Sensex, Nifty close flat; IT leads way, rupee hits record low
1 week, 6 days ago

Sensex, Nifty close flat; IT leads way, rupee hits record low

India Today  

Benchmark stock market indices closed flat on Tuesday, despite gains in IT and FMCG sector stocks as investors remained cautious. On the downside, Bharti Airtel declined 1.40%, Dreddy decreased 1.33%, Adani Ports lost 1.17%, Adani Enterprises fell 1.14%, and HDFC Life dropped 1.09%. VLA Ambala Co-Founder of Stock Market Today said that Sensex and Nifty traded cautiously within a narrow range for most of Tuesday’s trading session ahead of the upcoming US and India CPI data. During the session, the Indian rupee fell to a new record low of INR 84.85 per USD, and the 10-year bond yield declined by 2 bps to 6.6954%," she added. The IT sector tends to benefit from dollar-denominated revenues, so further rupee depreciation and favourable global market conditions could boost bottom lines because of the potential profit margin.

Stock Market Nifty Sensex Record Low Close Flat Way Rupee  nifty  stock  market  way  rupee  range  leads  session  hits  stocks  wipro  sensex  sector  record  low  close  flat

History of this topic

Bears tighten grip on markets; Sensex tanks 1,176 points; Nifty falls below 23,500 level
3 days, 7 hours ago

Bears tighten grip on markets; Sensex tanks 1,176 points; Nifty falls below 23,500 level

The Hindu  

Equity benchmark indices Sensex and Nifty plunged about 1.5% on Friday, taking their downtrend to the fifth straight session, owing to risk aversion in the global markets after the hawkish stance of the U.S. Federal Reserve. From the 30 blue-chip Sensex pack, Tech Mahindra, IndusInd Bank, Axis Bank, Mahindra & Mahindra, Tata Motors, Larsen & Toubro, State Bank of India, …

Markets decline in early trade amid unabated foreign fund outflows
Trending News
3 days, 14 hours ago

Markets decline in early trade amid unabated foreign fund outflows

The Hindu  

Equity benchmark indices Sensex and Nifty declined in early trade on Friday amid unabated foreign fund outflows and concerns over the US Federal Reserve signalling fewer rate cuts next year. The 30-share BSE benchmark Sensex declined 214.08 points to 79,003.97 in early trade. “The FII buying witnessed in early December is getting reversed now with this week’s selling reaching ₹12,229 …

Sensex nosedives 1,100 points, Nifty falls below 23,600; IT stocks tumble
3 days, 18 hours ago

Sensex nosedives 1,100 points, Nifty falls below 23,600; IT stocks tumble

India Today  

Benchmark stock market indices fell sharply during Friday’s trading session, extending their weak run throughout the week. All broader market indices also fell as volatility spiked following the US Federal Reserve’s recent commentary on rate cuts. Other key sectoral indices like Nifty Bank and Nifty Financial Services also saw sharp losses. Broader weakness in Asian markets, triggered by the US …

Sensex tumbles 1,000 points. What's behind the bloodbath on Dalal Street?
3 days, 18 hours ago

Sensex tumbles 1,000 points. What's behind the bloodbath on Dalal Street?

India Today  

Benchmark indices extended losses on Friday, with the S&P BSE Sensex and NSE Nifty50 plunging over 1.3% each amid heightened market volatility. IT STOCKS UNDER PRESSURE The biggest drag on the market was a sharp decline in IT stocks following the US Federal Reserve’s downward revision of its 2025 interest rate cut forecast. This shift is pressuring large-cap stocks, especially …

Explained: Why Sensex fell 4,000 points in 5 trading sessions
3 days, 18 hours ago

Explained: Why Sensex fell 4,000 points in 5 trading sessions

India Today  

Indian equities extended their sharp decline this week, with the Sensex and Nifty witnessing their steepest weekly drop in two and a half years. The BSE Sensex plummeted over 4,000 points across five consecutive sessions, while the NSE Nifty50 fell approximately 1,200 points, representing a nearly 5% loss within the week. The ongoing selloff has been fuelled by several factors, …

