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Stock markets crashed nearly 3% on August 5 due to across-the-board selling in banking, IT, metal and oil & gas shares following a global equity rout, wiping out more than ₹15 lakh crore of investor money in a single day. The 30-share BSE Sensex plummeted 2,222.55 points or 2.74% to settle at over a month’s…
A screen displays stock numbers outside the Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: PTI Equity market benchmark indices Sensex and Nifty tumbled in early trade on August 5 in line with extremely weak trends in global markets amid fears of a slowdown in the U.S .economy and foreign fund outflows. The…
Image used for representational purpose only. | Photo Credit: PTI Benchmark BSE Sensex jumped 388 points to breach the 82,000-level for the first time while broader Nifty spurted 108 points to hit the record 25,000-mark in early trade on August 1 after the U.S. Federal Reserve indicated a rate cut by September. The 30-share BSE…
Read More “Sensex rises 388 points, Nifty breaches record 25,000-mark” »
Benchmark BSE Sensex rose by nearly 286 points to close at a record high while Nifty settled above 24,950 level on Wednesday, extending their winning run to the fourth day on gains in metal, power and select auto shares. The 30-share BSE Sensex settled higher by 285.94 points or 0.35% at 81,741.34, its all-time closing…
The announcement of a hike in securities transaction tax and short term capital gains tax in the Budget for 2024-25, impacted markets’ sentiment negatively during the initial trade on July 25, 2024. Equity market benchmark indices Sensex and Nifty tumbled in early trade on July 25, continuing to decline for the fifth day running, dragged…
Read More “Sensex, Nifty tumble in early trade on weak global cues” »
Image for representational purposes only. | Photo Credit: PTI Benchmark BSE Sensex declined for the fourth day in a row on July 24 due to selling in financial and banking shares and the government’s move to hike securities transaction tax and short term capital gains tax. The 30-share BSE Sensex declined 280.16 points or 0.35%…
Read More “Stock markets fall for 4th day on selling in banking shares, STT hike” »
People walk past the Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: REUTERS Benchmark Sensex and Nifty settled marginally lower in volatile trade on Tuesday as the government proposed to hike securities transaction tax on futures & options in the budget for 2024-25. Recovering most of its intra-day losses of over 1,200 points,…
Read More “Sensex, Nifty settle marginally down in volatile trade on eventful Budget day” »
Image for representational purposes only. | Photo Credit: PTI Equity benchmark indices Sensex and Nifty ended lower on July 22, dragged down by heavy selling pressure in Reliance Industries and Kotak Mahindra Bank ahead of the Budget. Besides, a weak trend in global equity markets also hit investors sentiment, traders said. Falling for the second…
Stock prices are displayed on a digital screen at the facade of the Bombay Stock Exchange building, in Mumbai. | Photo Credit: PTI Equity benchmark indices rebounded in early trade on July 11 amid a rally in global markets and continuous foreign fund inflows. Buying in IT stocks also added to the positive trend in…
Investors’ wealth went up ₹1.56 lakh crore on July 8. File | Photo Credit: Reuters The market capitalisation of BSE-listed firms on Kuly 8 hit a fresh lifetime high of ₹451.27 lakh crore on a day when the BSE Sensex reached a record closing level. The 30-share BSE benchmark climbed 391.26 points or 0.49% to…
Read More “Mcap of BSE-listed firms at record high of ₹451.27 lakh cr” »