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Stock market slides in early trade; Sensex slumps more than 675 points

Posted on February 14, 2024 By admin
Stock market slides in early trade; Sensex slumps more than 675 points

As many as 27 scrips in the Sensex index declined. Infosys, Tech Mahindra, Wipro, HDFC Bank and TCS were among the major losers in the early trade.  | Photo Credit: Reuters Equity benchmark indices plummeted in early trade on February 14 and Sensex slumped more than 675 points tracking negative cues in the global market…

Read More “Stock market slides in early trade; Sensex slumps more than 675 points” »

Business

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…

Read More “Market benchmarks tumble on profit booking” »

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…

Read More “Stock market sees volatile trading in morning session” »

Business

Rupee falls 5 paise against US dollar in early trade

Posted on February 9, 2024 By admin
Rupee falls 5 paise against US dollar in early trade

The rupee depreciated 5 paise to 83.01 against the US dollar in early trade on Friday, February 9, 2024, tracking a strong American currency and elevated crude oil prices in the international market. Forex traders said a negative trend in domestic equities and foreign fund inflows weighed on investor sentiments. At the interbank foreign exchange,…

Read More “Rupee falls 5 paise against US dollar in early trade” »

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…

Read More “Markets jump in early trade after two days of fall” »

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…

Read More “Markets drop in early trade on foreign capital outflows” »

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

Rupee trades in narrow range against U.S. dollar in early trade

Posted on October 19, 2023 By admin
Rupee trades in narrow range against U.S. dollar in early trade

Representational image only. | Photo Credit: The Hindu The Rupee was trading in a narrow range and appreciated three paise to 83.25 against the U.S. dollar in early trade on October 19, amid a negative trend in domestic equities. Forex traders said the Rupee is trading in a narrow range as sustained foreign fund outflows…

Read More “Rupee trades in narrow range against U.S. dollar in early trade” »

Business

Rupee rises 2 paise to 83.23 against U.S. dollar on FII inflows

Posted on October 18, 2023 By admin
Rupee rises 2 paise to 83.23 against U.S. dollar on FII inflows

The rupee appreciated by 2 paise to 83.23 against the U.S. dollar in early trade on October 18 on the back of a weaker American currency and an inflow of foreign funds in the domestic equity markets. | Photo Credit: Reuters The rupee appreciated by 2 paise to 83.23 against the U.S. dollar in early…

Read More “Rupee rises 2 paise to 83.23 against U.S. dollar on FII inflows” »

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