Foreign institutional investors continued their selling spree, offloading shares worth Rs 2,461.72 crore on Friday, according to stock exchange data.
Foreign institutional investors continued their selling spree, offloading shares worth a net Rs 3,009.26 crore on Wednesday, according to stock exchange data.
The rupee declined 6 paise to close at 76.25 (provisional) against the US dollar on Monday, tracking the strength of the greenback overseas and elevated crude oil prices.
The key index was dragged down by heavyweights Infosys and HDFC Bank amid weak trend in Asian markets.
The rupee declined 11 paise to close at 75.95 (provisional) against the US dollar on Thursday as the hawkish stance of the US Federal Reserve affected investor sentiments in global markets and bolstered the American currency.
A hawkish US Federal Reserve, spiking crude oil prices and uncertainties associated with the war haven't diminished the enthusiasm of the bulls, Vijayakumar said.
The rupee slumped 31 paise to close at 76.15 (provisional) against the US dollar on Monday as rising crude oil prices and a lacklustre trend in domestic equities weighed on investor sentiment.
Ultratech Cement was the top performer in the Sensex pack, spurting 4.69 per cent, followed by Axis Bank, IndusInd Bank, HDFC, Infosys, Bajaj Finserv and Bajaj Finance.
The rupee surrendered its early gains to trade 6 paise down at 76.60 against the US dollar on Tuesday as investors turned cautious ahead of the US Fed meeting amid growing uncertainty over the Russia-Ukraine conflict.
The rupee appreciated by 20 paise to close at 76.42 (provisional) against the US dollar on Thursday, supported by positive domestic equities and trends in state election results.
Sensex settled 2.3 per cent or 1,223 points up at 54,647 points, whereas Nifty 2.1 per cent or 332 points up at 16,345 points.
The rupee tanked 84 paise to close at its lifetime low of 77.01 (provisional) against the US dollar on Monday as intensifying geopolitical risks due to the Russia-Ukraine conflict pushed investors to safe haven assets.
From the 30-share pack, Maruti Suzuki, Mahindra & Mahindra, Larsen & Toubro and ICICI Bank were the biggest drag, tumbling up to 6.3 per cent.
Foreign institutional investors continued their selling spree in Indian markets as they offloaded shares worth Rs 6,644.65 crore on a net basis on Thursday, according to exchange data.
Among stocks, Maruti Suzuki, Asian Paints, ICICI Bank, Bajaj Auto, and HDFC Bank were the top five losers in the opening session, declining 3.8 per cent, 3.8 per cent, 3.7 per cent, 3.6 per cent, and 3.3 per cent, respectively.
On the front of the stocks, Tata Motors, Indusind Bank, UPL, Tata Steel, and Adani Ports were the top five gainers among the Nifty 50 stocks in the opening session.
The rupee tanked 102 paise to close at 75.63 (provisional) against the US currency on Thursday as riskier assets took a hit after Russia launched military operations against Ukraine.
The Sensex was trading 1,015 points or 1.76 per cent lower at 56,668.60, and the Nifty quoted 285.40 points or 1.66 per cent lower at 16,921.25 -- extending their losses to the fifth session in a row.
Rising for the fifth straight day, the rupee extended gains by 11 paise to close at 74.55 (provisional) against the US dollar on Monday on the back of a weak dollar and softer crude oil prices amid hopes of a diplomatic solution to the Russia-Ukraine crisis.
Coming to the markets and the current global situation, it makes markets no different than what they were last week. Markets after a wild first two days are back to remaining circumspect and tentative.
The rupee appreciated by 39 paise to 74.67 against the US dollar on Friday on hopes of a diplomatic solution to the East-West standoff over Ukraine.
The rupee appreciated by 25 paise to close at 75.07 (provisional) against the US dollar on Wednesday, amid signs of de-escalation in the conflict between Russia and Ukraine.
The rupee plunged by 22 paise to close at 75.58 (provisional) against the US currency on Monday, as geopolitical tensions pushed investors towards safe-haven assets.
Foreign institutional investors (FIIs) were net buyers in the capital market on Friday, as they bought shares worth Rs 108.53 crore, according to stock exchange data.
The rupee plunged by 24 paise to 75.39 (provisional) against the US currency at close on Friday due to fears of an aggressive rate hike by the Federal Reserve after US inflation raced to a 40-year high in January.
Tech Mahindra was the top gainer in the Sensex pack, climbing 2.13 per cent, followed by Wipro, HCL Tech, Titan, Infosys, Bajaj Finserv, Maruti and Bajaj Finance.
Foreign institutional investors (FIIs) remained net sellers in the capital market, as they sold shares worth Rs 1,597.54 crore on Thursday, according to stock exchange data.
Among the stocks, HDFC, L&T, SBI Life, Infosys, and Bajaj Finance were the top five losers in the morning session.
Registering its third straight session of loss, the Indian rupee on Thursday depreciated by 30 paise to close at 75.08 (provisional) against the US dollar, tracking the strength of the American currency after a hawkish US Fed policy stance.
Stock Market Fall: Experts On NIFTY, SENSEX Decline
The rupee on Monday slumped by 19 paise to 74.62 (provisional) against the US dollar at close due to high crude oil prices, forex outflows and heavy losses in domestic equities amid growing geo-political worries.
Asian Paints was the top loser in the Sensex pack, shedding 2.44 per cent, followed by Tech Mahindra, Wipro, Bajaj Finserv, Infosys, HCL Tech and Bajaj Finance.
In the previous session, the 30-share BSE index ended 634.20 points or 1.06 per cent lower at 59,464.62. Similarly, the NSE Nifty plunged 181.40 points or 1.01 per cent to 17,757.
The rupee on Thursday slipped 7 paise to close at 74.51 (provisional) against the US dollar, tracking a lacklustre trend in the domestic equity market.
HDFC, Infosys, Bajaj Auto, Reliance Industries, and Bajaj Finserv were some of the top losers, NSE data showed. Top gainers during the early trade were Power Grid Corporation, Coal India, Tata Consumer, Hero Motocorp and Brittania.
Declining for the second straight session, the rupee on Monday fell 9 paise to close at 74.24 (provisional) against the US dollar as muted domestic equities and elevated crude oil prices weighed on investor sentiments.
The rupee inched higher by 3 paise to close at 73.90 (provisional) against the US dollar on Thursday, as muted domestic equities and weak macroeconomic data weighed on investor sentiments.
At the interbank forex market, the local unit opened strong at 74.15 against the greenback and witnessed an intra-day high of 74.03 and a low of 74.21. It finally settled at 74.03, a rise of 31 paise over its previous close.
Gold price on Thursday tumbled Rs 284 to Rs 46,700 per 10 grams in tandem with a decline in international precious metal prices.
In the previous session, the 30-share BSE Sensex closed at 59,855.93, clocking a gain of 672.71 points or 1.14 per cent. Likewise, the NSE Nifty rose 179.55 points or 1.02 per cent to end at 17,805.25.