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NSE Finally Responds to Freak Trades Issue From 27th September, Announcement Comes from Zerodha Founder

NSE Finally Responds to Freak Trades Issue From 27th September, Announcement Comes from Zerodha Founder
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Indian shares hit record highs as financial, metal stocks rally

Message : Required fields BENGALURU (Reuters) - Indian shares hit record highs on Wednesday, led by financial and metals sectors, as the blue-chip Nifty 50 index s break above the key psychological 16,000-level brought fresh impetus into the market and boosted investor sentiment. By 0504 GMT, the NSE Nifty 50 index climbed 0.92% to 16,281.35 and the benchmark S&P BSE Sensex rose 0.93% to 54,325.29. The momentum that has come after a clean break of 16,000-mark seems to have brought in or at least attracted fresh buyers. We have broken a month-long excruciatingly tight range of 400 points, said Anand James, chief market strategist at Geojit Financial Services. The breakout has also prompted several short-coverings and triggered buying in banking stocks, which were major laggards in the past few weeks, James said, adding that the rally seems to be driven mostly by the Nifty 50 components.

Anand jamesNallur sethuramanBharti airtel ltdGeojit financial servicesNifty bankEconomic zone ltdNifty financial services indexGeojit financialSpecial economic zone ltdஆனந்த் ஜேம்ஸ்நல்லூர் சேதுராமன்பாரதி ஏர்டெல் லிமிடெட்ஜியோஜித் நிதி சேவைகள்நிஃப்டி வங்கிபொருளாதார ஸோந் லிமிடெட்நிஃப்டி நிதி சேவைகள் குறியீட்டு

Share Market Live Updates: Sensex Rises Over 400 Points, Nifty Above 16,200 Led By Financial, Metal Stocks

The breakout has also prompted several short-coverings and triggered buying in banking stocks Shares hit record highs on Wednesday, led by financial and metals sectors, as the blue-chip Nifty 50 index s break above the key psychological 16,000-level brought fresh impetus into the market and boosted investor sentiment. By 1:10 pm, the NSE Nifty 50 index climbed 0.57 per cent to 16,222.60 and the benchmark S&P BSE Sensex rose 0.77 per cent to 54,236.89. The momentum that has come after a clean break of 16,000-mark seems to have brought in or at least attracted fresh buyers. We have broken a month-long excruciatingly tight range of 400 points, said Anand James, chief market strategist at Geojit Financial Services.

Anand jamesBharti airtel ltdGeojit financial servicesNifty bankEconomic zone ltdNifty financial services indexGeojit financialSpecial economic zone ltdஆனந்த் ஜேம்ஸ்பாரதி ஏர்டெல் லிமிடெட்ஜியோஜித் நிதி சேவைகள்நிஃப்டி வங்கிபொருளாதார ஸோந் லிமிடெட்நிஃப்டி நிதி சேவைகள் குறியீட்டுஜியோஜித் நிதிசிறப்பு பொருளாதார ஸோந் லிமிடெட்

Indian shares hit all-time highs on financial, metals boost

By Reuters Staff 1 Min Read BENGALURU, Aug 4 (Reuters) - Indian shares hit record highs on Wednesday, led by financial and metals sectors, as June-quarter corporate earnings momentum boosted investor sentiment. By 0347 GMT, the blue-chip NSE Nifty 50 index climbed 0.6% to 16,235 and the benchmark S&P BSE Sensex rose 0.7% to 54,187.97. The Nifty Financial Services Index rose 0.9%, while the metals sub-index gained 1.5%. HDFC Ltd was the top gainer on the Nifty 50 index, rising 1.7%. India’s central bank begins its three-day policy meeting on Wednesday, where it is expected to leave interest rates at record lows for a seventh straight time on Friday. Markets are keeping an eye on liquidity measures taken by the central bank. (Reporting by Nallur Sethuraman in Bengaluru; editing by Uttaresh.V)

Nallur sethuramanThomson reuters trust principlesNifty financial services indexThomson reuters trustநல்லூர் சேதுராமன்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்நிஃப்டி நிதி சேவைகள் குறியீட்டுதாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை

Sensex, Nifty close at record highs as financial, banks stocks rally

Sensex, Nifty close at record highs as financial, banks stocks rally
indiatoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatoday.in Daily Mail and Mail on Sunday newspapers.

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