Sensex, Nifty extend losses amid weak global cues
Top News
3 days, 18 hours ago

Sensex, Nifty extend losses amid weak global cues

India Today  

Benchmark indices on Dalal Street continued their losing streak on Friday, tracking declines in Asian markets after the US Federal Reserve projected fewer interest rate cuts next year. Meanwhile, the rupee hit a fresh record low of 85.10 against the US dollar, raising concerns about potential foreign institutional investor outflows. Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial …

Indian markets join global selloff as U.S. Fed indicates fewer rate cuts ahead; Sensex sinks below 80k
4 days, 6 hours ago

Indian markets join global selloff as U.S. Fed indicates fewer rate cuts ahead; Sensex sinks below 80k

The Hindu  

Equity benchmark Sensex on Thursday plunged about 965 points to crash below the 80,000 level due to heavy selling in global equities after the U.S. Federal Reserve signalled fewer rate cuts next year. Despite this, investor caution persisted amid ongoing FII selling, with a strategic shift towards defensive sectors like pharma as evidenced by their outperformance," Vinod Nair, Head of …

Stock Market Today: Sensex, Nifty slump in early trade as U.S. Fed indicates fewer rate cuts next year
4 days, 13 hours ago

Stock Market Today: Sensex, Nifty slump in early trade as U.S. Fed indicates fewer rate cuts next year

The Hindu  

Benchmark indices Sensex and Nifty slumped in early trade on Thursday following weak global market trends after the U.S. Federal Reserve indicated fewer rate cuts next year. This trigger was provided by the Fed guidance of fewer rate cuts in 2025, which went against market expectations. Even though the rate cut of 25 bps was in tune with the market’s …

Stock Market Today: Sensex Plummet Over 1,000 Points, Nifty Below 23,920
4 days, 14 hours ago

Stock Market Today: Sensex Plummet Over 1,000 Points, Nifty Below 23,920

ABP News  

Stock Market Today: Domestic benchmarks Nifty 50 and Sensex fell sharply on Thursday during the early trade. Domestic benchmark indices opened sharply lower on Thursday, reflecting negative global sentiment after the US Federal Reserve reduced the key lending rate by 25 basis points. Ahead of India's market opening, GIFT Nifty futures dropped by 300 points, signalling a volatile session and …

Sensex opens in red, tanks 1,162.12 points to 79,020.08 in early trade; Nifty tumbles
4 days, 18 hours ago

Sensex opens in red, tanks 1,162.12 points to 79,020.08 in early trade; Nifty tumbles

India TV News  

Sensex on Thursday tanked 1,162.12 points to 79,020.08 in early trade. Equity benchmark indices Sensex and Nifty stayed on the back foot for the fourth straight session on Thursday as investors offloaded utility, capital goods and metal stocks amid foreign fund outflows. Whereas, the National Stock Exchange index Nifty was seen trading at 23,918 in the early trade, down 1.16 …

Sensex ends nearly 1,000 points lower, Nifty below 24,000
4 days, 18 hours ago

Sensex ends nearly 1,000 points lower, Nifty below 24,000

India Today  

Benchmark stock market indices continued their poor run on Dalal Street, with the S&P BSE Sensex ending the session nearly 1,000 points lower and the NSE Nifty50 falling below 24,000. However, Nifty Pharma emerged as the session’s bright spot, gaining nearly 2% as investors sought refuge in defensive stocks amid the volatile market environment. Vinod Nair, Head of Research at …

Explained: Why Sensex fell over 1,000 points and will stock market bloodbath continue?
4 days, 18 hours ago

Explained: Why Sensex fell over 1,000 points and will stock market bloodbath continue?

