Rupee slips to all-time low of 95.20 against US dollar amid crude spike
On Thursday, Sensex came down by 821.79 points to 76,674.57 in early trade, while the Nifty dived 287.3 points to 23,890.35.
On Thursday, Sensex came down by 821.79 points to 76,674.57 in early trade, while the Nifty dived 287.3 points to 23,890.35.
Chauhan, an IIT Bombay and IIM Calcutta alumni, who was recently conferred the Forbes magazine’s Editor’s Choice Lifetime Award, steered the National Stock Exchange (NSE), which he helms amid the recent meltdown, urging investors to stay focused on long-term wealth creation, while highlighting India’s strong macroeconomic buffers.
The BSE 150 Midcap index inched up by 0.10%, while the BSE 250 Smallcap index slipped 0.19%.
It came following an outflow of Rs 34,574 crore from equities in February and Rs 78,027 crore in January.
Sensex was trading at 79,522.39 after slipping 19.40 points or 0.02 per cent. At the same time, Nifty was trading at 24,179.85 after slipping 19.50 points or 0.08 per cent.
Foreign portfolio investors' (FPIs) investment in equities has surpassed the Rs 1 lakh crore mark in 2024, data with the depositories showed.
At close, BSE Sensex was up 147.89 points, or 0.18% at 81,053.19, and the Nifty was up 41.30 points, or 0.17% at 24,811.50.
Reliance Industries retained the title of the most valued firm followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, LIC, Hindustan Unilever and ITC.
The development comes amid the unwinding of the yen carry trade, recession fears in the US and ongoing geopolitical conflicts.
Sensex traded at 63,471.92 points, up 372.27 points or 0.59 per cent, whereas Nifty traded at 18,857.20 points, up 98.85 points or 0.53 per cent.
