MUMBAI: Staging a spirited recovery, stock markets pared early losses to close higher on Thursday, sensex rising by 185 points and Nifty settling above 22,700 on strong value buying in IT and banking shares and a sharp rebound in the rupee.Rebounding more than 2,000 points from the day’s low, sensex finally settled higher by 185…
NEW DELHI: With hopes of a resolution to the West Asia conflict rising, sensex rallied over 1,200 points in late session on Wednesday to close above the 75,000 mark again.As diplomatic initiatives to end the war between the US-Israel and Iran picked up pace, markets around the world rallied, crude oil prices slipped, and precious…
MUMBAI: Short covering, especially during the closing hours of Monday’s session, led to a smart reversal in sensex, which closed 939 points up at 75,503 points. The development came despite strong selling by foreign funds that offloaded shares worth Rs 9,366 crore, the second-highest singlesession net outflow figure so far this year.After days of sharp…
MUMBAI: The escalating war in West Asia took a heavy toll on investors on Dalal Street as stocks crashed on Monday that left them poorer by Rs 6.6 lakh crore. With the war between the US-Israel and Iran elevating geopolitical risks, the sensex closed 1,048 points (1.3%) lower at 80,239 points, a closing level not…
MUMBAI: Across the board selling pulled the sensex down by 961 points (1.2%) on Friday, and the 30-share index closed at 81,287 points with banks leading the slide. Tariff uncertainty, foreign fund selling and no visible progress in Iran-US talks left investors jittery and pressing the sell button ahead of the weekend.Foreign funds led the…
MUMBAI: A global sell-off in a large number of technology stocks affected investor sentiment on Dalal Street on Tuesday, resulting in sensex sliding by 1,069 points or 1.3% to close at 82,226 points. The current sell-off is on the back of fears that AI models could upend established business models of a large number of…
MUMBAI: Strong selling in IT stocks, led by sector leaders Infosys and TCS, pulled sensex down by 559 points on Thursday to close at 83,675 points, BSE data showed. Nearly 400 points of the index’s fall was contributed by the slide in these two stocks, mainly on the back of questions about the viability of…
MUMBAI: Dalal Street witnessed extreme volatility on Wednesday with the sensex rallying from more than 1,000 points down to over 300 points up within a couple of hours. The index finally settled 271 points down at 81,910 points, its first close below the 82,000 mark since Oct 8 last year.Geopolitical and global economic factors were…
MUMBAI: In volatile trades on Monday, the sensex tanked nearly 700 points in early trades and then reversed all the losses by mid-session on growing optimism about an India-US trade deal. The index finally closed the session up 302 points, at 83,878 points, its first session of gains after five consecutive sessions of losses during…
MUMBAI: Sensex dropped 367 points on Friday, marking its third consecutive day of losses, amid foreign fund outflows and a lack of major domestic triggers. In a low-volume trade, the 30-share index dropped 0.4% to settle at 85,041. The 50-share Nifty declined by 100 points to 26,042, registering its second day of decline. “Overall, Indian…