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.

The Nifty 50 index ended its impressive winning streak this week, marking a 0.5% drop and closing at 24,717 points. This drop breaks the longest winning run since 2010, which had spanned eight consecutive weeks of gains. Today’s performance saw a 1.7% decline, and the week concluded with 30 of the index's stocks ending in the red.

On August 1, the Indian stock market saw its key benchmarks, the Sensex and Nifty 50, hit new closing highs. This was a continuation of their recent gains, marking their fifth consecutive day of rising values. The Sensex closed at 81,867.55, up 126 points or 0.15 percent, while the Nifty 50 ended at 25,010.90, gaining 60 points or 0.24 percent.

The Indian stock market saw a dramatic decline following the presentation of the Union Budget 2024. The BSE Sensex fell by more than 1,150 points, and the NSE Nifty dropped below the 24,150 mark. As of 12:36 pm, the Sensex was down 1,178 points, or 1.46 percent, bringing it to 79,324 points.

In global markets, positive trends were observed in Seoul, Tokyo, and Hong Kong, while Shanghai closed lower. European markets were also trading with gains, following a mixed performance on Wall Street last Friday.

Among the prominent stocks included in the eligibility list are Ambuja Cements, Ashok Leyland, Bajaj Auto, Bank of Baroda, BPCL, Cipla, as well as three Tata Group stocks, among others. This move comes as part of the Securities and Exchange Board of India's (Sebi) initiative to introduce the beta version of the T+0 trade settlement cycle.

From the Sensex basket, Reliance Industries, Maruti, NTPC, Tata Motors, Axis Bank, Bajaj Finance, Hindustan Unilever and Larsen & Toubro were the major gainers, while Infosys, Wipro, IndusInd Bank and Nestle were among the laggards.

In fresh trouble for Paytm Payments Bank, the Financial Intelligence Unit (FIU) has slapped a penalty of Rs 5.49 crore on the payments bank for violating anti-money laundering law, the finance ministry said on Friday.

"The reports and rumors pertaining to accounting issues in the company are incorrect and false. Pursuant to the Securities Appellate Tribunal (SAT) order, which granted relief to the current Key Managerial Personnel (KMP), the company has been in the process of providing all the comments, information, or explanation requested by SEBI, and has extended the complete co-operation on all aspects."