Indian equity markets began the week on a strong note, with key indices closing in the green on Monday, driven by robust buying in realty, banking, and IT stocks. The BSE Sensex surged 591.69 points, or 0.73%, to close at 81,973.05, while the NSE Nifty rose by 163.70 points, or 0.66%, ending at 25,127.95. Midcap and smallcap indices also gained, ...
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Sensex Drops 230 Points as Auto and Finance Stocks Weigh on Markets
Indian equity markets closed lower on Friday, with the Sensex falling by 230 points, or 0.28%, to 81,381, and the Nifty slipping by 34 points, or 0.14%, to 24,964. The decline was primarily driven by a sell-off in financial and auto stocks, alongside weakness in shares of Tata Consultancy Services (TCS). The banking sector bore the brunt of the downturn, ...
Read More »Market Plunges as Middle East War Looms, Rs 10 Lakh Crore Wiped Out from Investors
Indian markets were hit hard on Thursday as escalating geopolitical tensions in the Middle East led to a sharp decline in equity indices, wiping out Rs 10 lakh crore in market capitalization. The benchmark BSE Sensex nosedived 1,769 points (2.10%), closing at 82,497, while the Nifty 50 plunged 546 points (2.12%) to 25,250. This broad sell-off led to significant losses ...
Read More »Gloom All Over Markets, Sensex Down 589 Points; Middle East Conflict Rattles Globe
The escalating conflict in the Middle East, particularly between Iran and Israel, has sent shockwaves through global markets, with India feeling the tremors. The Nifty 50 index and the S&P BSE Sensex, key indicators of the Indian stock market, have both seen a decline of over 1%. At 9.38 a.m., Sensex was down 589 points or 0.69 per cent at ...
Read More »Sensex and Nifty Down But Surge In Midcaps and Smallcaps Push Market Sentiment
The Indian equity market recently closed with marginal losses, primarily due to the impact of heavyweight shares such as Reliance Industries and HDFC Bank. The Sensex, a benchmark index of the Bombay Stock Exchange (BSE), closed 33 points lower at 84,266. Concurrently, the Nifty, the National Stock Exchange’s key index, was down by 13 points, closing at 25,796. Despite the marginal losses in the ...
Read More »Sensex down by 300 points, Israel’s return attack fears grip markets
BSE Sensex is down by more than 300 points on Tuesday after a plunge of 845 points on Monday, continuing the declining trend amid concerns about general elections, geopolitical factors, and uncertainty in the markets. Sensex is trading at 73,040 points, down by 358 points. Sensex is on the verge of falling below the 73K mark if the weakness persists. IT ...
Read More »Auction for Sale (Re-issue) of Government Stocks
The Government of India have announced the Sale (re-issue) of (i) “6.84 per cent Government Stock, 2022” for a notified amount of Rs. 3000 crore (nominal) through price based auction, (ii) “6.79 per cent Government Stock 2029” for a notified amount of Rs.7,000 crore (nominal) through price based auction, (iii) “6.57 per cent Government Stock 2033” for a notified amount ...
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