Bank Nifty hits fresh record high today, climbs above 59,000; strong technical momentum shows more upside

Bank Nifty Today The Bank Nifty scaled yet another record high on Monday, extending its winning streak and gaining further strength in morning trade. The index hit an intraday peak of 59,000.5 in the afternoon trade, rising 0.8 percent and adding 483 points from the previous close. The rally in Bank Nifty was broad-based, with all 12…

Sensex gains 485 points, Nifty 50 ends above 25,700; what drove the Indian stock market higher? 5 key factors explained

The Sensex ended 485 points, or 0.58 per cent, up at 83,952.19, while the Nifty 50 ended at 25,709.85, up 125 points, or 0.49 per cent. The BSE Midcap and Smallcap indices ended with losses of 0.43 per cent and 0.49 per cent, respectively. Stock market today: Extending gains to a third consecutive session, Indian…

Jio Financial Q1 results: Profit up 4% YoY; revenue, NII see sharp surge

Jio Financial: Revenue from operations witnessed a sharp 46.58 per cent rise to Rs 612.46 crore, up from Rs 417.82 crore in the same quarter a year earlier.   Jio Financial Services Ltd (JFSL) on Thursday posted a 3.85 per cent year-on-year (YoY) rise in its consolidated net profit for the first quarter (Q1) of FY26,…

Tata Steel, SAIL: Outlook for Indian steel stocks on Trump tariff woes

Shares of Indian metal companies, particularly steel stocks, took a sharp hit in trades on Monday after the US President Donald Trump threatened a 25 per cent tariff on steel and aluminium imports, as early as Monday. Speaking to reporters on Sunday, Trump said that the levied tariffs would cover “everybody”, without specifying when the…