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Sensex surges to record high, investors gain Rs 6.24 trillion

Sensex surges to record high, investors gain Rs 6.24 trillion

by AIP Online Bureau | Sep 20, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

“Markets were on a roll on the back of across-the-board buying as the US interest rate cut has triggered a downward spiral in both Indian and US bond yields, making India’s financial assets more attractive,” Prashanth Tapse, Senior VP (Research),...
Global selloff: Sensex and Nifty nosedive, Investors’ wealth eroded by Rs 17.11 lakh crore

Global selloff: Sensex and Nifty nosedive, Investors’ wealth eroded by Rs 17.11 lakh crore

by AIP Online Bureau | Aug 5, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Wealth Management/ Philanthropy

Global markets were in the deep red on Monday as the US economic slowdown weighed heavily on the financial markets Mumbai: Equity market benchmark indices Sensex and Nifty crashed over 3 per cent each on Monday in line with extremely weak trends in global markets amid...
LIC share touches a new life time high of Rs 1178

LIC share touches a new life time high of Rs 1178

by AIP Online Bureau | Jul 26, 2024 | Eco/Invest/Demography, Indian News, Life

On a year to date basis, private life insurers like HDFC Life Insurance Company rose 6.31 per cent, ICICI Prudential Life Insurance Company rose 32.93 per cent and SBI Life Insurance Company rose 18.66 per cent Kumud Das Mumbai: State-run insurer Life Insurance...
Sensex crosses 80,000 in record opening, banking stocks lead rally

Sensex crosses 80,000 in record opening, banking stocks lead rally

by AIP Online Bureau | Jul 3, 2024 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy

“Higher global markets are setting up a positive open for Indian markets today. Fed Chairperson Powell’s comments gave a boost to US markets with a rate cut in September and December being factored in, even though Powell did not allude to any imminent rate...
Sensex surges to record high, investors gain Rs 6.24 trillion

Nifty surpasses 24,000 for 1st time, Sensex goes past 79,000 after sharp bull run

by AIP Online Bureau | Jun 27, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

The market capitalization of BSE-listed firms hit a lifetime high of Rs 4,38,41,960.73 crore (USD 5.25 trillion), with investors’ wealth increasing by Rs 3.93 lakh crore in just four sessions. Noteworthy, it took the BSE benchmark merely two sessions to move...
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