Domestic investors were left a worried lot over reports of a likely faster and longer period of interest rate hikes from the US Federal Reserve. Indian equity markets posted their biggest one-day drop in over two weeks on Thursday, snapping a three-session winning streak, dragged by index heavyweight Reliance, ICICI Bank and IT stocks. The … Read more
In tune with most of the Asian peers, Indian equity indices closed in the red for the sixth consecutive day on Friday, dragged by the HDFC twins, banking and IT stocks. It was their worst week in over 8 months on fears of aggressive interest rate hikes by global central banks and a fall in … Read more
Ahead of the Reserve ‘s monetary policy decision tomorrow and commentary from Federal Reserve Chair Jerome Powell tonight, Indian equity indices apparently struggled for direction before closing in the red for a second straight day on Tuesday, dragged by IT, auto and metal stocks. The BSE Sensex index ended 215 points or 0.36% lower at … Read more
Ahead of the US inflation report later in the day, investors remained on edge on Dalal Street as equity indices closed in the red for the third straight day on Thursday in a volatile trading session. Index heavyweight , banking and financial stocks were a drag on the indices. The BSE Sensex index ended 147 … Read more
Indian shares lacked direction on Wednesday in the lead up to the key US inflation data on Thursday with both bulls and bears failing to make a headway. Equity indices closed flat in a highly volatile session. Gains of banking, financial and IT stock were offset by , and . The Nifty50 index ended 18 … Read more
Benchmark equity indices pared most of their intraday losses helped by upbeat November services activity data and ended flat on Monday. The 30-share Sensex ended 34 points lower at 62,835, while its broader peer Nifty 50 ended at 18,700 level. In the Sensex pack, , , , Dr Reddys Lab, , and were among the … Read more
Benchmark equity indices closed lower on Friday after 8 days of non-stop rally, as the spectre of recession came back to spook investors, who got busy securing profits ahead of US payrolls data in the anticipation of more cues on a shift in the Federal Reserve’s rate-hike plans. The 30-share Sensex ended 416 points lower … Read more
Tracking negative cues from global peers, benchmark equity indices snapped four-week gaining streak and closed lower for the second straight day on Friday, dragged by auto and private sector bank stocks. The 30-share Sensex ended 87 points lower at 61,663, while its broader peer Nifty 50 settled just above the 18,300 level. Among Sensex stocks, … Read more
In tandem with weak global cues, key equity indices snapped 2-day gaining streak and ended lower on Thursday, led by HDFC twins and IT stocks. The 30-share Sensex ended 230 points lower at 61,750 while its broader peer Nifty 50 ended just above the 18,350 level. Among Sensex stocks, Titan, M&M, , HDFC, Dr Reddy’s, … Read more