India’s equity market failed to sustain Thursday’s gain as benchmark indices - BSE Sensex and NSE Nifty50 – plummeted up to 1% on Friday. "The market concluded the week with a pessimistic note as a sell-on-rally sentiment prevails in the market due to a strong US dollar, high valuation, and investors shift towards a multi-asset strategy,” said Vinod Nair, Head …
The key benchmark indices ended off the day's low led by renewed buying interest in select IT and financial shares. Reliance Industries plunged over 4 per cent after the Mukesh Ambani-led oil-to-chemicals company on Friday reported a consolidated net profit of Rs 16,203 crore for the quarter ended March 31, 2022, up 22.5 per cent over the year-ago period’s Rs …
Among key indices, the benchmark S&P BSE Sensex settled tad below the 51,350-mark, at 51,349 levels today, up 617 points or 1.22 per cent, aided by buying in M&M, Bajaj Finserv, Infosys, Tech M, and Bharti Airtel. The S&P BSE SmallCap index ended 1.53 per cent higher, while MidCap index was up 1.5 per cent at close. MSCI's broadest index …
