Benchmark indices rebound after three days of decline
The BSE Sensex closed 218.14 points higher to 81,224.75 on October 18 while NSE Nifty rose 104.20 points to 24,854.05.
The BSE Sensex closed 218.14 points higher to 81,224.75 on October 18 while NSE Nifty rose 104.20 points to 24,854.05.
GIFT Nifty, which stands as a new benchmark to the growth story of Indian equity market, saw open interest of 399,188 contracts worth $20.84 billion (about Rs 1,74,275 crore), said the National Stock Exchange (NSE).
Shares of Bajaj Housing Finance made a strong debut on stock markets on Monday.
Indian equity indices closed flat on Tuesday amid mixed global signals and the absence of significant new catalysts.
GIFT Nifty recorded all-time high monthly turnover of $100.13 billion in August, setting a new benchmark to the growth story of Indian equity market.
Yes Bank reported Rs 1,506 crore net loss, its first ever loss, on account of a spike in bad loans. This was followed by downgrades from agencies like Macquarie, Edelweiss, HSBC and Citi.
On the National Stock Exchange (NSE), shares jumped 3.14 per cent to close at Rs 1,386.05 apiece
Similar trend was witnessed on the NSE too, where the share crashed to hit the lower price band of Rs 216.45
The month of March has been the most productive for most brokerages as well as investors since foreign portfolio investors pumped in nearly $5 billion in domestic stocks which had been significant and a total reversal of their pulling out $4.5 billion in 2018.
The Nifty of the National Stock Exchange (NSE) opened at 11,375.20 after closing at 11,354.25 on Monday.
