Nifty Bank drops 370 points as PNB, Axis Bank, SBI, and other stocks fall up to 2%. What lies ahead?
The Nifty Bank index fell over 370 points on Monday as PNB, Axis Bank, and SBI dropped up to 2%, with PSU banks leading the selloff. Analysts say the index is in near-term consolidation, with the next directional move depending on a breakout or breakdown from key technical levels.
16d ago · 3 min · Markets
India slips to seventh in global market cap rankings as South Korea pulls ahead
South Korea's AI chipmaker rally pushed its total listed market value to $5.01 trillion, overtaking India's $4.85 trillion on the NSE and dropping India to seventh in global market cap rankings. The shift reflects how concentrated AI hardware exposure is reshaping capital allocation and country-level valuations.
24d ago · 3 min · Markets
Stock market today: Nifty 50 breaks above 24,400 resistance; next stop 25,000?
The Nifty 50 has broken above the 24,300, 24,400 resistance zone, a level analysts consider critical for sustaining bullish momentum. A confirmed hold above this range could open the path toward the 24,800, 25,000 target zone.
1mo ago · 2 min · Markets
Sensex closes lower by 582 points as high crude oil prices dent investor sentiment
The BSE Sensex fell 582 points and the Nifty dropped 0.74% to 23,997.55, closing below the 24,000 mark as rising crude oil prices hurt investor sentiment. Higher oil costs pressure corporate margins and could widen India's trade deficit. The Nifty's breach of 24,000 is a key level traders will monitor closely.
2mo ago · 1 min · Markets
Sensex plunges 1,000 points, investors lose ₹6 lakh crore: 5 Key factors behind stock market crash explained
The BSE Sensex fell 1,000 points to an intraday low of 76,502 and the Nifty dropped over 300 points to 23,864, both losing roughly 1.3%. The selloff erased around ₹6 lakh crore in investor wealth in a single session. Both benchmarks fell simultaneously, pointing to broad-based selling pressure.
2mo ago · 1 min · Markets
NSE gets SEBI nod to invest in proposed coal exchange
NSE has received SEBI approval to invest in a proposed coal exchange, moving the project into its next regulatory phase. The exchange requires a separate licence from the Coal Controller Organisation, which NSE is now expected to pursue. A functional coal exchange could improve price transparency for industrial coal
2mo ago · 1 min · Markets
Sebi clears NSE’s investment in proposed National Coal Exchange; move to formalise coal trading
Sebi approved NSE's investment in a proposed National Coal Exchange, creating a regulated venue for transparent coal price discovery in India. The regulator also overhauled intermediary disqualification rules, removing complaint-triggered bans while tightening penalties upon conviction and requiring prompt disclosures.
2mo ago · 1 min · Markets
Sensex gains 500 points, Nifty 50 ends above 24,350; investors earn ₹5 lakh crore in a day
The BSE Sensex rose 505 points to 78,493.54 and the Nifty 50 gained 157 points to close at 24,353.55, both up 0.65%. The rally added ₹5 lakh crore in investor wealth in a single session. Sustained trading above Nifty's 24,350 level will be the near-term technical benchmark to watch.
2mo ago · 1 min · Markets
Stock market today: Nifty 50 reclaims 24,000. What are the next crucial technical levels for the index?
India's Nifty 50 index reclaimed the 24,000 mark, a closely watched technical level following recent selling pressure. Analysts warn that FII outflows and potential earnings downgrades could cap further gains by limiting valuation expansion. Upcoming corporate earnings data will be the key test of whether the recovery
2mo ago · 1 min · Markets
RailTel shares surge 13% on tunnel communication orders worth ₹564 crore
RailTel shares jumped 13.15% to ₹321.77 on the NSE after the company won tunnel communication orders totaling ₹564 crore. The order win signals near-term revenue backlog expansion in a high-barrier infrastructure segment. Execution timelines and margin profile on these contracts will determine whether the re-rating hol
2mo ago · 1 min · Markets
Sensex crashes 1700 points, investors lose ₹8 lakh crore; key factors behind stock market crash explained
The BSE Sensex crashed nearly 1,700 points and the Nifty 50 fell 500 points in a single session, wiping out approximately ₹8 lakh crore in market capitalization within minutes. The scale and speed of the decline points to broad liquidation pressure across Indian equities. Key triggers and whether the selloff extends fu
2mo ago · 1 min · Markets