Indian equities rallied over 2% this morning – following its Asian peers – as US President Donald Trump hinted at relief from steep tariffs in the automobile sector. Sensex, the 30-pack index of the Bombay Stock Exchange opened over 1,500 points higher while Nifty regained the 23,000 level, boosted by a surge in automobile stocks. … Read more
New Delhi: Investors’ wealth eroded sharply by Rs 20.16 lakh crore on Monday morning as the benchmark indices faced heavy drubbing, with the Sensex dropping over 5 per cent, amid a global market meltdown due to growing trade war concerns. The 30-share BSE benchmark tumbled 3,939.68 points or 5.22 per cent to 71,425.01 in early … Read more
New Delhi: Benchmark BSE Sensex tanked over 350 points while the NSE Nifty 50 lost 70 points in the early trade on Tuesday after US President Donald Trump said his proposed tariffs on Canada and Mexico would go into effect as planned. The Sensex lost 0.45% to 72,753, while the Nifty fell 0.64% to 21,979. … Read more
New Delhi: Investors’ wealth tumbled by Rs 7.46 lakh crore in morning trade on Friday, in-tandem with a sharp decline in the domestic equity market, with the benchmark Sensex plunging over 1,000 points following a bearish trend in global equities. Fresh tariff threats that ignited global trade war fears and relentless foreign fund outflows dented … Read more
Mumbai: The Indian stock market ended the week on a weak note, with the Sensex declining 424.90 points to close at 75,311.06, while the Nifty fell 149.95 points, settling at 117.25. Persistent concerns over global economic conditions and foreign institutional investor (FII) outflows weighed on investor sentiment. Among Nifty 50 companies, only 13 stocks advanced, … Read more