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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….
Read More “Markets tank in early trade as Middle East tensions flare-up” »
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…
Read More “Markets face heavy fluctuations; settle lower taking downtrend to 4th day” »
The Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: REUTERS Equity benchmark index Sensex registered marginal gains to hit fresh lifetime high on April 05 after the Reserve Bank maintained the status quo on key interest rates amid a negative trend in global markets. The six-member rate-setting panel of the Reserve Bank…
Read More “Sensex gains marginally to scale new peak after RBI policy decision” »
Equity benchmark indices Sensex and Nifty rebounded sharply to hit record fresh highs on April 04, propped up by buying in IT, consumer durables and financial stocks amid expectations of a robust corporate performance. Besides, investors lapped up select banking stocks expecting a status quo in the interest rate decision of the RBI’s monetary policy…
Read More “Sensex, Nifty hit record highs as HDFC, TCS rise” »
A pedestrian walks past the Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Benchmark Sensex rebounded 335 points while Nifty closed above the 22,100 level on Thursday as buying in IT and capital goods shares helped broader markets recover from the previous day’s sharp losses. The 30-share BSE Sensex climbed 335.39…
Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Equity benchmark indices climbed in early trade on Thursday ahead of the Reserve Bank of India’s interest rate decision, amid a rally in global markets. The 30-share BSE Sensex jumped 321.42 points to 72,473.42 in early trade. The Nifty climbed 80.55 points to…
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Bombay Stock Exchange on Dalal Street. File | Photo Credit: Vivek Bendre Benchmark equity indices Sensex and Nifty rebounded nearly 1% on Thursday after a two-day decline, following a rally in global markets amid the U.S. Federal Reserve keeping rates unchanged. The 30-share BSE Sensex jumped 489.57 points or 0.77% to settle at 64,080.90. During…
Read More “Stock markets rebound after two days of fall amid global rally” »
Equity benchmark index Sensex tumbled 551 points to close below the 66,000 level on Wednesday due to profit-taking in banking, financial and energy stocks amid a sharp jump in global crude oil prices. A sluggish trend in global equity markets following lingering geopolitical worries also sapped the risk appetite of investors, traders said. After a…
Bombay Stock Exchange (BSE) in Mumbai. File | Photo Credit: REUTERS Equity benchmark indices Sensex and Nifty rebounded sharply on Thursday after sliding for the past two sessions, propelled by bargain hunting in capital goods, banking, and IT stocks amid a sharp correction in global crude prices. The 30-share BSE Sensex climbed 405.53 points or…
Read More “Markets rebound after 2-day slump; L&T top boost” »
The Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: REUTERS Equity benchmark indices ended lower on Wednesday, extending their previous day’s fall, due to unabated foreign fund outflows and weak trends in the U.S. and Asian markets. The 30-share BSE Sensex went lower by 286.06 points, or 0.44%, to settle at 65,226.04….
Read More “Markets fall for 2nd day on unabated foreign fund outflows” »