As the investors from worldwide are worried about Chinese economy, markets witnessed bloodbath today, the Sensex recorded an intra-day fall of 1,153.16 points till noon, fourth highest ever recorded in history. It is the biggest crash in about seven years and the fourth biggest for the BSE benchmark index Sensex. Today’s fall is biggest since October 24, 2008. Out of top ...
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Black Monday Bloodbath Nosedives Sensex by 1150 Points, Was it Yuan Effect?
The Indian markets dovetailed terribly on Monday taking down the Sensex by 1100 points and eroding Rs.4 Lakh Crore from the market instantly. The ripple effect is seen in virtual shock and apathy in the trading session in the morning with brokers heart-broken to make any move, while the Indian rupee hit Rs.66.50 per US dollar, which is ...
Read More »Sensex Moves up Slightly Ahead of Budget Presentation by Finance Minister
Sensex, the 30-scrip Sensitive Index (Sensex), on Saturday surged 213.71 points or 0.73 percent in the early session ahead of the Union Budget presentation by Finance Minister Arun Jaitley in parliament at 11:00 am. The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 56.85 points or 0.64 percent up at 8,901.45 points. The Sensex of the ...
Read More »RBI keeps interest rates same, markets follow remaining flat
As expected, the Reserve Bank of India (RBI) on Tuesday decided to keep key interest rates unchanged in its 5th bi-monthly meeting, while markets reacted to the decision registering a slight decline or remaining flat. The apex bank kept the repo rate, or the interest that banks pay when they borrow money from the RBI to meet their short-term fund ...
Read More »Sensex, Nifty Touch New Record, End in Red After Profit-Booking
Following Monday record of reaching its peak, Sensex reached another peak today but soon began to slip on profit-making and at the end closed in red by 162 points or 0.57 percent on Tuesday. The sensex of the S&P Bombay Stock Exchange (BSE) touched 28,541.22 points on Tuesday, surpassing its earlier recorded high of 28,514.98 points on a day before ...
Read More »Sensex hits record high, breaches 28,000-mark
Sensex, the main index of Indian equities markets on Wednesday touched a historic high of 28,006 points, crossing the major psychological level of 28K for the first time in the early morning trade session, surpassing the previous high of 27,969.82 points hit in the intra-trade on Monday, as Tuesday was a holiday on account of Muharram. The index was trading ...
Read More »Sensex, Nifty Open at 27,529 Points, Surpass Yesterday’s Record High
A benchmark index of Indian equities markets on Friday touched a record high of 27,529.89 points, surpassing previous high of 27,390.60 points recorded on Thursday. Good buying was observed in IT, capital goods and technology, media and entertainment (TECK) sectors; while selling pressure was seen in consumer durables sector. The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange ...
Read More »Sensex gains 62 points; capital goods index gain 92 points
A benchmark index of Indian equities markets Tuesday was trading 62.41 points or 0.23 percent up as capital goods stocks gained. Good buying was observed in capital goods and banking sectors, while selling pressure was seen in metal and oil and gas sectors. The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 26,788.73 points, ...
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