At the opening bell, the Sensex plunged by 1,135.48 points to 75,333.30, while the Nifty dropped by 408.35 points to open at 22,855.55. Among the Nifty companies, only 6 were advancing, and 44 were declining, reflecting widespread caution among investors.
Mumbai (Maharashtra) [India], May 29: In the vast landscape of investment options available to Indian investors, fixed deposits (FDs) have long been considered one of the safest choices. With a reputation for stability and reliability, FDs are favored by those seeking steady returns without
Indian stock markets closed marginally below on Tuesday after a high volatility during the trading. The equity markets experienced a pause after a three-day streak of record highs.
The S&P BSE Sensex breached the remarkable 76,000-mark for the first time, hitting 76,010, while the NSE Nifty50 scaled a new summit at 23,111 before retracting into negative territory.
Irrespective of who forms government at the Centre, sectors such as FMCG, auto, healthcare, IT services, private banks, and capital goods are expected to perform well, stated brokerage Prabhudas Lilladher in its latest report, 'India Strategy Report - Mandate 2024, Brace of Volatility'.
The RBI recently clarified that NBFIs should comply with existing regulatory caps on disbursal of loans in cash to below Rs 20,000 (around USD 240). This compares to a higher Rs 200,000 cap on general cash transactions for individuals, which some lenders, the rating agency said, had adopted
Regarding the ongoing volatility in the Indian stock market, Minister of External Affairs S Jaishankar on Monday expressed confidence that markets would stabilize after the election results.
The Nifty-50 Index and Sensex both experienced losses of around 3 percent each over the past week, while the mid-cap index saw a decline of 3.9 percent. The Indian market has been consistently under pressure from selling by investors, leading to significant volatility in the past week.
Pune (Maharashtra) [India], May 10: When it comes to investing in the financial markets, each asset class poses unique opportunities. Equities come with enhanced growth potential but high volatility. Debt can lend stability to a portfolio, especially in turbulent markets, but may not generat
Indian stock markets experienced high volatility during Wednesday's trading session amid concerns about the decreasing voter turnout in the ongoing general elections in India. The volatility index VIX reached a 15-month high after increasing by more than 40 percent over the last month.
After a positive start on Tuesday, the Indian stock market encountered selling pressure, leading to both indices slipping into the negative territory by the time the closing bell rang.