• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Market Value Of BSE Listed Companies Surges Rs 8.55L Cr For The Week

OMMCOM NEWS by OMMCOM NEWS
December 15, 2023
in Business

Mumbai:  The Nifty rose for the seventh week in a row to close at fresh all-time high of 21,457 on Friday, while the Sensex galloped nearly 1,000 points to settle at 71,483, said Devarsh Vakil, Deputy Head of Retail Research at HDFC Securities.

The stock market rally has come on the back of a dovish stance by the US Federal Reserve, which has signalled around three rate cuts in the coming years.

Cash market volumes stood sharply higher (second-highest ever), as compared to the recent averages. PSU bank stocks extended gains for the 11th consecutive trading session, Vakil said.

The combined market value of all BSE-listed companies surged by Rs 2.76 lakh crore on Friday, marking an overall increase of Rs 8.55 lakh crore for the week, reaching Rs 357.78 lakh crore, he said.

India’s trade deficit narrowed in November from a record high the previous month, as imports fell after demand slowed following the festive season. The rupee appreciated 33 paisa or 0.4 per cent and settled at Rs 83 per dollar, its biggest gain since March, Vakil said.

Nifty Midcap 100 and Smallcap 100 indices also closed at their all-time highs. However, on Friday, they underperformed the Nifty where Nifty Midcap and Smallcap 100 Index gained 0.11 per cent and 0.71 per cent, respectively.

Advancing shares outnumbered the declining shares for the third day in a row as advance decline ratio stood at 1.09 levels on the BSE, Vakil said.

(IANS)

Tags: Nifty
ShareTweetSendSharePinShareSend
Previous Post

Hrithik, Deepika’s Chemistry In ‘Sher Khul Gaye’ From ‘Fighter’ Sets The House On Fire

Next Post

VK Pandian Won’t Contest 2024 Polls

Related Posts

Adani Group
Business

‘Baseless, Mischievous’: Adani Group Denies Report Of US Probe Into Alleged Iranian LPG Links

June 2, 2025
Business

India, Japan Agree On Deepening Maritime Ties

June 2, 2025
Business

India’s Coal Production Rises 3.4 Per Cent To Cross 86 Million Tonnes In May

June 2, 2025
Washington, DC : Prime Minister Narendra Modi in a bilateral meeting with Tesla CEO Elon Musk at Blair House, in Washington, DC on Thursday, February 13, 2025. (IANS)
Business

Tesla Has To Manufacture In India, PM Modi And Elon Will Work It Out Soon: Errol Musk

June 2, 2025
Business

Way To Go: Elon Musk’s Father Errol Hails India’s Electric Car Scheme

June 2, 2025
Business

India Inc Posts Stable Q4 Performance Amid Global Headwinds: Report

June 2, 2025
Next Post
VK Pandian

VK Pandian Won’t Contest 2024 Polls

Hardik Pandya

Hardik Pandya Announced As Mumbai Indians Captain For IPL 2024 Season, Replaces Rohit Sharma

Women Hockey

Indian Women’s Hockey Goes Down 2-3 To Spain In 5 Nations Tournament

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.