Perplexing market participants, the Indian stock market witnessed healthy buying across segments in intraday trade on Wednesday, 18 March, despite a raging war in the Middle East, elevated crude oil prices, and the rupee’s weakness. The Sensex rose more than 700 points, or nearly 1%, to an intraday high of 76,775, while the Nifty 50…
Frontline indices, the Sensex and the Nifty 50, ended with healthy gains for the second consecutive session on Tuesday, 17 March, tracking positive global cues. The Sensex rose 568 points, or 0.75%, to close at 76,070.84, while the Nifty 50 settled at 23,581.15, rising 172 points, or 0.74%. Gains were broad-based, unlike Monday when the…
The Indian stock market saw sharp gains towards the fag-end of the session on Monday, March 16, driven by banking, financial, auto, and FMCG stocks, even as geopolitical risks persist. The Sensex ended 939 points, or 1.26%, higher at 75,502.85, while the Nifty 50 settled at 23,408.80, gaining 258 points, or 1.11%. From the day’s…
US-Iran war: With no signs of de-escalation in the US-Israel-Iran war, gold and silver prices have remained sideways, while global equity markets have remained under sell-off pressure. The Indian stock market is also not insulated from this geopolitical tension, as Dalal Street indices witnessed a sharp sell-off across segments. The Nifty 50 index today broke…
Frontline indices, the Sensex and the Nifty 50, suffered strong intraday losses on Wednesday, 11 March, amid booking profit after healthy gains in the previous session. The 30-share pack Sensex crashed over 1,000 points, or 1.3%, to fall to an intraday low of 77,161, while the NSE counterpart Nifty 50 touched the day’s low of…
Crude oil prices retreated sharply from intraday highs on Monday after surging to their highest levels since mid-2022 amid escalating geopolitical tensions in the Middle East. US crude benchmark WTI had earlier jumped 31.4% to a session high of $119.48 per barrel, while Brent crude rose nearly 29% to $119.50 per barrel. The rally came…
Stock market today: A day after logging strong gains of more than 1% each, domestic market benchmarks, the Sensex and the Nifty 50, resumed their downward March on Friday, March 6, due to profit booking amid persisting concerns over the US-Iran war, crude oil price spike, and heavy foreign capital outflow. The Senex crashed 1,097…
Stock Market this Week: This week, some sectors also showed strength in the falling market… Stock Market this week : The effect of increasing geopolitical tension in West Asia was clearly visible on the Indian stock market. There was an atmosphere of caution among investors throughout the week and the market closed with a decline…
The Indian stock market witnessed strong buying interest on Thursday, March 5, largely due to short covering after the recent fall, which dragged the benchmark indices down by 4% in just a few days. The Sensex jumped 900 points, or 1.14%, to close at 80,015.90. The NSE counterpart, the Nifty 50, jumped 1.17% to end…
Stock market crash today: It was a bloodbath on Dalal Street on Wednesday morning, as the Indian stock market suffered sharp losses in morning trade on March 4, as investors continued to dump risk assets amid the ongoing US-Iran war, which shows no signs of easing. The conflict in West Asia has pushed crude oil…
