Market

Concerns over economic slowdown, muted earnings, crisis in the auto industry and global trade issues have been weighing on investor sentiment, experts said.

Global factors to determine market trend this week: Experts

Participants are also awaiting measures from the government to boost growth and revive consumer sentiment, experts added.

18 Aug 2019 11:26 AM

According to the depository data, foreign portfolio investors (FPIs) sold equities worth Rs 10,416.25 crore on a net basis during August 1-16 period. (Photo: Representational)

FPIs pull out Rs 8,319 cr in Aug amid persisting negative sentiment

FPIs, however, invested a net Rs 2,096.38 crore in the debt securities during the period.

18 Aug 2019 11:15 AM

TCS, HDFC Bank, Hindustan Unilever Limited (HUL), HDFC, Infosys, ITC, Kotak Mahindra Bank, ICICI Bank and SBI closed the week with losses.

Nine of top-10 firms lose Rs 84,354 cr in market valuation

Reliance Industries Ltd (RIL) was the only firm among the top 10 companies to post a gain in its market valuation.

18 Aug 2019 11:08 AM

For the week, though the benchmark indices closed in the red, some index constituents shined.

Investors will look to global cues for direction

The Sensex opened over 70 points up at 37,383 after Thursday’s holiday but due weak domestic cues touched an intra-day low of 36,974.

17 Aug 2019 1:00 AM

During the week, the Sensex lost 231.58 points, or 0.60 per cent; while the NSE Nifty gave up 61.85 points, or 0.55 per cent.

Sensex, Nifty end a tad higher; banking, auto stocks save the day

After swinging 470 points during the day, the 30-share Sensex settled 38.80 points, or 0.10 per cent, higher at 37,350.33.

16 Aug 2019 4:33 PM

Globally, gold was trading lower at USD 1,513 an ounce in New York and silver was down at USD 17.26 an ounce. (Photo: Representational)

Gold climbs Rs 475 on jewellers' buying, silver gains Rs 378

Pick-up in demand from local jewellers at the domestic spot market led to the rise in gold prices, analysts said.

16 Aug 2019 3:54 PM

On the Multi Commodity Exchange, crude for delivery in August was trading higher by Rs 18, or 0.46 per cent, at Rs 3,932 per barrel in a business turnover of 23,819 lots.

Crude oil futures up on positive cues

Analysts said speculative positions created by traders led to rise in oil prices.

16 Aug 2019 2:06 PM

Traders said cautious opening in domestic equities, rising crude oil prices, strengthening of the greenback vis-a-vis other currencies overseas weighed on the local unit.

Rupee slips 20 paise to 71.47 vs USD in early trade

At the Interbank Foreign Exchange, the rupee opened weak at 71.33 then fell to 71.47 against the US dollar.

16 Aug 2019 10:31 AM

Top losers in the Sensex pack in early trade included Vedanta, HCL Tech, TCS, Bharti Airtel, Tata Steel, Tata Motors, TechM, SBI and Infosys, shedding up to 2.63 per cent.

Sensex sinks over 300 points; metal, auto stocks drag

The 30-share index pared some opening losses to trade 248.25 points or 0.67 per cent lower at 37,063.28 at 0930 hours.

16 Aug 2019 10:14 AM

At market close Sensex gained 0.96 per cent or 353.37 points to close at 37311.53. The broader Nifty-50 Index closed 0.95 per cent or 103.55 points up at 11029.40.

Market consolidation seen continuing

The broader market too saw some gains with the BSE Mid-Cap Index up 0.85 per cent and BSE Small-Cap Index up 0.41 per cent.

15 Aug 2019 1:42 AM

Globally, gold was trading higher at USD 1,509.09 an ounce in New York, while silver was trading up at USD 17.22 an ounce.

Gold loses sheen, falls Rs 425 on lacklustre demand; silver slips Rs 690

Gold is trading at Rs 37,945 per 10 gram in the national capital due to lacklustre demand from jewellers.

14 Aug 2019 5:25 PM

Top gainers in the Sensex pack included Vedanta, Tata Steel, Yes Bank, Tech Mahindra, Hero MotoCorp, Bharti Airtel, SBI and Bajaj Finance and IndusInd Bank, which rose up to 4.83 per cent.

Sensex gains 353 points; Nifty reclaims 11,000 level

After surging 515 points during the session, the 30-share Sensex settled 353.37 points or 0.96 pc higher at 37,311.53.

14 Aug 2019 4:13 PM

At the interbank foreign exchange, the rupee opened at 71.00, then gained momentum and touched a high of 70.85.

Rupee rises 55 paise to 70.85 against USD in early trade

Forex traders said US delaying new tariffs on Chinese electronics to December 15, also helped investor sentiments.

14 Aug 2019 11:39 AM

The 30-share index pared some opening gains to trade 122.51 points or 0.33 per cent higher at 37,080.67 at 0930 hours.

Sensex, Nifty rebound on positive global cues

Easing inflation numbers, released after market hours on Tuesday, too helped the recovery in domestic market sentiment, traders said.

14 Aug 2019 10:12 AM

Sensex finally closed 1.66 per cent or 623.75 points down at 36958.16 while the broader Nifty-50 Index settled 1.65 per cent or 183.80 points lower at 10925.85.

10830 to act as immediate support

The benchmark Index fell 693 point intra-day as it touched a low of 36,888.49 with major heavy weights down 2 to 5 per cent.

14 Aug 2019 12:57 AM

Negative global cues and selling pressure at higher levels marked the previous upswing as a probable retest of resistance post breakdown and hence the downward momentum continued, Mustafa Nadeem, CEO, Epic Research said.

Investor wealth plummets by Rs 2.21 lakh cr as stocks tumble

At close of trade, the market capitalisation of BSE-listed companies tumbled Rs 2,21,837.81 crore to Rs 1,39,46,997.40 crore.

13 Aug 2019 7:13 PM

Domestic forex market that was already battling against foreign fund outflows for some time has come under more pressure due to currency crisis in Argentina and global trade war concerns.

Rupee hits 6-mth low of 71.40 against USD; dives 62 paise on global turmoil

The domestic currency has lost 71 paise in the past two sessions.

13 Aug 2019 6:59 PM

Globally, gold was trading higher at USD 1,520.37 an ounce in the New York, while silver was quoting higher at USD 17.32 an ounce.

Silver touches all-time high mark of Rs 45,000; gold falls Rs 100

Gold is trading at Rs 38,370 per 10 gram in the national capital, according to the All India Sarafa Association.

13 Aug 2019 3:51 PM

The broader NSE Nifty slumped 183.80 points, or 1.65 per cent, to 10,925.85.

Sensex plummets 624 points on global sell-offs; RIL soars 10 pc

The 30-share Sensex settled 623.75 points, or 1.66 per cent, lower at 36,958.16.

13 Aug 2019 3:39 PM

Forex traders said the strength of the US dollar against other overseas currencies and unabated foreign fund outflows weighed on the local unit.

Rupee falls 38 paise; touches 71 level against US dollar

At the Interbank Foreign Exchange, rupee opened weak at Rs 71.15 then fell further to 71.16 against the US dollar.

13 Aug 2019 10:17 AM