india

Business Live: Sensex, Nifty open marginally lower

News updates from the world of economy, markets, and finance   Sensex, Nifty open marginally lower Ashish Rukhaiyar reports: Equities traded marginally lower during the first hour of the trading session on Thursday amidst an overall weak trend in the Asian markets as Japan reported two deaths on account of coronavirus and South Korea also […]

india

Sensex, Nifty end lower on inflation, industrial output worries

Annual retail inflation in Asia’s third-largest economy rose to 7.59% in January, while December industrial output contracted 0.3%, after rising for the first time in three months in November. The data worried investors, already grappling with slowing growth. Indian shares snapped two days of gains and ended lower on Thursday due to concerns related to […]

india

Stocks on a roll as crude slides

Positive data on manufacturing, rise in rupee fuel rally; FPIs buy ₹366 cr. shares A firm trend in the global equity markets on the back of lower crude prices propelled the Indian benchmarks on Tuesday to clock their best-ever single day gain in over four months. The 30-share Sensex gained 917.07 points, or 2.3%, to […]

india

Sensex sheds 208 points; ONGC tanks 5%

Market benchmark Sensex surrendered early gains to end 208 points lower on Wednesday as energy, power, auto and financial stocks came under selling pressure. After plunging 473 points from the day’s high in a choppy session, the 30-share BSE index settled 208.43 points, or 0.50%, lower at 41,115.38. It hit an intra-day high of 41,532.29 […]

lifestyle

Business Live: Oil drops as supply concerns wane

News updates from the world of economy, markets, and finance   Oil declines as market surplus forecast counters Libya worries Oil prices eased on Wednesday, extending declines as the International Energy Agency (IEA) forecast a market surplus in the first half, helping ease concerns about disruptions that have slashed Libya’s crude output. Brent crude was […]

india

Sensex ends 205 points lower; Nifty slips below 12,200

BSE Sensex settled 205.10 points, or 0.49%, lower at 41,323.81; NSE Nifty fell 54.70 points, or 0.45%, to 12,169.85 Market benchmark Sensex dropped 205 points on January 21, led by losses in auto, banking, metal and FMCG stocks amid a sharp fall in other Asian markets on concerns over a deadly virus in China. After […]

india

Market opens at record high; RIL, HDFC Bank top gainers

PowerGrid was the top gainer in the Sensex pack, rallying up to 4 %, followed by ITC, Asian Paints, M&M and HDFC. Market benchmarks Sensex and Nifty opened at record peaks on Monday tracking strong quarterly results by index heavyweights Reliance Industries and HDFC Bank. After rallying over 300 points to hit a fresh lifetime […]