India Today  

Benchmark stock market indices faced a sharp sell-off on Thursday, extending losses for the fourth straight session amid a global market rout triggered by concerns over slower US Federal Reserve rate cuts. The US Federal Reserve’s 25 basis point interest rate cut met market expectations but failed to comfort investors due to its cautious guidance. Swapnil Aggarwal, Director, VSRK Capital, …

Market falls sharply as Fed indicates low interest rate cut in 2025
4 days, 18 hours ago

Market falls sharply as Fed indicates low interest rate cut in 2025

New Indian Express  

MUMBAI: India’s equity market fell sharply on Thursday following a cautious Federal Reserve commentary and weak global cues. At Thursday’s close, the Sensex was down 964.15 points or 1.20% at 79,218.05 while Nifty fell 247.15 points or 1.02% to settle at 23,951.70. The selling intensified on Thursday after the US Federal Reserve gave a hawkish commentary on future rate cute. …

Sensex, Nifty extend losses into 3rd session on foreign fund outflows
5 days, 7 hours ago

Sensex, Nifty extend losses into 3rd session on foreign fund outflows

The Hindu  

Equity benchmark indices Sensex and Nifty stayed on the back foot for the third straight session on Wednesday as investors offloaded utility, capital goods and metal stocks amid foreign fund outflows. The 30-share BSE benchmark Sensex tumbled 502.25 points or 0.62% to settle at 80,182.20, taking its downtrend to the third day. Foreign Institutional Investors offloaded equities worth ₹6,409.86 crore …

Markets decline in early trade amid foreign fund outflows; all eyes on U.S. Fed interest rate decision
5 days, 13 hours ago

Markets decline in early trade amid foreign fund outflows; all eyes on U.S. Fed interest rate decision

The Hindu  

Benchmark indices Sensex and Nifty declined in initial trade on Wednesday amid foreign fund outflows and caution ahead of the U.S. Fed interest rate decision. The 30-share BSE benchmark Sensex went down by 149.31 points to 80,535.14 in early trade. Foreign Institutional Investors offloaded equities worth Rs 6,409.86 crore on Tuesday, according to exchange data. Falling for the second day …

Sensex, Nifty end lower as US trade and Fed jitters spook investors
Trending News
5 days, 18 hours ago

Sensex, Nifty end lower as US trade and Fed jitters spook investors

India Today  

Benchmark stock market indices closed lower on Wednesday dragged by a decline in heavyweight financials and banking stocks, extending their losses. "Additionally, market sentiment remained cautious ahead of the U.S. Federal Reserve's interest rate decision later in the day, with investors wary of a possible slowdown in rate cuts that could impact global liquidity. Sector-wise, financials, power, and auto stocks …

Sensex, Nifty open lower as cautious investors weigh global trends
Trending News
5 days, 18 hours ago

Sensex, Nifty open lower as cautious investors weigh global trends

India Today  

Benchmark stock market indices opened lower on Wednesday after having incurred heavy losses in the past two trading sessions as cautious sentiment prevailed among investors. Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said that the near-term market construct has turned weak with FIIs turning sellers on rallies. Yesterday’s massive FII sell figure of Rs 6410 crores in …

Markets under pressure ahead of the FOMC outcome, Sensex sheds 2,000 points in three sessions
5 days, 18 hours ago

Markets under pressure ahead of the FOMC outcome, Sensex sheds 2,000 points in three sessions

New Indian Express  

After recovering over the past three weeks following two months of selling, India’s equity market is once again under pressure as investors adopt a cautious stance ahead of the crucial Federal Open Market Committee meeting outcome on Wednesday night. In the past three sessions, the benchmarks - BSE Sensex and NSE Nifty – have shed about 2.3 per cent each …

Stock market crash: 3 reasons why Sensex, Nifty are under pressure today
5 days, 18 hours ago

Stock market crash: 3 reasons why Sensex, Nifty are under pressure today

India Today  

The Sensex and Nifty continued their downward slide for the third consecutive session on Wednesday, as global and domestic factors weighed heavily on investor sentiment. The benchmark indices fell ahead of the US Federal Reserve's policy announcement later today, with market participants closely watching for hints on future interest rate moves. KEY REASONS BEHIND THE FALL Global pressure ahead of …

Markets slump over 1% amid widespread selloff; Sensex sinks below 81k
6 days, 7 hours ago

Markets slump over 1% amid widespread selloff; Sensex sinks below 81k

The Hindu  

Equity benchmark indices Sensex and Nifty slumped over 1% on Tuesday, weighed down by an across-the-board selloff amid cautious investors’ approach ahead of the U.S. Fed interest rate decision. Falling for the second day in a row, the 30-share BSE benchmark Sensex tanked 1,064.12 points or 1.30% to settle at 80,684.45. Bharti Airtel, IndusInd Bank, JSW Steel, Tata Consultancy Services, …

