Feedback | Thursday, November 21, 2024

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November 14, 2024 4:54 PM

Indian stock market extends losses for 6th consecutive session

India's benchmark stock indices slumped for the sixth consecutive session, closing at multi-month lows as persistent market pressures weighed on investor sentiment. The Sensex dropped by 110.64 points, or 0.14%, closing at 77,580.31, while the Nifty fell by 26.35 points, or 0.11%, ending the day at 23,532.70. Sectoral performance was mixed, with indices for Nifty Bank, Auto, and Media showing gains, while FMCG, Pharma, and PSU Bank sectors were in the red. HUL, BPCL, Tata Consumer, Nestle, Bri...

November 11, 2024 5:23 PM

Sensex, Nifty end flat amid continued volatility

India's benchmark indices closed flat on Monday, as market sentiment remained subdued due to disappointing quarterly earnings and ongoing foreign outflows. The Nifty slipped marginally by 0.03% to 24,141.3 points, while the Sensex edged up by just 0.01% to 79,496.15 points. Despite the market’s indecision, Systematic Investment Plans (SIPs) showed resilience, with monthly contributions rising to Rs 25,323 crore in October from Rs 24,509 crore in September, reflecting sustained investor confi...

November 7, 2024 5:01 PM

Sensex declines amid weak market sentiment; Fed meeting in focus

The Indian stock market closed in the red on Thursday, with heavy selling across all sectors except PSU banks. The Sensex fell 836 points, or 1.04%, closing at 79,541.79, while the Nifty dropped by 284.70 points, or 1.16%, ending at 24,199.35. The benchmark indices saw a decline of over 1%, driven by widespread losses in major sectors. The metal sector bore the brunt of the sell-off, with auto, pharma, realty, energy, and infrastructure sectors also witnessing declines of more than 1%. Other s...

November 1, 2024 10:12 PM

Shares brighten during special one-hour Muhurat trading

Indian stock markets marked a bright beginning to the Hindu calendar year Samvat 2081, as shares rose during the special one-hour Muhurat trading session on Diwali evening. The Sensex closed 0.4% higher at 79,688 points, while Nifty ended up 0.4% at 24,300 points, bouncing back from two days of losses. All sectoral indices opened in green, maintaining gains throughout the Muhurat hour, with only Nifty IT showing a marginal dip of 0.02%. The Bombay Stock Exchange (BSE) and National Stock Exchan...

October 29, 2024 10:40 AM

Nifty, Sensex open flat amid continued selling by FIIs

India’s benchmark indices opened flat on Tuesday amid continued selling pressure from foreign institutional investors (FIIs). The Nifty slipped 10.30 points, starting at 24,328.85, while the Sensex rose by 32 points to open at 80,037.20. On Monday, both indices gained despite FIIs offloading stocks worth Rs 3,228 crore. Market experts attributed the rally to increased buying from retail investors. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said, “An intere...

October 17, 2024 5:14 PM

Sensex, Nifty slips amid weak global sentiments and geopolitical tensions

India's stock market closed lower on Thursday, with major indices witnessing sharp declines due to weak global sentiment and concerns over India's economic outlook. The BSE Sensex dropped 494.75 points, or 0.61%, to settle at 81,006.61, while the NSE Nifty fell by 221.45 points, or 0.89%, to close at 24,749.85. The market's decline was widespread, as only 9 out of the 50 Nifty-listed companies managed to post gains, while 41 saw losses. Among the top gainers were Infosys, Tech Mahindra, Power G...

October 15, 2024 5:29 PM

Stock markets end in red amid mixed global cues, profit-booking

The Indian stock market closed in negative territory on Tuesday, erasing early gains after a positive start at the opening bell. The Sensex, which opened at 81,820.12, ended the day 152.93 points down, closing at 81,667.19. Meanwhile, the Nifty fell by 70.60 points to settle at 25,057.35. The market's performance reflected cautious sentiment, with 18 of the Nifty 50 stocks advancing while 30 declined. Among the top gainers were BPCL, ICICI Bank, Bharti Airtel, Britannia, and Asian Paints, while...

October 14, 2024 9:58 AM

Sensex, Nifty open higher as geopolitical risks ease

India’s benchmark indices gained in early trade on Monday. The Nifty rose 59.20 points, or 0.24% percent, to open at 25,023, while the BSE Sensex added 195 points, or 0.24%, starting at 81,576.93. Market analysts said that the impact of China's stimulus measures and geopolitical concerns in Indian markets appears to be waning. However, they pointed out that markets are still expected to experience volatility in the near term due to the upcoming US presidential election, which is affecting glo...

October 4, 2024 10:58 AM

Selling pressure persists in stocks, Nifty and Sensex drop over 4% in five sessions

The Indian stock markets continue to face selling pressure, with the Nifty declining by more than 4% over the last five sessions and the Sensex falling by 4.3% during the same period. On Friday, the Nifty opened at 25,181.90, down by 68.20 points or 0.27%, while the Sensex dropped 252.85 points to 82,244.25, marking a 0.31% decline. Market analysts point to rising geopolitical tensions between Iran and Israel, alongside foreign investments shifting from India to China and Hong Kong, as major fa...

October 3, 2024 11:16 AM

Nifty, Sensex open with sharp decline, amid geo-political tension and SEBI regulation on F&O

Indian stock markets saw a sharp decline on Thursday, driven by concerns over new SEBI regulations on F&O and rising geopolitical tensions. The Nifty 50 index dropped 1.33%, or 344 points, opening at 25,452.85. Similarly, the BSE Sensex experienced a steep fall, losing 1,264.20 points, or 1.50%, to start the day at 83,002.09. Market experts pointed to global factors as key drivers of the downturn. The Fed’s recent rate cut, rising geopolitical tensions, and foreign investors shifting fun...

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