Weak trend to persist for Nifty, Sensex

Markets are expected to open on a downward spiral on Friday, which will see the introduction of new series (December) at the derivatives segment. Amid global turmoil, domestic markets are likely to see a gap down opening of about 0.75 per cent. However, today’s focus would be on the Reserve Bank of India, which is … Read more

Stock Market LIVE: Sensex 300 pts up, all indices in green; Hindalco, ONGC shine

Wall Street gained some confidence to snap the negative trend as the BoE announced it was temporarily buying up long-dated UK government bonds “to restore orderly market conditions” following a historic slump in the pound. Asian markets also opened in the green in the morning. 29 Sep 2022, 10:16:37 AM IST Asian Paints under tremendous … Read more

Sensex, Nifty Lose 1% After Sharp Slide In Final Hour, Dragged By Banking, Metal Stocks: Market Wrap

India’s equity benchmarks lost nearly 1% after a sharp slide in the final hour, dragged by banking and metal stocks. The Sensex lost more than 500 points to close at 56,598.28. The Nifty 50 also declined nearly 1% to end at 16,858.60. Of the Nifty 50 constituents, 15 stocks rose, while 35 fell.

Rupee rises 37 paise to 81.30 against US dollar

The rupee appreciated 37 paise to 81.30 against the US dollar in early trade on Tuesday as the American currency retreated from its elevated levels. At the interbank foreign exchange, the domestic unit opened at 81.45 against the dollar, then touched 81.30, registering a gain of 37 paise over its previous close. On Monday, the … Read more

Sensex, Nifty Off Day’s Low, IT Pack Resilient

India’s stock benchmarks declined, but were off day’s low, dragged by broad-based losses across sectors led by metal, auto, power, realty, utilities, commodities, consumer discretionary, and energy stocks. Information technology stocks were, however, resilient amid the sharp sell-off.The Sensex lost over 650 points or 1.13% to 57,445.24 after having lost 1,060.68 points to hit intraday … Read more

Nifty, Sensex drop nearly 2%; 5 key factors behind the stock market fall today

The domestic equity market dropped almost two per cent in Monday’s intraday trade amid multiple triggers from domestic and global economies. Benchmark Nifty50 slipped below the 17,000 mark, while the Sensex declined to trade near 57,000.

Domestic bets resilient as markets rebound since June lows…

Although the market sentiments were beaten down in the last week following yet another sharp interest rate hike in the US, the Sensex, remains flat year-to-date and has fared much better than key global indices in 2022. As the Federal Reserve began hiking rates earlier this year, the Sensex, from its near-term high of 60,611.74 … Read more