Mumbai: Sensex on Tuesday logged a fresh all-time high of 41,903.36 despite a sharp rise in inflation amid already slowing economic activity in the country. Retail inflation shot to a five-and-a-half-year high of 7.35 per cent in December, breaching the central bank’s outer limit target of 6 per cent, sparking fears of stagflation. At 10.04 […]
Mumbai: Market benchmark Sensex on Thursday scaled the 42,000 mark for the first time ever and Nifty hit its record peak in opening session tracking positive cues from global equities after the US and China signed an initial trade deal. After hitting a record peak of 42,009.94, the 30-share BSE index was trading 127.65 points or […]
Mumbai: Domestic equity benchmarks Sensex and Nifty erased early gains to finish with losses for the second day on the trot on Tuesday, as surging COVID-19 cases and growing localised…
Mumbai: Market benchmark Sensex jumped over 200 points on Wednesday tracking gains in index heavyweights HDFC twins, Infosys and Reliance Industries as global stocks recovered from the previous day’s losses. The 30-share BSE index was trading 204.30 points or 0.49 per cent higher at 41,528.11. Similarly, the broader NSE was trading 46.70 points, or 0.38 […]
Mumbai: Market benchmark Sensex plunged over 450 points in afternoon session on Saturday after the Union Budget projected widening of fiscal deficit for the current financial year. The 30-share BSE index was trading 452.14 points, or 1.11 per cent, lower at 40,271.35 at 1320 hours. Similarly, the 50-share NSE Nifty cracked 111.70 or 0.93 per […]
Mumbai: The BSE Sensex plummeted 988 points on Saturday to close below the key 40,000-mark, led by an intense broad-based selloff after the Union Budget for 2020-21 failed to live up to market expectations. Experts said the Budget has been below par considering investors had extremely high expectations from the government to revive the economy. […]
Mumbai: Slide in global crude oil prices and positive global cues aided the benchmark Sensex to gain over 900 points on Tuesday. Brent, the global oil benchmark, on Tuesday fell as much as $53.95 a barrel as traders weigh the impact on global demand from the spread of coronavirus, which has probably cut China’s oil […]
Mumbai: Indian markets closed lower on Thursday along with major world indices over a sharp rise in coronavirus-related deaths in China. Increase in retail inflation and prices of LPG cylinder also dampened the investors’ mood further. China’s Hubei province, the epicentre of the coronavirus outbreak, reported 242 new deaths, double the previous day’s toll. The […]
Mumbai: Equity benchmark Sensex plummeted 883 points on Monday following a massive across-the-board selloff as mounting COVID-19 cases spooked domestic investors. After crashing over 1,469 points in early trade, the…
Mumbai: Panic selling continued to impact the domestic equity markets on the back of a sporadic sell-off in global indices due to the spread of coronavirus cases around the world. Additionally, both the domestic and global equity markets got impacted by weak expiry of monthly futures and options (F&O). Besides, caution prevailed ahead of the […]
Mumbai: Market benchmark Sensex plummeted over 1,100 points, wiping off over Rs 5 lakh crore investor wealth, in opening session on Friday amid a massive selloff in global equities as rising coronavirus cases outside China stoked fears of a pandemic that could dent world growth. The 30-share index sank 1,100.27 points, or 2.77 per cent, […]
Mumbai: The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India indicated a positive start for trading in Indian markets on Monday. In a much needed relief after the worst week since the 2008 financial crisis, the index was trading higher by 1.40 per cent to 8.61. Index futures of […]
Mumbai: The benchmark Sensex plunged into the red on Monday minutes after the government said that two cases of Coronavirus have been detected — one each in Delhi and Telangana. The Sensex lost over 700 points within half an hour following an official statement saying that “one positive case of COVID-19 has been detected in […]
Mumbai: The Indian equity indices slumped on Wednesday afternoon with the BSE Sensex trading over 700 points lower, on persistent fears of coronavirus turning into a pandemic, along with increasing confirmed cases in India. There are at least 25 positive cases of COVID-19 in India at present, the Union Health Minister Harsh Vardhan informed earlier […]
Mumbai: The Indian equity indices slumped on Friday morning, with the BSE Sensex falling over 1,450 points. The slump across the sectoral indices was led by the finance and banking stocks as the Reserve Bank of India on Thursday superseded the board of directors of Yes Bank and placed it under moratorium. Persistent fears of […]
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