Investors lose over Rs 4 lakh crore as Sensex, Nifty nosedive amid Russia-Ukraine war : Rashtra News #Investors #lose #lakh #crore #Sensex #Nifty #nosedive #RussiaUkraine #war Highlights The war and surge in crude have transformed the economic scenario and market expectations If the Russia-Ukraine war prolongs, global economic growth may be impacted In previous session,
Sensex jumps over 1,000 pts, Nifty breaches 17,200 : Rashtra News #Sensex #jumps #pts #Nifty #breaches Equity benchmark Sensex surged past the 57,000-mark by rallying over 1,000 points on Thursday, tracking an overall bullish trend in global equities despite the US Federal Reserve hiking rates. The 30-share BSE index closed 1,047.28 points or 1.84 per
Bears return to D-Street after two-day rally; Sensex tumbles over 700 points, Nifty ends below 17,200 : Rashtra News #Bears #return #DStreet #twoday #rally #Sensex #tumbles #points #Nifty #ends Equity markets halted their two-day rally on Friday, with the Sensex tumbling 714.53 points amid weak global equities and selling in index majors Infosys, ICICI Bank,
Indian shares advanced on Wednesday, led by information technology (IT) stocks, after dovish commentary from a U.S. Federal Reserve official elevated bets of rate cuts by as early as March 2024.IT companies, which earn a significant share of their revenue from the U.S., rose 1.5% after Fed Governor Christopher Waller flagged the possibility of lowering the interest rate in the months ahead if inflation continued to come down.The odds of a 25 basis-point rate cut by March 2024 rose to 40.4% on Wednesday from 21.5% the day before, according to the FedWatch tool."Sentiment continues to be positive for Indian equities," said Anita Gandhi, founder and head of institution, Arihant Capital, citing the easing global rate outlook, return of foreign inflows and the recovery in rural demand.Foreign portfolio investors have turned net buyers of Indian equities after two months, adding shares worth 29.01 billion rupees, as of Nov. 28."The updates from the Supreme Court hearing on the
Indian shares rose on Thursday, aided by an uptick in consumer and pharma stocks, after the U.S. Federal Reserve left rates unchanged as anticipated but hinted at the possibility of more hikes later this year.Both benchmarks were less than 1% below their all-time highs. The midcap index hit a new record high on Thursday, while the smallcap shares rose as much as 0.43% to post a fresh 52-week high."Not just the benchmarks, the smallcaps and midcaps have seen tremendous run-up in the recent weeks," said Saurabh Jain, assistant vice president for retail equities research at SMC Global Securities. "The markets are likely to take a pause, and a slight correction would only be healthy".Five of the 13 major sectoral indexes declined, with high-weightage IT index down over 0.5%.IT stocks, which are sensitive to interest rates in the U.S. due to the significant share of revenue earned from the country, fell after the Fed kept rates unchanged for the first time in 17 months b