Indian benchmark indices have seen sharp swings as global concerns weigh on risk appetite. Heightened tensions in the Middle East have contributed to a notable decline in domestic equities by disrupting global energy markets and pushing crude oil prices materially higher (at one point rising about 30% to above $110 per barrel). A key risk…
Indian stock market: The Indian stock market remained under heavy selling pressure for the third straight session on Friday, March 13, with benchmark indices the Sensex and the Nifty 50 declining about 2% each. The Sensex fell 1,471 points, or 1.93%, to close at 74,563.92, while the Nifty 50 dropped 488 points, or 2.06%, to…
The rupee declined 16 paise to settle at 92.01 (provisional) against the US dollar on Wednesday, weighed down by a sharp rise in global crude oil prices and a stronger greenback as the war in West Asia raged on. FII outflows and weak sentiments in the domestic equity markets further pressured the local unit, according…
Indian stock market: After posting strong gains of over 1% each in the previous session, the domestic benchmark indices — the Sensex and the Nifty 50 — resumed their decline on Friday, March 6, as investors booked profits amid ongoing concerns over the US-Iran conflict, a surge in crude oil prices, and continued heavy foreign…
Investors with a bias for small and midcap stocks for earning quick and outsized returns press the panic button first as conflict widens. Source
“We believe that FPI positioning continues to be light (~3% underweight across global, Asia ex-Japan, emerging markets, and global ex-US funds), which was mainly driven by them using India as a funding market to invest in the likes of Korea, Taiwan, and China,” said Jay Kothari, head of international business, DSP Mutual Fund. Source
MUMBAI: The Indian rupee opened weaker and fell to a one-month low on Monday after a sharp escalation in the Iran-US conflict over the weekend pushed global crude oil prices higher and triggered a risk-off mood across emerging markets. The rupee opened 25 paise lower at 91.2462 per dollar and slipped to an intraday low…
Foreign Portfolio Investors (FPIs) turned net buyers in the Indian stock market in February, snapping a three-month streak of outflows, and recording their highest monthly inflows in the past sixteen months. However, despite the return of foreign inflows, benchmark indices — the BSE Sensex and the NSE Nifty 50 — ended the month marginally lower….
Indian stock market: The Indian stock market bounced back with solid gains on Friday, February 20, after posting sharp losses of more than 1% each in the previous session. The 30-share Sensex rose 317 points, or 0.38%, to close at 82,814.71, while the Nifty 50 advanced 117 points, or 0.46%, to settle at 25,571.25. Broader…
IT Stocks Crash: The IT sector brought a big shock for investors in the stock market on Wednesday morning. In early trade, benchmark indices Sensex and Nifty were trading in the green with mild fluctuations. At the same time, Nifty IT was down by about 6.10 percent in the sectoral index on Nifty. All the…
