Page 2 - Global Markets Sell-off

Investors' wealth tumbles Rs 2.21 trn amid sell-off in opening trade

Investors' wealth eroded by more than Rs 2.21 lakh crore in early trade on Wednesday, with the market witnessing a selling-off amid prospects of aggressive rate hikes by the US Federal Reserve to tackle high inflation, and sluggish global trends. In less than hour of the start of trading on Wednesday, the key indices -- Sensex and Nifty -- were deep in the red and witnessed significant volatility, reflecting jittery investor sentiments. The market capitalisation of BSE-listed companies, which is also an indicator of wealth of investors, tumbled more than Rs 2.21 lakh crore to Rs 2,84,49,727.56 crore amid the 30-share Sensex falling 564.76 points to 60,006.32 points. On Tuesday, when the markets had gained for the fourth straight session, the market valuation stood at Rs 2,86,71,193.94 crore. Global markets went into a tizzy on Tuesday soon after the US inflation data for the month of August triggered concerns over the possibility of further rate hikes by the US Federal Reserve. Bo

DII inflows, valuations silver lining in current downcycle, say analysts

Experts remain sanguine on the domestic markets' ability to turn around and believe robust domestic inflows, strong economic indicators, and cheap valuations will strengthen the markets

Rs 3.2 trn of investor wealth wiped off. Why did the Sensex fall on Friday?

The market's confidence has been shaken as persistently elevated levels of commodity prices, and disrupted supply chains continue to be a double whammy for the economy and companies alike.

Sensex snaps 5-day losing run, ends 367 pts up; Nifty holds 17,250

Bargain buying in banking and auto counters amid better-than-expected Q3 results by Axis Bank and Maruti Suzuki pushed the index 367 points higher at 57,858 level at close

Markets have over-reacted to Omicron Covid variant; buy the dips: Analysts

As a portfolio strategy, those at Invesco suggest investors maintain current allocations, and view any continued sell-off as a buying opportunity

Investor wealth tumbles Rs 6.59 trn as new Covid-19 strain jolts markets

Equities tanked after the UK reported a new strain of the Covid-19 virus

Global sell-off, re-lockdown fear: 5 reasons why Sensex slipped 1066 pts

The Nifty50 index lost 291 points to settle at 11,680 levels. Besides, weakness in global markets due to renewed restrictions in European countries to stem the possible second wave

Global sell-off, lockdown fear: 5 reasons why Sensex tanked 1,115 pts today

The S&P BSE Sensex plunged 1,172 points in the intra-day deals on the BSE, while Nifty50 index tanked 342 points on the NSE

Good time to start SIP in this market mayhem

The entire panic has been initiated by fears that the system to curtail the Coronavirus (COVID-19), across the globe, is misplaced.

A new bull-market will be born later this year: Goldman Sachs

A stock or index is said to be in a bear phase if the benchmark extends its decline to 20 per cent.

Bloodbath on Dalal Street today: 8 things investors must know

Indices see biggest 1-day fall ever in absolute terms, here are the eight major things about the selloff across global markets

Gold, silver may continue to slide in short term, 2-3% decline likely

Gold extended its downturn in the physical markets in Mumbai on Saturday

Investors lose Rs 11.4 trillion in 6 days; selling overdone, say analysts

Among sectors, refineries, financials including banks and information technology (IT) have seen more than Rs 1-trillion market-cap erosion in the past six sessions.

Mayhem on Dalal Street: Investors become poorer by Rs 10 trn in 6 days

Market capitalisation of BSE-listed companies plummeted by Rs 9.90 trillion to Rs 145 trllion in six trading sessions