As per the market analysts, the declining global sentiment after the disappointment that arose after the earnings disclosure of Alphabet and Tesl have greatly impacted the market globally.
Among the sectoral indices, Nifty Bank deteriorated and remained in red while other sectors that remained in red territary were Financial Services, Media and Private stocks were seen trading in red.
Among the sectoral indices on NSE, Nifty Bank, Financial services, FMCG, IT, Media, Metal, Pharma, Realty, Healthcare, Oil and gas, and consumer durables started in the green territory.
The market capitalization of the State Bank of India (SBI) crossed the Rs 8 lakh crore mark on Monday after the bank's shares surged to a record high of Rs 907.
The BSE Sensex, a 30-share benchmark index, concluded the day at 71,731.42, marking a decline of 354.21 points, equivalent to a 0.49 per cent decrease. Simultaneously, the NSE Nifty closed at 21,771.70, down by 82.10 points, representing a 0.38 per cent decline. The Nifty Bank observed a 0.3
Pune (Maharashtra) [India], January 17: Bajaj Finserv AMC has introduced two new fund offerings, namely Bajaj Finserv Nifty 50 ETF and Bajaj Finserv Nifty Bank ETF, which became available for subscription on January 15, 2024. Marking the company's foray into the ETF market, this strategic in
Pune (Maharashtra) [India], January 16: Bank Exchange-Traded Funds (ETFs) have emerged as suitable investment options, gathering attention from savvy investors seeking exposure to the financial sector. These specialized funds offer a unique way to invest in the banking industry, providing se
On Friday, The S&P BSE Sensex was gained 123.38 points or 0.20 per cent to 62,027.90. The Nifty 50 index added 17.80 points or 0.1 per cent to 18,314.80.
Stock indices in India declined sharply to start the fresh week, pulled down by a sharp dip in banking and financial stocks following the collapse of two US banks in a matter of two-to-three days.
Banking and financial stocks were the top losers, with Nifty bank, Nifty financial services, Nifty PSU bank, and Nifty private bank declining the most. They declined in the range of 2.1-3.6 per cent.