Sensex

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...

Sensex crosses 50k-mark for the first time, profit-booking drags it down

The Indian stock markets are on a roll for the past few weeks, with the BSE benchmark index, S&P BSE Sensex, on Thursday creating history by crossing the 50,000-mark. It is being seen as a major development and an indicator of the positive market sentiments globally since the COVID-19 pandemic ravaged the global economy last...

Sensex tanks 1,066 points over weak global cues

Investors in India on Thursday lost over Rs 2.7 lakh crore within a few hours as the Sensex tanked by over 1,000 points. The downfall almost wiped out most the gains achieved during the past 10 days when the markets witnessed consecutive gains. The decline in the stock market is attributed to the selling pressure...

Amid missing Aramco deal, Reliance registers huge selloff; Sensex ends 19 points higher

Investors on Dalal Street were mostly left unimpressed by Reliance Industries’ 43rd annual general meeting (AGM) on Wednesday even as it made a slew of big-bang announcements, leading to a huge selloff in the stock that weighed heavily on Sensex with the benchmark erasing over 750 points gains to end marginally higher. The investors ignored...

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...