Concerns over sluggish earnings growth, premium valuations, and uncertainty surrounding U.S. trade policies fueled the sell-off. India’s benchmark indices, Sensex and Nifty, ended marginally lower for the third session on February 20, dragged lower by financial stocks as global trade tensions weighed on investor sentiment. Concerns over sluggish earnings growth, premium valuations, and uncertainty…
Gains in heavyweight financials offset losses in pharma stocks, which fell after U.S. President Donald Trump’s tariff threats. While the pharma tariffs could impact sentiment in the short to medium term, analysts believe the effect may not be long-lasting. Sensex and Nifty ended flat for the third session in a row ahead of the FOMC meeting…
Market crash: Sensex ended 29 pts lower at 75,967 and Nifty closed 14.20 pts lower at 22,945 on Tuesday. The minor correction in the current session comes after a day of gains preceded by eight sessions of losses. The ongoing correction dragged the market cap of BSE-listed firms below Rs 4 lakh crore (on…
Domestic brokerage firms Kotak Institutional Equities do not find much value in most parts of the market despite the recent sharp correction in the market. Domestic equity markets have been witnessing relentless sell-off with benchmark indices falling nearly 12 per cent from their 52-week highs, while the broader markets indices- BSE midcap index and…
Broader indices also witnessed a similar trend wherein midcap managed to close with modest gains while smallcap closed flat. Sensex and Nifty ended their eight-day losing streak on Monday as fag-end buying helped markets recover from intraday losses, driven by value buying in blue-chip stocks. Sensex climbed 57.65 points or 0.08 percent to close at 75,996.86.…
The pain was much deeper in the broader market as Nifty Smallcap 100 and Nifty Midcap 100 tumbled 3.55 per cent and 2.41 per cent, respectively. Domestic benchmarks continued their losing run for the eighth consecutive trading session on Friday as all sectoral indices dragged. The pain was much deeper in the broader…
The weekly options data indicated that the Nifty 50 may remain in the range of 22,500-24,000, with an immediate hurdle at 23,200-23,400 on the higher side. The Nifty 50, as expected, rebounded to near 23,250 intraday, but the sell-on-rise strategy remained at the forefront, which resulted in wiping out all those gains and closing flat…
Sensex has declined by 2,412.73 points or 3.07 percent, while the Nifty has lost 694 points or 2.92 percent, since February 4. Sensex, Nifty remained volatile in trade on February 12 after five consecutive days of decline, ultimately ending flat amid mixed cues. Benchmark indices Sensex and Nifty witnessed sharp intraday volatility on Wednesday, reversing…
From Donald Trump’s tariff imposition to continued FII selling, here are key reasons for the market crash on February 11, 2025 Indian equities slumped in trade on Tuesday, February 11, 2025. The BSE Sensex crashed 1,281 points or 1.65 per cent and logged an intraday low at 76,030.59. Meanwhile, the National Stock Exchange (NSE) Nifty breached…
The FM said that the main goals of the Budget are to accelerate growth, invigorate private investment, promotion of MSMEs, employment led development. Finance Minister Nirmala Sitharaman quoted former RBI governor Raghuram Rajan to explain the fall in the value of the rupee. She said that the currency volatility across major countries is reaqlly extensive…