Budget 2024: Banking stocks decline post announcement of the Union Budget 2024!
Budget 2024: Banking stocks decline post announcement of the Union Budget 2024!
The 2024 budget has introduced several key initiatives aimed at bolstering the banking sector in India, particularly focusing on expanding banking services and enhancing credit accessibility for MSMEs.
However, except for Kotak Bank and Federal Bank, all banking stocks plunged into the red on July 23, following the 2024 Budget's lack of major sector reforms. Shares of Axis Bank, ICICI Bank, HDFC Bank, SBI, Bank of Baroda, and IndusInd Bank fell by up to 1 per cent.
Market Wrap: Benchmark close higher with Nifty PSU Bank among the top gainers!
On Monday, Benchmark indices concluded the first trading day of the week on a positive note as Sensex surged by 0.18 per cent and closed at 80,664.86 level, while Nifty soared by 0.35 per cent and reached its record high at 24,635.05 level.
On July 12, 2024, foreign institutional investors (FII) bought shares worth Rs 4,021.60 crore, while domestic institutional investors (DII) offloaded shares worth Rs 1,651.45 crore.
Market Wrap: Benchmark indices make new all-time highs with Nifty IT among the top gainers!
On Friday, Benchmark indices concluded the last trading day of the week on a positive note as Sensex surged by 0.78 per cent and reached its new all-time high at 80,893.51 level, while Nifty soared by 0.77 per cent and reached its record high at 24,592.20 level.
On July 11, 2024, foreign institutional investors (FII) offloaded shares worth Rs 1,137.01 crore, while domestic institutional investors (DII) bought shares worth Rs 1,676.47 crore.
Market Wrap: Benchmark indices close on a negative note with Nifty Realty among the top losers!
On Thursday, Benchmark indices concluded the trading day on a negative note as Sensex declined by 0.03 per cent and closed below the 79,900 mark, while Nifty plunged by 0.03 per cent and closed below the 24,400 level.
On July 10, 2024, foreign institutional investors (FII) bought shares worth Rs 583.96 crore, while domestic institutional investors (DII) bought shares worth Rs 1,082.40 crore.
Market Wrap: Benchmark indices close on a negative note with Nifty Auto among the top losers!
On Wednesday, Benchmark indices concluded the trading day on a negative note as Sensex declined by 0.53 per cent and closed below the 80,000 mark, while Nifty plunged by 0.45 per cent and closed below the 24,400 level.
On July 09, 2024, foreign institutional investors (FII) bought shares worth Rs 314.46 crore, while domestic institutional investors (DII) bought shares worth Rs 1,416.46 crore.
Market Wrap: Benchmark indices close on a positive note with Nifty Auto among the top gainers!
On Tuesday, Benchmark indices concluded the trading day on a positive note as Sensex gained by 0.49 per cent and closed above the 80,300 mark, while Nifty gained by 0.46 per cent and closed above 24,400 level.
On July 08, 2024, foreign institutional investors (FII) bought shares worth Rs 60.98 crore, while domestic institutional investors (DII) bought shares worth Rs 2,866.79 crore.
Market Wrap: Benchmark indices close on a negative note with Nifty PSU Bank among the top losers!
On Monday, Benchmark indices concluded the first trading day of the week a negative note as Sensex declined by 0.05 per cent and closed below the 80,000 mark, while Nifty slightly declined by 0.01 per cent and closed at 24,320.55 level.
On July 05, 2024, foreign institutional investors (FII) bought shares worth Rs 1,241.33 crore, while domestic institutional investors (DII) offloaded shares worth Rs 1,651.36 crore.
Market Wrap: Benchmark indices close on a mixed note with Nifty Financial Services among the top losers!
On Friday, Benchmark indices concluded the last trading day of the week a mixed note as Sensex declined by 0.07per cent and closed below the 80,000 mark, while Nifty surged by 0.09 per cent and closed at 24,323.85 level.
On July 04, 2024, foreign institutional investors (FII) bought shares worth Rs 2,575.85 crore, while domestic institutional investors (DII) offloaded shares worth Rs 2,375.18 crore.
Market Wrap: Benchmark indices close on a positive note with Nifty Pharma among the top gainers!
On Thursday, Benchmark indices concluded the trading day a positive note as Sensex gained by 0.08 per cent and made a record high at 80,392.64 level, while Nifty also surged by 0.06 per cent and also made a new all-time high at 24,401 level.
On July 03, 2024, foreign institutional investors (FII) bought shares worth Rs 5,483.63 crore, while domestic institutional investors (DII) offloaded shares worth Rs 924.43 crore.
Market Wrap: Benchmark indices make new record highs while Nifty Smallcap outperforms!
On Wednesday, Benchmark indices concluded the trading day a positive note as Sensex gained by 0.69 per cent and made a record high at 80,074.30 level, while Nifty also surged by 0.67 per cent and also made a new all-time high at 24,309.15 level.
On July 02, 2024, foreign institutional investors (FII) sold shares worth Rs 2,000.12 crore, while domestic institutional investors (DII) bought shares worth Rs 648.25 crore.
Market Wrap: Benchmark indices close on a lower note while Nifty IT surged over 1 per cent!
On Tuesday, Benchmark indices concluded the trading day a negative note as Sensex declined by 0.04 per cent and closed at 79,441.46 level, while Nifty also slightly declined by 0.07 per cent and closed at 24,123.85 level.
On July 01, 2024, foreign institutional investors (FII) sold shares worth Rs 426.03 crore, while domestic institutional investors (DII) bought shares worth Rs 3,917.43 crore.
Market Wrap: Benchmark indices close on a higher note while Nifty Smallcap surged over 1.5 per cent!
On Monday, Benchmark indices concluded the first trading day of the week on a positive note as Sensex surged by 0.56 per cent and closed at 79,476.19 level, while Nifty also gained by 0.55 per cent and closed at 24,141.95 level.
On June 28, 2024, foreign institutional investors (FII) sold shares worth Rs 23.09 crore, while domestic institutional investors (DII) bought shares worth Rs 6,658.31 crore.