Market today: Sensex, Nifty decline amid selling pressure from key stocks ahead of US rate cut
Top News
6 days, 11 hours ago

Market today: Sensex, Nifty decline amid selling pressure from key stocks ahead of US rate cut

Hindustan Times  

Indian stock markets opened lower on Tuesday, December 17, with the equity benchmark indices Bombay Stock Exchange Sensex and National Stock Exchange Nifty slipping, for which cautious investor sentiment was cited as the reason owing to the upcoming US Federal Reserve's interest rate decision. REUTERS/Shailesh Andrade/File Photo Selling in key stocks like Reliance Industries and HDFC Bank contributed to the …

Shares to buy: Riyank Arora of Mehta Equities suggests these four stocks to buy in short term
6 days, 12 hours ago

Shares to buy: Riyank Arora of Mehta Equities suggests these four stocks to buy in short term

Live Mint  

Stock market today: The domestic benchmark indices, Nifty 50 and Sensex, declined on Tuesday, primarily due to setbacks in the financial sector and Reliance Industries, as investors prepared for the Federal Reserve's monetary policy meeting that will provide insight into the central bank's future rate cut trajectory. Shares to buy for short term Riyank Arora recommends buying these four stocks …

Markets decline in early trade dragged by Reliance, HDFC Bank; caution ahead of US Fed rate decision
6 days, 13 hours ago

Markets decline in early trade dragged by Reliance, HDFC Bank; caution ahead of US Fed rate decision

Deccan Chronicle  

Mumbai: Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday amid cautious investors approach ahead of the US Fed interest rate decision and selling in blue-chip stocks like Reliance Industries and HDFC Bank. The 30-share BSE benchmark Sensex declined 350.98 points to 81,397.59 in early trade. From the 30-share blue-chip pack, Reliance Industries, Bharti Airtel, Nestle, Larsen …

Markets decline in early trade dragged by Reliance, HDFC Bank; caution ahead of U.S. Fed rate decision
6 days, 13 hours ago

Markets decline in early trade dragged by Reliance, HDFC Bank; caution ahead of U.S. Fed rate decision

The Hindu  

Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday amid cautious investors approach ahead of the U.S. Fed interest rate decision and selling in blue-chip stocks like Reliance Industries and HDFC Bank. The 30-share BSE benchmark Sensex declined 350.98 points to 81,397.59 in early trade. From the 30-share blue-chip pack, Reliance Industries, Bharti Airtel, Nestle, Larsen & …

Nifty 50, Sensex today: What to expect from Indian stock market in trade on December 17
Top News
6 days, 16 hours ago

Nifty 50, Sensex today: What to expect from Indian stock market in trade on December 17

Live Mint  

The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Tuesday tracking a mixed trend in global peers. The near-term uptrend of Nifty 50 remains intact and the market could eventually result in an upside breakout of the hurdle at 24,800 levels,” said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities. Here’s what …

Indian stock market: 6 key things that changed for market overnight - Gift Nifty, US PMI data to gold prices
6 days, 17 hours ago

Indian stock market: 6 key things that changed for market overnight - Gift Nifty, US PMI data to gold prices

Live Mint  

Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note Tuesday tracking mixed global cues from global peers. Asian markets traded mixed, while the US stock market ended mixed overnight, ahead of the US Federal Reserve meeting. On Monday, the Indian stock market benchmark indices ended lower amid cautiousness ahead …

Shares to buy or sell: Chandan Taparia recommends three stocks to buy today — 17 December
Trending News
6 days, 17 hours ago

Shares to buy or sell: Chandan Taparia recommends three stocks to buy today — 17 December

Live Mint  

Shares to buy or sell: The domestic stock market indices closed in the red on Monday, December 16, as the IT and Banking stocks dragged the benchmark indices into losses. The Nifty 50 index closed 0.4 per cent lower at 24,668.25 points, compared to 24,768.30 points at the previous market close. The BSE Sensex index closed 0.47 per cent lower …

Buy or sell: Vaishali Parekh recommends three stocks to buy today — December 17
6 days, 18 hours ago

