Markets took a heavy beating as the BSE benchmark index plunged 2,991.85 points or 10%-- its lower circuit limit
The market capitalisation of BSE-listed companies dropped by Rs 6,25,501.8 crore to Rs 1,23,00,741.02 crore in the opening trade
Trading was halted for 45 minutes in early session after the index hit its lower circuit limit
Amid intensifying rout in global financial markets, the 30-share BSE index plummeted 1,864.02 points or 5.22 per cent to 33,833.38
Traders said investor sentiments also remained fragile amid incessant foreign fund outflows
The 30-share BSE Sensex settled 917.07 points, or 2.30 per cent, higher at 40,789.38 on Tuesday. It hit an intra-day high of 40,818.94
Led by the rally in the markets, market capitalisation (m-cap) of the BSE-listed companies advanced Rs 2,25,554.62 crore to Rs 1,57,06,155.38 crore.
The 30-share BSE Sensex closed 529.82 points higher or 1.31 per cent at 40,889.23. During the trade, it zoomed 572.3 points to 40,931.71, its record intra-day high.
Investor wealth soared by Rs 2.73 lakh crore on Tuesday in a buoyant equity market where the BSE benchmark zoomed 581.64 points helped by encouraging quarterly results and US-China trade deal optimism. The 30-share Sensex jumped 581.64 points to close at 39,831.84. During the day, it advanced 666.81 points to 39,917.01. The market capitalisation of BSE-listed firms soared Rs 2,73,355.21 crore to Rs 1,52,04,693.34 crore. "A strong momentum is seen in the market as healthy Q2 earnings from big corporate and attractive valuation for mid & small caps is providing a favourable risk-reward to investors. "The clouds over global market are gradually settling down with developments in trade deal and Brexit, while rate cut expectation from (US) FED will further add impetus to emerging markets like India," Vinod Nair, Head of Research, Geojit Financial Services Ltd said. According to Ajit Mishra, Vice President, Research, Religare Broking Ltd, "The markets in the near term are likely to be .
Investors saw their wealth plunge by Rs 1.84 lakh crore on Wednesday following heavy losses in the equity market where the benchmark Sensex plummeted 504 points. The 30-share BSE gauge ended 503.62 points, or 1.29 per cent, lower at 38,593.52. During the day, the index dived as much as 586.17 points. Dragged by massive sell-offs, the market capitalisation of BSE-listed firms tumbled by Rs 1,84,483.79 crore to Rs 1,46,88,763.39 crore. Indian equities followed the negative global sentiment triggered by top US Democrat and the speaker of the House of Representatives Nancy Pelosy's announcement of opening a formal impeachment inquiry into President Donald Trump. S Ranganathan, Head of Research, LKP Securities, said, "Political uncertainty in the US amidst impeachment talks pulled indices lower." On the Sensex chart, 24 scrips closed the day lower led by SBI, Tata Motors, Maruti, Yes Bank, M&M, HDFC, ITC and Vedanta plunging up to 7.37 per cent. On the BSE, 1,755 scrips declined, 762
On Friday, the Sensex had logged its biggest single-day gain in over a decade by surging 1,921.15 points or 5.32 per cent to 38,014.62
The bull market led the market capitalisation of the BSE-listed companies to soar Rs 6,82,938.6 crore to Rs 1,45,37,378.01 crore in single day
The rupee also rallied 66 paise to 70.68 against the US dollar on announcements made by the finance minister
The BSE benchmark Sensex zoomed 792.96 points or 2.16 per cent to close at 37,494.12
Stock markets extended their losses for a third straight day with cumulative losses of 3.05 per cent or 1,184.15 points since July 18
The broader NSE benchmark also surged 165.75 points, or 1.39 per cent, to settle at 12,088.55
Investors' wealth had surged Rs 20.70 trillion during the 2017-18 financial year
From the 30-share pack, 25 stocks ended with gains led by Maruti Suzuki India, Tata Motors, Vedanta and Induslnd Bank
Investor wealth eroded by Rs 2.69 lakh crore Thursday hit hard by massive sell-off in the equity market where the BSE benchmark index plummeted over 1,000 points in intra-day trade. The 30-share index plunged 759.74 points, or 2.19 per cent, to end at 34,001.15. Following the weak show by equities, the market capitalisation (m-cap) of BSE-listed companies witnessed an erosion of Rs 2,69,347.81 crore to Rs 1,35,70,402.59 crore. "Indian stock markets have fallen sharply on Thursday. This is a continuation of the sharp fall we have witnessed in the stock prices over the last couple of weeks (except for one or two days). "While most of the earlier fall could be attributed largely to domestic factors - be it the IL&FS effect and fears of contagion thereon, or the ever increasing fuel prices due to the combined effect of weakening rupee and rising global crude prices etc the reason for Thursday's fall is clearly global, with the US markets falling sharply," said Dheeraj Singh, Head of .
Investor wealth eroded by Rs 1.71 lakh crore Wednesday in tandem with a weak broader market where the BSE benchmark Sensex plunged over 550 points. The BSE barometer plummeted 550.51 points, or 1.51 per cent, to end at 35,975.63. Led by the sharp loss in the equity market, the market capitalisation of the BSE-listed companies plunged Rs 1,71,287.84 crore to Rs 1,43,71,351.05 crore. The rupee breached the 73-mark for the first time to hit an all-time low of 73.41 (intra-day) against the US dollar. Meanwhile, Brent crude oil neared USD 85 a barrel. "Despite government's decisive move about IL&FS, the markets are under relentless pressure on the back of crude oil touching multi-year highs and the rupee making fresh all-time lows. The precarious positioning of international macros is simply not letting the pressure off the market. "The last-man-standing industries such as large cap autos and IT have also started melting, almost leaving no place for markets to hide," said Jagannadham