Nifty ended with deep cuts on Thursday as the US-Iran standoff continued, triggering a widespread sell-off. The benchmark indices ended their three-session winning streak, which was dragged by auto, financial services, IT and consumer stocks. The index fell below the 50DMA and the 21EMA in one fell swoop.Rupak De, Senior Technical Analyst at LKP Securities, […]
Benchmark indices Nifty and Sensex reversed early gains to trade sharply lower on Thursday after heavy selling in banking, metals, auto and FMCG stocks broke a three-day winning streak. The sharp fall wiped out Rs 2.73 lakh crore of investor wealth, reducing the total BSE market capitalization to around Rs 469 lakh crore.In today’s session, […]
Indian shares closed lower on Monday, with losses in IT stocks and renewed worries about additional US tariffs dogging Nifty and Sensex, offsetting a flurry of upbeat business updates that had boosted expectations of stronger quarterly profits.The BSE Sensex fell 322.39 points, or 0.38%, to close at 85,439.62, while the NSE Nifty 50 fell 78.25 […]
Indian shares closed sharply higher on Friday, the second trading session of the new year, with the Nifty 50 hitting a new record high as a broad rally took place. Strong business updates boosted earnings expectations and improved investor sentiment across sectors.The Nifty 50 climbed as much as 193.45 points during the session to a […]
Indian shares closed little changed on Tuesday, with the Sensex and Nifty extending their losing streaks, as thin year-end trading and continued concerns over foreign fund outflows kept investors cautious and volumes subdued.The BSE Sensex fell 20 points, or 0.02%, to close at 84,675.08, while the NSE Nifty 50 fell 3 points, or 0.01%, to […]
Indian shares closed lower on Wednesday, with the Sensex and Nifty extending their declines to a third straight session, as investors grappled with uncertainty over the US Federal Reserve’s interest rate outlook following mixed signals from US jobs data. Sentiment was further dampened by the lack of progress on a future US-India trade deal, keeping […]
Indian shares closed lower on Tuesday, with the Sensex and Nifty extending their declines for a second straight session, as continued foreign portfolio outflows and a weakening rupee kept investors on edge. Lingering uncertainty over a possible US trade deal contributed to the cautious mood on Dalal Street.The S&P BSE Sensex fell 533 points, or […]
Indian shares closed modestly lower on Monday, ending a two-session advance as weakness in auto and financial stocks continued. Sentiment remained vulnerable due to continued foreign outflows, uncertainty over a US-India trade deal and positioning ahead of the potential fallout from Mexico’s sweeping new tariff regime, as the rupee fell to a record low.The S&P […]
The Indian market closed lower on Tuesday, with the Sensex and Nifty continuing the previous session’s sharp decline, as investors remained tense ahead of the Federal Reserve’s interest rate decision and continued uncertainty over a US trade deal.The S&P BSE Sensex fell 436 points, or 0.51%, to 84,666.28, while the NSE Nifty 50 fell 121 […]
BSE Index Services has announced a major overhaul of the BSE 500 index, which will see the addition of 32 new stocks to replace as many scrips. The changes will come into effect on December 22 and are part of the six-monthly reconstruction based on, among other things, the market capitalization, free float and liquidity […]