Sensex Falls Over 750 Points From Day’s High, Nifty Below 8,550

The S&P BSE Sensex and NSE Nifty 50 indexes came off intraday highs as the relief package announced by the government failed to enthuse investors, analysts said. The Sensex fell over 700 points from the day’s highest level and Nifty slipped below the important psychological level of 8,550. Earlier in the day, Sensex had rallied […]

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Sensex Surges 900 Points, Nifty Reclaims 7,900 Amid Wild Swings Due To Volatility

The S&P BSE Sensex and NSE Nifty 50 indexes were witnessing wild swings amid heightened volatility a day after the benchmarks witnessed their worst day in the history. The benchmarks staged a gap up opening wherein the Sensex surged as much as 1,482 points and the Nifty 50 index surpassed its important symbolical level of […]

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Indian Stocks Rebound Sharply, But Suffer Worst Week Since 2009

Indian stocks recovered strongly from an initial plunge to close about 4 per cent higher on Friday, as investors picked up beaten-down stocks amid rising hopes of coordinated stimulus measures to contain the impact of the coronavirus outbreak. The indexes plummeted more than 10 per cent earlier in the session, triggering a trading halt for […]

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Sensex, Nifty End Volatile Session On A Flat Note

The S&P BSE Sensex and NSE Nifty 50 indexes ended Wednesday’s session on a flat note as gains in Reliance Industries, ICICI Bank, HDFC Bank and Hindustan Unilever were offset with losses in Infosys, State Bank of India, IndusInd Bank and Tata Consultancy Services. The benchmarks witnessed wild swings intraday trading as the Sensex moved […]

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As Oil Shocks Markets, What Government’s Top Economic Officer Says

A top government official said there’s no need for the government to take immediate steps to support the economy following a crash in oil prices that has sent financial markets into a tailspin. “No measures are required because these are exogenous factors on which sometimes markets react,” Economic Affairs Secretary Atanu Chakraborty told Bloomberg News […]

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Sensex, Nifty Off Day’s Highs; Reliance Industries, ICICI Bank Top Losers

The S&P BSE Sensex and NSE Nifty indexes came off intraday high levels in last hour of trade as heavyweights like Reliance Industries, ICICI Bank, Axis Bank, Tech Mahindra and Power Grid came under selling pressure. The Sensex which rose as much as 478 points and Nifty 50 index which touched an intraday high of […]

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Sensex, Nifty End Lower As Rising Coronavirus Cases Weigh On Sentiment

Overall market breadth was extremely bearish as 1,838 shares closed lower on the BSE. The S&P BSE Sensex and NSE Nifty 50 indexes ended lower after a day’s pause from the worst seven-day rout of 2020 in the previous session as rising cases of deadly coronavirus in the country dampened investor sentiment. The Sensex slumped […]

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Rupee Breaches 73/Dollar Mark, Falls To Over 15 Month Low Amid Virus Scare

Rupee closed at 73.29, down 56 paise on Tuesday The rupee on Tuesday extended its poor run as it fell below the psychological mark of 73 against the US dollar. The local unit closed at 73.29, down 56 paise, from its yesterday’s closing figure. As the uncertainty over coronavirus spooked investors, the domestic currency has now slipped […]

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Sensex, Nifty Snap Worst Losing Streak Of 2020 On Strong Global Cues

All sector gauges compiled by BSE ended higher led by the Metal index’s nearly 6 per cent surge. The S&P BSE Sensex and NSE Nifty 50 indexes snapped their seven-day losing streak, the worst spell of losses of 2020, led by gains in metal, healthcare, energy and power shares. The Indian equity benchmarks staged biggest […]

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