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sensex: Investors lose Rs 2 lakh crore in a day as Sensex extends slump to sixth day

Explore Now NEW DELHI: Bears on Friday pummeled frontline stocks with auto and IT being the leading lags, wiping off Rs 2 lakh crore from the equity markets. The onslaught extended to the sixth day as the Economic Survey failed to cheer Dalal Street. Apart from the abundance of caution ahead of the Union Budget, sentiments have been dented due to selling by foreign institutional investors who have driven the market higher in the past 10 months. The 30-share pack Sensex tanked 588.59 points or 1...
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Market Movers: United Spirits fizz runs out as Axis Bank, SBI surge

Market Movers: United Spirits fizz runs out as Axis Bank, SBI surge SECTIONS Share Synopsis In the broader market, the selling pressure was less intense as the Nifty Midcap 100 and Nifty Smallcap 100 index closed 0.6 per cent and 0.7 per cent lower, respectively. Shutterstock.com United Spirits tanked nearly 8 per cent after investors were underwhelmed by its December quarter earnings performance. MUMBAI: Benchmark indices extended their losing streak to the fifth consecutive session today as i...
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Bears bring bulls to their knees as market extends selloff to 5th day

Bears bring bulls to their knees as market extends selloff to 5th day SECTIONS Share Synopsis Traders who have been bullish on the market unwinded their positions. Analysts said the fall in the market is good as it would help cool off overheated equities. The Sensex has lost a total of 2,917.76 points in five consecutive trading sessions. NEW DELHI: Relentless selling on Dalal Street brought down bulls on their knees on Thursday sending benchmark indices tumbling down for the fifth day amid F...
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market outlook: Ahead of Market: 12 things that will decide stock action on Wednesday

NEW DELHI: Nifty reversed its two-session bearish trend with a broader rally and formed a big bullish candle on the daily chart on Tuesday. Manish Hathiramani, proprietary index trader and technical analyst, Deen Dayal Investments said, “If we manage to get past this level, we should be headed to 14,800-14,900. The index has made a strong base at the 14,200 levels, which acted as good support." "Going ahead, earnings and global cues would remain on the participants’ radar. Besides, we’re ...
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market outlook: Ahead of Market: 12 things that will decide stock action on Tuesday

Wall Street closed for Martin Luther King day Wall Street was closed on Monday on account of Martin Luther King day. The Dow Jones Industrial Average closed 177.26 points, or 0.57% lower, at 30,814.26, the S&P 500 lost 27.29 points, or 0.72%, to 3,768.25 and the Nasdaq Composite dropped 114.14 points, or 0.87%, to 12,998.50. European shares slip on economic recovery worries European stocks inched lower on Monday as French retailer Carrefour tumbled after ending 16.2 billion euro ($19.57 billion...
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D-Street investors get richer by Rs 2.46 lakh crore as Sensex ends at record closing high

D-Street investors get richer by Rs 2.46 lakh crore as Sensex ends at record closing high SECTIONS D-Street investors get richer by Rs 2.46 lakh crore as Sensex ends at record closing highBy Share Synopsis The 30-share pack Sensex advanced 689.19 points or 1.43 per cent to 48,782.51. The index saw the biggest streak of weekly gains since 2009. Its broader peer, NSE Nifty climbed 209.90 points or 1.48 per cent to 13,347.25. Investors got richer by Rs 2.46 lakh crore as the total market cap of ...
France General Uttar Pradesh City Of United Kingdom Maruti Suzuki Ajit Mishra

Sensex welcomes 2021 with longest weekly streak in a decade

Sensex welcomes 2021 with longest weekly streak in a decade SECTIONS Share Synopsis The 30-share pack Sensex climbed 117.65 points, or 0.25 per cent, to 47,868.98 to extend the streak of weekly gains to 9, the longest since 2010. Getty Images Nifty closed above the 14,000 mark for the first time. NEW DELHI: IT and public sector banks were in demand on Friday as benchmark indices rallied for yet another day to close at fresh highs. Amid lack of global cues, domestic events boosted sentiments on ...
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Merry Christmas! Right Asset Allocation Paved The Way To Be Your Own Santa This Year

Merry Christmas! Right Asset Allocation paved the way to be your own Santa this year The right dose of equity coupled with gold and debt products can turn things around in the next year and even in the future, thus helping you navigate choppy waters with ease. Rahul Jain Dhani Services Ltd. Identified as a potent tool for prosperity, financial advisors and planners have been advocating having the right ‘asset allocation’, since time immemorial. ...
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Sensex recovers almost all of Monday's loss in 3 days: Key factors behind the rally

Sensex recovers almost all of Mondays loss in 3 days: Key factors behind the rally Synopsis Indices are close to their record highs again and have virtually recovered all losses sustained at the beginning of the week. Broader markets have also seen buying but analysts cautioned against betting on penny stocks. Sensex leaps another 529 points, Nifty just a tad below 13,750; Sun Pharma, GSPL gain 3% each INSIGHTS NSE NEW DELHI: Reliance Industries and banking stocks were in demand on Thursday a...
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