Foreign investors moved to safe-haven dollar assets, causing the benchmark indices to drop 1.5% on Friday, their biggest weekly loss since June 2022 and their fifth straight day of decline in line with global counterparts. The NSE Nifty was down 364.20 points, or 1.52%, to 23,587.50, while the Sensex fell 1,176.46 points, or 1.49%, to…
As the major indices, the Sensex and the Nifty 50, saw their biggest weekly declines in two years, Dalal Street was in ruins this week. The cautious approach taken by the Federal Reserve and its softer rate-cut trajectory for 2025 exacerbated FII selling in the domestic market. The dip today caused the Sensex to drop…
Frontline indexes Nifty and Sensex plunged for the fourth straight day on December 19, losing more than three percent of their value over the week and wiping out more than Rs 10.5 lakh crore in investor capital. Whereas the Sensex plummeted 1,000 points, the Nifty 50 lost the 24,000 symbol. Interestingly, the Nifty 50 has…
Benchmark indices extended their downward trajectory on Thursday, closing at their lowest points in almost two months due to disappointing earnings and ongoing selling by foreign portfolio investors (FPIs), which dampened investor sentiment. After posting dismal profits for the September quarter, Bajaj Auto saw a 13% decline, making it the biggest loss on the Nifty….
Due to persistent domestic money flow and promising economic growth, investor optimism drove the market capitalization of BSE-listed companies to a record $5 trillion on Tuesday. In about half a year, the market capitalization surged from $4 trillion to $5 trillion, marking the quickest $1 trillion increase in history. For this time, the rupee has…
In the week ending September 1, the market ended a five-week losing trend with solid gains. The benchmarks were under pressure due to conflicting global cues, weak monsoons in August, and rising crude oil prices; nevertheless, positive investor sentiment was buoyed on Friday by solid GDP and Manufacturing figures. The Nifty50 began the month of…
The Indian equities markets achieved large gains and closed over 1% higher during a week of persistent volatility, buoyed by in-line profits, FII support, and a disregard for warning signs from international competitors. The Nifty50 increased 245.8 points or 1.36 percent to close at 18,314.8, and the BSE Sensex increased 973.61 points or 1.59 percent…
Domestic indices lost some of their early gains on Monday and lost more than 1% over the day. The Nifty 50 lost 277 points from its intraday high of 17,529.90 to trade at 17,252.25 while the BSE Sensex dropped 1000 points from its high of 59,510.92 to trade at 58,474.02. Continuing the downward trend, Bank…
In a highly volatile week, the Indian benchmark indices lost 1 percent each and also broke the five-week gaining streak, amid mixed global cues, rising dollar, and crude oil prices. Buying by foreign investors, however, provided some support on the downside. For the week, the BSE Sensex fell 812.28 points (1.32%) to end at 58,833.87, while…
The market closed higher for the fourth straight week as global markets cheered better U.S. inflation data, commodity prices softened and foreign investors kept on buying Indian equities. Strong earnings and a better monsoon fuelled the rally on the home lawn. In the last week, the BSE Sensex gained 1,074.85 points (1.84%) to closed at 59,462, while the Nifty 50…
