NIFTY

Sensex tanks 984 points due to intense sell-off as COVID-19 cases continue to rise

After a four-day winning streak, equity benchmarks—Sensex and Nifty—tanked on Friday as COVID-19 cases continue to surge in India amid a shortage of vaccines. Sensex declined by 984 points or 1.98 per cent to end the day at 48,782.36 due to an intense sell-off in financial stocks. Similarly, Nifty declined by 263.80 points or 1.77...

COVID-19 surge triggers selloff, Sensex declines by 1,732 points

As COVID-19 cases continue to surge and India recording new highs with each passing, Sensex and Nifty nosedived on Monday dragged by heavyweights ICICI Bank, Reliance Industry and HDFC twins. Negative cues from global markets also spooked investors. At 12.20 pm, Sensex declined by 1,732 points to 47,855—a fall of 3.51 per cent. Similarly, Nifty...

Sensex, Nifty surges over 2%

The Indian benchmark equity indices Sensex and Nifty surged by over 2 per cent on Tuesday due to strong gains in information technology, metals and pharma stocks. The Sensex settled above the 50,000-mark for the first time since March 23 at 50,136 levels. It was up 1,128 points or 2.33 per cent. On the other...

Sensex tanks 740 points as COVID-19 cases go up

Indian capital markets extended their decline for the second day on Thursday with the Sensex falling 740 points or 1.5 per cent to close at 48,440. Nifty too declined by 224.5 points or 1.54 per cent and ended the day at 14,324 points. The decline in the benchmark indices is attributed to the surge in...

Markets rejoice as Union Budget ticks all the right boxes

Indian stock markets on Monday rejoiced the measured announced by the Union government in the budget 2021. The BSE Sensex on Monday surged nearly 5 per cent, or 2,314 points, to touch 48,761 points. Similarly, Nifty recorded a surge of 4.74 per cent, or 646 points, to end the day at 14,281.20. With this, the...

Sensex tanks 938 points ahead of Union Budget

The BSE benchmark index Sensex on Wednesday crashed 938 points to end the day at 47,409—a decline of 1.94%, whereas the Nifty slipped 271.40 points to touch 13,967.  The Indian stock markets are falling due to massive selling across sectors and in the past four trading sessions, Sensex has declined 4.78% or 2,382 points. The...

Markets tank amid fresh lockdowns, rising COVID-19 cases

The Indian stock markets fell sharply on Tuesday amid rising coronavirus cases and fresh lockdowns in some parts in the country. The broader NSE Nifty 50 index closed down 1.81 per cent at 10,607 while the benchmark S&P BSE Sensex ended 660 points lower at 36,033.06, dragged by losses in banking and auto stocks. The...

Sensex plunges over 1000 points over economic package disappointment

Sensex plunged by 1,068.75 points to close at 30,028.98 on Monday amid a sharp decline in banking and financial stocks. Media reports said the decline was a result of investors seeing the government measures to aid the economic recovery following the lockdown as inadequate. Hero MotoCorp, Housing Development Finance Corporation (HDFC), Axis Bank, State Bank...

Share markets end in green amid expectations of a fresh stimulus package from Centre

Domestic share markets registered a six-week closing high on Thursday, boosted by gains in heavyweight banking and IT stocks on expectations of a fresh stimulus package from the government to soften the damage from the coronavirus pandemic. The NSE Nifty 50 index ended 1.38 per cent higher at 9,313.90, and the leaner S&P BSE Sensex...

Sensex, Nifty goes up as investors hopeful of a second stimulus package from government

Indian markets on Thursday rebounded strongly as investors remain hopeful of another government stimulus to aid small industries to tackle COVID-19 pandemic. BSE Sensex ended the day’s trading session higher by 1,265 points or over 4 per cent at 31,159.62. NSE Nifty was up 354 points or 4 per cent at 9,102. Some of the...
Sensex rallies 2,476 points in biggest single-day gains since 2009

Sensex rallies 2,476 points in biggest single-day gains since 2009

Firing on all cylinders, the bulls made a terrific comeback on Tuesday with the benchmark indices posting their biggest single-day gain since May 18, 2009. Supportive global cues and hopes that coronavirus spread may have peaked in key global centres, boosted investor sentiment. The S&P BSE Sensex today reclaimed the crucial psychological level of 30,000....

Read to invest: Where and When can NIFTY bottom out?

A North India based advisory group which had predicted the Market Top is now back with the latest calculations and way ahead for markets. Here is what they have to say: Ever since we wrote the last article about how Nifty’s top was anticipated with astrology and mathematics, queries have been pouring in regarding the...