An uptick in capital expenditure aided by a gradual moderation in inflation from its peak of 7.79 per cent in April to 6.71 per cent in July has ensured that the rally is broad based, with even the mid-cap and small cap indices rising 16.3 per cent and 15.6 per cent, respectively.
Syrma SGS Technology IPO Opens Today, Market Today: The Rs 840 crore initial public offering (IPO) of electronic manufacturing services company Syrma SGS Technology is available from August 12-18, 2022. It has a price band of Rs 209-220 per share.
Separately, Paytm said macro economic challenges may lead to "slight moderation" in its growth. The company posted nearly 300% jump in loan disbursals in July.
At the interbank foreign exchange market, the local currency opened at 79.67 and saw an intra-day high of 79.63 and a low of 79.72 against the American currency. It finally ended at 79.66, down 4 paise over its previous close.
Share Market Today, Stock Market Today, August 12, 2022: The S&P BSE Sensex rose 130.18 points (0.22 per cent) to end at 59,462.78 while the Nifty 50 settled at 17,698.15, up 39.15 points (0.22 per cent).
Axis Bank was the top gainer in the Sensex pack, climbing 2.75 per cent, followed by Bajaj Finance, HDFC, Tech Mahindra, Wipro, SBI, TCS and IndusInd Bank.
The norms follow the recommendations of a working group for digital lending, whose report was made public last November.
This was in comparison to a net inflow of Rs 135 crore in June, data with Association of Mutual Funds in India (Amfi) showed.
Stock Market Holiday, August 9, 2022: On Monday, the S&P BSE Sensex surged 465.14 points (0.80 per cent) to end at 58,853.07 while the Nifty 50 climbed 127.60 points (0.73 per cent) to settle at 17,525.10.
The net inflows in July were lower compared to the net inflow of Rs 15,495 crore seen in June, Rs 18,529 crore seen in May and Rs 15,890 crore in April, according to data released by Association of Mutual Funds in India (Amfi)on Monday.
Companies were not taking the IPO route for fundraising due to the volatility in the markets. In fact, many firms that received Sebi's go-ahead are waiting for the right time to float their issues as current market conditions are challenging.
The stock declined 3.13 per cent to Rs 514 on the BSE. At the NSE, it went lower by 3.23 per cent to Rs 513.85.
At the interbank foreign exchange market, the domestic currency opened weak at 79.50 per dollar. It oscillated between a high of 79.45 and a low of 79.65 during the session. It finally settled at 79.64, down 40 paise over its previous close of 79.24.
Share Market, Stock Market Today, August 8, 2022: The S&P BSE Sensex surged 465.14 points (0.80 per cent) to end at 58,853.07, while the Nifty 50 settled at 17,525.10, up 127.60 points (0.73 per cent).
In initial deals, the local unit witnessed an early high of 78.94 and low of 79.17 against the American currency.
Sensex, Nifty, Share Market, Stock Market Today,August 5, 2022: At 1:15 pm, the S&P BSE Sensex was trading 116.96 points (0.20 per cent) higher at 58,415.76, while the NIfty 50 was at 17,409.65, up 27.65 points (0.16 per cent).
At the interbank foreign exchange market, the local currency opened at 79.21 and finally ended at 79.32, down 17 paise over its previous close.
Sensex, Nifty, Share Market, Stock Market Today,August 4, 2022: The S&P BSE Sensex fell 51.73 points (0.09 per cent) to end at 58,298.80 while the Nifty 50 slipped 6.15 points (0.04 per cent) to settle at 17,382.00.
Zomato Share, Share Market Today, August 3, 2022: The Zomato stock tanked 9.62 per cent to Rs 50.25 apiece in the early trade on the BSE. However, on the National Stock Exchange (NSE), it crashed 6.84 per cent to Rs 51.75 per share.
At the interbank foreign exchange market, the local currency opened lower at 78.70 and fell further to settle at the day's low of 79.21.
Sensex,Nifty, Share Market, Stock Market Today, August 3: The S&P BSE Sensex climbed 214.17 points (0.37 per cent) to end at 58,350.53 while the Nifty 50 settled at 17,388.15, up 42.70 points (0.25 per cent).
The stock climbed 10.67 per cent to Rs 51.80 on the BSE. At the NSE, it zoomed 10.79 per cent to Rs 51.30.
The rupee has gained 138 paise or 1.73 per cent against the US dollar in the four days to Tuesday to regain the 78-level.
Share Market News, Stock Market Today, August 2, 2022: The S&P BSE Sensex rose 20.86 points (0.04 per cent) to end at 58,136.36 while the NIfty 50 inched 5.40 points (0.03 per cent) higher to settle at 17,345.45.
Sensex Today, Share Market, Stock Market Today, August 1, 2022: The S&P BSE Sensex surged 545.25 points (0.95 per cent) to end at 58,115.50 while the Nifty climbed 181.80 points (1.06 per cent) to settle at 17,340.05.