Category: Stock Market

Indian Stock Markets Closed, Asia Trade Higher

Indian stock markets were close today for a festival holiday, while most of Asia was trading with gains. Dow Futures were trading higher by almost 0.20 per cent, while the SGX Nifty was up 33 points in trade.

The Japanese Nikkei was trading with gains of nearly 1 per cent, while the Australian S&P ASX 200 was trading with gains of 1.5 per cent.

Indian markets had closed weak on Friday, following a slide in banking stocks. This was after the RBI announced a moratorium extension for another three months.

Meanwhile, this week the markets would watch corporate numbers, as well as spiralling tensions between the United States and China.

Google parent Alphabet sees higher revenue and profits despite Covid-19 pandemic; shares jump

Google parent Alphabet sees higher revenue and profits despite Covid-19 pandemic; shares jump Google parent Alphabet on Tuesday outshined dim earnings expectations, showing higher revenue and profits despite a coronavirus-induced slowdown in its core digital advertising operations in March. Alphabet shares leapt more than eight percent in after-hours trades following release of earnings figures that…

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Positive market breadth leading to recovery from support – Expert

Positive market breadth leading to recovery from support – Expert PUNE: The Nifty index on Thursday broke its two-day losing streak and ended up 67.50 points higher at 8992.80. At the start of the year, Nifty opened at 12202.15 but started witnessing a significant downward trend from March. Similarly, the BSE Sensex on Thursday was up…

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Business – Sensex drops over 400 pts; Nifty tumbles below 8,200

Business – Sensex drops over 400 pts; Nifty tumbles below 8,200 Mumbai: Equity benchmark Sensex tumbled over 400 points in early trade on Friday led by losses in banking and auto stocks as investor sentiment continued to be weighed down by the uncertainty over the COVID-19 pandemic and its economic impact. After hitting a low of…

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Sensex plunges 1,203 pts; Nifty tanks below 8,300

Sensex plunges 1,203 pts; Nifty tanks below 8,300 Equity benchmark Sensex plummeted over 1,203 points on Wednesday, in line with a global selloff as investors fretted over the impact of prolonged worldwide lockdowns due to the Covid-19 pandemic. Starting the new financial year on a poor note, the 30-share BSE barometer slumped 1,203.18 points or…

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Business – Sensex plunges over 700 pts; Nifty drops below 8,400

Business -/Sensex plunges over 700 pts; Nifty drops below 8,400 Mumbai: Equity benchmark Sensex slumped over 700 points in early trade on Wednesday tracking losses in index heavyweights Reliance Industries, Kotak Bank, HDFC Bank and Infosys amid weak cues from global markets. Starting the new financial year on a negative note, the 30-share BSE barometer was…

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Market Update – Sensex, Nifty Open In Red On Wednesday

Market Update – Sensex, Nifty Open In Red On Wednesday New Delhi : The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade. The Sensex of the BSE opened at 29,505.33 points and touched a high of 59,505.98. The Sensex touched a low of 29,107.98 point. On…

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Coronavirus – Philippines suspends trading on stock exchange

Sri Lanka followed suit after the Philippines became the first country to close down its stock market. The PSE may resume operations on Thursday.The Philippine Stock Exchange (PSE) on Tuesday suspended trading operations. It is the first stock exchange in the world to close down owing to the recent COVID-19 (Coronavirus SARS-CoV-2) outbreak. The closure…

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Investors get poorer by Rs 7.62 lakh crore as coronavirus fears deepen

Investors’ wealth eroded by Rs 7.62 lakh crore on Monday as markets witnessed yet another sharp fall, with the Sensex plunging 2,713.41 points as coronavirus scare continued to hit market sentiment. The market capitalisation of BSE-listed companies dropped by Rs 7,62,290.23 crore to Rs 1,21,63,952.59 crore at the close of trade. The drop in investor…

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