The National Stock Exchange’s benchmark Nifty index, which has lost 1.45% in the past two sessions, ended 0.8% lower at 19,742.35 on Thursday. The Sensex, too, ended 0.85% lower at 66,230.24. The US Fed kept interest rates unchanged at the 5.25-5.5% target range, as anticipated. However, the majority of Fed officials favoured at least one more rate hike this year, signalling a likelihood of interest rates remaining higher for…
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share broker reacts as Sensex & Nifty prices plummet. | Photo Credit: ANI Equity benchmark indices Sensex and Nifty buckled under selling pressure for the third straight session to settle nearly 1% lower on Thursday as investors pared exposure to auto, banking and financial shares amid a sluggish trend in global markets. Global equities fell after the U.S. Federal Reserve signalled that they expect to raise rates once more…
Read More »NEW DELHI: Both Indian indices – sensex and Nifty – continued their decline for the third consecutive session on Thursday, primarily driven by fears of a more hawkish stance of the US Federal Reserve.The BSE benchmark sensex fell by 570 points to close at 66230. The Nifty suffered a decline of 159 points to end at 19742.Both indices have experienced a decline of roughly 2% over the course of…
Read More »Representational image only. File | Photo Credit: Reuters Equity benchmark indices declined in early trade on September 21, falling for the third day running, due to a weak trend in global markets and foreign fund outflows. Global equities fell after the U.S. Federal Reserve signalled that they expect to raise rates once more this year to fight inflation. The 30-share BSE Sensex fell 333.64 points to 66,467.20. The Nifty…
Read More »NEW DELHI: Tracking Asian peers, both Indian indices-sensex and Nifty-opened lower on Thursday.The BSE bench mark sensex was down over 190 points and Nifty was down by over 80 points and trading below 19,000-mark.The risk sentiment is anticipated to remain muted following the US Federal Reserve’s indication that it foresees higher interest rates persisting for an extended period.The US Federal Reserve decided to maintain its current interest rates on…
Read More »The Indian rupee opened 2 paise lower against the US dollar on Thursday amid a jump in US Treasury yields after the US Federal Reserve officials indicated that interest rates were likely to remain higher for longer. The local currency opened at 83.09 as compared to previous close of 83.07. The US dollar index, which measures the currency against a basket of rivals, rose to a six-month high of…
Read More »NEW DELHI, MUMBAI : Indian benchmark indices saw their steepest single-day drop in two months, declining over 1% on Wednesday, dragged down by selling in HDFC Bank and other index heavyweights. Weakness in global markets, with crude oil prices nearing $100 a barrel, also made investors cautious ahead of the US Federal Reserve’s policy meeting. The Sensex closed 1.2% down at 66,800.84 and the Nifty by a similar margin…
Read More »Stock market update. (Representative image) The domestic equity markets fell due to heavy selling in banking and oil stocks in tandem with weak global trends ahead of the US Federal Reserve’s interest rate decision Benchmark indices BSE Sensex and NSE Nifty on Wednesday fell about 796 points or over 1 per cent to 66,800.84, due to heavy selling in banking and oil stocks in tandem with weak global trends…
Read More »NEW DELHI: Both Indian indices, Sensex and Nifty, continued their downward slide on Wednesday, extending losses from the previous session.The BSE benchmark Sensex opened over 600 points down and is trading at 66,985.36. The Nifty index has slipped below 20,000-mark and is trading at 19,968.Within the Sensex companies, HDFC Bank recorded the most significant decline, with a drop of over 3 percent. Other major underperformers included Reliance Industries, Bharti…
Read More »Sensex Today | Share Market Updates: FIIs dumped a total of ₹1,236.51 crore in Indian equities on Monday as the Indian stock market ended on a muted note,. However, the DIIs continued to be net buyers and infused ₹552.55 in the Indian stock market. The Fed began its latest meeting on interest rates Tuesday, with an announcement scheduled for Wednesday. The overwhelming expectation is for the Fed to announce…
Read More »As the Indian stock market ended on a muted note, Foreign Institutional Investors (FIIs) dumped a total of ₹1,236.51 crore in Indian equities on Monday. However, the domestic institutional investors (DIIs) continued to be net buyers and infused ₹552.55 in the Indian stock market today. India’s benchmark indices ended on a lower note on Monday. Sensex and Nifty closed 240 and 60 points lower. IT and Metal emerged as…
Read More »MUMBAI: India’s blue-chip stock indexes eased from record highs on Monday, with the Sensex ending a 11-session winning streak, as investors remained cautious ahead of the US Federal Reserve’s interest rate decision.The benchmark Nifty 50 fell 0.3% to 20,133.3 points, while the S&P BSE Sensex slipped 0.4% to 67,596.8 points.Both benchmarks had gained nearly 2% each last week and closed at record highs.Sectorally, heavyweight information technology stocks led losses…
Read More »Domestic benchmark indices Sensex and Nifty hit their fresh record highs last week with frontline index Nifty50 breaching the psychological 20,000-mark on the back of strong macroeconomic indicators such as lower consumer price index (CPI) print, demand optimism in China, and hints of a pause in rate hike by the US Federal Reserve. The tone was positive from the beginning which strengthened further with rotational participation from the index…
Read More »Domestic benchmark indices Sensex and Nifty hit their fresh record highs this week with frontline index Nifty50 breaching the psychological 20,000-mark on the back of strong macroeconomic indicators such as lower consumer price index (CPI) print, demand optimism in China, and hints of a pause in rate hike by the US Federal Reserve. On Friday, September 15, Sensex closed at 67,838.63, up 320 points, or 0.47 per cent, while…
Read More »Foreign portfolio investors (FPIs) continued their selling streak and have emerged as net sellers so far in September, with a muted performance on D-Street on rising US bond yields and a stronger dollar. FPIs have sold ₹4,768 crore worth of Indian equities and offloaded a total of ₹2,968 crore as of September 8, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL )…
Read More »Image used for representational purpose only. | Photo Credit: Reuters Sensex and Nifty darted up to fresh lifetime highs on Friday, propelled by a rally in global markets and fresh foreign capital inflows. Besides, buying in telecom, auto and tech stocks also helped markets to settle with gains, traders said. Rallying for the 11th day running, the 30-share BSE Sensex jumped 319.63 points or 0.47% to settle at a…
Read More »Equity benchmark indices Sensex and Nifty hit new record peaks in early trade on Friday | file hpot | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty hit new record peaks in early trade on Friday, helped by a rally in global markets and fresh foreign inflows. Rallying for the 11th day running, the 30-share BSE Sensex climbed 255.46 points to hit its fresh all-time high of 67,774.46…
Read More »Sensex Today | Share Market Updates: FIIs took a breather off its selling spell and shifted gears on Thursday after domestic equity benchmarks Sensex and Nifty scaled fresh record-high peaks on positive macroeconomic data. The DIIs were net sellers and offloaded ₹50 crore in Indian stocks today. The ECB raised its key interest rate to an all-time record-high level on Thursday and signalled this will likely be its final…
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