November 18, 2024 11:02 AM

Sensex, Nifty fall as IT, bank shares drag markets

India’s benchmark indices fell on Monday, dragged down by selling across the IT, PSU banks, and pharmaceutical sectors. The Sensex slipped 333.13 points, or 0.43%, to 77,247.18, while the Nifty declined 98.70 points, or 0.42%, to 23,434.00 by 9:51 AM. Market breadth was negative, with 1,794 stocks declining and only 572 gaining, indicating broad-based selling pressure. Sector-wise, the Nifty Bank gained 21.25 points (0.04%) to 50,200.80. However, the Nifty Midcap 100 dropped 212.65 points (0...

November 14, 2024 11:51 AM

Sensex, Nifty open flat as foreign outflows and weak earnings weigh on markets

India's benchmark indices opened flat on Thursday, pressured by ongoing foreign outflows and underwhelming corporate earnings. The Nifty dipped 16.90 points, or 0.07 percent, to 23,542.15, while the Sensex fell 54.01 points, or 0.07 percent, to 77,636.94. Most sectoral indices opened in the red, except for Nifty Auto, Nifty Metal, and Nifty Realty. Nifty Consumer Durables faced significant selling pressure. Market analysts predict the bearish trend will persist until Donald Trump assumes offi...

November 13, 2024 5:01 PM

Indian stocks slide to multi-month lows amid persistent sell-off

Indian equities continued their downward trend for the fifth consecutive session on Wednesday, with major indices closing significantly lower as concerns over macroeconomic challenges and foreign fund outflows weighed on sentiment. The BSE Sensex dropped 984 points, or 1.25 percent, to close at 77,690, while the NSE Nifty declined by 324 points, or 1.36 percent, to end at 23,559, both touching multi-month lows. This week alone, the Sensex has lost 1,795 points, or 2.26 percent, while the Nifty ...

November 12, 2024 10:06 AM

Indian markets open flat, Bharti Airtel and ICICI Bank lead early gains

The Indian stock market opened flat on Tuesday as buying was seen in realty, media, IT, PSU bank, financial services and pharma sectors in early trade. Sensex was trading at 79,584.29 after rising 88.14 points or 0.11 per cent. At the same time, Nifty was trading at 24,172.95 after rising 31.65 points or 0.13 per cent. The market trend remained positive. On the National Stock Exchange (NSE), 1,525 stocks were trading in green, while 651 stocks were trading in red. Nifty Bank was at 52,933.60 ...

November 8, 2024 4:57 PM

Sensex, Nifty end week in red as FII outflows continue; rupee hits record low

Indian stock markets closed lower on Friday, capping a week marked by sustained selling from foreign institutional investors (FIIs). The BSE Sensex declined by 55.47 points (0.07%) to settle at 79,486.322, while the Nifty 50 declined 51.15 points (0.21%), closing at 24,148.20. Among the sectoral indices, Public Sector Undertaking (PSU) Banks, Media, Realty, and Oil & Gas emerged as the biggest losers, according to NSE data. FII outflows continued to impact the markets, as foreign investors...

November 7, 2024 10:46 AM

Sensex, Nifty open flat as investors await Fed rate decision

India's benchmark indices opened flat on Thursday, following a sharp rally in the previous session driven by Donald Trump’s victory in the U.S. presidential election. Investors adopted a cautious stance ahead of the U.S. Federal Reserve's interest rate decision, which is expected later in the day. The BSE Sensex fell by 139.48 points, or 0.17 percent, to open at 80,238.65, while the Nifty dropped 53.00 points, or 0.22 percent, to 24,431.00. Market breadth remained positive, with 1,559 shares...

November 6, 2024 11:31 AM

Nifty, Sensex open higher as U.S. election vote count drives investor sentiment

India’s benchmark indices rose on Wednesday as investors monitored the U.S. presidential election results, with Republican Donald Trump initially leading against Democrat Kamala Harris. The Nifty index gained 95 points, or 0.39%, to open at 24,308.75, while the Sensex climbed 295 points, or 0.37%, to 79,771.82. Ajay Bagga, a banking and market expert, said: "Vote counting in the U.S. has started, and markets are reacting to every news update, as expected. Election Day may extend into Electio...

November 5, 2024 5:28 PM

Sensex, Nifty rebound; investors eye US elections

The Indian stock market gained on Tuesday after witnessing significant volatility during the trading session. The Sensex rose by 694.39 points, or 0.88% to end at 79,476.63 points, while Nifty 50 index gained 217.95 points, or 0.91% to close at 24,213.30. Market data indicated that sectors such as Nifty Bank, Financial Services, Metal, PSU Bank, and Private Bank were among the top performers. Volatility marked the trading session with the Sensex plunging around 1500 points before recovering. F...

October 31, 2024 10:22 AM

Nifty and Sensex remain flat amid Mahurat session

Indian markets opened largely flat this Diwali, with no major shifts to mark the festive trading day. During the Mahurat trading session on Friday, both the Nifty and Sensex indices showed minor declines, struggling amid a tug-of-war between bullish and bearish sentiments. The Nifty index saw a slight dip, down by 0.06 percent to 24,326.75 points, while the BSE Sensex index also hovered near its previous level, slipping by 0.10 percent to 79,859.62 points. Market analysts pointed out the need f...

October 25, 2024 5:03 PM

Sensex, Nifty extend losses as FIIs, weak earnings weigh on markets

India’s benchmark indices declined for the fifth consecutive day on Friday, weighed down by foreign outflows and disappointing corporate earnings. The Sensex fell 662.81 points to close at 79,402.29, while the Nifty dropped 218.60 points, ending the day at 24,180.80. Out of the Nifty-listed companies, 38 stocks declined, with only 12 advancing, highlighting a broad-based sell-off across sectors. The top Nifty gainers were ITC, Axis Bank, Bharat Electronics Limited (BEL), Britannia, and Hind...