Buy or sell: Vaishali Parekh recommends three stocks to buy today — December 17

Live Mint  

Buy or sell stocks: The Indian stock market indices ended in the red on Monday, December 16, after the strong pullback on Friday's market session. The Nifty 50 index closed 0.4 per cent lower at 24,668.25 points, compared to 24,768.30 points at the previous market close. The BSE Sensex index closed 0.47 per cent lower at 81,748.57 points, compared to …

Sensex falls nearly 1,000 points: 3 key factors for the market crash today
6 days, 18 hours ago

Sensex falls nearly 1,000 points: 3 key factors for the market crash today

India Today  

Stock markets tanked in early trade on Tuesday as the benchmark indices Sensex and Nifty dropped around 1% for the second straight session. Despite the decline in the main indices, midcap and smallcap stocks performed slightly better, with both Nifty Midcap and Nifty Smallcap falling only 0.06%. KEY REASONS FOR MARKET CRASH US FEDERAL RESERVE MEETING - Global markets are …

Sensex plunges over 1,000 points as bearish sentiment grips markets
6 days, 18 hours ago

Sensex plunges over 1,000 points as bearish sentiment grips markets

India Today  

Benchmark stock market indices extended their losses and closed lower on Tuesday after major sectoral indices plunged throughout the day as bearish sentiment prevailed. Vinod Nair, Head of Research, Geojit Financial Services said that widespread pessimism prevails across all sectors ahead of key policy decisions from the US Fed, BoJ, and BoE. Investors are now closely monitoring the upcoming US …

Sensex, Nifty tank in early trade dragged by banking stocks; RIL shares down 1%
6 days, 18 hours ago

Sensex, Nifty tank in early trade dragged by banking stocks; RIL shares down 1%

India Today  

Benchmark stock market indices opened lower on Tuesday as it continued its downward trend dragged by a decline in banking and financial sector stocks. The S&P BSE Sensex lost 401.57 points to 81,347.00, while the NSE Nifty50 was down 109.30 points to 24,558.95 as of 9:45 AM. Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said that globally …

Stock markets end in the red: Sensex drops 384 points, nifty closes below 24,700
Trending News
1 week ago

Stock markets end in the red: Sensex drops 384 points, nifty closes below 24,700

Live Mint  

Mumbai, : The stock market closed in negative territory on Monday with both benchmark indices posting losses amid range-bound trading. Among the top gainers were Dr. Reddy's Laboratories, IndusInd Bank, HDFC Life, Power Grid Corporation, and Bajaj Finance, which managed to post gains despite the weak market sentiment. He added that the short-term outlook for Nifty remains optimistic, with the …

Markets decline amid weak global trends; Sensex falls 385 points
1 week ago

Markets decline amid weak global trends; Sensex falls 385 points

The Hindu  

Benchmark indices Sensex and Nifty closed lower on Monday due to weak global cues amid caution ahead of the U.S. Fed interest rate decision later this week. The 30-share BSE benchmark Sensex declined 384.55 points or 0.47% to settle at 81,748.57. From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, …

Top Gainers and Losers today on 16 December, 2024: Dr Reddys Laboratories, Indusind Bank, Titan Company, Adani Ports & Special Economic Zone among most active stocks; Check full list here
1 week ago

Top Gainers and Losers today on 16 December, 2024: Dr Reddys Laboratories, Indusind Bank, Titan Company, Adani Ports & Special Economic Zone among most active stocks; Check full list here

Live Mint  

Top Gainers and Losers Today : The Top Gainers and Losers Today: The Nifty index closed at 24,768.3, reflecting a decrease of 0.4%. The Nifty 50 has recorded returns as follows: - In the last 1 week: 0.19% - In the last 1 month: 5.16% - In the last 3 months: -2.83% - In the last 6 months: 4.7% - …

Indian equity benchmarks slip as Fed rate trajectory worries hit IT stocks
1 week ago

Indian equity benchmarks slip as Fed rate trajectory worries hit IT stocks

Live Mint  

By Hritam Mukherjee and Kashish Tandon Dec 16 - India's benchmark equity indexes fell on Monday, as uncertainty about the U.S. interest rate trajectory beyond the reduction expected this week weighed on IT companies, while metal stocks fell after underwhelming economic data from top consumer China. Indian IT firms, which earn a bulk of their revenue from the U.S., fell …

