Sensex, Nifty settle at new closing high levels in first part of special live trading session
The Hindu
Mumbai Sensex and Nifty hit new highs in special trading session amid impressive GDP data and foreign fund inflows.
Equity benchmark indices Sensex and Nifty ended at new closing high levels in the first part of a special trading session on Saturday, extending their previous day's sharp rally, amid impressive GDP data and foreign fund inflows.
Leading stock exchanges BSE and NSE are conducting a special trading session in the equity and equity derivative segments on Saturday to check their preparedness to handle major disruption or failure at the primary site.
The special live trading session will have intra-day switch over from Primary Site (PR) to Disaster Recovery (DR) site.
The 30-share BSE Sensex climbed 114.91 points or 0.16% to reach its all-time closing high of 73,860.26. During the 45-minute trade, the benchmark reached its fresh record peak of 73,982.12.
The Nifty went up by 56.25 points or 0.25% to settle at a new closing high of 22,395. Earlier in the trade, it hit its lifetime peak of 22,420.25.
There will be two trading sessions — the first from 9:15 a.m. to 10 a.m. on the PR, and the second from 11:30 a.m. to 12:30 p.m. on the DR site, according to the exchanges.
"Trading members are requested to note that the exchange will conduct a special live trading session with intraday switch over from Primary Site (PR) to Disaster Recovery Site (DR) on Saturday, March 2, in equity and equity derivatives segments," BSE and NSE said in separate circulars.
Sensex rises nearly 450 points amid metal shares buying and positive global trends, with Tata Steel and Maruti among top gainers.
India and New Zealand are working to expedite Free Trade Agreement negotiations to enhance trade and investment benefits.
The rupee falls 9 paise to a record low of 90.41 against the dollar amid trade deal uncertainties and foreign fund outflows.
Mercedes-Benz India will increase vehicle prices by up to 2% in January to counter rising costs and currency pressures.
CCI is investigating if IndiGo violated competition norms amid significant flight disruptions and concerns over its dominant market position.
The Coal Controller Organisation is appointed to regulate and register proposed coal exchanges, enhancing market competition and oversight.
The rupee hits a record low amid U.S. trade stalemate and portfolio outflows, prompting potential RBI intervention.
November 2025 sees robust growth in India's auto industry, with record sales in passenger vehicles, two-wheelers, and three-wheelers.
Stock markets soar as Sensex and Nifty extend gains in early trade, driven by positive global trends and U.S. rate cuts.
Petroleum and Natural Gas Rules 2025 amended to enhance business ease, extend lease durations, and strengthen domestic exploration infrastructure.
Tata Hitachi strengthens its focus on India's construction market amid global tariffs and rupee depreciation, leveraging local growth opportunities.
Domestic household savings replace foreign institutional money, giving Indian markets stability but raising concerns about unequal participation and limited returns for new retail investors. Access asymmetry and unequal outcomes emerge as key challenges, making investor protection, lower fees, passive investing, and stronger governance crucial.
The Ministry of Petroleum and Natural Gas (MoPNG) should work closely with the Ministry of External Affairs (MEA), and other concerned government agencies, to strengthen diplomatic engagement with oil-producing countries, secure favourable investment terms and address tax and regulatory hurdles faced by public-sector enterprises (PSEs) abroad, the parliamentary committee on public undertakings (2025-26) stated in their latest report tabled Wednesday.