NSE Trading Closure: Official Announcement Confirms Shutdown on January 22
Anurima Das -
In compliance with the state government's decision, the NSE issued a circular stating that the currency derivative segment will also remain closed on January 22. Additionally, the Reserve Bank of India (RBI) has declared that money markets will be closed on the same day.
Markets Rally After Three Consecutive Days of Decline
Kumar Manoj -
The 30-share BSE Sensex surged by 657.45 points to reach 71,844.31 in early trade, indicating a strong start. The Nifty also showed a notable increase, rising by 194.75 points to 21,657.
Pakistan Stock Market Witnesses Sharp Decline Amidst Rising Pak-Iran Tensions
Siddhant Kumar -
The decline in the PSX was attributed to the escalating tensions between Pakistan and Iran. In response to an air strike conducted by Iran, Pakistan's armed forces carried out an early morning attack on terrorist hideouts in Iran's Sistan-o-Balochistan province. This development intensified the strain between the two countries.
Nazara Tech Secures INR 250 Crore, Acquires 10.7% Stake in Kofluence
Siddhant Kumar -
NKSquared & Kamath Associates, ICICI Prudential MF & Plutus Wealth, including Nikhil Kamath, will increase their stake in Nazara through the preferential issue.
Sensex Drops 1,371 Points in Early Trade, Nifty Falls Below 22,000-Level on Bank Stock Declines
Kumar Manoj -
HDFC Bank, one of the Sensex firms, witnessed a nearly 6% decline following the release of its December quarter earnings.
Stock Markets Halt 5-Day Winning Streak Due to Profit-Taking in IT Stocks and Soft Global Cues
Anurima Das -
The Nifty also touched an all-time intra-day high of 22,124.15 before closing at 22,032.30, down by 0.29%. Over the last five days, the BSE benchmark surged by 2.76%, gaining 1,972.72 points, while the Nifty jumped 2.71%, adding 584.45 points. Both indices had closed at record highs on Monday.
Railway Stocks Surge Up to 17% in Market Trading
Kumar Manoj -
All these stocks reached new 52-week highs, with IRFC reaching these highs on substantial trading volumes.
Tech Giants Propel Market: IT Stocks Index Surges by 5% with Infosys and TCS Leading the Charge
Anurima Das -
In this notable uptrend, Infosys recorded an impressive 7.6% increase, Sonata Software (NS:SOFT) rose by 7%, Datamatics saw a 6% uptick, Coforge (NS:COFO) experienced a 5% rise, Tech Mahindra (NS:TEML) and TCS each gained 4%, while Wipro (NS:WIPR) and Mphasis (NS:MBFL) both registered a 4% increase.
FMCG Stocks Spearhead Market Downturn
Kumar Manoj -
One of the primary challenges affecting this rally is emerging from the US market, which exhibits signs of weakening.
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