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Bombay Stock Exchange, Mumbai. File | Photo Credit: Arunangsu Roy Chowdhury Benchmark Sensex closed lower by around 256 points in a volatile trade on Thursday, snapping its three-day gaining streak due to selling in banking, FMCG and oil and gas shares amid weak Asian cues. The BSE barometer fell by 255.84 points or 0.39% to…
Read More “Sensex falls 256 points due to selling in banking, FMCG shares on F&O expiry” »
Bombay Stock Exchange in Mumbai. File | Photo Credit: Vivek Bendre Benchmark Sensex declined by 365 points and Nifty settled below the 19,300 level in a volatile trade on Friday as financials, IT and oil shares took a hit amid concerns over potential rate hikes and weak trend in global markets. Falling for a second…
Representational image only. | Photo Credit: Reuters Equity benchmark indices began the trade on an optimistic note on August 22, extending their previous day’s rally amid a firm trend in global markets. The 30-share BSE Sensex climbed 92.83 points to 65,308.92 in early trade. The NSE Nifty gained 35.5 points to 19,429.10. From the Sensex…
Read More “Markets climb in early trade on firm global trends” »
The bull statue at Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Snapping their two-day winning run, equity benchmarks Sensex and Nifty closed in the negative territory on Thursday, tracking losses in index majors Reliance Industries, ITC, and HDFC bank amid a weak trend in global markets. The 30-share BSE Sensex…
Read More “Markets snap 2-day winning run; Sensex slumps nearly 390 points on weak global cues” »
Benchmark equity indices began the trade on a muted note on August 17 and fell further in line with weak trend in global markets. | Photo Credit: PTI Benchmark equity indices began the trade on a muted note on August 17 and fell further in line with weak trend in global markets. The 30-share BSE…
Benchmark equity indices Sensex and Nifty declined for a second straight day on Friday due to losses in HDFC Bank and ICICI Bank and a negative trend in Asian and European markets. The trend in the domestic market remained weak post the RBI monetary policy and the unexpected announcement of reducing cash in the banking…
Read More “Stock markets decline for second day on losses in private banks, weak global trends” »
Benchmark equity indices declined on Thursday post the RBI monetary policy, dragged down by banking counters, after the unexpected announcement of reducing cash in the financial system. Investors also remained on the sidelines ahead of the U.S. inflation data announcement. The Reserve Bank of India (RBI) on Thursday left its key interest rates unchanged for…
Read More “Markets fall post RBI monetary policy decision” »
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…
Read More “Markets trade lower in early trade on August 8” »
Representational image only. | Photo Credit: Reuters Equity benchmark indices rebounded in early trade on August 4 after three days of fall amid buying in IT counters and mixed global market trends. Bouncing back from a three-day decline, the 30-share BSE Sensex climbed 300.1 points to 65,540.78 in early trade. The NSE Nifty advanced 105.9…
Read More “Markets bounce back in early trade after three days of fall” »
Equity benchmarks Sensex and Nifty ended on a mixed note on Wednesday as the euphoria about the Union Budget fizzled out, with investors going for profit-taking ahead of the Fed interest rate decision. The 30-share BSE benchmark Sensex climbed 158.18 points or 0.27% to settle at 59,708.08 after it trimmed most of the intra-day gains….
