Fri, Nov 08, 2024
Analysts attribute the rupee's decline to capital outflows, which added pressure on the currency as investors moved funds to perceived safer assets abroad.
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Fri, Oct 25, 2024
Indian benchmark indices fell sharply on Friday, with the Sensex down 684 points at 79,380.81 and the Nifty slipping 253 points to 24,145.
Mon, Sep 16, 2024
Share Market Today, September 16, 2024: Tracking positive global cues, Indian equities will open on a positive note in Monday's session.
Mon, Dec 20, 2021
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.
Fri, Dec 17, 2021
Amid the massive selling pressure, the Indian markets closed Friday’s session on negative note a day after positive closing on Thursday. The Sensex fell around 1000 points from day’s high, while the Nifty50 gave key sentiment support of the 17000-mark at the market close.
Indian benchmarks were trading in the red with major losses in the noon deals of Friday, December 17, 2021. At 1:01 pm, the S&P BSE Sensex was trading 653.99 points, or 1.13%, lower at 57,247.15.
The US Federal Reserve normalisation, including the faster tapering of quantitative easing (QE) and rate hikes, can impact the Indian markets in multiple ways, Dhananjay Sinha, Managing Director & Chief – Strategist, JM Financial Institutional Securities said in an interview.
The accent on infrastructure will continue to be high, and there could be some major announcements in this regard. The disinvestment plan is likely to become clear in the near future and the glide path to fiscal consolidation also is eagerly awaited, Dr. Joseph Thomas, Head of Research at Emkay Wealth Management said.
Canara Bank rallied by about 70 per cent in the last 1 year compared to 26 per cent rise seen in the Nifty50 but the PSU bank lost momentum in November when shares fell over 20 per cent from the high.
The markets are likely to remain volatile on Friday tracking muted global cues, but there will be stock-specific action in which global brokerage firms tweaked their ratings.
Headline indices Nifty50 and Sensex started Friday's session at 58,021.63 and 17,276.00, respectively, even as the IT shares lent support to the indices amid volatility in the market.
Amid neutral global markets, future & options (F&O), negative foreign institutional investors (FIIs), positive domestic institutional investors (DIIs) and cautious sentiment cues, the short-term trend of the Indian stock markets will be negative on Friday, December 17, 2021.
Snapping four days losing streak, the Indian markets closed with marginal gains on Thursday. The surge was largely led by IT shares. Domestic equity benchmarks the Sensex and the Nifty ended 0.20% and 0.16% higher in the Thursday's closing.
Indian market snapped a four-day losing streak on Thursday supported by gains in IT, energy, consumer durables, and oil & gas stocks.
Indian stock markets snapped four days of losses on Thursday, December 16, 2021, and ended on a positive note.
Amid choppy trade, the Indian markets concluded Thursday’s session on a higher note as the Sensex gained by 133 points and Nifty50 settled near 17250-mark, led by IT stocks.
Thu, Dec 16, 2021
As the foreign institutional investors (FIIs) continue with their selling spree and the rupee remains weak, Zee Business Managing Editor Anil Singhvi on Thursday spoke to market expert Ajay Bagga and tried to understand the reasons behind this trend
India markets started Thursday's session in the green welcoming the Federal Reserve's decision to ease inflation as even all major Wall Street indices ended in the green in Wednesday's closing too.
Amid positive global markets domestic institutional investors (DIIs), future & options (F&O), negative foreign institutional investors (FIIs) and neutral sentiment cues, the short-term trend of the Indian stock markets will be negative on Thursday, December 16, 2021.
The Sensex and Nifty buckled under selling pressure for the fourth session on the trot on Wednesday ahead of the US Federal Reserve's policy decision.
The stock markets ended in red for the fourth consecutive trading session on Wednesday, December 15, 2021.
For the second straight session, the Indian market concluded Tuesday’s sessions on a negative note, as Sensex fell by 166 points, Nifty50 settled below 17350-mark, dragged by FMCG and financials.
Wed, Dec 15, 2021
Selling pressure in the Indian markets continued for the third straight session on Wednesday as Sensex dipped over 300 points and Nifty50 fell below 17250-mark, dragged by Metal and IT stocks.
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