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.
The scrip rallied 4.5 per cent to Rs 173.85 on the BSE at 2.52 pm and at NSE, it climbed 4.45 per cent to Rs 173.80.
The BSE hit over 423 points during intraday trade, before it ended 304.26 points below at 41,253.74.
The benchmarks jumped over 260 points during the day, bringing its day’s end at 17.14 points, lower at 41,558. Whereas, NSE Nifty, closed 10.05 points, higher at 12,255.85.
Citi has raised the target price by Rs 25 reaching to Rs 400 from Rs 375 per share of the higher target for SBI Life
Sebi had asked brokers and depository participants to formulate comprehensive cybersecurity and cyber resilience policy document encompassing the framework.
