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Why is Sensex falling: Monday mayhem? What rocked D-Street when rest of Asia is firm
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
stock market outlook: Ahead of Market: 12 things that will decide stock action on Monday
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
US stocks fall as growth stocks slide
US stock indexes fell on Monday as climbing Treasury yields and prospects of rising inflation triggered valuation concerns, hitting shares of high-flying growth companies. Shares of Apple Inc, Microsoft Corp, Facebook Inc, Alphabet Inc, Tesla Inc, Netflix Inc and Amazon.com Inc resumed a fall from the previous week, falling between 0.6% and 2.1% in early trading. The Dow Jones Industrial Average was down 142.78 points, or 0.45%, at 31,351.54, the S&P 500 was down 23.54 points, or 0.60%, at 3,883.17 and the Nasdaq Composite was down 165.59 points, or 1.19%, at 13,708.88.
European shares drop on inflation risk concerns
European shares fell nearly 1% on Monday as hopes of a vaccine-led global economic recovery fuelled a rally in commodities and raised concerns over the risk of higher inflation. The pan-European STOXX 600 index was on course for its worst day this month, led by declines in technology companies and retail stocks.
market outlook: Ahead of Market: 12 things that will decide stock action on Thursday
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Sensex off record high, halts 6-day winning streak as traders book profits
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The ongoing rally has been driven by better-than-expected corporate earnings and the government s capex plans.
The S&P BSE Sensex index registered an all-time high of 51,835.86 during the session, before erasing the day s gains.
NEW DELHI: Last-hour selling by investors snapped the six-day winning streak for benchmark indices as all sectors but select financials saw profit-booking on Tuesday. Weak European markets also dented sentiment.
The ongoing rally has been driven by better-than-expected corporate earnings and the government s capex plans. Bullish FIIs have been a fervent supporter in the last 6-7 sessions.