Indian headline indices fell over 1% on Thursday, erasing gains made in the previous session after Donald Trump’s U.S. presidential election win. Analysts attributed the decline to profit-booking and concerns over foreign inflows, compounded by weak corporate earnings. The NSE Nifty 50 dropped 1.16% to 24,199.35, while the BSE Sensex fell 1.04% to 79,541.79, returning…
Indian equity indices reversed losses to end higher on Tuesday as investors sought safety in heavyweight financials that are considered to have cheaper valuations, ahead of the tightly-fought U.S. presidential election. The NSE Nifty 50 rose 0.91% to 24,213, while BSE Sensex gained 0.88% to 79,476. The benchmarks fell about 0.6% each during the session,…
Indian benchmark indices fell on Thursday, marking their worst monthly performance since March 2020, as record foreign outflows and weak corporate earnings dampened investor sentiment. The NSE Nifty 50 declined by 0.56% to close at 24,205, while the BSE Sensex dropped 0.69% to 79,389. Both benchmarks lost around 6% in October, their steepest monthly drop…