As investors were alarmed by the prospect of a full-scale global trade war and a faltering U.S. economy, the Sensex and Nifty fell over 2 percent on February 28 due to widespread selling. In terms of total market value, the market lost Rs 8.8 lakh crore. Each BSE Smallcap and BSE Midcap index fell more…
The benchmark indices ended Saturday’s trading day flat, despite several encouraging news in the Budget. Except for FMCG, real estate, and consumer-driven industries, which are anticipated to gain from tax cuts, most other industries witnessed no change. There was a little decrease in shares of the energy, oil and gas, and infrastructure sectors. The majority…
The bulls recovered well in the week ending November 22. Indian benchmarks halted a two-week losing skid and closed the week with a gain of about 2 percent, despite ongoing FII selling and worries about new geopolitical tensions. The BSE Sensex increased 1,536.8 points, or 1.98 percent, to settle at 1,536.8 this week, while the…
