Search Results for: Sensex

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After huge fall yesterday, stability returning back in stock market: Market Expert

Mumbai, Jan 07 (ANI): Market Expert Sunil Shah on Wednesday said that after a huge fall in the stock market yesterday, it seems like stability is returning back to the global capital markets. Shah also said that the European market opening later in the day will also have a bearing on India's markets. The Bombay Stock Exchange (BSE) Sensex on Tuesday fell 854 points as a tumble in oil prices roiled global markets. The National Stock Exchange (NSE) Nifty also dropped points, opening at below the 8,300 mark. However, Shah said that Indian markets will recover more rapidly than others at the time. Jan 7, 2015
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BSE Sensex and Nifty drops, Market Expert says global 'pessimistic sentiments' over crude oil price

New Delhi, Jan 06 (ANI): As BSE Sensex and Nifty dropped after hitting 1 month highs, Market Expert Akash Jindal said that the global pessimistic sentiments' over crude oil price was the cause of the drastic fall. Jindal said that the rate of the crude oil is going down which is good for India as the inflation will go down but will adverselt affect other countries. He said that the global sentiments are down over the crude oil price as many economies are dependent on the same. He also advised Indian investors not to panic in such situation. The benchmark BSE Sensex tumbled over 588.15 points to 27,254.17 and the NSE Nifty dipped below the 8,300-mark in opening trade on Tuesday on heavy selling by funds and investors amid global sell-off on worries about Eurozone and sinking oil prices. Jan 6, 2015
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Market Experts credit PM Modi's Australia visit for Sensex, Nifty hitting record highs

New Delhi/ Mumbai, Nov 18 (ANI): Market Experts on Tuesday credited Prime Minister Narendra Modi's Australia visit as the Sensex and the Nifty hit record highs. The SandP BSE Sensex rallied as much as 105 points in trade on Tuesday to touch its fresh record high of 28282.85, led by gains in RIL, Bharti Airtel, LandT and Sesa Sterlite. Tracking the momentum, the 50-share Nifty index also surged 24 points to touch its fresh lifetime high of 8454.50, supported by gains in metal, power, capital goods and auto stocks. M arket Expert Akash Jindal said that Modi's Australia visit has been a positive one and that that Modi is bringing along optimism in the nation's economy. Ajay Shah also backed the record high on Modi's foreign tour. He also said that development in Russia and BRICS country is giving positive changes which are favourable for India. Nov 18, 2014
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Sensex and Nifty hits record high as "India becomes attractive destination for international market"

New Delhi, Nov 10 (ANI): The SandP BSE Sensex and the Nifty rallied over 100 points in trade on Monday, led by gains in ITC, HDFC, Sun Pharma, Axis BankBSE -0.90 % and Dr Reddy's Laboratories. However, it failed to maintain this level and declined afterwards to 27,818.23, showing a loss of 55.36 points or 0.2 per cent at 27,813.27 at 11.31 a.m. local time. Market Expert Akash Jindal said that sensex may cross 30,000 level as India is being seen as an attractive destination by the international investors. He said that India is more attractive for international investors than Brazil, Russia and China or other emerging market. Further, talking about the gold prices, Jindal said that gold prices are expected to come down to Rs. 22,000 as people are now not interested in gold. Nov 10, 2014
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Sensex creates new record, crosses 28,000-mark

New Delhi, Nov 5 (ANI): Creating a new record, the benchmark BSE Sensex crossed 28,000-mark for the first time and the NSE Nifty hit a new peak of 8,363.65 in early trade on Wednesday on sustained fund inflows. The record was set amidst optimism over encouraging corporate earnings. Besides, falling global crude oil prices which dipped to its lowest closing point since October 2011 also influenced trading sentiments. Nov 5, 2014
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Sensex, Nifty Hit Record Highs

Good buying was observed in IT, capital goods and technology, media and entertainment (TECK) sectors; while selling pressure was seen in consumer durables sector. Oct 31, 2014
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