Stock market today: Nifty 50, Sensex end lower as IT and banking stocks drag; realty stocks outperform
1 week ago

Stock market today: Nifty 50, Sensex end lower as IT and banking stocks drag; realty stocks outperform

Live Mint  

Indian frontline indices slipped into the red on Monday, December 16, following a strong pullback seen in Friday's session. Commenting on today's market performance, Vinod Nair, Head of Research, Geojit Financial Services said, "The national market traded in a range-bound manner while the realty sector outperformed in expectation of growing demand and a potential rate cut cycle in 2025." Sectoral …

Nifty Bank: Will the index top 55,000 by 2024 end? Technical experts share targets & trading strategies
1 week ago

Nifty Bank: Will the index top 55,000 by 2024 end? Technical experts share targets & trading strategies

Live Mint  

Market Outlook: The Nifty Bank index has risen around 11 per cent in 2024 so far, underperforming the benchmark index, Nifty 50, which has gained over 13 per cent in this period. As 2024 approaches its conclusion, market analysts and technical experts are closely evaluating the potential trajectory of the Nifty Bank index. Nifty Bank year-end targets Shrikant Chouhan, Head …

Markets decline in early trade amid weak global trends
1 week ago

Markets decline in early trade amid weak global trends

The Hindu  

Benchmark indices Sensex and Nifty declined in early trade on Monday in line with weak global cues and caution ahead of the WPI inflation data to be announced later in the day. The 30-share BSE benchmark Sensex declined 215.59 points to 81,917.53 in early trade. From the 30-share Sensex blue-chip pack, JSW Steel, Titan, Bharti Airtel, Nestle, Mahindra & Mahindra, …

Nifty, Sensex open on cautious note ahead of fed meeting, Experts say year-end rally could gain traction this week
Trending News
1 week ago

Nifty, Sensex open on cautious note ahead of fed meeting, Experts say year-end rally could gain traction this week

Live Mint  

Mumbai, : Indian stock markets started the fresh week on a cautious note on Monday, as both indices declined marginally during the opening session. The markets are likely to remain in a consolidation phase, but a year-end rally could gain traction this week. Given it's a Fed policy week, we could see steady market action, but we are hopeful for …

Indian stock market: 7 key things that changed for market over weekend - Gift Nifty, Asian markets to Bitcoin prices
Trending News
1 week ago

Indian stock market: 7 key things that changed for market over weekend - Gift Nifty, Asian markets to Bitcoin prices

Live Mint  

Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open lower on Monday tracking mixed cues from global markets. Asian markets traded mostly higher, while the US stock market ended mixed last week, with the Nasdaq posting fourth consecutive weekly gains. This week, market participants will closely monitor key stock market triggers, including US …

Sensex, Nifty end in red as IT stocks drag markets; Titan shares down 2%
Top News
1 week ago

Sensex, Nifty end in red as IT stocks drag markets; Titan shares down 2%

India Today  

Benchmark stock market indices closed lower on Monday, dragged by a decline in IT, Metal and FMCG sector stocks as bearish sentiment continued on Dalal Street. Vinod Nair, Head of Research, Geojit Financial Services said that the national market traded in a range-bound manner while the realty sector outperformed in expectation of growing demand and a potential rate cut cycle …

Sensex, Nifty open lower as IT stocks drag; bearish trends continue
1 week ago

Sensex, Nifty open lower as IT stocks drag; bearish trends continue

India Today  

Benchmark stock market indices opened lower on Monday, dragged by a decline in IT stocks after having witnessed a very volatile session on Friday when it recovered after having lost nearly 1,200 points. Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said that the excessive volatility witnessed on Friday is a reflection of the sharp differences in perceptions …

Market sees sharpest swing in 6 months before closing in green
1 week, 3 days ago

Market sees sharpest swing in 6 months before closing in green

Live Mint  

India's stock benchmarks staged the sharpest intra-day recovery in six months on Friday, supported by foreign investors snapping up large-cap stocks. The last time the Nifty and Sensex swung through a larger range was on 5 June, a day after the Lok Sabha election results showed a third term for the National Democratic Alliance government. Sensex swung 2131.10 points On …

