The Indian stock markets on Thursday slumpped drastically after witnessing a selling pressure in major markets around the globe and indication from the US Federal Reserve of fewer rate cuts next year, less than anticipation of three or four.
Indian stock markets tanked sharply on Thursday following the selling pressure in major markets around the globe after the US Fed showed signs of fewer rate cuts next year.
The US Federal Reserve in continuing the rate cut cycle cut the interest rate by 25 basis points, according to an official statement following the key FOMC meeting.
Stock indices in India slumped for the third straight session on Wednesday, with investors closely waiting for the Federal Reserve monetary policy decision slated to be announced later today.
The BSE Sensex declined by 110.20 points to 80,574.26, while the NSE Nifty dipped 23.70 points to 24,312.30. Among Nifty companies, 19 advanced, while 30 recorded declines.
New Delhi [India], December 17: In the ever-evolving world of the stock market, New Light Apparels Limited is emerging as a name to watch. Listed on the Bombay Stock Exchange (BSE) under the code 540243, this small-cap textile company is making waves with its impressive growth trajectory and
The BSE Sensex declined by 384.55 points, settling at 81,748.57, while the NSE Nifty shed 100.05 points, closing at 24,668.25. From the Nifty pack, only 9 companies advanced, while 40 stocks declined, reflecting a broadly bearish sentiment.
Ministry of Finance posted on X, "The CPSE indices have outperformed the benchmark indices in the stock market during the past three years (07-10-21 to 07-1024)"
Indian stock markets started the fresh week on a cautious note on Monday, as both indices declined marginally during the opening session. The US Federal Reserve meeting is set to start on Tuesday, and markets around the globe are expecting a 25 basis points cut.
ONGC Green presently has no concrete plans for a stock market listing, the parent company ONGC informed stock exchanges, in clarification after a media report on likely public listing of its subsidiary company.