CLOSING BELL: The S&P BSE Sensex gained 732 points from the day's low, while the Nifty 50 jumped 218 points in intra-day trades, partly on account of short-covering owing to the monthly F&O expiry.
So far in calendar year (CY22), frontline indices Nifty50 and the S&P BSE Sensex have climbed around 4 per cent each, as against 10-20 per cent fall in most of the global indices
Distressed debt in the US alone jumped more than 300 per cent in 12 months, high-yield issuance is much more challenging in Europe and leverage ratios have reached a record by some measures
CLOSING BELL: Auto majors - Maruti and Mahindra & Mahindra were the other prominent gainers among the Sensex 30, while Bharti Airtel and Tata Steel declined around a per cent each
CLOSING BELL: The BSE Metal index surged over 4.5 per cent amid reports of China further relaxing its zero Covid policy.
CLOSING BELL: The NSE Nifty shut shop at 18,015, up 208 points. Broader indices outperformed the benchmarks with gains of up to 3 per cent.
I would really advise people not to have margin debt in a volatile stock market, Musk said
All sectors, meanwhile, drowned in the sea of red, with Nifty Media, Nifty Metal, Nifty Realty, and Nifty PSU Bank indices declining up to 6 per cent
Market at close: The pain was even more severe in the broader market space where the BSE MidCap and SmallCap indices fell 3 and 4 per cent, respectively
Market closing: The S&P BSE Sensex dropped 241 points to end at 60,826 levels in a broad-based sell-off. The Nifty50 gave up the 18,150-mark to close at 18,127, down 72 points
The main drivers have been the war in Ukraine, combined with rampant inflation as global economies broke out of the pandemic, but China remained shackled by it
The MSCI All-World index rose about 1.1% on the day, although it is on track for a more than 3% decline in December
CLOSING BELL: Adani Enterprises, TCS, Axis Bank, Reliance Industries, ICICI Bank, IndusInd Bank, Nestle India, Ultratech Cement, SBI, and Infosys helped the frontline indices rebound
It was a tough week for markets in India and the world. Interest rates were raised in the US on expected lines and the commentary post the meeting were not enough to soothe the nerves
The biggest decline in two months; FPIs sell shares worth Rs 711 cr
CLOSING BELL: The broader markets, on the other hand, outperformed the benchmark indices as the BSE MidCap and SmallCap indices advanced 0.59 per cent and 0.68 per cent, respectively
CLOSING BELL: IndusInd Bank, Bajaj Finance, M&M, Tech M, HCL Tech, Infosys, TCS, Ultratech Cement, and Bajaj Finserv were the top gainers on the 30-pack index
Revival in FPI flows, sharp recovery from year's lows in June helped calm investor nerves
CLOSING BELL: The benchmark indices sought support from financial and metal stocks with their respective indices climbing 0.2 per cent & 0.4 per cent. On the downside, the IT index fell 0.4 per cent.
Global Captive Centres (GCCs) are looking to ramp up their workforce and add close to 3.64 lakh jobs within next 12 months amid a spurt in service demand from key global markets, says a report. According to NLB Services' India Captivating Report, the GCC sector will scale up from the current USD 35.9 billion to USD 60-85 billion by 2026. A spurt in service demand from key global markets (34 per cent) is the key reason driving the demand for talent. From a sub-sector perspective, IT Software & Consulting with 33 per cent of the respondents keen on ramping up the talent pool topped the chart. The next were BFSI (21 per cent) and Internet & Telecom (16 per cent). Among cities, Bengaluru leads in terms of job creation. "India currently accounts for around 45 per cent of the global GCCs in operations and this share is expected to grow further," NLB Services CEO Sachin Alug said. Alug further noted that the sector is expected to see a 10.8 per cent CAGR (compound annual growth rate)