Sensex Slumps Over 1,000 Points From Day’s High; Banks Under Pressure

The S&P BSE Sensex and NSE Nifty 50 indexes erased intraday gains in afternoon trading owing to weakness in heavyweights like HDFC, HDFC Bank, Kotak Mahindra Bank, Maruti Suzuki and Hero MotoCorp. The Sensex slumped as much as 1,064 points from day’s highest level and Nifty fell below the 9,000 mark. Earlier in the day, […]

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Sensex Falls Over 500 Points; Reliance Industries, HDFC Bank Top Drags

The S&P BSE Sensex and NSE Nifty 50 indexes extended losses in afternoon trading as the country looked set to extend the ongoing lockdown to contain the spread of coronavirus. A rise in oil prices also weighed on sentiment. The rupee also fell to record low against the dollar. The local unit hit a new […]

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Sensex Plunges Over 1,300 Points From Day’s High, Nifty Below 8,800

BSE Sensex Today: Sensex slumped over 1,300points from the day’s highest level. The Indian equity benchmarks reversed direction in afternoon trading as profit booking creeped in at higher levels a day after the Sensex and Nifty staged their biggest single day gain since 2009, analysts said. The S&P BSE Sensex slumped over 1,300 points from the […]

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Markets Revise Trading Rules, Hours, Circuit Breakers As Volatility Surges: Key Facts

MUMBAI: Global exchanges are changing trading rules to protect their markets from intense volatility and speculative trading as the coronavirus pandemic threatens the world economy. Many markets have shortened trading hours, and others are mulling whether to follow suit. Here are some of the measures taken by exchanges across the world so far: Asia India […]

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Sensex, Nifty Stage Mild Recovery; FMCG, Pharma Shares Gain, Banks Fall

The S&P BSE Sensex and NSE Nifty 50 indexes staged a mild recovery in afternoon trading led by gains in pharma and FMCG shares. Earlier in the day, Sensex fell as much as 582 points to hit an intraday low of 27,683 and the Nifty 50 index dropped below psychological level of 8,100. However, losses […]

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Nifty Suffers Worst March Since Inception As Coronavirus Rattles Investors

Nifty dropped by 23.25 per cent in March. The Nifty suffered its worst March since inception in 1994 as the deadly coronavirus pandemic triggered a turmoil in the global financial markets, hurting domestic equities already roiled by slowing growth and a rot in the banking system. The National Stock Exchange’s benchmark Nifty 50 index, which gauges […]

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Monitoring Stock Market Volatility, Assures Nirmala Sitharaman

The Centre and various regulatory bodies are closely monitoring the stock market volatility, Finance Minister Nirmala Sitharaman said on Tuesday. Recently, market regulator Sebi issued guidelines to curb the heightened volatility caused due to the Covid-19 outbreak, she said at a media briefing on the Centre’s plan to introduce new statutory and regulatory norms which […]

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