The US president’s unexpected halt on reciprocal tariffs gave investors some respite on the last day of the week. Still, Indian benchmark indexes completed the volatile week ending April 11 with slight losses due to worries over the tariff war. Nifty50 was down by 75.9 points to settle at 22,828.55, while the BSE Sensex index…
Ahead of former US President Donald Trump’s tariff deadline, investors were on edge, as the benchmark indices Nifty and Sensex continued to decline on April 1. The sell-off was led by Nifty IT and Pharma, which are the stocks most vulnerable to any trade shocks, and then banking stocks. Fear swept the Street as the…
Investors on the Bombay Stock Exchange (BSE) have won Rs 35 lakh crore so far this year in March, with the Sensex rising more than 4,500 points to hover around 78,000. This is the latest success for the Indian stock markets after months of relentless selloff. After a sharp decline following September’s record highs, the…
On March 19, the Nifty and Sensex experienced a surge in afternoon trading due to robust purchases in metal, oil and gas, and financial companies. However, the rally was restrained by weakness in IT and FMCG companies, which prevented the bulls from launching a full-scale attack. With the Midcap 100 and Smallcap 100 indices rising…
The BSE Large-cap, BSE Mid-cap, and BSE Small-cap indices had losses of 0.8 percent, 2 percent, and almost 4 percent throughout the week, respectively. The Nifty50 slid 155.3 points, or 0.68 percent, to conclude at 22,397.20 for the week, while the BSE Sensex index fell 503.67 points, or 0.67 percent, to close at 73,828.91. The…
Benchmark indices, the Sensex and Nifty 50, ended the market’s decline by staging a robust recovery from oversold territory, ending the March 5 session with gains of about 1%. In addition, the Nifty 50 is poised to end its 10-day losing streak, which is a first for the market. Outpacing losses in a few index…
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…
As the US President stoked expectations of a corporate tax rate cut and the ensuing rise in corporations’ discretionary spending and IT budget, Indian IT majors are expected to see mid-to high-single-digit growth over the coming quarters, indicating a slower-than-expected recovery, according to brokerage firm CLSA. The brokerage adopted a cautiously optimistic outlook due to…
The Nifty 50 firms’ earnings have been cut down by 7% over the last six months after a poor showing in the September quarter. As a result, the predicted earnings growth for FY25 has been reduced to just 5%, the lowest level since FY20. India Inc.’s operational earnings grew at the slowest rate in at…
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….
