Investors' wealth has increased by Rs 6,44,760.45 crore in four trading sessions on the back of an equity market rally
Market analysts termed 2020-21 a roller coaster ride for not only Indian markets but also for equity indices globally due to the pandemic
The 30-share BSE index on Tuesday closed at 50,136.58, an increase of 1,128.08 points or 2.30 per cent
Equity investors became poorer by over Rs 8 lakh crore in five days of market plunge. The BSE benchmark has lost 2,062.99 points or 4 per cent in five trading sessions. On Thursday, the 30-share BSE benchmark tanked 585.10 points or 1.17 per cent to close at 49,216.52. Following the bearish trend, the market capitalisation of BSE-listed companies declined by Rs 8,04,216.71 crore to Rs 2,01,22,436.75 crore in five days. "Indian market has been in a corrective phase for the past 10 days due factors like high bond yields in the US and increased number of COVID cases being reported across the country," said Hemang Jani, Head Equity Strategy, Broking & Distribution, Motilal Oswal Financial Services. After its two-day policy meeting, the US Federal Reserve reassured investors that it expects to keep its key interest rate near zero through 2023. HCL Tech was the biggest loser in the Sensex pack, falling 3.97 per cent, followed by Infosys, Dr Reddy's, TCS, Tech Mahindra and Reliance ...
In four days, the benchmark has fallen by 1,477.89 points or 2.88 per cent
The 30-share BSE Sensex closed at 50,792.08, lower by 487.43 points or 0.95 per cent. During the trade, it plunged 741.08 points to 50,538.43
On Wednesday, the BSE benchmark surged nearly 1,148 points to breach the 51,000-level and the NSE benchmark index recaptured the 15,200-mark by rising 326.5 points
The IPO of MRP Agro set to be launched this week will the first by an SME since November
In four trading sessions, investor wealth jumped Rs 8.22 trillion as markets continued their rally with the benchmark indices recording life time peaks on Monday.
Monday's fall saw investor wealth shrink by Rs 6.6 trillion, based on the market capitalisation of all listed companies on the BSE
Investors' wealth plunged by Rs 1.56 lakh crore on Wednesday as markets witnessed a massive sell-off amid muted global sentiments.
The 30-share BSE Sensex tanked 633.76 points or 1.63 per cent to close at 38,357.18. During the day, it tumbled 741.17 points to 38,249.77
The economic hit from the pandemic has failed to put a halt to rising stock prices
ICICI Bank was the top laggard in the Sensex pack, tumbling nearly 9 per cent, followed by IndusInd Bank, Bajaj Finance, Tata Steel and HDFC
Investor wealth on Tuesday fell by Rs 3,30,408.87 crore after equity markets came under heavy selling pressure following sell-off in global stocks as rout in crude oil hit investor sentiment. The Sensex tumbled 1,011.29 points, or 3.20 per cent, to close at 30,636.71. Led by the sharp fall in the index, the market capitalisation of the BSE-listed companies dropped Rs 3,30,408.87 crore to Rs 1,20,42,172.38 crore. "After the US crude oil crash, Indian markets, in sync with global markets traded negatively, as the extent of the impact of lockdowns and the global slowdown is becoming evident. Corporate earnings have also been impacted by the pandemic related shutdowns. Post-earnings management guidance has also not given clear indication about the recovery path," Vinod Nair, head of research at Geojit Financial Services, said. IndusInd Bank was the worst hit in the Sensex pack, dropping over 12 per cent, followed by Bajaj Finance, ICICI Bank, Axis Bank, Tata Steel, M&M, ONGC and ...
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