.68% and 3.99%. This was the biggest single-day jump since May 20, 2022 for the benchmarks.​​

FPIs infuse Rs 9,000 cr in equities in Nov; inflow in debt at 6-yr high
03 Dec 2023, 11:27

FPIs infuse Rs 9,000 cr in equities in Nov; inflow in debt at 6-yr high

After turning net sellers in the past two months, FPIs again made a comeback in the Indian stock markets in November and pumped in Rs 9,000 crore amid fall in US treasury bond yields and the resilience of the domestic market. Additionally, Foreign Portfolio Investors (FPIs) made a net investment of Rs 14,860 crore in the debt market last month, making it the highest level in six years, data with the depositories showed.

Midcap index rising for last 21 sessions, hitting fresh highs since November 16
01 Dec 2023, 17:33

Midcap index rising for last 21 sessions, hitting fresh highs since November 16

The Nifty Midcap 100 index has been rising for the last 21 trading sessions and has been hitting fresh all-time highs since November 16, said Nandish Shah, Deputy Vice President, Retail Research, HDFC Securities. Nifty midcap and smallcap indices continued their upward journey where Nifty Midcap 100 and Smallcap 100 Index gained 1.10 per cent and 0.5 per cent, respectively, he said.