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Benchmark indices Sensex and Nifty ended the week lower, each falling more than 1%, dragged down by a sharp selloff in IT stocks that weighed on investor sentiment amid growing concerns over potential AI-driven disruptions. Stronger-than-expected US jobs data for January also reduced hopes of an interest rate cut by the Federal Reserve.According to The…
Domestic equity markets closed in negative territory after a sharply fluctuating trading session. (AI image) Stock market crash: Nifty and Sensex saw a week of extremely volatile trade, with both benchmark indices giving up initial gains amidst the IT sector stocks’ selloff. For the week, the Sensex has dropped 953.64 points, or 1.14%, while the…
Benchmark equity indices Sensex and Nifty tumbled more than 1 per cent on Friday amid a broad-based selloff led by metal, IT and commodity stocks, tracking weak global market cues.In a volatile session, the 30-share BSE Sensex fell 1,048.16 points, or 1.25 per cent, to close at 82,626.76. During the day, the benchmark tanked 1,140.37…
Tesla CEO Elon Musk has now criticised rival AI company Anthropic whose recent AI updates triggered a nearly trillion-dollar selloff in enterprise software stocks and accused its models of being ‘misanthropic and evil’. The comments made by Musk came in response to Anthropic’s announcement on social media platform X (formerly known as twitter) that it…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the equity benchmarks, crashed in opening trade on Friday amid weak global cues and the continued IT stocks selloff. While Nifty50 went below 25,600, BSE Sensex was down over 700 points. At 9:16 AM, Nifty50 was trading at 25,592.75, down 214 points or…
Benchmark equity indices ended lower on Thursday, dragged down by a sharp sell-off in technology stocks amid global uncertainty and concerns around AI-led disruption in IT services. The 30-share BSE Sensex declined 558.72 points, or 0.66 per cent, to settle at 83,674.92. During the session, it tanked 716.97 points, or 0.85 per cent, to hit…
Stock market today (AI image) Stock market today: Indian stock market indices, Nifty50 and BSE Sensex, tanked in opening trade on Thursday morning. While Nifty50 went below 25,900, BSE Sensex was down over 200 points. At 9:16 AM, Nifty50 was trading at 25,877.80, down 76 points or 0.29%. BSE Sensex was at 83,998.41, down 235…
BSE Index Services Pvt Ltd on Wednesday announced the launch of two new Government Securities (G-Sec) indices — BSE 4-8 Year G-Sec Index and BSE 8-13 Year G-Sec Index — aimed at strengthening debt market benchmarks and supporting passive investment strategies, ANI reported.According to a statement by BSE Index Services, the indices are reconstituted monthly,…
Benchmark equity indices Sensex and Nifty ended almost unchanged on Wednesday in a volatile, range-bound session, as gains in PSU banking and auto stocks were neutralised by weakness in information technology shares. The 30-share BSE Sensex slipped 40.28 points, or 0.05 per cent, to settle at 84,233.64. During the session, the index touched an intraday…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the main stock market benchmarks, rose in opening trade on Wednesday as global cues remained positive and optimism around the India-US trade deal continued. While Nifty was near the 26,000 mark, BSE Sensex rose over 100 points. At 9:16 AM, Nifty50 was trading…
