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Economy

Nifty 50 and Sensex rise, investors gain over ₹2 Lakh Cr

On Tuesday, August 20, the Indian stock market experienced a notable boost, with the Sensex and Nifty 50 both closing significantly higher. The Sensex gained 378 points, or 0.47%, ending at 80,802.86. Similarly, the Nifty 50 rose by 126 points, or 0.51%, closing at 24,698.85. This upward trend was supported by positive global cues and market sentiment.

News Arena Network Aug 20 2024

Economy

Sensex jumps 1,330 points to two-week high, Nifty rallies

The 30-share BSE Sensex surged 1,330.96 points to 80,436.84, its best single-day gain in over two months, while the NSE Nifty climbed 397.40 points to a two-week high of 24,541.15.

Economy

Sensex hits 79105, Nifty 50 edges up, IT stocks perform well

On Wednesday, the stock market saw mixed results with the Sensex rising slightly, while the Nifty 50 ended nearly unchanged. The Sensex climbed by 149.85 points to close at 79,105.88, and the Nifty 50 gained 4.75 points, finishing at 24,143.75. IT stocks stood out with notable gains, driven by strong performances from major companies.

Economy

Indian market stays steady amidst Hindenburg allegations

On Monday, Indian investors remained largely unfazed by the recent Hindenburg allegations against SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch. Despite predictions of a market crash, the benchmark indices ended the day relatively flat. The Sensex closed down 57 points at 79,648, and the Nifty ended down 20 points at 24,347. During intra-day trading, the Sensex briefly surged over 300 points, surpassing the 80,000 mark

Economy

NSE hits new high listing five companies in multiple cities

On Tuesday, the National Stock Exchange (NSE) achieved a notable milestone by successfully listing five companies across multiple cities in a single day. This record-setting event saw a combined issue size of ₹2,047 crore, reflecting the NSE's robust technological capabilities and issuance procedures.

Economy

Sensex rebounds with 875 Points, Nifty surges above 24,300

In a much-needed boost for the stock market, the benchmark indices ended their three-day losing streak with a strong performance, largely driven by positive global cues. Both the Nifty 50 and Sensex saw significant gains as global markets rebounded from earlier fears of a US recession, following reassurances from Federal Reserve officials. This uptick in global sentiment provided a much-needed lift to domestic equities.

Economy

Market's worst drop since June, investors lose ₹15 lakh cr

The sharp decline led to a staggering loss of over Rs 15 lakh crore for investors in just one day, marking a significant financial hit.

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