Expectations of a festive rally on Dalal Street have been dashed, as the US Federal Reserve’s hawkish commentary on future rate cuts has spooked markets. India’s equity benchmark indices – the BSE Sensex and NSE Nifty – recorded their steepest weekly declines in over two years, plummeting nearly 5 per cent each. Investors bore massive losses, with the market capitalisation …
Benchmark stock market indices dropped in the afternoon session, with the Sensex experiencing a notable decline due to weak earnings reports and foreign outflows. In today's trading session on the Nifty 50, Trent emerged as the top gainer, advancing by 1.47%, followed by HCL Technologies which rose 0.94%. Financial sectors showed broad weakness with Nifty Financial Services falling 1.56%, Nifty …
Equity benchmark indices declined for the second consecutive session on October 19 amid weak trends in global markets and fresh foreign fund outflows. Among the Sensex firms, Wipro fell nearly 3% after the company reported an almost flat consolidated net profit at ₹2,667.3 crore for the September quarter, trailing street expectations. Nestle jumped nearly 4% after the FMCG major reported …
Equity indices made a firm opening on Thursday after falling sharply in the previous trade, with BSE Sensex climbing 239 points amid mixed trends from global markets. However, mounting concerns of rising US interest rates, rupee hitting fresh lows and unabated FII selling will continue to keep markets in a volatile mode," said Prashanth Tapse, Vice President, Mehta Equities Ltd. …
Q:Ans: >Difficult to escape the pain; most investors would have been hurtQ:And:>Difficult to say the pain/ market downside is over at the global level>No evidence that bear market will be short-lived>Bounce-back due; can be led by a fall in crude oil prices>Macros and global developments will not resolve quicklyQ:And:>Most ‘new’ investors would not have seen anything like the recent market …
