Markets join global selloff; Sensex sinks below 80k

Equity benchmark indices Sensex and Nifty stayed on the back foot for the third straight session on Wednesday as investors offloaded utility, capital goods and metal stocks amid foreign fund outflows. Photograph: Danish Siddiqui/Reuters The 30-share BSE benchmark Sensex tumbled 502.25 points or 0.62 per cent to settle at 80,182.20, taking its downtrend to the third day.   During the day, it tanked 634.38 points or 0.78 per cent to 80,050.07. The NSE Nifty declined 137.15 points or 0.56 ...

Benchmark equity indices Sensex and Nifty closed higher in choppy trade on Wednesday as investors awaited key US inflation data for further cues. Illustration: Dominic Xavier/Rediff.com The 30-share BSE Sensex rose by 16.09 points or 0.02 per cent to close at 81,526.14. Snapping its three-day losing run, the broader NSE Nifty advanced 31.75 points or 0.13 per cent to settle at 24,641.80.   From the 30-share Sensex pack, Bajaj Finance, Nestle India, Bajaj Finserv, Asian Paints, UltraTech ...

Equity market benchmark indices Sensex and Nifty ended lower on Thursday due to intense selling in index majors Reliance Industries, L&T and HUL as investors turned cautious ahead of the inflation data announcement. Illustration: Dominic Xavier/Rediff.com The 30-share BSE benchmark Sensex declined 236.18 points or 0.29 per cent to settle at 81,289.96. During the day, it dropped 314.5 points or 0.38 per cent to 81,211.64.   The NSE Nifty dropped 93.10 points or 0.38 per cent to ...

Equity benchmark indices Sensex and Nifty surrendered early gains to plunge nearly 1.50 per cent on Thursday, weighed down by intense selling in market heavyweights Infosys, RIL and HDFC Bank amid a mixed trend in global equities. Photograph: Danish Siddiqui/Reuters The BSE benchmark Sensex slumped 1,190.34 points or 1.48 per cent to settle at 79,043.74. During the day, it tanked 1,315.16 points or 1.63 per cent to 78,918.92. The NSE Nifty tumbled 360.75 points or 1.49 per cent to 23,914.15.

Equity benchmark indices Sensex and Nifty rebounded on Wednesday, driven by a sharp rally in Adani group stocks and fresh foreign fund inflows. Illustration: Uttam Ghosh/Rediff.com The BSE benchmark Sensex climbed 230.02 points or 0.29 per cent to settle at 80,234.08. During the day, it surged 507.09 points or 0.63 per cent to 80,511.15.   The NSE Nifty rose 80.40 points or 0.33 per cent to 24,274.90. From the 30-share Sensex pack, Adani Ports surged 6 per cent. NTPC, HDFC Bank, Bajaj ...

A sharp fall in the equity market made investors poorer by Rs 5.29 lakh crore on Tuesday when the BSE benchmark Sensex tumbled over 800 points. Photograph: Danish Siddiqui/Reuters A host of negative triggers -- muted quarterly earnings, continuous foreign fund outflows and weak trends in Asian and European markets -- dragged the benchmark indices lower. The BSE benchmark gauge tumbled 820.97 points or 1.03 per cent to settle at 78,675.18.   During the day, it plunged 948.31 points or ...

Benchmark indices Sensex and Nifty closed lower on Monday as investors turned cautious ahead of the US Fed interest rate decision amid weak global cues. Photograph: PTI Photo from the Rediff Archives Besides, selling pressure in metal and IT counters amid a weak rupee and sluggish Chinese economic data hit investors' sentiment, traders said.   The 30-share BSE benchmark Sensex declined 384.55 points or 0.47 per cent to settle at 81,748.57. During the day, it dropped 581.84 points or 0.70 ...

Emerging market equities are likely to post small gains in 2025 amid global policy uncertainties and a stronger dollar. Illustration: Dominic Xavier/Rediff.com From the outcome of the general elections and then Union Budget to tepid corporate earnings in the September 2024 quarter (Q2-FY25), sticky inflation and Reserve Bank of India’s stance on interest rates, extreme weather conditions, Indian stock markets have braved it all in calendar year 2024. At the global level, too, ...

Benchmark indices Sensex and Nifty ended sharply higher on Friday amid heavy buying in telecommunication stocks and encouraging domestic inflation data. Photograph: Shailesh Andrade/Reuters After falling 1,207.14 points in morning trade, the 30-share BSE benchmark Sensex recovered all the lost ground later and jumped 843.16 points or 1.04 per cent to settle at 82,133.12.   During the day, it surged 923.96 points or 1.13 per cent to 82,213.92. The NSE Nifty climbed 219.60 points or 0.89 ...