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Various factors like renewed buying by foreign investors, global cues and improving sentiment among other reasons were seen driving the markets today
As an investment strategy, Wood has taken exposure in the US-listed online travel company MakeMyTrip in the India long-only portfolio with a 4 per cent weighting
Thus far in the calendar year 2024, the market price of CreditAccess Grameen has plunged 46 per cent, as compared to 10 per cent rally in the BSE Sensex.
Stock market crash: Indian bourses were facing a bear attack again on Thursday owing to a weakness in the global markets and after surging significantly in the first two sessions of the ongoing week
In the past one week, the market price of Adani Green Energy and Adani Energy Solutions tanked 37 per cent and 32 per cent, respectively.
In the previous session, the Sensex fell 0.54 per cent to close at 77,156.80, while the Nifty declined 0.72 per cent to settle at 23,349.90
The stock hit a new low even as the company denied allegations claimed by AICPDF around the company's practices with its distributors and distribution transition.
Gautam Adani, along with other executives, has been charged by US prosecutors for allegedly bribing ($250 million) Indian officials.
The fall from peak levels in these segments, according to Gaurang Shah, senior vice-president at Geojit Financial Services has also been account of earnings disappointment besides amid high valuations
As many as 27 out of the Nifty 50 stocks are trading below their respective long-term moving average; analysts see this as an overall weak trend in the market.
Mamaearth is growing slower than expectations and Honasa said the company is making identified structural changes to bring it back to its growth trajectory in a few quarters.
The BSE Smallcap index slipped 2.5% or 1,346 points to 52,258 in Wednesday's intra-day trade and down 6.7% in the past one week as sustained FIIs selling and earnings disappointment weighed.
An index or a stock is said to be in a 'correction' phase when it has dipped over 10 per cent and up to 20 per cent from its recent peak level. A 20 per cent or more fall is termed as a 'bear' phase
Asian Paints stock was trading at 3-year lows, and had given a downside breakout on the monthly chart for the first time since May 2018; shows technical charts.
BSE Sensex dropped by 1.19 per cent or 958.79 points to 79,419.34, before settling at 79,541.79. Similarly, the NSE Nifty50 tanked 1.24 per cent or 305 points to 24,179.05, before ending at 24,199.35
Stock market today: The Nifty MidCap100 index and the Nifty SmallCap100 index have declined 8.8 per cent and 6.9 per cent, respectively, from their respective all-time highs
Charts suggests that the Sensex could slide down to 72,000 levels, in the worst-case scenario, wiping out all the gains made thus far in calendar year 2024 (CY24).
FII selling, US elections, muted Q2 earnings and other factors are among the top reasons why Indian benchmark indices are trading with deep cuts today
Stock Market Highlights: Indian benchmark equity indices declined after a lower open on Monday, amid mixed global cues
Congress leader Rahul Gandhi on Saturday expressed concern over the recent sharp decline in the Indian stock markets and said the party must evolve ways to protect the interests of youngsters, the salaried class and the common people who have invested their money. In a video of a phone conversation with Pawan Khera -- chairman of the Congress' media and publicity department -- Gandhi described the stock market as a "space of risk" and urged party leaders to devise innovative ways of cautioning retail investors for protecting their hard-earned money. "If you want me involved in it, tell me how," Gandhi told Khera, expressing his willingness to be part of a communication campaign to protect the interests of retail investors. The former Congress president posted a video of the conversation with Khera on Instagram with the caption, "Who is in the syndicate that guards the corrupt?" Investors' wealth eroded by a whopping Rs 6.80 lakh crore on Friday as equity markets tumbled, driven by