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Source: Live Mint Sensex crash: The Indian stock market ended the current week with hefty losses. The benchmark Sensex plunged over 4,000 points, while the Nifty dropped below its 200-day exponential moving average (DEMA) of around 23,700. On Friday, December 20, the Sensex dropped 1,343 points to the day’s low of 77,874.59 and the Nifty…
Source: Live Mint Dalal Street seems to be caught in a bearish grip, with the Indian stock market witnessing a sharp correction for over a month now. Both Sensex and Nifty 50 have taken a tumble, shedding over 10% each from their record highs – enough to make even the boldest bulls a little jittery….
Source: Live Mint Indian stock market faced a sharp correction in October, driven by sustained selling from Foreign Portfolio Investors (FPIs), who shifted to more attractively valued markets like China amid weaker domestic corporate earnings. According to data from the National Securities Depository Ltd (NSDL), FPIs recorded net sales of ₹94,017 crore in Indian equities…
Source: Live Mint Reliance Industries share price plummeted by 4% on Monday, reaching a nine-month low amid heavy selling pressure. This sharp decline has turned Reliance shares’ year-to-date (YTD) returns negative. During intraday trading on the BSE, RIL stock price dropped by as much as 4.03%, hitting a low of ₹1,285.10 per share, with the…
Source: Live Mint Foreign Portfolio Investors (FPIs) have been persistently offloading Indian equities throughout October, shifting focus towards more affordable markets, such as China. As of October 17, FPI outflows from the Indian stock market have reached a substantial ₹70,398 crore (approximately $8.38 billion), following robust inflows of ₹57,724 crore in the preceding month. This…
Source: Live Mint The Indian benchmark indices – the Sensex and the Nifty – have offered decent returns to investors so far this year, rising 13-15%. However, this rally has not been linear. This week alone, on Thursday, October 4, the benchmark indices experienced their worst single-day drop in over two months. This decline can…
Source: Live Mint The Indian stock market crashed on Thursday, 3 October, with benchmark indices Sensex and Nifty 50 witnessing sharp declines of over 2 per cent each, driven by escalating geopolitical tensions in the Middle East and weak global cues. The broader markets followed suit, with Nifty Midcap and Nifty Smallcap indices tumbling more…
Source: Live Mint Indian stock market benchmark indices, Sensex and Nifty 50, opened over a percent lower on Thursday amid weak global cues as escalating geopolitical tensions in the Middle East raised fears of a full-fledged Iran-Israel war. The Sensex crashed 1,264.20 points, or 1.50%, to open at 83,002.09, while the Nifty 50 opened 344.05…
