Sensex Plunges Over 400 Pts, Nifty Cracks Below 10,000
Domestic equities took a beating today amid a global selloff after US President Donald Trump imposed USD 60 billion tariffs on Chinese imports -- a move that has fuelled concerns of a international trade war. The BSE Sensex fell below the 33,000-level, plummeting 471.44 points, or 1.42 per cent, ..
BSE Sensex Rises Over 100 Points In Early Trade
The benchmark BSE Sensex rose over 100 points in early trade today, extending gains for the third session, after US Federal Reserve announced the widely-expected hike in key lending rate. The 30-share index was trading 102.07 points, or 0.31 per cent, higher to 33,238.25. The gauge had gained 213..
Taking A Cue From Global Markets, Indian Market Indices Open In Green
Taking a cue from global markets, the key Indian equity market indices on Wednesday opened higher ahead of the US Federal Reserve's decision on the interest rates. The Sensitive Index (Sensex) of the BSE, which had closed at 32,996.76 points on Tuesday, opened higher at 33,090.82 points. Min..
Sensex, Nifty Turn Choppy In Early Trade ; Metal Stocks Decline
The benchmark BSE Sensex turned choppy in early trade today amid weak global cues and a widened current account deficit, which rose to 2 per cent of the GDP at USD 13.5 billion in the December quarter. The 30-share index rebounded by 99.79 points in opening deals only to turn choppy thereafter. T..
Sensex Cracks Nearly 300 Points, Nifty Slips Below 10,300
The BSE Sensex dropped nearly 300 points, led by a selloff in energy, metal, oil & gas, utilities and FMCG stocks amid subdued Asian trend. Weakness in Asian markets on continued worries of trade tensions due to fears over US tariffs weighed on market sentiment. Back home, Telugu Desam Party's..
Sensex Extends Losses, Down 66 Points; Nifty Below 10,400
Market benchmark BSE Sensex extended losses for the third straight day by shedding over 66 points in early trade today on selling by domestic institutional investors and foreign funds amid mixed Asian cues. Also, selling pressure in oil & gas, FMCG, metal, PSU, bank and power stocks amid a depre..
Sensex Down 150 Points, Nifty Slips Below 10,400
The benchmark BSE Sensex drifted 150 points lower and the NSE Nifty slipped below the 10,400-mark in early deals today on selling in metal, PSU and realty counters amid weak global cues. Asian stocks declined following an overnight slide in US equities after President Donald Trump replaced his Se..
Sensex Cautious On Weak Global Cues; TCS Cracks 5%
The benchmark BSE Sensex turned choppy on tepid cues from overseas market, despite positive macroeconomic data and appreciating rupee. The 30-share barometer rose 44.58 points, or 0.13 per cent, to 33,962.52 in early session. However, a weak trend in other Asian markets following negative lead fr..
Sensex Rallies 301 Points Ahead Of IIP, Inflation Data
The BSE Sensex surged over 300 points in early trade and the Nifty reclaimed the 10,300-level on fresh capital inflows by foreign funds ahead of key IIP and inflation data to be released after market hours today. Asian markets too were trading in the green on strong cues from Wall Street after a ..
GST Council Extends Tax Exemptions For Exporters
The Goods and Services Tax (GST) Council on Saturday extended the tax exemptions available to exporters on imported goods for a further six months till October 1 after which an e-wallet scheme would be put in place to continue the benefits. The Council had in its October 6 meeting last year noted..