Stock market today: Early on Monday, the domestic benchmark indices, the Sensex and Nifty 50, rose in response to a surge in their US counterparts and inflows of foreign funds. Following US Fed Chair Jerome Powell’s recent address at the Jackson Hole meeting, when he indicated that the time had come for policy to be … Read more
Indian stock market: Market indices Sensex and Nifty reached new closing highs on Monday, July 15, driven by gains in select index heavyweights including SBI, ONGC, NTPC, and ITC. The Nifty 50 reached a new record peak of 24,635.05 during the session, ultimately closing 85 points higher at 24,586.70, an increase of 0.35 percent. Meanwhile, … Read more
Tyre stocks: As the demand forecast improved, the shares of tyre manufacturers such as JK Tyre & Industries Ltd (up over 10%), MRF Ltd (up 4.5%), Apollo Tyres Ltd (up almost 6%), Ceat Ltd (up over 12.4%), TVS Motor Company Ltd (up 2%), and Goodyear India Ltd (up 5.4%) were on a bull run. According … Read more