Sentiment soured on Monday with the S&P BSE Sensex plummeting 1,800 points in intraday trading on weak global signals. Fears of a new strain of coronavirus that has threatened the UK. The S&P BSE Sensex ended the day at 1,407 points, or 3 percent, lower at 45,553 levels. Nifty50, on …
Read More »LIVE MARKET: Indices at the low of the day, Sensex falls 300 pts; India VIX up 6%
Stockbrokers (Photo credit: Kamlesh Pednekar) LIVE market updates: India’s benchmark indices failed to sustain a slight recovery and fell more than half a percent in the midday session on Monday, with financials, auto and metals stocks the main downsides. The S&P BSE Sensex fell 350 points to 46,612 and the …
Read More »India’s rally could continue next year with banks taking over as RIL peaks
India’s record rally in equities will continue into next year, with banks and other stocks taking over as drivers of the country’s largest company, Reliance Industries Ltd., some fund managers say. Confidence has accounted for nearly a fifth of the 75 percent rise in the S&P BSE Sensex since its …
Read More »Sensex Today: Sensex Expands 446 Points; Nifty sits above 13,050 for the first time in history | India Business News
NEW DELHI: Stock indices continued to rise Tuesday with the benchmark BSE sensex rising nearly 450 points led by gains in bank stocks amid positive global signals. After hitting an intraday high of 44,602, the 30-share BSE Index rose 446 points or 1.01 percent to close at 44,523; while the …
Read More »Nifty Hits 13,000 Marks, Sensex at Record Peak – Time to Record Profit?
The dream run of national stocks reached a new pinnacle on Tuesday when the Nifty50 index surpassed the 13,000 mark for the first time. Meanwhile, the S&P BSE Sensex topped the 44,500 mark in intraday deals. A better-than-expected profit cocktail, better collection of goods and services tax (GST), better big …
Read More »There is no merit in relaxing the 10% limit on investing in individual stocks: Sebi boss
The markets regulator Securities and Exchange Board of India (Sebi) sees no merit in relaxing the 10 percent investment limit on a single share for actively managed mutual fund (MF) schemes, its boss said Wednesday. “The 10 percent limit is intended for diversification. Just because some programs outperform doesn’t mean …
Read More »Sensex Crash: Markets end bull run, Sensex drops 1,066 points: The main reasons behind this slide | India Business News
NEW DELHI: Stock indices ended a 10-day winning streak on Thursday with the benchmark BSE sensex falling more than 1,000 points, dragged down by losses in banking, financial and IT stocks amid weak signals from global markets. The 30-share BSE index fell 1,066 points or 2.61 percent to close at …
Read More »Sensex, Nifty is likely to open flat today after markets rally for 10 days
Stock Market Updates: Analysts Say Second Wave Infections Fears Hit Global Markets National stock markets suffered their worst day in three weeks on Thursday with benchmark indices breaking a rally that lasted 10 consecutive days as a record number of new COVID-19 infections in parts of Europe spooked investors across …
Read More »Sensex and Nifty fall for the sixth consecutive session: key reasons behind this fall
NEW DELHI: Stock indices ended lower for a sixth straight session on Thursday with the benchmark BSE sensex falling more than 1,100 points dragged down by metals, IT and banking stocks as fears of further pandemic restrictions kept nervous domestic investors amid strong global share sales. The 30-share BSE index …
Read More »HSBC and StanChart Shares Fall to a 22-Year Low Following Reports of Illicit Money Flows
By Alun John, Sumeet Chatterjee and Lawrence White HONG KONG / LONDON (Reuters) – Shares of HSBC in Hong Kong and those of Standard Chartered in London fell to their lowest level since at least 1998 on Monday after media reported that they and other banks, including Barclays and Deutsche …
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