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BusinessMaharashtra

Sensex vaults 905 points as Fed holds rates, adding Rs 4.72 lakh crore in a day

The Sensex closed 905.01 points, or 1.24 per cent, higher at 74,151.04 and the Nifty gained 237.90 points to 22,936.75 on Thursday. The market value of BSE-listed firms rose by Rs 4,72,033.20 crore, with Adani Ports the top gainer.

· 2 weeks ago
Sensex slides over 450 points as Brent tops $113, IT stocks buck the selloff
BusinessMaharashtra

Sensex slides over 450 points as Brent tops $113, IT stocks buck the selloff

Rising crude prices weighed on Indian shares on Friday, with the Sensex down more than 450 points and the Nifty slipping below 22,500 as Brent crude topped $113 a barrel. IT stocks gained even as metals, realty and broader markets fell. Swiggy hit a record low.

· 3 weeks ago
BusinessMaharashtra

Sensex slides 458 points as crude tops $110, 403 stocks hit 52-week lows

Equity benchmarks Sensex and Nifty fell for a third straight session on Thursday, with the Sensex down 458.05 points at 73,251.64 and the Nifty at 22,641.70. Brent crude rose to about $110.68 a barrel and the rupee slipped to 94.50. As many as 403 stocks hit 52-week lows.

· 3 weeks ago
Jio Platforms' ₹30,213-crore IPO opens; India's biggest share sale
BusinessMaharashtra

Jio Platforms' ₹30,213-crore IPO opens; India's biggest share sale

Jio Platforms' ₹30,213-crore IPO, India's largest share sale, opened for subscription and closes on October 23. The price band is ₹1,065-1,119 and the issue is a fresh sale of up to 27 crore shares. The ₹8,110-crore anchor book was subscribed over 30 times. Listing is expected on October 28.

· 3 weeks ago
Sensex slips 143 points, Nifty ends at 22,811 as bank stocks drag and IT shines
BusinessMaharashtra

Sensex slips 143 points, Nifty ends at 22,811 as bank stocks drag and IT shines

Benchmarks ended lower on Wednesday after giving up a strong opening. The Sensex fell 143 points to 73,710 and the Nifty 78 points to 22,811, with banks and financials dragging. The midcap index fell nearly 2 per cent. IT was the lone bright spot, with the Nifty IT index up 2.21 per cent.

· 3 weeks ago
Jio's Rs 30,213-crore IPO sold out in 100 minutes, smashes India's share-sale record
BusinessMaharashtra

Jio's Rs 30,213-crore IPO sold out in 100 minutes, smashes India's share-sale record

Reliance's Jio Platforms IPO of Rs 30,213 crore was fully subscribed within 100 minutes of opening on Wednesday, making it India's largest-ever share sale. It overtakes Hyundai Motor India's Rs 27,870-crore issue of 2024. The price band is Rs 1,065-1,119; the issue closes on October 23 and lists on October 28.

· 3 weeks ago
Sensex slips 377 points, Nifty below 22,750 as IT stocks offer the only coverBREAKING
BusinessMaharashtra

Sensex slips 377 points, Nifty below 22,750 as IT stocks offer the only cover

Markets gave up a gap-up opening on Wednesday. The Nifty 50 fell 164.40 points (0.72%) to 22,724.55 and the Sensex shed 377.37 points (0.51%) to 73,475.53. Of 4,471 BSE stocks traded, 3,397 declined. IT stocks were the lone bright spot, while auto was the worst-hit sector.

· 3 weeks ago