Tag: indian stock market

Stock markets fall for 5th day; Sensex plunges 617 points on profit booking

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Stock markets fall for 5th day; Sensex plunges 617 points on profit booking

The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai. File | Photo Credit: REUTERS Benchmark equity indices Sensex and Nifty declined nearly 1% on Thursday, continuing their falling streak for the fifth day running due to profit booking amid monthly expiry in the derivatives segment. The 30-share BSE Sensex plunged…

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Sensex closes down nearly 53 points in volatile trade amid weak global trends

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Sensex closes down nearly 53 points in volatile trade amid weak global trends

Benchmark BSE Sensex declined by nearly 53 points in a volatile trade on May 21 amid weak trends from Asian and European markets and fresh foreign fund outflows. The 30-share Sensex declined 52.63 points or 0.07% to settle at 73,953.31. During the day, it hit a high of 74,189.19 and a low of 73,762.37. The…

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Stock Market Today: Markets log gains for 2nd day on buying in Reliance, M&M

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Stock Market Today: Markets log gains for 2nd day on buying in Reliance, M&M

Equity benchmarks Sensex and Nifty closed higher for a second straight day on Friday as buying in index majors M&M, Reliance Industries, and ITC helped the indices rebound from early lows. However, relentless foreign fund outflows capped the sharp gains in domestic equities, traders said. In a largely range-bound trade, the 30-share BSE Sensex climbed…

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Sensex, Nifty rebound as Reliance, ITC gain

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Sensex, Nifty rebound as Reliance, ITC gain

Equity benchmark indices Sensex and Nifty found firmer ground on Friday, propelled by a rally in market heavyweights Reliance Industries, ITC and Bharti Airtel amid a supportive trend overseas. Recovering from the sharp decline in the previous trade, the 30-share BSE Sensex climbed 260.30 points or 0.36% to settle at 72,664.47. During the day, it…

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Sensex tumbles 700 points amid broad-based selloff; Nifty slips from record

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Sensex tumbles 700 points amid broad-based selloff; Nifty slips from record

An employee of a stock trading firm looking at share prices. File | Photo Credit: Vivek Bendre Equity benchmark Sensex plummeted over 700 points to sink below the 74,000 level and Nifty retreated from a record high on Friday as investors pared exposure to telecom, capital goods and tech stocks. Heavy selling pressure in Reliance…

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Markets extend gains for 5th session; Sensex revisits 74k

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Markets extend gains for 5th session; Sensex revisits 74k

A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: REUTERS Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim the 74,000 mark while the Nifty closed above the 22,550 level on April…

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Markets tank in early trade as Middle East tensions flare-up

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Markets tank in early trade as Middle East tensions flare-up

Equity benchmark indices tanked in early trade on April 19, taking their losing streak to the fifth day running, as escalating tensions in the Middle East weighed heavily on investors’ sentiment. Fresh foreign fund outflows, uptick in Brent crude oil prices and decline in IT stocks also added to the overall weak sentiment in equities….

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Markets face heavy fluctuations; settle lower taking downtrend to 4th day

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Markets face heavy fluctuations; settle lower taking downtrend to 4th day

Equity benchmark indices Sensex and Nifty faced heavy volatility on April 18 and ended lower, taking their losing streak to the fourth straight session, dragged by bank stocks and foreign fund outflows. Concerns over fading rate cut hopes and persisting FII fund exodus from domestic equities also dampened investors’ sentiment. The 30-share BSE Sensex declined…

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