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Source: Live Mint Indian stock markets have been on a persistent downtrend, marking five consecutive months of losses. The market selloff showed no signs of easing on Monday, March 3, as the 30-share Sensex declined over 400 points in intraday trade, while the Nifty 50 slipped more than half a percent, approaching the 22,000 mark….
Source: Live Mint On a day when trading volumes were low, the Indian markets continued their downward spiral for the fifth straight session on Monday. Benchmark indices slid more than 1% each to their respective eight-month lows, wiping out a staggering ₹4,34,579 crore in investor wealth in a day. Total turnover on NSE—at ₹71,947.32 crore—was…
Source: Live Mint Earnings have seen a 10% downgrade for FY25, affecting large-, mid-, and small-caps alike, said Trideep Bhattacharya, president and chief investment officer-equities at Edelweiss Asset Management Company Ltd, which oversees equity assets totalling nearly ₹23,000 crore. This broad-based reduction suggests a gradual recovery, rather than an immediate rebound, he said, adding, “We…
Source: Live Mint Rohit Murarka, Business Head, Kotak Cherry believes the market is expecting some kind of stimulus in the budget as the overall economy, especially demand conditions, is facing a slowdown. Murarka suggested that investors diversify investments across various asset classes like equities, fixed income, real estate, and commodities. This strategy helps mitigate risks…
Source: Live Mint Foreign portfolio investors (FPIs) have withdrawn ₹64,156 crore from the Indian equities market so far in January 2025, in an unabated exodus amid Rupee depreciation, rise in United States bond yields and expectations of an overall tepid earnings season, according to a PTI report. The selling shows a reversal in investor sentiments…
Source: Live Mint Foreign institutional investor (FII) Baillie Gifford, on January 23, said that it has acquired over 6,000,000 equity shares of Equinox India Developments Limited. “This is to inform you that Baillie Gifford & Co (“BG”) has, on account of certain contractual arrangements, acquired / been delegated voting rights in relation to 6,000,000 equity…
Source: Live Mint Mumbai: Donald Trump’s sabre-rattling before and after his swearing-in sent the Indian markets scurrying for cover on Tuesday, with benchmarks Nifty 50 and S&P BSE Sensex tumbling to their respective seven-month lows. Investors were already in a sombre mood, thanks to sluggish corporate earnings, foreign investor sell-offs, and pre-budget jitters. The uncertainty…
Source: Live Mint Stock Market Today: Oberoi Realty share price gained during the intraday trades on Friday and on a day when benchmark indices saw corrections of more than half a per cent. The gains in Oberoi Realty share price was despite US-based FII Invesco trimming stake in company. Invesco trims stake in Oberoi Realty…
Source: Live Mint The stock market slid on Monday in response to tremendous selling pressure on concerns around the HMPV virus, and on foreign institutional investors (FII) sell-off, resulting in benchmark indices declining by over 1.5 per cent. Amid all this, sectoral indices witnessed steep losses and the worst-affected sectors included Nifty PSU Bank, Metal,…
Source: Live Mint Fresh virus fears rode on other weak signals to send the markets tumbling on Monday, wiping out ₹11 trillion of investor wealth in a day. Benchmarks BSE Sensex and NSE Nifty crashed more than 1.5% each, and fear gauge Vix rose the most in four months. News of two cases of the…
