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Sensex Crash today: Sensex crashes over 1,100 points; Nifty below 14,750 | India Business News

India Business News: Equity indices continued to fall for the fifth straight session on Monday with benchmark BSE sensex falling over 1,100 points, dragged by financial, b ....

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Indian Shares Fall For Fifth Session As Financials Reliance Weigh

BW Businessworld
Indian Shares Fall For Fifth Session As Financials, Reliance Weigh
The NSE Nifty 50 index was down 0.68% to 14,880.75 by 0454 GMT, while the S&P BSE Sensex was 0.85% lower at 50,446.43.
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Indian shares extended losses to a fifth session on Monday, dragged down by index heavyweight Reliance Industries and financials as investors sold off recent high-flying stocks.
Equities in India rose sharply in the first two weeks of February, driven by solid corporate earnings, a well-received federal budget and strong foreign fund inflows.
However, markets have pared some of the gains since last week as concerns grew that valuation in certain cases are stretched, and some investors locked in profits in recent winners. ....

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Indian stock indices at record peaks as banking shares shine

Indian stock indices at record peaks as banking shares shine
29 Dec 2020
Employees at a financial house react as the indices shot to higher levels on Tuesday. Reuters
Improving economic scenario along with healthy buying in banking sector stocks pushed India’s key equity indices at record highs on Tuesday.
Accordingly, the improving economic scenario as well as a small intra-day correction pulled in fresh foreign funds.
During the intra-day, some losses were witnessed in the media, metal, FMCG, auto, realty and pharma indices. However, banking, financial services and IT space traded in the green.
Besides, foreign institutional investors (FIIs) continued their holiday shopping and have relentlessly bought around Rs43,000 crore worth shares in December. ....

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