Nifty declined nearly 2 per cent since Diwali 2021, closes just below 17,600 today; banks shine
Nifty declined nearly 2 per cent since Diwali 2021, closes just below 17,600 today; banks shine

Nifty declined nearly 2 per cent since Diwali 2021, closes just below 17,600 today; banks shine

Anant Raj, Axis Bank, Bank of Baroda, Federal Bank, Indian Bank, ITC, and Sun Pharma are some of the key stocks that have hit their respective fresh 52-week highs.

Rohit Kale Article rating: 4.4

Nifty and Sensex managed to put up minor gains ahead of Diwali weekend. The benchmark index closed at 17,576 while Sensex gained 100 points.

Stocks below Rs 100: Only buyers seen in these scrips on April 19
Stocks below Rs 100: Only buyers seen in these scrips on April 19

Stocks below Rs 100: Only buyers seen in these scrips on April 19

The scrip of AU Small Finance Bank is up by almost 6 per cent as the company is expected to announce bonus shares whereas Apollo Hospitals is a top gainer in the mid-cap space and is up by 5.48 per cent.

Sayali Kotwal Article rating: 4.4

At 11 am, the core equity indices i.e., Sensex and Nifty 50 were trading flat amidst mixed global cues. The Asian markets plunged due to a fall in the technology stocks as well as the surge in COVID-19 cases.  

 

Opening Bell: Markets trade marginally higher, IT, energy, metal and PSU stocks gain
Opening Bell: Markets trade marginally higher, IT, energy, metal and PSU stocks gain

Opening Bell: Markets trade marginally higher, IT, energy, metal and PSU stocks gain

On Thursday, the Indian markets opened marginally higher, as the core equity indices were up by 0.80 per cent.

Sayali Kotwal Article rating: 5.0

On Thursday, the Indian markets opened marginally higher, as the core equity indices were up by 0.80 per cent. This comes after the FED Chairman, Jerome Powell announced that the highly anticipated rate hike will happen but at 0.25 bps rise only for now. The further point increase in the interest rate will depend if the inflation in the US remains ‘persistently high'. This statement came as a slight relief to the markets globally, in this period of turmoil. 

Budget 2022: Insurance sector stays muted
Budget 2022: Insurance sector stays muted

Budget 2022: Insurance sector stays muted

LIC IPO will be expected shortly, and the government aims to raise about Rs 1,200 crore via IPO.  

Rohit Kale Article rating: 5.0

The insurance sector was widely anticipating a GST cut in the insurance products but to no avail.

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