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December 19, 2024 12:20 PM

Sensex, Nifty plunge after US Fed signals fewer rate cuts for 2025

India's benchmark indices opened sharply lower on Thursday, mirroring a global sell-off after the US Federal Reserve signaled fewer rate cuts for 2025. The Nifty 50 index plunged 1.33%, shedding 321 points to open at 23,877.15, while the BSE Sensex dropped 1.44%, falling 1,153.17 points to open at 79,029.03. The downturn comes as investors reacted to the Fed’s reduced rate cut expectations, which dashed hopes of robust economic stimulus and easing inflation. The ripple effect triggered sharp...

December 17, 2024 1:14 PM

Sensex, Nifty decline as trade deficit, weak exports weigh on investor sentiment

Indian stock markets opened lower on Tuesday as weak export data and a record-high trade deficit in November dampened investor sentiment. The Nifty slipped 0.3% to 24,599 points as of 09:20 a.m, while the Sensex fell 0.3% to 81,492.02. Market experts cited the widening trade deficit as the key factor affecting sentiment. Ajay Bagga, a banking and market expert, emphasized the implications of November’s trade deficit, which surged to a record $37.8 billion from $27.1 billion in October. "The ...

December 16, 2024 11:15 AM

Indian share market opens lower, auto and IT stocks drag

The Indian stock market opened in the red on Monday, with selling pressure observed in Nifty's auto, IT, PSU bank, pharma, and metal sectors. At around 9:32 am, the Sensex was trading at 81,876.95, down by 256.17 points or 0.31%, while the Nifty was at 24,705.60, declining by 62.70 points or 0.25%. Despite the decline, the market trend remained broadly positive. On the National Stock Exchange (NSE), 1,170 stocks were trading in the green, while 571 stocks were in the red. Akshay Chinchalkar o...

December 13, 2024 10:51 AM

Nifty, Sensex decline amid weak global cues, Fed rate cut anticipation

India's benchmark indices opened lower on Friday, weighed down by weak global cues and uncertainty ahead of the U.S. Federal Reserve's expected rate cut next week. The Nifty slipped by 50.35 points, or 0.21 percent, to open at 24,498.35, while the Sensex dipped by 77.51 points, or 0.10 percent, to start at 81,212.45. Market analysts attributed the cautious sentiment to weak global signals, particularly as investors await the Fed's rate cut decision. Despite the current dip, experts predict a p...

December 12, 2024 10:36 AM

Sensex, Nifty open flat as markets await CPI data

India’s benchmark indices opened flat on Thursday, ahead of the release of crucial Consumer Price Index (CPI) inflation data. The Nifty 50 slipped by 37.35 points, or 0.15 percent, to 24,604.45, while the Sensex dipped 49 points, or 0.06 percent, to 81,476.76. Market experts predict volatility due to the expiry of futures and options (F&O) contracts later today. Ajay Bagga, a banking and market expert, said: “The markets are consolidating within a tight range. Expect some volatility du...

December 11, 2024 11:03 AM

Sensex, Nifty muted as investors await US consumer inflation data

India's benchmark indices opened flat on Wednesday, entering a consolidation phase as investors awaited key US consumer inflation data. The Nifty edged up by 10.45 points, or 0.04 percent, to 24,620.50, while the Sensex gained 58.34 points, or 0.07 percent, to 81,568.39. Market experts highlighted the significance of the US Consumer Price Inflation (CPI) report, which is expected to influence global markets. However, the consolidation in Indian markets is expected to continue, with the possibi...

December 10, 2024 10:25 AM

Sensex, Nifty open flat as markets enter consolidation phase

India’s benchmark indices opened flat on Tuesday amid a rally in Asian markets. The Nifty edged up by 33.65 points, or 0.14 percent, to 24,652.65, while the Sensex added 67.50 points, or 0.08 percent, to open at 81,575.96. Market experts suggest that the ongoing consolidation phase is likely to persist. The risk of a downturn, driven by the Syria crisis, has eased, with analysts predicting a potential rally by the end of the year. Ajay Bagga, a banking and market expert, said: "We expect ano...

December 2, 2024 5:51 PM

Markets rally amid positive cues; Sensex, Nifty surge ahead

India's benchmark indices closed higher on Monday, recovering from a subdued start. Both benchmark indices posted notable gains, reflecting strong investor sentiment    The Sensex rose by 445.29 points (0.56%) to settle at 80,248.08, while the Nifty 50 advanced by 142.90 points (0.59%) to close at 24,274.00. Out of the 50 Nifty-listed stocks, 31 ended in the positive territory, while 18 saw declines.   Top-performing stocks included Ultratech Cement, Apollo Hospitals, Grasim Industries, S...

November 28, 2024 11:09 AM

Sensex, Nifty open flat; realty stocks shine

India’s benchmark indices remained muted in early trade on Thursday, with buying seen in the realty sector. The Sensex dropped 40.02 points, or 0.05 percent, to 80,194.06, while the Nifty inched up by 2.35 points, or 0.01 percent, to 24,277.25 as of 09:39 AM. Market sentiment was positive, with 1,792 stocks advancing and 464 declining on the National Stock Exchange (NSE). Among sectoral indices, Nifty Bank rose by 224.35 points, or 0.43 percent, to 52,526.15. The Nifty Midcap 100 index gain...

November 27, 2024 4:53 PM

Sensex, Nifty end higher led by energy, commodities stocks

India's benchmark indices closed higher on Wednesday, driven by strong buying in the energy, commodities, and public sector enterprise (PSE) sectors. The Sensex gained 230.02 points, or 0.29 percent, to close at 80,234, while the Nifty rose by 80.40 points, or 0.33 percent, finishing at 24,274.90. Shares of Adani Group companies surged sharply, with Adani Power soaring by 20 percent, closing at Rs 525.15 after a rise of Rs 87.50. Adani Enterprises Ltd jumped 11.56 percent to Rs 2,399, while Ad...

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Last Updated: 22nd Dec 2024