Stock market update: Nifty Bank index advances 0.89% in an upbeat market
ICICI Bank Ltd.(up 2.76 per cent), HDFC Bank Ltd.(up 1.96 per cent), Kotak Mahindra Bank Ltd.(up 0.8 per cent) and IDFC First Bank Ltd.(up 0.62 per cent) were among the top gainers.
Explore courses from Top Institutes in
Select a Course Category
Data Science
Healthcare
Degree
Data Science
Finance
Digital Marketing
Leadership
CXO
Public Policy
MCA
healthcare
Product Management
Cybersecurity
Management
Operations Management
MBA
Project Management
Design Thinking
others
Artificial Intelligence
Others
PGDM
Data Analytics
Skills you'll gain:
Strategic Data-Analysis, including Data Mining & Preparation
Predictive Modeling & Advanced Clustering Techniques
Machine Learning Concepts & Regression Analysis
Cutting-edge applications of AI, like NLP & Generative AI
Duration:
8 Months
IIM Kozhikode
Professional Certificate in Data Science and Artificial Intelligence
Starts on
Jun 26, 2024
Get Details
Skills you'll gain:
Data Analysis & Interpretation
Programming Proficiency
Problem-Solving Skills
Machine Learning & Artificial Intelligence
Duration:
24 Months
Vellore Institute of Technology
VIT MSc in Data Science
Starts on
Aug 14, 2024
Get Details
Au Small Finance Bank Ltd.(down 5.23 per cent), IndusInd Bank Ltd.(down 3.2 per cent), Bank of Baroda(down 1.03 per cent), Canara Bank(down 0.9 per cent) and Federal Bank Ltd.(down 0.87 per cent) were the top losers on the index.
The Nifty Bank index was up 0.89 per cent at 56783.6 at the time of writing this report.
Benchmark NSE Nifty50 index was up 88.35 points at 25056.75, while the BSE Sensex was up 356.27 points at 82114.0.
Live Events
Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.
Shares of
Vodafone Idea
,
YES Bank
,
JP Power
,
PC Jeweller
and Ola Electric Mobilit were among the most traded shares on the NSE.
Shares of Bluspring Enterprises Ltd., Digitide Solutions Ltd.,
Paradeep Phosphates
,
Gallantt Metal
and
Soma Textiles
hit their fresh 52-week highs in today's trade, while
Reliance Comm
, LCC Infotech, Smartworks Coworking, Supreme Engineering and Marshall Machines hit fresh 52-week lows in trade.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
5 hours ago
- Economic Times
Stock picks of the week: 5 stocks with consistent score improvement and return potential of 13 to 45% in 1 year
For all those who were getting complacent about the markets, the last two trading sessions have once again come as a lesson that when valuations are not cheap, it is good to be cautious and selective even while maintaining the underlying bullish mood. More than the Nifty and Sensex taking a beating, what has changed in the last two sessions, and is more worrying for the street, is the negative market breadth. The risk of the situation getting FONT SIZE SAVE PRINT COMMENT
Economic Times
7 hours ago
- Economic Times
SAIL Q1 Results: Net profit zooms to Rs 745 crore
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
&w=3840&q=100)
First Post
7 hours ago
- First Post
Stock markets fall for second day, Sensex crashes 721 points amid broad sell-off in IT, finance and energy stocks
Indian stock markets extended losses for a second straight session on Friday, with the Sensex nosediving 721 points and the Nifty slipping 225 points. Weak corporate earnings, continued FII outflows, and poor global cues dragged benchmarks to one-month lows read more Friday saw stock markets fall for the second consecutive day, with the Sensex plunging 721 points as a result of strong selling in IT, financial, and oil and gas stocks amid ongoing outflows of foreign funds. The 30-share BSE Sensex tumbled 721.08 points, or 0.88%, to close at 81,463.09 — its lowest level in over a month. In intraday trade, it fell as much as 786.48 points, or 0.95%, to touch 81,397.69. STORY CONTINUES BELOW THIS AD At 24,837, the 50-share NSE Nifty fell 225.10 points, or 0.90 percent, to its lowest level in a month. Investor mood was further damaged, according to analysts, by a dismal trend in the European and Asian markets. Vinod Nair, Head of Research, Geojit Investments Limited, said, 'Subdued corporate results and lacklustre global cues triggered a broad-based sell-off across domestic equities. Elevated valuations in large-cap stocks, coupled with significant net short positions held by FIIs, added to the downward pressure.' Following the release of its June quarter earnings, Bajaj Finance saw a 4.73 percent fall among Sensex companies. Among the laggards were Power Grid, Infosys, Tech Mahindra, Trent, Bajaj Finserv, Tata Motors, NTPC, and Adani Ports. But Bharti Airtel and Sun Pharma came out on top. According to exchange data, foreign institutional investors (FIIs) sold off equities worth Rs 2,133.69 crore on Thursday. Nonetheless, stocks valued at Rs 2,617.14 crore were purchased by Domestic Institutional Investors (DIIs). In Asian markets, South Korea's Kospi concluded the day in positive territory, but Hong Kong's Hang Seng, Shanghai's SSE Composite index, and Japan's Nikkei 225 index all settled lower. The markets in Europe were trading lower. Thursday saw a mixed finish for US markets. India and the UK signed a landmark free trade agreement on Thursday, which, starting next year, will see 99 per cent of Indian exports enter the UK duty-free, while reducing tariffs on British products such as cars and whisky. STORY CONTINUES BELOW THIS AD The deal, which comes days ahead of the US moratorium on higher tariffs coming to an end, aims to double the USD 56 billion trade between the world's fifth and sixth largest economies by 2030. Global oil benchmark Brent crude climbed 0.32 per cent to USD 69.40 a barrel. On Thursday, the Sensex tanked 542.47 points or 0.66 per cent to settle at 82,184.17. The Nifty dropped 157.80 points or 0.63 per cent to 25,062.10.
