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.
Earlier on May 9, while presenting results for quarter ended March 2020, the private lender had stated that it would look at further strengthening the balance sheet as opportunities arise.
The S&P BSE Sensex briefly turned negative in afternoon session after tension between India-China escalated.
The top gainers on the BSE pack were led by Reliance Industries, HCL Tech, Sun Pharma and ONGC.
This move means that its founding promoters Rana Kapoor and Madhu Kapur families and firms linked to them will now become non-promoter shareholders or public shareholders.
On the other hand, ONGC, Tech Mahindra, PowerGrid, Infosys and Kotak Bank were among the laggards.
