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Sensex rises for sixth straight session; Nifty up just 42 points
At close, Sensex ended 214.17 points or 0.37 per cent up at 58,350.53, while Nifty was up 42.70 points or 0.29 per cent at 17,388.15. The IT Index ended with a gain of 1.3 per cent, with Tech Mahindra, Infosys and TCS being the major contributors to the surge. Tech Mahindra, TCS, Infosys and Asian Paints were among the major gainers in Nifty on Wednesday.
Domestic indices end flat, Sensex closes above 58,000
At close, Sensex ended 20.86 points or 0.04 per cent up at 58,136.36, while Nifty was up 5.40 points or 0.03 per cent at 17,345. PSU bank index surged 2.5 per cent on Tuesday, while IndusInd Bank, Asian Paints and NTPC were among the major contributors in the Sensex. About 1,889 shares have advanced, 1,483 shares have declined, and 122 shares remained unchanged.
Sensex extend gains for fourth day, ends above 58K; Nifty ends over 17K
At close, Sensex ended up 545.25 points or 0.95 per cent at 58,115.50, while Nifty ended 181.80 points or 1.06 per cent higher at 17,340.05. About 2,299 shares have advanced, 1,162 shares declined, while 195 shares remained unchanged. Mahindra & Mahindra Ltd, Power Grid Corporation of India Ltd, NTPC Ltd, Bharti Airtel and Maruti Suzuki India Ltd were the major gainers on the Sensex.
Rupee gains 23 paise to end at 79.02 against US dollar
At the interbank foreign exchange market, the Indian currency ended at 79.02, as against 79.25 closed on the previous trading session. The rupee has touched a high of 79.00 and low of 79.22 before ending at 79.02. "USDINR spot closed 23 paise lower at 79.02, thanks to FPI flows turning positive and some carry trade interest. Improvement in forward premium has brought exporters into the market.
Benchmark indices ends higher for 3rd straight day, Nifty above 17,100
At close, Sensex was up 712.46 points or 1.25 per cent at 57,570.25, and the Nifty 50 was up 228.65 points or 1.35 per cent at 17,158.25. A total of 2,084 shares have advanced, 1,238 shares declined, and 135 shares were unchanged. Tata Steel, Sun Pharma, Bajaj Finserve, IndusInd Bank were major gainers on the Sensex.
Rupee gains 51 paise to close at 79.25 against US dollar
"Rupee traded strong as dollar index witnessed weakness which pushed the dollar against rupee to low of 79.17 on Friday's trade as Fed's data-driven stance dragged the dollar lower at 106$... Crude price volatility kept gains somewhat limited in rupee as rupee rose from 80.00 to 79.25 in the week," said Jateen Trivedi, VP Research Analyst at LKP Securities.
Indian stock markets rise on Thursday
The Indian stock indices went up on Thursday with the BSE Sensex gaining 1,041.47 points and the NSE Nifty 287.80 points. The Sensex closed at 56,857.79 points while the broader Nifty closed at 16,929.60 points. On Wednesday, the BSE Sensex had closed at 55,816.32 points and the NSE Nifty at 16,641.80 points. The gainers on the bourses were largely finance, banks and software companies.
Sensex ends 1,000 points up, Nifty closes above 16,900
At the close, Sensex was up 1,041.47 points, or 1.87 per cent, at 56,857.79, and the Nifty 50 was up 287.80 points or 1.73 per cent at 16,929.60. A total of 1,904 shares have advanced, 1,427 shares declined, and 148 shares were unchanged. Bajaj Finance, Bajaj Finserve, Kotak Mahindra Bank, and IndusInd Bank were major gainers on the Nifty.
Rupee falls 13 paise to 79.91 against dollar ahead of US Fed meeting
"Rupee traded weak by 0.10 points at 79.90 drawing down on back of crude strength as Brent crossed above $104$ keeping pressure on rupee. Fed policy later in day shall give further impetus to dollar as any hawkish stance gives support to dollar and neutral statement can bring down the dollar," said Jateen Trivedi, VP Research Analyst at LKP Securities.
Amazon hikes Prime subscription in UK, Europe by up to 43%
In an email to customers blaming "increased inflation and operating costs" for the hike, the e-commerce giant said that its annual Prime subscription will jump 20 per cent in the UK from 79 pounds to 95 pounds from September 15, reports The Verge. Whether Amazon Prime will increase the subscription in India is yet to be seen, a country where it has over 22 million users and the company is rolling out a major redesign for Prime Video.
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