Sensex Nifty recovery: Strong comeback amid easing inflation, buying in telecom stocks
1 week, 3 days ago

Sensex Nifty recovery: Strong comeback amid easing inflation, buying in telecom stocks

The Hindu  

Benchmark indices Sensex and Nifty ended sharply higher on Friday amid heavy buying in telecommunication stocks and encouraging domestic inflation data. After falling 1,207.14 points in morning trade, the 30-share BSE benchmark Sensex recovered all the lost ground later and jumped 843.16 points or 1.04% to settle at 82,133.12. Retail inflation declined in November to 5.48% and came within the …

Inflows help rupee end higher on day but weekly losing streak persists
1 week, 3 days ago

Inflows help rupee end higher on day but weekly losing streak persists

Live Mint  

By Jaspreet Kalra MUMBAI, Dec 13 - The Indian rupee logged its the sixth consecutive weekly decline on Friday as pressure remained on account of heightened dollar demand in the non-deliverable forwards market and a weaker yuan while mild inflows helped the currency on the day. U.S. producer price inflation data released on Thursday reaffirmed investor expectations of a 25-basis …

Stock market crash today: Sensex, Nifty slump in early trade dragged down by metal stocks, foreign fund outflows
Trending News
1 week, 3 days ago

Stock market crash today: Sensex, Nifty slump in early trade dragged down by metal stocks, foreign fund outflows

The Hindu  

Benchmark indices Sensex and Nifty slumped in early trade on Friday dragged down by metal stocks, foreign fund outflows and weak global cues. Among the 30-share Sensex blue-chip pack, Tata Steel, JSW Steel, IndusInd Bank, Axis Bank, Mahindra & Mahindra, Larsen & Toubro, State Bank of India and Reliance Industries were the biggest laggards. Retail inflation declined in November to …

Stock market crash: Sensex falls over 1,000 points, Nifty drops over 300 points
1 week, 3 days ago

Stock market crash: Sensex falls over 1,000 points, Nifty drops over 300 points

Hindustan Times  

Benchmark indices Sensex and Nifty witnessed a sharp decline in early trading on Friday, weighed down by a sell-off in metal stocks, foreign fund outflows, and weak global market trends. The 30-share BSE Sensex plunged 1,079.44 points to reach 80,210.52, as of 10.46 am while the NSE Nifty dropped 330.55 points to settle at 24,218.15. BSE Sensex plunged 1,079.44 points …

Rupee recovers from all-time low, gains 5 paise to 84.83 against U.S. dollar in early trade
1 week, 3 days ago

Rupee recovers from all-time low, gains 5 paise to 84.83 against U.S. dollar in early trade

The Hindu  

The rupee saw some recovery from its all-time low level and appreciated 5 paise to 84.83 against the U.S. dollar in early trade on Friday on the back of favourable domestic inflation data. However, a strengthening American currency and volatile domestic equity markets amid foreign fund outflows capped the recovery in the local unit, forex traders said. The latest official …

India’s benchmark indexes log longest weekly winning run since July
1 week, 3 days ago

India’s benchmark indexes log longest weekly winning run since July

Live Mint  

By Bharath Rajeswaran and Indranil Sarkar -Indian equity benchmarks ended higher on Friday, buoyed by consumer stocks on easing domestic retail inflation, and logged their fourth straight weekly gain - the longest such streak since July end. Data on Thursday showed India's retail inflation eased in November, boosting expectations of an interest rate cut by the central bank in February. …

Sensex, Nifty tank in early trade; inflation relief fails to lift market mood
1 week, 3 days ago

Sensex, Nifty tank in early trade; inflation relief fails to lift market mood

India Today  

Benchmark stock market indices tanked in early trade on Friday, dragged by a decline in metal and banking stocks a day after the retail inflation data was released. The top gaining stocks in early trade on Nifty were Bharti Airtel, which rose 0.64%, BPCL increasing 0.38%, Adani Enterprises up 0.37%, Nestle India gaining 0.22%, and HDFC Life advancing 0.20%. Nifty …

Discover Related