The investors became poorer by almost Rs 7 lakh crore on Monday, as the BSE Sensex declined over 1,182 points or 2 per cent to 55,822 at the market close. In the 30-stock Sensex, Tata Steel slumped most by over 5 per cent, followed by IndusInd Bank down over 4 per cent. …Read the full story
The benchmark indices — Sensex and Nifty50 — closed above day’s low with Sensex ending nearly 1200 points lower and Nifty50 above 16600-mark, an important support level. Nifty heavyweights such as BPCL slumped most by over 6 per cent, followed by Tata Steel and Tata Motors each down over 5 per cent, while IndusInd Bank […]
Amid weak global cues, the Indian markets concluded Friday’s session on a lower note, as Sensex and Nifty50 witnessed heavy selling pressure and each was down by over 1.5 per cent. Indian market is facing relentless selling by FIIs that is also hurting the sentiments while rising worries of a new variant is another cause […]
Amid weak global cues, the Indian markets concluded Friday’s session on a lower note, as Sensex and Nifty50 witnessed heavy selling pressure and each was down by over 1.5 per cent. Indian market is facing relentless selling by FIIs that is also hurting the sentiments while rising worries of a new variant is another cause […]
“In absence of any major event, global cues will dictate our market trend. …Read the full story
The Sensex closed at 57,011, down by 889 points or 1.5 per cent while the Nifty50 ended at 16,985, down by 263 points or 1.5 per cent. He said that despite a big global event in US Federal Reserve during the week the markets did not react much. The FIIs are also pulling their investments […]
The Sensex closed at 57,011, down by 889 points or 1.5 per cent while the Nifty50 ended at 16,985, down by 263 points or 1.5 per cent. …Read the full story
After a day’s halt in a declining trend, the Indian markets witnessed heavy selling intraday on Friday. Underperforming the benchmarks, even the broader markets extended decline as both mid and small-cap slipped around 2 and 1.5 per cent, respectively, intraday today. The global markets, especially the US markets, on Thursday closed in the red with […]
“Weak global sentiments inundated domestic indices as markets are digesting the hawkish stance of major international central banks amid surging Omicron cases. …Read the full story
While Integrated Core Strategies Asia Pte Ltd sold 3,72,477 equity shares in Anand Rathi Wealth at Rs 600 per share on the NSE, the bulk deals data showed. Dhara Pareshbhai Prajapati bought 46,000 equity shares from Goenka Business & Finance Limited in Kotyark Industries Ltd at Rs 100 per share on the NSE, as per […]
The idea is to stay invested and do not time the market is what Lynch meant when he made this statement on investors trying to wait for one redefining moment that they think can shape their portfolio. The report also highlights that missing out on a few days can cost you dearly as far as […]
The stock markets ended the week almost flat on Friday, albeit in the red snapping a three-day winning streak. On the weekly closing basis, the 50-share Nifty50 index gained over 1.8 per cent over the five trading sessions to end above 17,511. The top gainers on Nifty50 on Friday were Asian Paints, Grasi Industries, SBI […]
According to Haldea, the bigger threat for IPO market is the newly detected Omicron variant and the possibility of the US Federal Reserve hiking interest rate. In January, depending on the impact of Omicron, the picture for the quarter will become clear. According to Prime Database, nine issues have announced opening dates in December to […]
The Indian stock markets on Friday fell amid heavy selloff, Omicron covid variant scare and weak global cues. Domestic equity benchmarks Nifty50 and S&P BSE Sensex corrected by over one per cent each, dragged by Reliance Industries, Asian Paints and banking shares. The Nifty50 ended over 200 points or 1.18 per cent lower to 17,196.70 […]
“The index has also broken out from an Inside bar pattern on the daily chart. “If the index manages to surpass these crucial short term moving averages then it will unlock significant upside potential for itself. The Nifty50 closed 1.37 per cent higher at 17,401. The NiftyBank closed 0.4 per cent lower at 36,508. On […]
India’s Gross Domestic Product for the second quarter of the financial year 2021-22 jumped 8.4 per cent as compared to a 7.4 per cent contraction in the same period a year ago and was in line with the estimates of brokerages and analysts. Seems to suggest that the output gap is not narrowing as swiftly,” Sandeep […]
Indian markets have been under immense pressure in the past one month. This was evident in Foreign Portfolio Investors as they sold in the Indian market to the tune of Rs 31,100 crore in November so far, as per a Zee Business TV report. Interestingly, FPIs have found new interest in consumer and unlock-themed stocks […]
The Indian markets during Friday’s session witnessed massive selling as Sensex plummeted nearly 1700 points and Nifty50 closed little above the 17000-mark at the close. The Nifty50 closed 2.91 percent lower at 17,026. Key Pivot points support for the index is placed at 16981, 16894, 16752, and while resistance is placed at 17263, 17350, and […]
Even as the Indian stock Markets saw their worst ending on Friday since August and the momentum is expected to largely depend upon global markets and developments around the Covid-19, there are certain triggers that could drive the markets when they reopen on Monday. Meanwhile, BSE Sensex ended at 57,107, lower by 1687 points of […]
