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Sensex crashes by 1258 pts, Nifty hits 23616 as China HMPV virus spooks market

Sensex crashes by 1258 pts, Nifty hits 23616 as China HMPV virus spooks market

Indian stock markets saw a sharp drop on January 6, with both Sensex and Nifty falling over 1.5% due to continued foreign fund outflows, concerns over third-quarter earnings, and fears about the new HMP virus.

06 January,2025 04:30 PM IST | Mumbai
Sensex drops 400 pts after briefly hitting 80k, Nifty around 24,100

Sensex drops 400 pts after briefly hitting 80k, Nifty around 24,100

Indian stock markets opened nearly flat with slight positive movement as experts express concerns over the sustainability of FIIs' buying due to macroeconomic factors like a strengthening US dollar. Market movements are expected to remain moderate until major corporate earnings reports.

03 January,2025 10:03 AM IST | Mumbai
Markets rise on IT and bank stock gains; Sensex up 242.95 points

Markets rise on IT and bank stock gains; Sensex up 242.95 points

Benchmark indices Sensex and Nifty rise in early trade on strong buying in IT and banking stocks, led by key companies like Bajaj Finance, Infosys, and HCL Tech. The GST collection data adds to positive sentiment.

02 January,2025 10:09 AM IST | Mumbai
Rupee drops 11 paise to 85.75 against US dollar in early trade

Rupee drops 11 paise to 85.75 against US dollar in early trade

The Indian rupee weakened by 11 paise, reaching 85.75 against the US dollar in early trade, as the dollar index remained strong and foreign fund outflows dampened market sentiment. The outlook for the rupee remains under pressure with global markets experiencing lower trading volumes.

02 January,2025 09:58 AM IST | Mumbai
Sensex, Nifty end on a positive note on first trading session of 2025

Sensex, Nifty end on a positive note on first trading session of 2025

Among the top gainers were Maruti, M&M, LT, Bajaj Finance, and Tata Motors, which saw strong upward movements, while Hindalco, Dr Reddy's, Adani Ports, ONGC, and Tata Steel struggled, contributing to the decline in the Nifty

01 January,2025 04:39 PM IST | New Delhi | mid-day online correspondent
Sensex and Nifty open lower on the first trading day of 2025

Sensex and Nifty open lower on the first trading day of 2025

Indian markets opened lower in 2025, with Sensex and Nifty both dipping due to ongoing foreign fund outflows and cautious investor sentiment ahead of earnings season.

01 January,2025 11:01 AM IST | Mumbai
Rupee slips to 85.69 against US dollar in early trade

Rupee slips to 85.69 against US dollar in early trade

The Indian rupee depreciated by 5 paise to 85.69 against the US dollar in early trade, influenced by a stronger dollar and continued foreign fund outflows. Market analysts suggest limited cash dollar demand due to the holiday season.

01 January,2025 10:53 AM IST | Mumbai
Mumbai public holiday alert: BSE, courts, banks closed for Christmas, New Year

Mumbai public holiday alert: BSE, courts, banks closed for Christmas, New Year

Schools, colleges, businesses, and government offices will remain closed on December 25th

27 December,2024 10:52 AM IST | Mumbai | mid-day online correspondent
Nifty open at gap up, trades above 23,800 mark

Nifty open at gap up, trades above 23,800 mark

Indian stock markets opened with gains today, with the Nifty 50 and BSE Sensex showing positive movement. Experts remain cautious as foreign investor selling pressure continues, but optimism for a year-end rally persists.

27 December,2024 09:51 AM IST | Mumbai
Sensex rises by 425.5 points, Nifty gains 123.85 points in early trade

Sensex rises by 425.5 points, Nifty gains 123.85 points in early trade

Indian stock markets saw a surge in early trade on Thursday, led by gains in blue-chip bank stocks, supported by positive Asian market trends and RBI's optimistic economic outlook.

26 December,2024 10:57 AM IST | Mumbai

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