Why stock market is falling today: Sensex falls over 400 pts; Nifty below 23,200
Indian blue-chip equity indices, Sensex and Nifty50, fell on Friday, dragged down by drops in IT company Infosys and private lender Axis Bank following their quarterly results. The BSE Sensex was trading 430 points, or 0.56%, lower at 76,612. The Nifty50 was down 112 points, or 0.48%, trading at 23,199 around 12:10 am. Why is…
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FIIs begin 2025 with $2 billion selloff in 7 days. 6 reasons driving the exodus
As Indian households continue to pour their savings into stocks both via demat accounts and mutual funds, foreign institutional investors (FIIs) are finding it easier to take some money off the table. Ahead of the action-packed next few weeks with ongoing Q3 earnings season, Donald Trump’s swearing-in on January 20, Fed meeting outcome on January…
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Sensex slips over 200 points, Nifty below 24,450; financial and bank stocks drag
Indian blue-chip equity indices, the Sensex and Nifty50, reversed their early gains and traded in the red on Friday. While IT stocks gained after TCS met its quarterly profit estimates, the gains were offset by declines in index heavyweight Reliance Industries and banking and financial stocks. The BSE Sensex was trading 217 points, or 0.28%,…
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50 smallcaps gain in double-digits as markets welcome 2025 with wild swings
Despite a strong start to the new year, domestic markets ended the first week of 2025 on a pessimistic note as a sell-on-rally sentiment prevailed due to a strong US dollar and high valuations. Mid and smallcap stocks exhibited a recovery during the week, although not significant enough, as only 3 stocks fell in double-digits….
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Financial, IT stocks lift Sensex over 700 points higher, Nifty tops 23,950
Defying losses in Asian markets, Indian benchmark equity indices opened higher on Thursday, driven by gains in financial, auto, and IT stocks ahead of the quarterly earnings season starting next week. The BSE Sensex rose 699 points, or 0.86%, to 79,189, while the Nifty50 advanced 209.60 points, or 0.88%, to 23,952 as of 11:10 am….
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Crorepati Formula for Gen Z! How to start your journey to make your first crore in 2025
Making your first crore is a milestone many young earners dream of achieving. It might seem daunting, but with systematic investing, disciplined financial planning, and patience, this goal can become a reality. If you’re fresh out of college and starting your first job, seeking the right guidance is crucial. Let 2025 be the year you…
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Year-ender 2024: Pharma takes pole position for 2025 race with 39% index returns, 9 multibaggers. Which stocks to buy?
Pharma sector is expected to end as the top performer of 2024, closely followed by realty while the third spot could be occupied by consumer durables. Eight other sectors have delivered double-digit returns, outperforming the BSE Sensex on the year-to-date basis while energy, FMCG, banking and manufacturing have turned out to be market laggards.The BSE…
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Asian shares mostly lower, with most world markets closed for Christmas
Shares slipped in Tokyo and Shanghai on Wednesday, two of only a handful of world markets open on Christmas day. Oil prices rose. Japan’s Nikkei 225 index edged 0.1 per cent lower to 38,997.02, while the Shanghai Composite index lost 0.2 per cent to 3,387.41. Thursday will bring a weekly update on US unemployment benefits….
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Is the stock market closed tomorrow for Christmas?
Stock markets will be closed on Wednesday, December 25 on account of Christmas. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed. The multi-commodity exchange will also be closed for both morning and evening sessions. In the next calendar year, the markets will have 14 trading holidays against…
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Has Friday the 13th spooked Nifty bulls ever? Let’s study history
When the Sensex fell over 1,200 points and Nifty cracked below the 24,200 level in the first half of the day before recovering all the losses later on, investors couldn’t help but draw parallels with how today’s dateline of Friday the 13th could have proved to be spooky for the stock market. While it’s tough…
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