Tag: markets opening

Markets decline in early trade weak global trends, unabated foreign fund outflows

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Image used for represnetative purpose only | Photo Credit: The Hindu Equity benchmark indices declined in early trade on May 17 amid weak global trends and unabated foreign fund outflows. The 30-share BSE Sensex declined 185.42 points to 73,478.30. The NSE Nifty dipped 50.35 points to 22,353.50. Among the Sensex components, Axis Bank, IndusInd Bank,…

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Rupee opens on flat note against U.S. dollar in early trade

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Image used for represnetative purpose only | Photo Credit: MUSTAFAH KK The rupee opened on a flat note against the U.S. dollar in early trade on May 17, weighed down by a negative trend in domestic equities and the strength of the American currency in the overseas markets. Forex traders said the Indian rupee underperformed…

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Markets bounce back in early trade on firm global trends; buying in ITC, Reliance

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Image used for representative purpose only. File. | Photo Credit: Reuters Benchmark equity indices bounced back in early trade on May 10 amid firm global market trends and buying in ITC and Reliance Industries. Recovering from the sharp decline in the previous trade, the 30-share BSE Sensex climbed 203.52 points to 72,607.69 in early deals….

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Markets decline in early trade; Kotak Mahindra Bank tanks over 12%

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Image used for representative purpose only | Photo Credit: Reuters Equity benchmark indices declined in early trade on April 25, giving up their gains of last four days, amid heavy selling in Kotak Mahindra Bank and foreign fund outflows. The 30-share BSE Sensex declined 296.79 points to 73,556.15. The NSE Nifty dipped 97.15 points to…

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

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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….

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