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Tag: Benchmark equity index

Market benchmarks tumble on profit booking

Posted on February 12, 2024 By admin
Market benchmarks tumble on profit booking

In the Sensex pack, NTPC, Tata Steel, SBI and IndusInd Bank were among the major laggards. | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty closed sharply lower on February 12 amid a rush for profit taking and mixed trends in global markets. The 30-share BSE Sensex settled 523 points or 0.73% lower at…

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Business

Stock market sees volatile trading in morning session

Posted on February 12, 2024 By admin
Stock market sees volatile trading in morning session

In the Sensex pack, Wipro, HCL, Tech Mahindra and Infosys were the major gainers while PowerGrid, Hindustan Unilever, Reliance, Bharti Airtel and ICICI Bank were among the laggards. | Photo Credit: Reuters Equity benchmark indices witnessed see-saw movements in early trade on February 12, mainly tracking mixed trends in global markets. Opening on a positive…

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Business

Stock markets settle flat in volatile trade ahead of RBI’s interest rate decision

Posted on February 7, 2024 By admin
Stock markets settle flat in volatile trade ahead of RBI’s interest rate decision

The 30-share BSE Sensex declined 34.09 points or 0.05% to settle at 72,152. During the day, it hit a high of 72,559.21 and a low of 71,938.22.  | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty closed flat in a volatile trade on February 7 ahead of Reserve Bank of India’s (RBI) interest rate…

Read More “Stock markets settle flat in volatile trade ahead of RBI’s interest rate decision” »

Business

Markets jump in early trade after two days of fall

Posted on November 2, 2023 By admin
Markets jump in early trade after two days of fall

A file photo used for representational purpose only. | Photo Credit: Reuters Equity benchmark indices rebounded nearly 1% in early trade on November 2 after a two-day decline, following a rally in global markets amid the U.S. Fed keeping rates unchanged. The 30-share BSE Sensex jumped 593.8 points to 64,185.13 in early trade. The Nifty…

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Business

Markets fall for 2nd day on foreign fund outflows

Posted on November 1, 2023 By admin
Markets fall for 2nd day on foreign fund outflows

Image used for representative purpose only. | Photo Credit: REUTERS Equity benchmark indices Sensex and Nifty declined for the second day in a row on Wednesday amid unabated foreign fund outflows. Investors preferred to remain on the sidelines ahead of the U.S. Federal Reserve’s interest rate decision, traders said. The 30-share BSE Sensex declined 283.60…

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Business

Markets drop in early trade on foreign capital outflows

Posted on November 1, 2023 By admin
Markets drop in early trade on foreign capital outflows

Representational image only. | Photo Credit: Reuters Equity benchmark indices declined in early trade on November 1 due to weakness in banking, financial, and metal stocks amid unabated foreign fund outflows. “Investors preferred to remain on the sidelines ahead of the U.S. Federal Reserve’s interest rate decision,” traders said. The 30-share BSE Sensex declined 193.99…

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Business

Markets continue to fall for sixth day running on weak global trends, foreign fund outflows

Posted on October 26, 2023 By admin
Markets continue to fall for sixth day running on weak global trends, foreign fund outflows

Equity benchmark indices declined in early trade on October 26. Mahindra & Mahindra, Bajaj Finserv, Bajaj Finance, JSW Steel, Tata Motors, Nestle and Titan were the other major laggards. | Photo Credit: Reuters Equity benchmark indices declined in early trade on October 26, continuing their weak momentum, amid negative trend in global markets and fresh foreign…

Read More “Markets continue to fall for sixth day running on weak global trends, foreign fund outflows” »

Business

Sensex, Nifty surrender early gains as IT shares fall on TCS commentary

Posted on October 12, 2023 By admin
Sensex, Nifty surrender early gains as IT shares fall on TCS commentary

Representational image only. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty erased early gains to trade lower on October 12 as IT shares declined after TCS stated that headwinds continue for the sector amid a sluggish economic climate. The 30-share Sensex opened higher and rose further by 104 points to hit a high…

Read More “Sensex, Nifty surrender early gains as IT shares fall on TCS commentary” »

Business

Markets tumble in early trade amid tensions in Middle East

Posted on October 9, 2023 By admin
Markets tumble in early trade amid tensions in Middle East

Representational image only. | Photo Credit: Reuters Benchmark equity indices tumbled in early trade on October 9 as escalating tensions in Middle East triggered a risk-off in the market. Market analysts said investors preferred to remain on the sidelines and refrained from taking big risks as the Israel-Hamas conflict has introduced a huge uncertainty for…

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Business

Markets trade lower in early trade on August 8

Posted on August 8, 2023 By admin
Markets trade lower in early trade on August 8

Representational image only. | Photo Credit: Reuters Benchmark equity indices fell in early trade on August 8 despite a firm beginning as investors preferred to remain on the sidelines ahead of the key events — Reserve Bank of India (RBI’s) monetary policy and the U.S. inflation data — due later this week. Continuous foreign fund…

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