The Indian market ended lower for the third straight session on Wednesday, deepening a sharp market rout that has wiped out nearly Rs 14 lakh crore of investor wealth. The sell-off, triggered by global unrest and uneven corporate earnings, saw the benchmark Sensex fall over 1,660 points in three sessions, while the Nifty 50 fell […]
The Indian market ended higher on Friday, with the Sensex and Nifty rising decisively, after a strong earnings surprise from Infosys reignited risk appetite and pulled heavyweight IT stocks sharply higher, among other factors. The rally pushed the Sensex and Nifty to new intraday highs, overturning recent caution and setting a bullish tone for the […]
The Indian market ended lower on Tuesday after a brief morning boom, only to fall apart just as quickly, leaving investors with sharp intraday losses and a renewed sense of unease. The BSE Sensex fell as much as 933 points from the day’s peak, while the Nifty 50 fell over 1%, wiping out Rs 2.6 […]
Indian shares closed lower on Friday, with the Sensex and Nifty extending losses for a fifth straight session, as concerns over global trade and political uncertainty in Washington weighed on investor sentiment. An early attempt at a recovery quickly faded, with benchmark indices sliding into the red within minutes of the open as caution returned […]
The Indian market 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 […]
Indian equity benchmarks posted modest weekly losses, pressured by continued outflows of foreign institutional investors and continued uncertainty over US-India trade talks. However, sentiment improved towards the end, with markets ending the week on firmer footing after the US Federal Reserve implemented a 25 basis point interest rate cut. The Nifty rose 0.57 percent on […]
The Indian market went on a three-day losing streak on Thursday with the Sensex and Nifty staging a broad recovery after the US Federal Reserve implemented a 25 basis point interest rate cut overnight. The recovery came at the same time as the rupee weakened to a new low amid growing concerns over the lack […]
The Indian market closed lower on Monday, with the Sensex and Nifty witnessing an intraday decline of up to 1%, as investors locked in gains from small and midcap stocks and widened their selling into major blue chips. Continued withdrawals from foreign funds and a cautious mood ahead of the Federal Reserve’s midweek policy decision […]
Shares of Suzlon Energy rose as much as 2.5% to their day’s high of Rs 53 on December 8, after ICICI Securities and Motilal Oswal reiterated their bullish calls on the stock, citing positive levers for growth in the coming quarters. According to analysts, the stock could rise as much as 46% from current market […]
The Indian market ended higher on Friday, with the Sensex and Nifty reversing an early lull, as financial and auto stocks – which are typically sensitive to interest rate moves – led the advance after the Reserve Bank of India cut policy rates by 25 basis points.The S&P BSE Sensex climbed 447 points, or 0.52%, […]