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Sensex slumps nearly 3,000 points in 5 days. 10 updates on market selloff

Sensex slumps nearly 3,000 points in 5 days. 10 updates on market selloff Premium (Bloomberg) However, broader markets were flat today Share Via Read Full Story Indian stock market fell sharply today to extend losses to the fifth day. The Sensex fell as much as 588 points today to 46,821 at days low, losing nearly 3,000 points in the five-day selloff amid weak global markets. The Nifty was today down about 1% to 13,834. However, the broader markets were today under lesser pressure with BSE midc...
United States Sameet Chavan Manish Hathiramani Salman Khan Birla Corporation Morgan Stanley

Rs 10 lakh crore market wealth lost as investors book profit from record highs

Rs 10 lakh crore market wealth lost as investors book profit from record highs Sensex has tumbled 3,666 points to 46,518 (intra day low) from record high of 50,184. Similarly, Nifty crashed 1,040 points against its all-time high of 14,753 hit on January 21 Aseem Thapliyal | January 28, 2021 | Updated 19:10 IST In line with weak global equities, Sensex ended 535 points lower at 46,874 and Nifty fell 149 points to 13,817 today. Investor wealth has eroded by Rs 10.89-lakh crore in five sessions a...
Sameet Chavan Rohit Singre Bajaj Finserv Axis Bank Kotak Bank Indusind Bank

Rs 9 lakh crore investor wealth wiped out from record high: Here's what to expect after massive market correction

Story Rs 9 lakh crore investor wealth wiped out from record high: Heres what to expect after massive market correction In four sessions, Sensex has tumbled 2,915 points to 47,269 (intra day low) from record high of 50,184. Similarly, Nifty crashed 824 points from its all-time high of 14,753 hit on January 21 Aseem Thapliyal | January 27, 2021 | Updated 19:15 IST Profit booking, mixed global markets and pre-budget nervousness among traders and investors contributed to the decline of benchmark i...
Sameet Chavan Shrikant Chouhan Tata Motors Head Of Fundamental Research At Kotak Securities Axis Bank Bank Nifty

Explained: Why stock market traders should remain cautious ahead of Budget 2021

Explained: Why stock market traders should remain cautious ahead of Budget 2021 Explained: Why stock market traders should remain cautious ahead of Budget 2021 Several stock market experts and analysts have advised traders to proceed with caution ahead of the Union Budget 2021 presentation. The word of caution comes after markets corrected for a second consecutive trading session on Monday. Here is all you need to know: advertisement UPDATED: January 28, 2021 19:12 IST Going by the weakness see...
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Market skids after a good start, RIL becomes major culprit: Angel Broking

Market skids after a good start, RIL becomes major culprit: Angel Broking Posted On: Daily Market Wrap Up by Mr. Sameet Chavan (Chief Analyst-Technical and Derivatives, Angel Broking): "Today morning, the global set up was just ideal to have a good head start for the final week of the January month. However, within few minutes of trade, market skidded sharply to not only pare down all gains but also entered a negative territory. For the remaining few hours, Nifty gyrated in a range with higher ...
United States Sameet Chavan Time Zone Chief Analyst Technical Angel Broking ஒன்றுபட்டது மாநிலங்களில்

Market erased weekly gains; courtesy to brutal knock in financials : Angel Broking

Market erased weekly gains; courtesy to brutal knock in financials : Angel Broking Posted On: Weekly Market Wrap Up by Mr. Sameet Chavan (Chief Analyst-Technical and Derivatives, Angel Broking): "Last Fridays weakness was carried over this Monday as well and hence, Nifty witnessed a decent corrective move on the opening day to test sub-14300 levels. However, the bulls were not ready to give up easily as they came back strong on the subsequent two sessions on the back of overall global optimism....
United States Sameet Chavan Union Budget Time Zone Chief Analyst Technical Angel Broking

Share Market News Live: Sensex crosses 50,000 for first time, Nifty hits all time high; RIL, Bajaj Auto top ga

Share Market Highlights: Sensex ends 167 points lower after breaching 50K; PSU banks lead losses January 22,2021 09:17 IST Sensex, Nifty Highlights on January 21: After hitting record highs in the morning trade, market indices turned volatile during the last hour and closed lower on Thursday, in line with mixed global equities. Earlier today, with Sensex rose above the psychological key level of 50,000 and Nifty above 14,700 for the first time. Reversing from gains, Sensex closed 167 points lo...
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