Sensex, Nifty tank lower, midcaps see sharper decline

Sensex, Nifty tank lower, midcaps see sharper decline

The Nifty hit a new low, marking its lowest point in over a month, as it closed down by 1.08 percent or 238.3 points at 21,817.5 on Tuesday. Trading volumes in the NSE cash market were modest at Rs. 0.83 lakh crore. Despite the negative advance-decline ratio at 0.36:1, the midcap index experienced a sharper […]

Sensex plunges by 800 points, Indian Rupee touches 80.81 per US dollar

Sensex plunges by 800 points, Indian Rupee touches 80.81 per US dollar

Indian benchmark indice Sensex fell by 800 points as of 01:30 p.m. on Friday. which is at 58,314.78 points or 804.94 (1.36%) points down from the previus day, revealing the deep impact caused by the US Fed Reserve decision to hike interest rates steeply and its pledge to continue further to tame the inflation. Nifty […]

Sensex plunges by over 1,000 points, heavy sell-off in IT, banking shares

Sensex plunges by over 1,000 points, heavy sell-off in IT, banking shares

Equities market was falling sharply on Friday during the afternoon trade due to heavy sell-off in IT, PSU Banks, Auto stocks following weak Asian markets on concerns of global recession, dealers said. At 2.10 p.m., Sensex was down 1050.03 points or 1.75 per cent at 58,883.98, and Nifty was trading 326.56 points or 1.83 per […]

BREXIT Fall Out: PM Cameron to Quit in October

Now that the UK has done what was expected in the last one decade, exiting from the European Union, Britain’s Prime Minister David Cameron has decided to quit from the office in October as the referendum went against his wish to continue in the Union. In India, the government’s reaction is on expected lines that […]