India’s headline index, the S&P BSE Sensex, fell over 1,800 points on Thursday, marking its third-biggest decline this year. However, this is not an isolated incident, as the index has fallen by 1,000 points or more on seven other occasions in 2024. Today’s decline is the third largest of 2024, with the 30-stock index hitting … Read more
With FIIs having already withdrawn around Rs 15,000 crore in the last four days from India amid election related uncertainties, Dalal Street is worried if a lower-than-expected mandate to Prime Minister Narendra Modi will accelerate the pace of outflow in the coming days. As a part of funds are moving towards China and out of … Read more
Jun 04, 2024, 03:51:13 PM IST Sensex fell 8.5 per cent or 6,235 points on Tuesday, experiencing its biggest drop since March 2020, when the world was reeling from the impact of Covid-19. Sensex erased all gains it made in the 2024 calendar year and fell below the 70,500 threshold after the polls, indicating that … Read more
Nifty today ended 261 points lower to fall below its 100-DMA and form a long bear candle on the daily chart. The short-term trend of Nifty continues to be negative. Having moved below the support of 19,330, one may expect the Nifty to slide down to 18,825 levels-200 day EMA in the near term. Any … Read more