Indian market closed in the red for the second consecutive day in a row on Tuesday tracking muted global cues. The S&P BSE Sensex fell nearly 500 points while the Nifty50 closed below 16500 levels. Sectorally, selling pressure was visible in IT, FMCG, capital goods, and consumer durable stocks. The S&P BSE Mid-cap and Small-cap … Read more
It turned out to be a painful week for the investors on Dalal Street as the benchmark index Sensex lost 2,943 points. The broader Nifty50, which ended below the 15,300 mark, is now just 411 points away from entering the bear zone officially. Data shows that it was the worst week for the Nifty in … Read more
NEW DELHI: The broader sentiment continues to be directionless as retail investors and FIIs turned prudent over better asset class opportunities other than equities in India and globally. This cautiousness is not new to D-Street and markets have been more or less tepid since the beginning of November. Amongst sectors, BSE IT was the biggest … Read more