Stock Market ends in the red; rupee touches a record low
The Indian Stock Market ended lower on Friday amid weakness in select sectors while the Indian rupee also touched a record low, weighing on market sentiment.
The Indian Stock Market ended lower on Friday amid weakness in select sectors while the Indian rupee also touched a record low, weighing on market sentiment.
The bloodbath on Dalal Street on Tuesday continued with the benchmark indices, the BSE Sensex and the Nifty 50, declined for the fourth consecutive session amid mixed global cues.
Indian stock market declined on Friday amid rising crude oil prices and weak global market trends.
Indian Stock Market on Tuesday pared losses from previous session amid broad-based selling, led by financial, IT, and auto stocks.
Investors earned about Rs 6 lakh crore as the overall market capitalisation of BSE-listed firms rose to Rs 451 lakh crore from nearly Rs 445 lakh crore in the previous session.
BSE Sensex touched a fresh record high of 74,245.17 ending 33.40 points or 0.05 per cent higher at 74,119.39.
Sensex closed at a fresh all-time high of 74,151.27 while the Nifty 50 hit its record high of 22,497.20 during the session.
One bond is worth Rs 2,500 crores and has a 10-year maturity, with a redemption date of February 28, 2034, and yield of 7.47 per cent.
The bets on public sector company (PSU) stocks are on high as the Mutual funds (MF) continued to load up on them in January.
Nifty slumped to 21,530.20 but rebounded to end the day 97 points, or 0.44%, higher at 21,840.