Sensex, Nifty open higher amid positive global cues

Indian stock market opens flat amid mixed global cues

The Sensex started the session at 84,379.79, down 25 points against the last session's closing of 84,404.46. Nifty opened 14 points lower at 25,863.80. However, both the indices turned green in a while amid buying in automobile and banking heavyweights. 18 days ago
SEBI increases Bank Nifty constituents, caps top stock's weight

SEBI increases Bank Nifty constituents, caps top stock's weight

The index will now require a minimum of 14 constituents, an increase from the current 12. The weight of the top constituent will be limited to 20 per cent, reduced from 33 per cent. Additionally, the combined weight of the top three constituents cannot exceed 45 per cent, down from 62 per cent. 18 days ago
GST reforms, festive season drive UPI payments, stimulate private consumption

GST reforms, festive season drive UPI payments, stimulate private consumption

The UPI saw 31 per cent transaction count growth (year-on-year) at 19.63 billion in the month of September — with 21 per cent growth in transaction amount at Rs 24.90 lakh crore, the National Payments Corporation of India (NPCI) data showed. Month-wise too, UPI witnessed a growth in transaction amount, from Rs 24.85 lakh crore in August. 18 days ago
South Korea: Trump, Xi begin high-stakes summit amid trade war

Trump meets China's Xi; high-stakes summit begins amid trade war

Trump arrived at the venue beforehand after departing the nearby city of Gyeongju, the venue of the Asia-Pacific Economic Cooperation (APEC) gatherings this week, earlier in the day. "We're going to have a very successful meeting," Trump said as the two leaders posed for photos ahead of their talks. "But he's a very tough negotiator. That's not good," he quipped. 19 days ago
Stock market ends lower as IT, auto and banking shares fall

Indian stock markets open lower as US Fed announces rate cut

"From a technical perspective, the Nifty continues to maintain a sideways-to-bullish bias as long as it sustains above the 25,900–26,000 support zone," analysts said. "On the upside, immediate resistance is placed around 26,100–26,200, and a sustained move above this range could pave the way for further gains toward 26,300–26,400 in the near term," experts added. 19 days ago