Sensex, Nifty Log Longest Winning Streak In Over Two Months
- Oldest First
India's stock benchmarks advanced for the fourth consecutive session, their longest winning streak in over two months since the seven-day streak ended Oct. 18, 2021, aided by banking, metal and oil and gas stocks.
The S&P BSE Sensex rose over 0.6% to 60,223.15. This is the first time the 30-stock gauge close above 60,000 in over six weeks.
The NSE Nifty 50 advanced by similar magnitude to 17,925.25. Bajaj Finserv Ltd. had the largest increase, rising 5.0%. Today, 34 of 50 shares rose, while 16 fell.
The broader indices underperformed their larger peers with the S&P BSE MidCap adding 0.35% while the S&P BSE SmallCap was little changed. Thirteen of the 19 sectoral indices compiled by BSE Ltd. advanced with S&P BSE Bankex rising nearly 2.5%.
The market breadth was skewed in the favour of bulls. About 1,828 stocks advanced, 1,556 declined and 97 remained unchanged.
Realty Stocks Advance
Future Group Counsel Mukul Rohatgi Before Delhi HC Division Bench
The single judge did not appreciate the import of the order of the CCI.
In the entire order, there is no consideration of the order of the CCI, the heavy hand by which they have come down on Amazon.
A 200 crore penalty is not a small penalty.
Videocon Insolvency: NCLAT Remits Matter Back To CoC For Fresh Bids
NCLAT has set aside Twin Star's resolution plan which was approved by the CoC and the NCLT since there are certain defects in it.
CoC to rectify defects in fresh round of bidding.
Source: NCLAT proceedings