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…
According to data issued by the Association of Mutual Funds of India (AMFI) on March 12, the net equity mutual fund inflow for February fell 26% from the previous month to Rs 29,303.34 crore. Despite a decline, the net inflow into open-ended equities funds was positive for the 48th consecutive month. Due to a slow…
Amid rising global trade tensions and weak corporate performance, foreign investors withdrew funds from the Indian equity market, taking out Rs 24,753 crore (about USD 2.8 billion) in the first week of March. This occurred after equities saw withdrawals of Rs 78,027 crore in January and Rs 34,574 crore in February. Data from the depositories…
The key market indices continued their gains from March 5th and ended the session on a high note. While the BSE Sensex experienced a 610-point rally to end at 74,340, the NSE Nifty 50 increased by more than 200 points to land at 22,545. Because Brent crude oil prices dropped below $70 a barrel, commodities…
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 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…
In early trading on Thursday, the rupee fell 22 paise to 87.41 against the US dollar as emerging currencies, particularly the rupee, were affected by the most recent US tariff measures. According to forex professionals, the recent US tariff pronouncements have rocked international markets and strengthened the currency. The rupee declined 22 paise from its…
