Tag: Stock market
17 Results
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Sensex tanks 1,300 points; banking, auto stocks plunge
The key Indian equity indices fell on Monday morning with heavy selling in banking, finance and auto stocks. The night curfew and weekend lockdown announced in Maharashtra amid the rising number of Covid cases has weighed on the investor sentiments, analysts said. Around 10.15 a.m., Sensex was trading at 48,709.84, lower by 1,319.99 points or …
Continue reading "Sensex tanks 1,300 points; banking, auto stocks plunge"
April 5, 2021 -
Bearish trend rules markets for second day; Sensex ends 397 points low, Nifty slips below 15,000
The MidCap and SmallCap ended with losses at 0.72 per cent and 0.53 per cent respectively.
March 15, 2021 -
Craftsman Automation IPO to open on March 15 at price band of Rs 1,488-1,490 per share
Axis Capital and IIFL Securities have been appointed as book running lead managers to the issue.
March 9, 2021 -
Stock markets end higher for fourth day in a row on US stimulus cheer
HUL, Sun Pharma, Dr Reddy and Bajaj FinServ were the only laggards.
December 28, 2020 -
Sensex up 450 points, banking finance stocks surged
Healthy buying was witnessed in the banking and finance stocks. A positive trend in the Asian markets also supported the domestic indices.
October 19, 2020 -
The Errant Market
The interest of FPIs in the Indian share market is surprising, because the profitability of Indian corporates is one of the lowest in the world; the combined net profit of BSE 500 companies in 2018-19 was US$ 63 billion, which is equivalent to 2.31 per cent of India's GDP, as against 6.1 per cent of the GDP in the US for the top 500 companies
September 8, 2020 -
Market ends with gains for second day in a row; Sensex settles 478 points higher, Nifty tops 11,350
Tech Mahindra, HCL Tech, Bajaj Auto and Power Grid were among the laggards.
August 18, 2020 -
Domestic markets end flat; Sensex snaps 4-day rally, Nifty ends at 11,308.40
The S&P BSE Sensex ended 37.38 points or 0.10 per cent lower at 38,369.63 levels. Kotak Bank was the top loser in the Sensex pack, skidding 2.10 per cent.
August 12, 2020 -
Border tensions with China weigh on stock market; Sensex ends 97 points lower, Nifty closes at 9,881.15
Maruti Suzuki was the top gainer on the BSE chart as it rose by 4 per cent. It was followed by Bharti Airtel, Axis Bank, IndusInd Bank and Bajaj Finance
June 17, 2020 -
Markets recoup early losses; Sensex jumps 243 pts, Nifty tops 9,950
On the other hand, ONGC, Tech Mahindra, PowerGrid, Infosys and Kotak Bank were among the laggards.
June 12, 2020 -
Sensex plunges 709 pts on global selloff; Nifty closes below 10k
After touching a low of 33,480.42, the 30-share index settled 708.68 points, or 2.07 per cent, lower at 33,538.37.
June 11, 2020 -
Sensex tanks 414 pts; financial stocks tumble
Stock exchanges in Europe were trading with significant losses in early deals.
June 9, 2020 -
Sensex snaps 6-day winning run to end 129 pts lower; bank stocks tank
Asian Paints was the top laggard in the Sensex pack, falling around 5 per cent, followed by Bajaj Finance, HDFC, IndusInd Bank, Axis Bank and Kotak Bank.
June 4, 2020 -
Indices extends gains to 6th day, Sensex up 284 points and Nifty regains 10,000 mark
Sensex ended 284.01 points or 0.84 per cent higher at 34,109.54 levels while NSE Nifty jumped 82.45 points or 0.83 per cent to 10,061.55.
June 3, 2020 -
Sensex tumbles 2,002 points as US-China tension sparks global selloff; Nifty slips below 9,300
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.
May 4, 2020 -
Bear market returns as Covid-19 lockdown extension likely to continue
1. Indian markets will remain closed on Tuesday for Ambedkar Jayanti. 2. Monday's trade, Indian markets also felt the pressure of subdued global equities reeling under the coronavirus crisis. 3. In the broader market, BSE midcap and smallcap fell up to 0.93 per cent.
April 13, 2020 -
Not at all middle-class friendly
Under the new income tax regime, somebody who does not avail of the existing exemptions such as medical insurance or investment in the stock market or in house purchase are supposed to be taxed at lower rates.
February 5, 2020