After a sharp rise in early trading, Indian markets fell today amid excessive volatility. The top-line NSE Nifty 50 Index fell 0.95% to close at 15,030, after rising to 15,336 in early trading. The Sensex lost nearly 500 points to finish at 50,792, after hitting 51,821 in the day’s high. …
Read More »BSE, NSE closed today for Guru Nanak Jayanti; trading on MCX will start at 5pm
The Indian currency, debt and equity markets – BSE and NSE – are closed today for Guru Nanak Jayanti. Financial markets will resume operations on Tuesday, December 1. However, the MCX commodities exchange will open for the afternoon session, from 5:00 pm to 11:30 pm. The morning session at MCX, …
Read More »Investors lose Rs 2.2 million lakh in one day as Sensex falls nearly 700 points
Indian stocks fell today from record highs as investors posted gains. The Nifty 50 index, which had hit a record high of 13,145 in early trading, fell 1.5% to 12,858. The Sensex fell almost 700 points to 43,828, sweeping ₹Rs 2.2 crore lakh of investor wealth. Ashis Biswas, head of …
Read More »Covid-19 Vaccine, Related Updates, F&O Expiration To Drive D-Street Next Week
NEW DELHI : Indian equity markets are likely to experience volatility this week due to concerns about rising coronavirus cases and expiration of derivatives contracts, analysts said. Furthermore, progress around the COVID-19 vaccine, related updates, US stimulus talks and global signals would dictate the market trend, traders said. “Looking ahead, …
Read More »Sensex ends the record streak today with a sharp drop. What the analysts say
Indian stock markets fell sharply today on earnings reserve from recent highs as investors became cautious. The S&P BSE Sensex closed down 580 points, while the NSE Nifty 50 index fell 1.3%. Global stocks mostly fell today amid anxiety over the economic fallout from rising coronavirus infections in the United …
Read More »Many positive analysts about the markets for Samvat 2077
Indian stock markets ended the Hindu calendar year Samvat 2076 on a positive note as the benchmark Sensex and Nifty indices ended moderately higher on Friday. For the year as a whole, Samvat 2076 delivered smart returns for investors with Sensex gaining 11%, although the ride was highly volatile. The …
Read More »In 7 days, Sensex rises 3,660 points to scale new highs. What the analysts say
India’s major stock indices climbed to new highs for the second day in a row as euphoria over Pfizer’s coronavirus vaccine raised hopes for a global economic recovery. Led by a rally among banking and financial stocks, the NSE Nifty 50 Index today rose 1.36% to 12,631, while the BSE …
Read More »Sensex drops 800 points, ₹ 4 lakh crore wiped out. Why did the markets crash today?
Investors lost more than ₹4 crore lakh today as the Indian markets fell sharply. The increase in coronavirus cases at home and abroad affected investor confidence. The broader NSE Nifty 50 Index fell roughly 2.5% to 11,222, while the benchmark S&P BSE Sensex Index sank more than 800 points to …
Read More »Is there a deeper market correction on the cards? This is what the analysts say
Indian stock markets closed sharply lower today, following a selloff in other global markets after an overnight slide in tech stocks on Wall Street. The top-line NSE Nifty 50 Index closed 1.68% lower at 11,333.85, while the S&P BSE Sensex was down 1.63% or 633 points at 38,357.18. During the …
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