Adani group stocks' combined mcap erodes by Rs 2.45 lakh cr
The stock of the group's flagship firm Adani Enterprises plunged 22.99 per cent, Adani Ports dived 20 per cent, Adani Energy Solutions tanked 20 per cent, Adani Green Energy plummeted 19.53 per cent and Adani Total Gas tumbled 18.14 per cent on the BSE
21 November,2024 12:29 PM IST | New Delhi | mid-day online correspondentSensex, Nifty tumble in early trade; Adani group stocks crack
The BSE benchmark Sensex tumbled 468.17 points to 77,110.21 in early trade. The NSE Nifty declined 179.75 points to 23,338.75; Weak trends from Asian peers also drove the markets lower during the initial trade
21 November,2024 10:27 AM IST | Mumbai | mid-day online correspondentMarkets open lower as FPI outflows and IT stocks weigh on Sensex and Nifty
The Sensex and Nifty both declined in early trade on Monday, weighed down by continuous foreign portfolio investor outflows, a sell-off in IT stocks, and negative cues from the US markets
18 November,2024 10:12 AM IST | MumbaiRupee appreciates by 8 paise to 84.38 against US dollar in early trade
The rupee recovered from its all-time low, appreciating by 8 paise to 84.38 against the US dollar in Monday’s early trade, supported by lower crude oil prices
18 November,2024 09:48 AM IST | MumbaiStock markets closed for Guru Nanak Jayanti; Asian indices see mixed trends
Indian stock markets were closed on Guru Nanak Jayanti, commemorating the Sikh founder's teachings of equality and service. While Indian markets remained shut, major Asian indices showed mixed trends, with Japan's Nikkei gaining 0.8%, and South Korea's KOSPI dipping 0.4%.
15 November,2024 12:55 PM IST | MumbaiRupee hits all-time low as foreign fund outflows and inflation weigh on markets
The rupee slipped to an all-time low of 84.40 against the US dollar, pressured by persistent foreign fund outflows and rising inflation. The Reserve Bank’s intervention has limited sharper declines, but global pressures continue to weigh on the rupee and domestic equities.
13 November,2024 10:35 AM IST | MumbaiMarkets dip as inflation rises to 14-month high and foreign outflows persist
Equity markets declined in early trading on Wednesday as retail inflation surged to 6.21% in October, driven by rising food prices. Continued foreign fund outflows, weak quarterly earnings, and global market trends further pressured the BSE Sensex and NSE Nifty.
13 November,2024 10:29 AM IST | MumbaiRupee falls to all-time low of 84.40 against US dollar in early trade
The Indian rupee fell by 2 paise to 84.40 against the US dollar, marking a new all-time low in early trade on Tuesday. Persistent foreign fund outflows and a stronger US dollar continue to pressure the currency.
12 November,2024 10:12 AM IST | MumbaiMarkets drop over 400 points in early trade amid outflows and weak earnings
The Sensex and Nifty indices fell in early trade on Monday, weighed down by continued foreign fund outflows, disappointing quarterly earnings, and weak Asian market trends. Stocks like Asian Paints saw sharp declines, while a few others showed gains.
11 November,2024 10:13 AM IST | MumbaiRupee falls to all-time low of 84.38 against US dollar in early trade
The Indian rupee slips to an all-time low of 84.38 against the US dollar in early trade, weighed down by foreign fund outflows and a weak trend in domestic equities. Forex traders expect continued pressure unless there is a slowdown in outflows or a softening in the dollar index.
11 November,2024 10:08 AM IST | MumbaiSensex, Nifty dip as foreign fund outflows continue amid mixed global trends
The Sensex and Nifty fell in early trade, impacted by sustained foreign fund outflows and weak performances from key stocks. Analysts attribute the decline to inflation concerns, investor exits, and cautious sentiment ahead of RBI’s upcoming policy review.
08 November,2024 10:44 AM IST | MumbaiRupee hits all-time low at 84.37 against US dollar as foreign funds flow out
In early trade, the rupee reached a historic low of 84.37 against the US dollar, influenced by steady foreign fund outflows and a subdued equity market. Forex experts suggest the Reserve Bank of India’s response will be pivotal in managing ongoing currency volatility.
08 November,2024 10:41 AM IST | Mumbai | mid-day online correspondentStock market update: Markets fall in early trade after two days of rally
From the 30-share Sensex pack, Bajaj Finserv, UltraTech Cement, Power Grid, ICICI Bank, Bajaj Finance, Kotak Mahindra Bank, Adani Ports and Nestle were among the biggest laggards
07 November,2024 10:33 AM IST | Mumbai | mid-day online correspondent