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August 5, 2024 11:08 AM

Stock Market: Sensex tanked 2,401 points & Nifty tumbled 490 points

Domestic benchmark indices tumbled in early trade today in line with extremely weak trends in global markets amid fears of a slowdown in the US economy and foreign fund outflows. The Sensex at the Bombay Stock Exchange tanked 2,401 points to 78,580 in morning trade. The Nifty at the National Stock E...

August 4, 2024 6:35 AM

FPIs invest 54,727 crore rupees in equity & debt in July, 2024

Foreign portfolio investors (FPIs) invested 54,727 crore rupees in equity and debt in the month of July, 2024. According to data from the National Securities Depository Limited (NSDL), FPIs allocated 32,364 crore rupees to equity and 22,363 crore rupees to debt during the same period. Experts attrib...

August 3, 2024 6:40 PM

Market Ends Eight-Week Gaining Streak Amid Global Trends and Weak Economic Data

The market snapped the eight week gaining streak after Friday's correction erased the weekly gains, following world equity markets trend amid weak economic data. However, during the week, the benchmarks recorded a fresh all-time high after the Fed Chair indicated possible rate cut at the September m...

August 2, 2024 8:13 PM

Indian Bullion Market: Gold Rises 0.96% to ₹70,710; Silver Up 1.7% to ₹84,270

At 7 PM today in the Indian Bullion Market, 24 Karat Gold increased by 0.96 per cent and is trading at 70,710 rupees. Silver 99 fine also increased by 1.7 per cent and is trading at 84,270.

August 2, 2024 8:13 PM

Wall Street Stocks Plunge: S&P 500 Down 1.4%, Nasdaq Falls 2.3% Amid US Recession Fears

Wall Street stocks tumbled yesterday after weak manufacturing data sparked worries about a US recession. The S&P 500 sank 1.4 percent. The Dow Jones Industrial Average dropped 1.2 per cent. The Nasdaq Composite saw the steepest decline, collapsing 2.3 per cent.

August 2, 2024 8:11 PM

All Major Asian Indices Fall: Japan’s Nikkei Plunges 6%, South Korea’s Kospi Lost 3.79%

All five major Asian Indices closed in red today. Japan's Nikkei plunged over six per cent, its biggest daily fall since the March 2020 COVID-19 crisis. South Korea's Kospi lost 3.79 per cent, Hong Kong's Hang Seng dropped 2.12 per cent, Singapore's Straits Times index declined 1.14 per cent, and Ch...

August 2, 2024 8:11 PM

Indian Rupee Slides to 83.75 as Local Stocks Decline

The Indian rupee slipped today as local stocks declined, tracking a global equity sell-off caused by concerns of a slowdown in the United States. The rupee depreciated 0.04 per cent to close at 83.75 against the U.S. dollar. The dollar index, which indicates its strength against a basket of six othe...

August 2, 2024 6:03 PM

Record 7.28 Crore ITRs Filed for 2024-25 by July 31

A record 7.28 crore income tax returns (ITRs) have been filed for 2024-25 till 31st July. The Finance Ministry said in a statement that this is 7.5 per cent more than the total ITRs for 2023-24 filed till 31st July 2023. An increasing number of taxpayers have opted for the New Tax Regime this year. ...

August 2, 2024 6:01 PM

Indian Markets Drop Over 1% as Nifty & Sensex Slide; Brent Crude at $79.78, Gold & Silver Prices Update

India's equity benchmark indices dropped over one per cent, tracking weak global cues. In early trade, both domestic indices, the Nifty and Sensex, plunged due to a broad sell-off. At close, Sensex slumped over one per cent, or 886 points, at 80,982, while Nifty50 dropped 293 points, or 1.17 per cen...

August 2, 2024 2:18 PM

Sensex, Nifty plunge nearly 1% in early trading due to a broad selloff

Equity benchmark indices, the Nifty50 and Sensex opened lower today, tracking weak global cues. Both domestic indices plunged nearly 1% in early trading due to a broad selloff. Sensex, the pack of 30 companies were trading 678 points or 0.83 per cent down at 81,190 while Nifty 50 was down 215 points...

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