global markets

September 16, 2024 3:25 PM

Sensex, Nifty open near record highs as global markets surge

India's benchmark indices hovered near record highs on Friday, driven by a rally in Asian markets as investors anticipated a 50-basis-point interest rate cut by the U.S. Federal Reserve. At the opening bell, the Nifty 50 climbed to 25,430.45, marking a gain of 41.55 points or 0.16 percent. Simultaneously, the BSE Sensex reached a staggering 83,091.55 points, up by 128.84 points or 0.16 percent. This remarkable performance comes against the backdrop of rallying global markets, spurred by antici...

September 4, 2024 6:23 PM

Global markets – Nvidia sell-off, growth concerns hit markets

Shares fell globally on Wednesday, hit by a drop in tech stocks sparked by a record sell-off for U.S. chipmaker Nvidia and as expectations of fading global growth bruised riskier assets, pushing oil prices to multi-month lows and buoying bonds. European shares shed 1%, with major markets in London, Paris and Frankfurt down between 0.6% and 0.9%. Semiconductor companies were the biggest losers, with ASML Holdings dropping 5.4%. The pain was set to continue on Wall Street, where stock futures ex...

September 16, 2024 4:34 PM

Sensex falls around 1,600 points & Nifty plunges 500 points as global markets sink

Indian markets experienced one of the worst falls on Monday with both the indices Nifty, and Sensex registering high losses during the opening trade. Indian stock markets followed the global bloodbath. The Nifty 50 index declined 414.85 points or 1.68 per cent to open at 24,302.85 points while the BSE Sensex slumped 2393.76 points or 2.96 per cent to open at 78,588.19 points. In the broad market indices, all indices including Nifty Next 50, Nifty 100, Nifty Midcap, and Nifty Small cap declined...