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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 1.26 per cent to close at 46,285.77 as the index shed over 3,500 points in the past 6 sessions. Its b...

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 investors turned cold feet ahead of the upcoming Union Budget, while profit booking ahead of the expi...

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 FII selling and ahead of the Union Budget. Traders who have been bullish on the market unwinded thei...

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 also seeing noticeable buzz across the sectors in run up to Budget. We feel it would be prudent for ...

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) merger talks with Alimentation Couche-Tard, with worries about a slow economic recovery keeping in...