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Tag: stock markets

Markets fall in early trade after four days of rally

Posted on March 5, 2024 By admin
Markets fall in early trade after four days of rally

File picture of the Bombay Stock Exchange building in Mumbai | Photo Credit: ANI Equity benchmark indices declined in early trade on Tuesday after rallying in the past four days amid weak trends from global markets and foreign fund outflows. After a record-breaking rally, the 30-share BSE Sensex declined 297.97 points to 73,574.32 due to…

Read More “Markets fall in early trade after four days of rally” »

Business

Stock markets rebound on gains in index heavyweights, firm global trends

Posted on February 27, 2024 By admin
Stock markets rebound on gains in index heavyweights, firm global trends

Image for representational purposes only. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty rebounded on February 27 following buying in index major Tata Consultancy Services, Tata Motors and Sun Pharma amid mostly firm global markets. The 30-share BSE Sensex climbed 305.09 points or 0.42% to settle at 73,095.22. The index was hit by…

Read More “Stock markets rebound on gains in index heavyweights, firm global trends” »

Business

Stock markets tumble 1% after RBI monetary policy decision; bank stocks drag

Posted on February 8, 2024 By admin
Stock markets tumble 1% after RBI monetary policy decision; bank stocks drag

Benchmark stock indices Sensex and Nifty tanked around 1% on Thursday dragged by selling in banking and auto shares due to increased uncertainty about the timing of interest rate cuts after the RBI’s monetary policy decision. Erasing all its early gains, the 30-share BSE Sensex fell by 723.57 points or 1% to settle at 71,428.43….

Read More “Stock markets tumble 1% after RBI monetary policy decision; bank stocks drag” »

Business

Sensex tumbles 900 points amid broad-based selloff; slips below 64,000

Posted on October 26, 2023 By admin
Sensex tumbles 900 points amid broad-based selloff; slips below 64,000

A share broker reacts as Sensex and Nifty prices plummet. File | Photo Credit: ANI Sliding for the sixth straight session, equity benchmark Sensex on Thursday plunged about 900 points to crash below the 64,000 level due to an across-the-board selloff amid heightened tension in the Middle East. Besides sluggish trends in global markets, deep…

Read More “Sensex tumbles 900 points amid broad-based selloff; slips below 64,000” »

Business

Sensex slides 341 points in early trade amid negative global cues

Posted on October 13, 2023 By admin
Sensex slides 341 points in early trade amid negative global cues

Image used for representative purpose only. | Photo Credit: REUTERS Domestic equities started on a negative note on Friday, with benchmark Sensex tumbling 341 points as negative global cues and concerns over the quarterly financial performance of IT companies hit investor sentiments. The broader Nifty too declined in early trade while Asian markets fell amid…

Read More “Sensex slides 341 points in early trade amid negative global cues” »

Business

Sensex snaps two-day rally – The Hindu

Posted on October 12, 2023 By admin
Sensex snaps two-day rally – The Hindu

The Bombay Stock Exchange. | Photo Credit: NIHARIKA KULKARNI Benchmark BSE Sensex declined in a volatile trade on Thursday, reversing the two-day rally, largely due to selling in IT stocks. The 30-share BSE Sensex declined 64.66 points or 0.10 per cent to close at 66,408.39 points, with 14 of its constituents settling lower and 16…

Read More “Sensex snaps two-day rally – The Hindu” »

Business

Stock markets rally after RBI keeps repo rate unchanged

Posted on October 6, 2023 By admin
Stock markets rally after RBI keeps repo rate unchanged

Benchmark equity indices Sensex and Nifty rallied for a second straight session on Friday after the Reserve Bank maintained the status quo on policy rates, resulting in gains for rate-sensitive sectors like financial, realty and auto. A firm trend in Asian and European markets also bolstered the investors’ sentiment, traders said. The 30-share BSE Sensex…

Read More “Stock markets rally after RBI keeps repo rate unchanged” »

Business

Stock markets extend gains for fifth day; Sensex revisits 66,000 mark

Posted on September 7, 2023 By admin
Stock markets extend gains for fifth day; Sensex revisits 66,000 mark

Stock brokers watch the markets, at a brokerage in Kolkata. Representational image. | Photo Credit: ANI Equity benchmark Sensex climbed over 385 points to reclaim the 66,000 mark on Thursday (September 7), propelled by robust buying in index majors HDFC Bank, L&T and SBI amid a weak trend in global equities. A decline in crude…

Read More “Stock markets extend gains for fifth day; Sensex revisits 66,000 mark” »

Business

Markets climb in early trade on firm global trends, encouraging domestic macroeconomic data

Posted on September 4, 2023 By admin
Markets climb in early trade on firm global trends, encouraging domestic macroeconomic data

Representational image | Photo Credit: PTI Equity benchmark indices climbed in early trade on Monday in line with firm trend in global markets and encouraging domestic macroeconomic data. Fresh foreign fund inflows also added to the optimistic trend in the domestic equity market. Extending its previous day’s rally, the BSE benchmark Sensex climbed 243.69 points…

Read More “Markets climb in early trade on firm global trends, encouraging domestic macroeconomic data” »

Business

Sensex, Nifty rally around 1% on strong macro data, global cues; metal, power shares lead gains

Posted on September 1, 2023 By admin
Sensex, Nifty rally around 1% on strong macro data, global cues; metal, power shares lead gains

Representational image | Photo Credit: PTI Equity benchmark Sensex on Friday rallied around 556 points, logging its best single day in two months, while Nifty closed above the 19,400 level on value-buying in power, metal and oil stocks following strong domestic macro data and global cues. The BSE barometer closed higher by 555.75 points or…

Read More “Sensex, Nifty rally around 1% on strong macro data, global cues; metal, power shares lead gains” »

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