Sensex crashes by 1258 pts, Nifty hits 23616 as China HMPV virus spooks market
Indian stock markets saw a sharp drop on January 6, with both Sensex and Nifty falling over 1.5% due to continued foreign fund outflows, concerns over third-quarter earnings, and fears about the new HMP virus.
06 January,2025 04:30 PM IST | MumbaiMarkets rise on IT and bank stock gains; Sensex up 242.95 points
Benchmark indices Sensex and Nifty rise in early trade on strong buying in IT and banking stocks, led by key companies like Bajaj Finance, Infosys, and HCL Tech. The GST collection data adds to positive sentiment.
02 January,2025 10:09 AM IST | MumbaiRupee drops 11 paise to 85.75 against US dollar in early trade
The Indian rupee weakened by 11 paise, reaching 85.75 against the US dollar in early trade, as the dollar index remained strong and foreign fund outflows dampened market sentiment. The outlook for the rupee remains under pressure with global markets experiencing lower trading volumes.
02 January,2025 09:58 AM IST | MumbaiSensex and Nifty open lower on the first trading day of 2025
Indian markets opened lower in 2025, with Sensex and Nifty both dipping due to ongoing foreign fund outflows and cautious investor sentiment ahead of earnings season.
01 January,2025 11:01 AM IST | MumbaiRupee slips to 85.69 against US dollar in early trade
The Indian rupee depreciated by 5 paise to 85.69 against the US dollar in early trade, influenced by a stronger dollar and continued foreign fund outflows. Market analysts suggest limited cash dollar demand due to the holiday season.
01 January,2025 10:53 AM IST | MumbaiNifty open at gap up, trades above 23,800 mark
Indian stock markets opened with gains today, with the Nifty 50 and BSE Sensex showing positive movement. Experts remain cautious as foreign investor selling pressure continues, but optimism for a year-end rally persists.
27 December,2024 09:51 AM IST | MumbaiSensex rises by 425.5 points, Nifty gains 123.85 points in early trade
Indian stock markets saw a surge in early trade on Thursday, led by gains in blue-chip bank stocks, supported by positive Asian market trends and RBI's optimistic economic outlook.
26 December,2024 10:57 AM IST | MumbaiNifty and Sensex open flat as market faces pressure from strong dollar
Indian stock markets opened marginally higher on Tuesday, but the chances of a year-end rally seem low as pressure from a strengthening US dollar and rising bond yields persist.
24 December,2024 10:11 AM IST | MumbaiRupee falls to 85.16, hitting a new all-time low against the US dollar
The rupee fell to a record low of 85.16 against the US dollar, driven by capital outflows, a stronger dollar, and rising crude oil prices. Despite positive domestic equity trends, the rupee's decline continues
24 December,2024 09:32 AM IST | MumbaiNifty, Sensex rebound after three-day losing streak, strong gains on Monday
Indian markets made a strong recovery on Monday after three consecutive sessions of selling, with the Nifty and Sensex both posting significant gains. Analysts suggest a year-end rally is still possible if key economic conditions improve.
23 December,2024 10:11 AM IST | MumbaiRupee recovers slightly to 85.07 against US dollar, but pressures remain
The Indian rupee appreciated by 6 paise to 85.07 against the US dollar on Friday after hitting an all-time low of 85.13 on Thursday. Forex traders anticipate further pressure on the currency due to persistent demand for the US dollar and global economic factors.
20 December,2024 10:20 AM IST | MumbaiStock markets crash as Nifty falls 321 points and Sensex drops 1,153 points
Indian stock indices fell sharply on Thursday, driven by a global sell-off sparked by the US Federal Reserve's revised rate cut projections for 2025. The Nifty 50 and BSE Sensex saw significant losses amid weak global cues.
19 December,2024 09:58 AM IST | MumbaiRupee falls to all-time low of 85.06 against the US dollar
The Indian rupee dropped to an all-time low of 85.06 against the US dollar, driven by a hawkish US Federal Reserve outlook, a rising dollar, and foreign fund outflows.
19 December,2024 09:49 AM IST | Mumbai