Tag: indian markets

What is contributing to the downturn in Indian markets? | Explained

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What is contributing to the downturn in Indian markets? | Explained

For representative purposes. | Photo Credit: iStockphoto The story so far: For the sixth consecutive day, BSE Sensex closed lower on Wednesday reflective of a major sell-off among foreign institutional investors and portfolio investors (FIIs/FPIs), mixed earnings and apprehensions about the tightening of the (imports’) tariff regime in the U.S. The thirty-share BSE shed 122.52…

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Business

Markets fall in early trade, dragged down by Telecom stocks, weak global cues

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Markets fall in early trade, dragged down by Telecom stocks, weak global cues

According to exchange data, FIIs offloaded equities worth ₹2,758.49 crore on Friday (January 24, 2025). File photo | Photo Credit: PTI Equity benchmark indices, Sensex and Nifty, declined in early trade on Monday (January 27, 2025), dragged down by losses in Telecom and Industrials stocks amid muted global market trends. Also, the continuous foreign…

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Business

Sensex Slides Over 1,100 Points, Nifty Loses 1.5 %

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Sensex Slides Over 1,100 Points, Nifty Loses 1.5 %

Mumbai: Benchmark equity indices Sensex and Nifty began the trade on an optimistic note on Monday but soon turned negative. The 30-share BSE benchmark Sensex climbed 296.94 points to 79,520.05 in early trade, while the NSE Nifty went up by 85.2 points to 24,089.95. However, both the benchmark indices turned negative later and were trading…

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Nation

Markets turn volatile amid unabated foreign fund outflows, mixed trends from Asian peers

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Markets turn volatile amid unabated foreign fund outflows, mixed trends from Asian peers

From the 30 blue-chip stocks, Tata Consultancy Services, Tata Motors, Infosys, Nestle and HCL Tech were among the gainers. Representational image | Photo Credit: Reuters Equity benchmark indices began the day on an optimistic note on Tuesday but soon turned volatile amid unabated foreign fund outflows and mixed trends from Asian markets. The 30-share BSE…

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Business

Sensex Opens At Record High Of 82,637, Nifty Reaches All-Time High Of 25,257

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Sensex Opens At Record High Of 82,637, Nifty Reaches All-Time High Of 25,257

Representational Image New Delhi: Indian shares hit record highs just after the open on Friday, tracking gains in regional peers after U.S. economic data eased growth concerns, while investors await domestic quarterly growth data. The NSE Nifty 50 index rose to 25,257 in early trade, while the S&P BSE Sensex climbed to 82,637, with both…

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Nation

Markets rebound in early trade after five days of slump

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Markets rebound in early trade after five days of slump

People walk past the Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: Reuters Equity market benchmark indices Sensex and Nifty rebounded in early trade on July 26 after staying on the back foot for the past five straight sessions, helped by value buying at lower levels and rally in blue-chips Infosys, Tata…

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Business

Rupee falls 5 paise to 83.18 against US dollar in early trade

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Rupee falls 5 paise to 83.18 against US dollar in early trade

At the interbank foreign exchange, the domestic unit opened weak at 83.17 against the dollar and then touched the lowest level of 83.20 against the greenback. File The rupee depreciated by 5 paise to 83.18 against the US dollar in early trade on Friday due to unabated foreign fund outflow amid rising crude oil prices….

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Business

Rupee snaps 4-day losing streak, gains 21 paise against U.S. Dollar

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Rupee snaps 4-day losing streak, gains 21 paise against U.S. Dollar

The rupee snapped a four-day losing streak to close 21 paise higher at 83.02 against the U.S. Dollar on Friday, aided by the currency’s flow into domestic equities and likely supported by intervention from the Reserve Bank of India (RBI) The Indian currency had hit its lifetime low of 83.23 against the U.S. Dollar on…

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Business

Rupee rises 2 paise to 82.61 against US dollar

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Rupee rises 2 paise to 82.61 against US dollar

At the interbank foreign exchange, the domestic unit opened at 82.58, then touched the lowest level of 82.62. File | Photo Credit: Special Arrangement The rupee appreciated by 2 paise to 82.61 against the US dollar in early trade on Tuesday amid a weak American currency against major rivals overseas and positive domestic equity markets. Retreating…

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Business