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Nifty above 14,750 mark; metals shine

The main equity indices traded with modest gains in morning trade amid positive global cues. The Nifty traded above the 14,750 level. All the sectoral indices on the NSE were in the green. Metal stocks extended rally for the fifth session. At 10:25 IST, the barometer index, the S&P BSE Sensex, was up 233.81 points or 0.47% at 49,742.51. The Nifty 50 index added 73.15 points or 0.5% at 14,763.25. In broader market, the S&P BSE Mid-Cap index gained 0.83% while the S&P BSE Small-Cap index added 1.54%. The market breadth was strong. On the BSE, 1840 shares rose and 521 shares fell. A total of 111 shares were unchanged. The buying was supported by positive cues from other Asian stock markets, supported by surveys showing higher production across Asia s factories last month, and the the U. S. government s $2 trillion spending plan.

India generalNirmala sitharamanJoe bidenAxis bankHindalco industriesSteel authority of indiaNational aluminium companyMinistry of healthWorld bankAxis bank united kingdom to openpayd holdingsWelspun corpTata steelIndex of eight core industriesFamily welfareChange in small savings schemeFinance minister nirmala sitharaman

Benchmarks pare gains; FMCG stocks decline

Barometers sharply pared gains in mid-morning trade as profit selling emerged at higher levels. The Nifty gave up 14,750 level and edged lower. All sectoral indices on the NSE traded in green. Some selling was seen in FMCG and financial stocks. At 11:30 IST, the barometer index, the S&P BSE Sensex, was up 29.42 points or 0.06% at 49,538.51. The Nifty 50 index gained 27.5 points or 0.19% at 14,718.25. In broader market, the S&P BSE Mid-Cap index gained 0.43% while the S&P BSE Small-Cap index added 1.27%. The market breadth, indicating the overall health of the market, was strong. On the BSE, 1876 shares rose and 673 shares fell. A total of 131 shares were unchanged.

Nirmala sitharamanJoe bidenJibun bank japan manufacturingDelhi international airportWorld bankIndex of eight core industriesSmall savings schemeFinance minister nirmala sitharamanEight core industriesSouth asia economic focus springGamble hygiene healthcareNestle indiaUnited breweriesPurchasing manager indexPresident joe bidenCapital market

Sensex ends above 50K, Nifty crosses 14,850

The domestic equity indices ended near the day s high on Thursday led by gains in banks and auto stocks. As per the provisional closing data, the barometer index, the S&P BSE Sensex, jumped 520.68 points or 1.05% at 50,029.55. The Nifty 50 index advanced 176.65 points or 1.2% at 14,867.05. The buying was supported by positive global cues, backed by strong factory activity data in euro zone and Asia last month, and the optimism around the U. S. government s $2 trillion spending plan. US President Joe Biden unveiled a massive infrastructure package on Wednesday, which includes roughly $2 trillion in spending over eight years. The government will raise the corporate tax rate to 28%, combined with measures designed to stop offshoring of profits, to fund the infrastructure plan within 15 years.

United statesNirmala sitharamanMaruti suzukiBharti airtelAirtel africaJoe bidenSunteck realtyDelhi international airportAxis bankHarris tea companyMinistry of healthTata groupTata motorsEicher motorsIndex of eight core industriesDevelopment agreement

WB raises India s FY22 GDP forecast to 10 1 pc

WB raises India s FY22 GDP forecast to 10 1 pc
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World bankDistrict of columbiaUnited statesSouth asia economic focus springSouth asiaஉலகம் வங்கிமாவட்டம் ஆஃப் கொலம்பியாஒன்றுபட்டது மாநிலங்களில்தெற்கு ஆசியா பொருளாதார கவனம் வசந்ததெற்கு ஆசியா

WB raises India s FY22 GDP forecast to 10 1 pc

WB raises India s FY22 GDP forecast to 10 1 pc
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