Mumbai: The BSE Sensex on Tuesday lost another 243.62 pts to close at 47,705.80 as selling was seen in IT, Technology, Finance, Materials and FMCG stocks. The Nifty too fell by 63.05 pts to 14,296.40. High volatility was witnessed during the day. Sliding over 800 pts on Monday, the sensex...
The stock market will remain under the pressure of Corona
MUMBAI: Domestic stock markets witnessed a decline for the second week in a row due to uncontrolled situation due to the second wave of Covid-19 pandemic and partial or weekly lockdown in many states and the trend is likely to continue in the coming week as well. The transition of...
The market closed at a new peak
Mumbai: Recovering from a shaky start, the 30-share BSE index ended 91.84 points or 0.19 per cent higher at its new lifetime closing high of 49,584.16. Similarly, the broader NSE Nifty rose 30.75 points or 0.21 per cent to finish at a record 14,595.60. TCS was the top gainer in...
Healing economy expected to keep markets high
Mumbai: Economic recovery along with hopes of a Covid-19 vaccine will keep domestic stock markets high during the upcoming trade week. Analysts opined that markets are likely to oscillate between renewed fears of rising covid cases globally and optimism over vaccine development. Besides, profit booking as well as expensive propositions...
Stock market closed in red mark for second consecutive day
Mumbai: The stock market closed with a downward trend on Thursday, 25 June 2020. Today where the Sensex fell by 26.88 points to close at the level of 34842.10. At the same time, the Nifty lost 16.40 points to close at the level of 10288.90. Apart from this, on the...
Stock market fell on the second day as well, Sensex closed down 262 points
Benchmark indices dropped in trade, despite reasonably good global cues as investors worried over a sudden spike in Covid 19 cases. On Monday, Coronavirus cases jumped by near 4,000, even as lockdown was eased. At one stage the Sensex touched a high of as much as 32,264 points, but, gave...
Announcement of stimulus package boosts stock market
Mumbai: Equity benchmark indices closed over 4 per cent higher on Thursday as Finance Minister Nirmala Sithamran announced a Rs 1.7 lakh crore stimulus package to provide various relief measures for the poor amid downturn caused by the coronavirus outbreak. Market sentiment also improved after the US Senate unanimously passed...
Furore in stock markets across the world
Heavy selling started in Indian stock market The Dow Futures slipped more than 1250 points amid poor global cues. The trend stopped at S&P FUTURES for a short time after a 5 per cent fall. Here, NIKKEI in Asia is trading down 6 per cent. SGX NIFTY also has a...
FPI withdraws Rs 13,157 crore from market so far in March
New Delhi: Foreign portfolio investors (FPIs) have net sales in the first five trading days of March, aside from the six-month buying trend. FPI has withdrawn a total of Rs 13,157.12 crore from Indian capital markets during this period. Investors' perception has been affected amid growing concerns over the Corona...
Sensex slips nearly 900 points on Yes Bank Crisis
Mumbai: Yes Bank crisis also hit the market and the Nifty closed below 11,000. The decline in Nifty Bank was more and the index saw a dominating sell-off of 1000 points. Let us tell you that this is the biggest decline in the last 4 years in the Bank Nifty....