Volatility in the bond markets weighed on stocks across the region, adding to existing investor anxiety over the perilous state of Greece’s finances.
Tracking the extreme weak stock market sentiment, the total investor wealth of BSE-listed companies plummeted by Rs 2.89 lakh crore to Rs 99.11 lakh crore.
With investors taking fresh positions after persistent selling last month, the BSE benchmark Sensex on Monday soared by 479 points on across-the-board buying support. The government’s clarification on minimum alternate tax (MAT), rise in auto stocks on promising monthly sales data, two mega retail mergers, buying at the beginning of May series and the passing of Finance […]
Even the broader Nifty at the National Stock Exchange fell 91 points or 1.1 per cent to close at 8,213.8 on Monday.
Barring banks and other financial institutions, companies across all other sectors have remained under pressure.
Hike in interest rates likely to impact flow of funds into emerging markets.
The CEO of BSE said that in the last few years, the exchange has overcome a number of hurdles.
Centre eyes over R1 lakh cr from Coal India disinvestment, spectrum auction.
The quarter remained weak in terms of revenue growth for companies across various sectors.
On Friday, foreign institutional investors (FIIs) bought shares worth $336.66 million worth of shares.
The Sensex has gained over 1,400 points after RBI cut interest rates on January 15 as oil’s crash cooled consumer prices.
The tech major has reported revenues of Rs 24,501 crore, a rise of 2.9 per cent on sequential basis and 15.1 per cent on a year-on-year basis.
The markets, however, have never reacted in such a manner to a rate cut action by the central bank.
About 21,000 MoUs will be signed during the three-day long summit.
The Hang Seng in Hong Kong and Nikkei 225 in Japan fell by 1.1 per cent and 1.6 per cent.