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Indian benchmark indices Nifty and the BSE Sensex closed with a weekly decline of 0.9%, due to selling pressure in IT and consumer stocks. When stock markets resume trading on Monday, a host of major domestic and global events are likely to have an impact during the holiday week. On Friday, Nifty closed 17.40 points […]
Hello, you’re listening to ET Markets Radio and welcome to ET Market Watch – I’m Neha Vashishth. Let’s get to the main highlights.It was a volatile Friday on Dalal Street as Indian markets recovered from deep early losses but still ended the week in the red. The Sensex fell 0.1% to close at 83,216, while […]
Hello and welcome to ET Market Watch, your daily snapshot of market sentiment and the stories that move your money. I’m Neha Vashishth from The Economic Times.Indian markets took a breather today, ending lower for the second straight session as investors took a break from October’s sharp rally. Losses in financial and metal stocks pushed […]
India’s top 10 dividend-paying stocks have failed to meet investors’ return expectations, underperforming not only the benchmark returns of the BSE Sensex and Nifty, but also the sector. Half of these counters are down double digits, down as much as 28% over a one-year period.At 7.5%, MSTC tops the list when it comes to dividend […]
After coming within touching distance of a fresh record, the Nifty is down over 2% from its peak as uncertainty over the India-US trade deal, fading hopes of a US Federal Reserve rate cut in December and periodic FII selling have dampened investor sentiment. However, analysts believe the ongoing pullback is a healthy consolidation within […]
The rupee recovered from record lows to settle with a gain of 11 paise at 88.66 (provisional) against the US dollar on Tuesday, boosted by falling crude oil prices abroad. Forex traders said a strong dollar, foreign fund outflows and subdued domestic stock markets prevented a sharp rise in the Indian currency. At the interbank […]
The Indian market ended flat on Monday, with investors taking a breather after the Sensex and Nifty posted the strongest monthly rally in seven months. Modest profit-taking after the start of October was offset by stock-specific gains driven by quarterly earnings, leaving overall sentiment stable.The S&P BSE Sensex rose 39.78 points (0.05%) to close at […]
The Indian market ended lower on Friday with the Sensex and Nifty posting a second day of losses as investors booked gains amid mixed corporate earnings and cautious global cues, with a stronger US dollar and the Federal Reserve’s dovish stance on rate cuts denting sentiment, while heavyweights HDFC Bank and ICICI Bank came under […]
After four consecutive weeks of gains, the Nifty finally took a breather as profit bookings at higher levels weighed on sentiment. The benchmark fell 73 points, or 0.28%, to end the week at 25,722, while the Sensex lost 273 points to end at 83,939. However, the mild decline does not signal a turnaround, with most […]
India’s benchmark index Nifty ended with cuts for the second straight session amid profit booking and mixed global cues, dragged down by bankers HDFC Bank and ICICI Bank. Nifty remained weak throughout the day as the index failed to sustain above 25,950. Commenting on the current trend, Rupak De, Senior Technical Analyst at LKP Securities, […]
