January 13, 2025 4:55 PM

Indian Stock Market Plunges Over 1% Amid Mixed Cues

The Indian stock market witnessed a sharp downturn on Monday, with both the Sensex and Nifty indexes plummeting over 1% amid a mix of global and domestic pressures. Strong employment data from the United States suggested fewer rate cuts in 2025, adding to concerns about tighter monetary policies. Adding to the challenges, rising crude oil prices, a weakening rupee, and significant foreign capital outflows further dampened investor sentiment. The market sell-off resulted in a staggering loss of ...

January 13, 2025 3:24 PM

Global stocks tumble as traders cast doubt on 2025 rate cut

Global stocks fell on Monday, while the dollar hit 26-month peaks following a bumper U.S. jobs report that prompted investors to question if interest rates will fall at all this year, just as earnings season is about to get underway. A surge in energy prices has added to concern about steadily rising inflation, as crude oil topped $80 a barrel on the back of signs that Russian exports are falling as Washington has stepped up sanctions on the country. European natural gas prices have risen by 4...

January 9, 2025 5:01 PM

Indian stock market declines as Q3 results season begins

India's domestic benchmark indices ended lower on Thursday as investors awaited Q3 FY25 earnings. Selling was observed across IT, PSU banks, financial services, pharma, and auto sectors. The Sensex closed at 77,620.21, down by 528.28 points or 0.68%, while the Nifty settled at 23,526.50, losing 162.45 points or 0.69%. The Nifty Bank index finished at 49,503.5, dropping 331.55 points or 0.67%. The Nifty Midcap 100 index declined by 524.70 points or 0.93% to 55,745.90, while the Nifty Smallcap 1...

January 8, 2025 5:17 PM

Indian stock market ends flat, Nifty closes below 23,700

Benchmark indices in India closed nearly unchanged on Wednesday due to muted global cues and selling across multiple sectors, including auto, PSU banks, financial services, pharmaceuticals, metals, and real estate. The Sensex concluded at 78,148.49, a decline of 50.62 points or 0.06 percent. Meanwhile, the Nifty ended at 23,688.95, down 18.95 points or 0.08 percent. The Bank Nifty index dropped 367.10 points or 0.73 percent, closing at 49,835. The Nifty Midcap 100 index fell 598.70 points or 1...

January 2, 2025 5:14 PM

Indian markets close strong: Sensex up 1,400 points, Nifty near 24,200

Indian stock markets started the new year on a strong note as the Sensex surged by 1,400 points and the Nifty ended around 24,200 on January 2, driven by broad-based buying across sectors. Sensex closed at 79,943.71, reflecting an increase of 1,436.30 points. Meanwhile, the Nifty ended at 24,188.65, up by 445.75 points or 1.88 percent. Both indices also registered significant intra-day highs, with the Sensex touching 80,032.87 and the Nifty reaching 24,226.70. Banking stocks performed well, w...

January 1, 2025 4:50 PM

Benchmark indices close higher on first day of 2025

India's benchmark stock indices closed higher on the first trading day of 2025. Gains were recorded across sectors such as auto, IT, PSU banks, financial services, pharmaceuticals, FMCG, media, energy, and private banks on the National Stock Exchange (NSE). The Sensex closed at 78,507.41, up 368.40 points or 0.47%, while the Nifty ended at 23,742.90, up 98.10 points or 0.41%. The Nifty Bank index rose to 51,060.60, gaining 200.40 points or 0.39%. The Nifty Midcap 100 index added 251.45 points,...

December 27, 2024 5:26 PM

Share market ends in green, Sensex closes at 78,699

The Indian stock market concluded Friday's session with gains across multiple sectors. Pharma, auto, IT, financial services, FMCG, media, and private banks on Nifty saw active buying, boosting the overall sentiment. The Sensex rose by 226.59 points, or 0.29%, to close at 78,699.07, while the Nifty 50 index gained 63.20 points, or 0.27%, ending at 23,813.40. Nifty Bank advanced by 140.60 points, or 0.27%, settling at 51,311.30. However, the broader indices presented a mixed picture. The Nifty M...

December 24, 2024 4:17 PM

Indian share market ends flat ahead of christmas

The Indian stock market closed flat on Tuesday, influenced by selling pressure in sectors like IT, financial services, pharmaceuticals, PSU banks, metals, and realty. At the end of the trading day, the Sensex closed at 78,472.87, marking a decline of 67.30 points or 0.09 percent. The Nifty settled at 23,727.65, down 25.80 points or 0.11 percent. The Nifty Bank index ended at 51,233, losing 84.60 points or 0.16 percent. The Nifty Midcap 100 index fell by 35 points or 0.06 percent to close at 57...

December 23, 2024 4:53 PM

Stock market gains nearly 500 points amid positive global cues

After a week of losses, Indian equity markets closed on a positive note on Monday, buoyed by strong global cues. The domestic benchmark indices, Sensex and Nifty, rebounded after witnessing a near 5% decline over the past five consecutive trading sessions. Realty and PSU bank stocks led the rally in the Nifty, driving the market upwards. At the close, the Sensex settled at 78,540.17, marking a gain of 498.58 points or 0.64%, while the Nifty ended at 23,753.45, up 165.95 points or 0.70%. The N...

December 20, 2024 4:57 PM

Indian stock markets decline over 1.4% amid global selloff

The Indian stock market faced a sharp decline on Friday, shedding over 1,000 points, following indications from the US Federal Reserve of a cautious approach to interest rate cuts. Major selling was observed in Nifty’s realty and PSU bank sectors. By the end of trading, the Sensex settled at 78,041.59, down 1,176.46 points, or 1.49%, while the Nifty closed at 23,587.50, declining 364.20 points, or 1.52%. Krishna Appala from Capitalmind Research attributed the market's current state to stock-...