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 said it has decided to bring down its annual listing fee for its SME platform by 25 per cent as part of efforts to support SMEs.
ICICI Bank, Kotak Bank, HUL, HDFC, IndusInd Bank, HDFC Bank and Nestle India were among the top drags in the Sensex pack.
Other gainers on the BSE chart included PowerGrid, ONGC and Reliance Industries were among the major gainers.
1. Bharti Airtel and Sun Pharma were the gainers in the BSE index. 2. HDFC twins, ICICI Bank, Infy and RIL lead the market losers.
This latest development comes following the recent global developments in the crude oil derivatives markets.
