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Tag: Nifty

Stock markets crash nearly 3% amid global equity rout, investors lose ₹15 lakh crore in single day

Posted on August 5, 2024 By admin
Stock markets crash nearly 3% amid global equity rout, investors lose ₹15 lakh crore in single day

Stock markets crashed nearly 3% on August 5 due to across-the-board selling in banking, IT, metal and oil & gas shares following a global equity rout, wiping out more than ₹15 lakh crore of investor money in a single day. The 30-share BSE Sensex plummeted 2,222.55 points or 2.74% to settle at over a month’s…

Read More “Stock markets crash nearly 3% amid global equity rout, investors lose ₹15 lakh crore in single day” »

Business

Stock Market Crash Today: Sensex, Nifty crash in-line with selling pressure in global markets on U.S. growth fears

Posted on August 5, 2024 By admin
Stock Market Crash Today: Sensex, Nifty crash in-line with selling pressure in global markets on U.S. growth fears

A screen displays stock numbers outside the Bombay Stock Exchange (BSE) building in Mumbai. | Photo Credit: PTI Equity market benchmark indices Sensex and Nifty tumbled in early trade on August 5 in line with extremely weak trends in global markets amid fears of a slowdown in the U.S .economy and foreign fund outflows. The…

Read More “Stock Market Crash Today: Sensex, Nifty crash in-line with selling pressure in global markets on U.S. growth fears” »

Business

Sensex plunges 640 points in early trade on weak global cues

Posted on August 2, 2024 By admin
Sensex plunges 640 points in early trade on weak global cues

A vendor walks past by a poster of bear and bull in south Mumbai, reflecting the mood of the stock markets, as the BSE sensex went down by 640 points in early trader on August 2, 2024. File photo | Photo Credit: The Hindu Benchmark equity indices Sensex and Nifty tumbled in early trade on…

Read More “Sensex plunges 640 points in early trade on weak global cues” »

Business

Stock markets rise for 4th day; metal, power shares gain ahead of key Fed policy decision

Posted on July 31, 2024 By admin
Stock markets rise for 4th day; metal, power shares gain ahead of key Fed policy decision

Benchmark BSE Sensex rose by nearly 286 points to close at a record high while Nifty settled above 24,950 level on Wednesday, extending their winning run to the fourth day on gains in metal, power and select auto shares. The 30-share BSE Sensex settled higher by 285.94 points or 0.35% at 81,741.34, its all-time closing…

Read More “Stock markets rise for 4th day; metal, power shares gain ahead of key Fed policy decision” »

Business

Rupee rises 2 paise to 83.71 against U.S. dollar in early trade

Posted on July 31, 2024 By admin
Rupee rises 2 paise to 83.71 against U.S. dollar in early trade

At the interbank currency exchange, the domestic currency opened at 83.72, 1 paisa higher than the previous day’s close. | Photo Credit: Reuters The rupee rose 2 paise to 83.71 against the U.S. currency in early trade on July 31 following a marginal dip in the dollar in overseas markets. At the interbank currency exchange,…

Read More “Rupee rises 2 paise to 83.71 against U.S. dollar in early trade” »

Business

Sensex rallies 117 points in early trade

Posted on July 31, 2024 By admin
Sensex rallies 117 points in early trade

The bull statue at the Bombay Stock Exchange building, in Mumbai. | Photo Credit: PTI Equity benchmark indices climbed on Wednesday, July 31, 2024, as the markets saw volatile trading amid buying in bank stocks in tandem with mixed global trends. Rallying for the fourth day running, the 30-share BSE Sensex climbed 116.94 points to…

Read More “Sensex rallies 117 points in early trade” »

Business

Sensex, Nifty retreat from record highs to close flat ahead of key US Fed rate decision

Posted on July 29, 2024 By admin
Sensex, Nifty retreat from record highs to close flat ahead of key US Fed rate decision

Brokers react as Sensex ends above 79k, Nifty 50 surpasses 24,000 for the first time, in Kolkata on Thursday. (ANI Photo) | Photo Credit: ANI Benchmark indices Sensex and Nifty hit intra-day record high levels before closing almost flat on July 29 due to profit-taking in FMCG and IT shares by cautious investors ahead of…

Read More “Sensex, Nifty retreat from record highs to close flat ahead of key US Fed rate decision” »

Business

Sensex jumps 416 points to hit new record peak in early trade

Posted on July 29, 2024 By admin
Sensex jumps 416 points to hit new record peak in early trade

The logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai. File photo | Photo Credit: REUTERS Equity market benchmark indices Sensex and Nifty hit their new all-time high levels in early trade on Monday, July 29, 2024, in-tandem with a rally in global peers and fresh foreign fund inflows. The 30-share BSE…

Read More “Sensex jumps 416 points to hit new record peak in early trade” »

Business

Tech Mahindra shares tank nearly 6% after announcement of earnings

Posted on July 26, 2024 By admin
Tech Mahindra shares tank nearly 6% after announcement of earnings

Tech Mahindra saw its revenues decline by 1.2% to ₹13,005 crore during the reporting quarter. | Photo Credit: Reuters Shares of IT services firm Tech Mahindra slumped nearly 6% on July 26 after the company’s revenues declined by 1.2% during the June quarter. The stock tanked 5.52% to ₹1,445.50 on the Bombay Stock Exchange (BSE)….

Read More “Tech Mahindra shares tank nearly 6% after announcement of earnings” »

Business

Markets rebound in early trade after five days of slump

Posted on July 26, 2024 By admin
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…

Read More “Markets rebound in early trade after five days of slump” »

Business

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