Sensex closes above 80,000 for first time, Nifty at 24,302

Mumbai  (IANS) Indian equity indices closed with marginal gains on Thursday following a volatile session. Sensex and Nifty made a new all-time high of 80,392 and 24,401 respectively, but the markets were unable to hold onto the higher levels as the…

Sensex hits new all-time high on positive global cues

Mumbai (IANS) Indian equity benchmarks opened at a new record high on Thursday following positive cues from global peers. In early trading hours, Sensex and Nifty made a new all-time high of 80,374 and 24,400 respectively. 

At 9:50 a.m., Sensex…

Cement volumes to grow 7-8 pc in FY25, top 5 firms to solidify market share

New Delhi (IANS) Driven by the sustained healthy demand from the infrastructure and housing sectors, cement volumes in the country are projected to rise by a healthy 7-8 per cent (year-on-year) in the current fiscal (FY25), a report showed on Thursday. 

India records robust services sector growth in June, hiring at 2-year high: HSBC

New Delhi (IANS) Growth in India's services sector accelerated in June on the back of robust domestic demand and a record rise in export orders, according to an HSBC survey released on Wednesday.

The strong demand also led to service providers…

Sensex crosses 80,000 for first time, banking stocks lead rally

Mumbai (IANS) Indian equity indices opened at record high on Wednesday following a rally in the banking stocks. Sensex and Nifty made a new all-time high of 80,039 and 24,292 respectively. 

The Broader market remains positive. On the National…

Railway freight earnings shoot up by 11.1 pc to Rs 14,798 crore in June

New Delhi (IANS) Indian Railways has achieved a freight loading of 135.46 million tonnes in June this year which represents a robust 10.07 per cent increase over the corresponding figure of 123.06 million tonnes in the same month last year, according…

SEBI issues show-cause notice to Hindenburg, Nathan Anderson over Adani report

Mumbai (IANS) The Securities and Exchange Board of India (SEBI) has issued a show-cause notice to Hindenburg Research, Nathan Anderson and the entities of Mauritius-based foreign portfolio investor (FPI) Mark Kingdon for trading violations in the…

GST collection jumps 7.7 pc in June to Rs 1.74 lakh crore

New Delhi (IANS) India's gross GST collection rose to Rs 1.74 lakh crore in June this year which represents a 7.7 per cent increase over the same month last year, according to sources. 

This takes the total GST (goods and services tax)…

Sensex jumps 443 points, IT stocks lead rally

Mumbai (IANS) Indian stock indices closed in green on Monday following the rally in IT shares. At closing, Sensex was at 79,476, up 443 points or 0.56 per cent and Nifty was up 131 points or 0.55 per cent, at 24,141. 

During the day, midcap…

RBI inks pact to link UPI with 4 ASEAN countries for instant cross-border retail payments

Mumbai (IANS) Reserve Bank of India (RBI) on Monday announced that it has now joined Project Nexus with the four ASEAN countries to create a platform to facilitate instantaneous cross-border retail payments.

Nexus, conceptualised by the Innovation…