The Indian market ended higher on Monday, lifted by auto and metal shares, as optimism over sweeping GST tax cuts and China’s steel reforms supported sentiment alongside expectations of a Federal Reserve rate cut this month. The S&P BSE Sensex added 76.54 points, or 0.09%, to finish at 80,787.30, while the NSE Nifty 50 rose…
The Indian market ended higher on Thursday after the government trimmed levies on a range of goods in a Goods and Services Tax (GST) overhaul aimed at spurring consumption ahead of the festive season and offsetting pressure from steep U.S. tariffs. The NSE Nifty advanced 19.25 points, or 0.08%, to finish at 24,734.30, while the…
Indian equities closed out August with a second straight month of losses, as the Nifty fell 1.38% in a holiday-shortened month and recorded its weakest two-month stretch since early 2023. The benchmark index has been weighed down by U.S. tariff shocks, foreign fund outflows, and profit-taking across key sectors. Investors now face a pivotal week…
Indian benchmark indices Sensex and Nifty fell for a third straight session Friday, dragged down by Reliance Industries after its annual shareholder meeting and further pressured by investor unease over steep U.S. tariffs on Indian exports rolled out earlier this week. The BSE Sensex declined 270.92 points, or 0.34%, to finish at 79,809.65, while the…
The Indian market ended lower on Thursday, as banks and IT stocks bore the brunt of the selling, after the United States’ 25% additional tariffs on Indian imports took effect, rattling investor sentiment and setting the tone for the session. The BSE Sensex declined 705.97 points, or 0.87%, to finish at 80,080.57, while the NSE…
The Indian market ended lower on Friday, halting a six-day winning run, as investors turned cautious ahead of Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole symposium and braced for fresh U.S. tariffs on Indian goods, amid other headwinds weighing on sentiment. The BSE Sensex fell 693.86 points, or 0.85%, to close at…
Indian benchmark indices Sensex and Nifty extended their winning streak to a fifth session Wednesday, lifted by IT shares, as investors looked ahead to the US Federal Reserve’s Jackson Hole symposium later this week. The S&P BSE Sensex advanced 213.45 points, or 0.26%, to 81,857.84, while the NSE Nifty 50 gained 69.90 points, or 0.28%,…
Indian headline indices ended Monday on a strong note led by strong action in bank and auto stocks with able support from IT stocks. While Nifty gained 221.75 points or 0.91% to close at 24,585.05, the 30-stock S&P BSE Sensex finished at 80,604.08, gaining by 746.29 points or 0.93%. Here’s how analysts read the market…
In this episode of Two Sharp with ET, Nisha Poddar breaks down two big stories. First, equity mutual funds hit a historic high in July, with ₹42,702 crore in inflows driven by sectoral, small-cap, and flexi-cap schemes, while debt funds bounced back strongly. Second, Indian markets snap a six-week losing streak, NSDL shares extend their…
Indian equity indices ended the week on a weak note, reacting to a combination of global uncertainties and sustained foreign fund outflows. The Nifty 50 slipped below the crucial 24,400 mark, closing at 24,363.30, down 232.85 points or 0.95%, while the Sensex declined 765.47 points or 0.95% to settle at 79,857.79. Concerns over elevated global…