The Indian market extended its losses on Friday, with all 13 major sectors closing in the red, as investors fretted about the impact of U.S. President Donald Trump’s proposed reciprocal tariffs. Pharma stocks, heavily reliant on U.S. revenue, faced the sharpest declines. The benchmark BSE Sensex lost 199.76 points or 0.26% to close at 75,939.21,…
Foreign investors pumped in nearly Rs 809 crore in the equity cash market on Tuesday, which is the first time FII flows have been positive in just over a month. StockEdge data shows that FIIs have been net buyers last on January 2. Indian markets have been facing brutal wrath of foreign investors, as they…
The Indian market ended in green on Tuesday, buoyed by strong gains in financial stocks. The rally came after the Reserve Bank of India announced several measures aimed at enhancing liquidity in the banking system, fueling optimism about a potential interest rate cut in February. The benchmark BSE Sensex gained 535.24 points or 0.71% to…
The Indian market closed in the red on Friday, ending a three-day winning streak. The decline was led by losses in IT giant Infosys and private lender Axis Bank following the release of their quarterly results, with IT stocks tumbling due to mounting worries about earnings growth in the current quarter and persistent foreign outflows…
Indian headline indices broke their four sessions losing streak helped by gains in banks and auto stocks notwithstanding a selling pressure in IT stocks. The mood was upbeat also because the December CPI inflation eased to its four-month low of 5.22%. While the S&P BSE Sensex settled at 76,499.63, gaining by 169.62 points or 0.22%,…
The Indian market closed in red on Friday, dragged lower by selling in heavyweight financial and energy stocks, as worries over corporate earnings dampened market sentiment, while IT stocks stood out as the only gainers after quarterly update from sector leader TCS suggested early signs of a demand recovery. The benchmark BSE Sensex lost 241.30…
India’s benchmark indexes closed in red on Wednesday, dragged lower by selling pressure in heavyweight financial and consumer stocks as market sentiment remained cautious ahead of the upcoming corporate earnings season, while worries over the likelihood of fewer interest rate cuts by the U.S. Federal Reserve added to the overall subdued mood in the market….
India’s benchmark indices ended in red on Monday as widespread selling in banks and consumer firms and across key sectors dragged the markets down. Investor sentiment turned cautious after the government confirmed two cases of Human Metapneumovirus (HMPV) in Karnataka and one in Gujarat, amid concerns over a virus outbreak in China. The benchmark BSE…
The combined market valuation of four of the top-10 most valued firms eroded by Rs 96,605.66 crore last week, with HDFC Bank taking the biggest hit. While Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank and State Bank of India suffered erosion from their valuation, Reliance Industries, Bharti Airtel, Infosys, ITC, Life Insurance Corporation of…
The Indian market ended in red on Monday, pressured by selling in heavyweight lenders like HDFC Bank and ICICI Bank, along with declines in auto stocks. The session saw subdued trading volumes as markets approach year-end. The benchmark BSE Sensex lost 450.94 points or 0.57% to close at 78,248.13, while the broader Nifty 50 index…