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 13, 2021
The Indian markets on Monday concluded on a negative note as the Sensex slipped over 500 points and the Nifty50 fell below the 17400-mark at the market close. The weakness in the markets is mainly led by the FMCG and financial stocks.
The Indian benchmarks made a gap up opening amid positive cues from global markets on Monday, December 13, 2021. In the early noon deals, the benchmarks were trading with marginal gains.
Market participants across the globe will keep a close eye on the outcome of the US Federal Open Market Committee’s two-day policy meeting that ends on December 15, and US inflation numbers.
Indian markets closed with gains of about 2 per cent for the week ended 10th December. The S&P BSE Sensex is back above 58000, while the Nifty50 closed above 17500 levels.
The Indian markets started Monday's session on a strong note amid positive global cues. Domestic equity benchmarks Nifty and the Sensex opened at 17,619.10 and 59,103.72, respectively. Nifty Bank also gained nearly 400 points to open above 37,500.
The stock has been a clear underperformer of 2021 but the formation of a double bottom pattern on the weekly charts suggests that we could see a bounce back towards Rs 163 in the next 3-4 weeks.
Amid positive global markets, domestic institutional investors (DIIs), sentiment, negative foreign institutional investors (FIIs) and neutral future & options (F&O) cues, the short-term trend of the Indian stock markets will be neutral on Monday.
The Indian markets closed flat on Friday ahead of inflation data in the US and FIIs selling pressure. Putting a break to three-day gaining streak, benchmark indices Nifty50 and the Sensex both ended 0.03 per cent lower on Friday.
Domestic stocks markets, Sensex and Nifty, closed almost flat on Friday, December 10, 2021, amid negative cues from the global markets. At the close, the S&P BSE Sensex ended 20.46 points or 0.03 per cent down at 58,786.67.
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The Indian markets snapped a three-day rally to eventually end flat with negative bias on Friday, as the Sensex fell by 20 points and Nifty50 closed at an important level above 17500-mark.
Fri, Dec 10, 2021
The Indian markets on Friday recovered almost all their losses to eventually end flat with a negative bias, after a three-day rally.
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Domestic benchmarks were trading with decent losses during the early noon deals of Friday, December 10, 2021. At 12:40 pm, the S&P BSE Sensex was trading with a fall of 372.91 points or 0.63% at 58,434.22
The Nifty50 earnings have been recovering from nearly a decade-long lull, where they grew just 4% between FY12 and FY19, but high P/E multiples makes market returns dependent on upgrades to FY24 earnings, Credit Suisse said in a report.
Indian markets recouped losses on Thursday to close in the green but global cues suggest that the markets could remain volatile on Friday.
The IT major with a market capitalization of Rs 1.5 lakh cr hit a fresh 52-week high of Rs 1637 on 3 December, but since then it went under some consolidation.
The Indian markets snapped a three-day winning streak to start Friday’s session on a negative note amid weak global cues. Sensex slipped over 200 points, while Nifty trading below the 17450-mark.
Amid neutral global markets, negative foreign institutional investors (FIIs), future & options (F&O), positive domestic institutional investors (DIIs) and sentiment cues, the short-term trend of the Indian stock markets will be negative on Friday
The Indian markets on Thursday closed higher for the third straight session as Nifty50 ended above 17500-mark and the BSE Sensex gained over 150 points, led by FMCG and metal stocks.
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