Markets

Stock market falls sharply; Risk of global recession, monetary tightening could trigger bearish rally

The BSE Sensex opened at 61,608 points and gave up 507 points or 0.82%; the NSE Nift-50 opened at 18,340 points and lost 151 points or 0.82%. Nifty Bank also experienced a steep decline after touching a historical high of 44,151 points last week

Dec 20, 2022

Sensex, Nifty regain slight momentum but market consolidation continues as year-end triggers remain mute

The BSE Sensex is trading at 61,560 points, 228 points or 0.37% higher than the previous close of 61,337, while the Nifty-50 is trading at 18,346 points, 75 points or 0.41% higher than the previous close of 18,269 points as of 1:20 PM.

Dec 19, 2022

Only 2% of cryptocurrencies have a 'healthy' liquidity, finds study

As major crypto exchanges like FTX go bankrupt amid high volatility, almost 90 per cent of cryptocurrencies have a low trading volume, with just 2 per cent of crypto coins having a healthy liquidity, a new study has found

Dec 17, 2022

Stock market drags further as weak global cues and hawkish central banks affect market sentiments

Sensex is trading at 61,661 points as of 1:30 PM, which is 133 points lower than the previous close of 61,799 points while Nifty-50 is trading at 18,365 points, which is about 50 points lower than the previous close of 18,414 points

Dec 16, 2022

Stock market tumbles as Fed's hawkish stance drives down investors' sentiments

The BSE Sensex is trading down 400 points or 0.6% to 62,254, giving up yesterday's gain, whereas Nifty-50 shed almost 120 points or 0.6% and trading down at 18,542 as of 12:30 pm

Dec 15, 2022

Market maintains upward momentum ahead of Fed's policy; Inflation shows signs of easing

BSE Sensex opened at 62,685 points and currently trading between the range of 62,700 to 62,800 points, whereas NSE Nifty-50 opened at 18,671 points and currently trading well above the 18,500-mark

Dec 14, 2022

Domestic equity market turns positive as inflation drops to year's lowest at 5.88%; investors eye US's CPI data and Fed's stance

The domestic benchmark started trading in the green on Tuesday after yesterday's sluggish performance. The BSE Sensex opened at 62,300 points and currently trading close to the 62,500 mark; meanwhile, Nifty-50 opened at 18,524 and currently trading close to the 18,600 mark.

Dec 13, 2022

Who's Sam Bankman-Fried? Former CEO of FTX arrested in Bahamas

Former CEO of bankrupt crypto exchange FTX, has been arrested in the Bahamas, at the request of the US authorities as he was expected to testify online before the US House Financial Services Committee

Dec 13, 2022

Markets to remain nervous; investors await Fed's policy outcome and India's inflation data

The BSE Sensex opened at 61,770 and almost fell 500 points in the early hour of trading, but it regained some of the lost ground and currently trading between the range of 62,100 to 62,300, while Nifty-50 opened at 18,402 and dipped 100 points in the early hour but it also trimmed the losses and it is currently trading close to 18,500 mark

Dec 12, 2022

First-ever surety bond insurance product to be launched on Dec 19: Gadkari

Minister for Road Transport and Highways Nitin Gadkari announced on Thursday that the country's first-ever Surety Bond insurance product would be launched on December 19

Dec 9, 2022

Stock market opens marginally positive but turns negative soon

Indian equity market opened with marginal gains on Friday, taking a hint from global counterparts. The BSE Sensex opened at 62,690 points and was trading below the 62,500 mark, whereas the NSE Nifty-50 opened at 18,662 and currently trading above the 18,500 mark.

Dec 9, 2022

Stock markets show marginal rise amid risk of global spillover; Investors await Gujarat and HP assembly election results

The Indian benchmark indices showed marginal improvement after opening on a flat note, taking cues from weak global cues. BSE Sensex was trading higher than the 62,500 mark and opened at 62,504 points and NSE Nifty-50 surpassed the 18,600 mark after opening at 18,570 points.

Dec 8, 2022

Morgan Stanley raises index targets for Asia and emerging markets

Investment advisory firm Morgan Stanley has raised Asia and emerging market (EM) index targets in its latest report titled "Asia Emerging Markets Strategy: New Bill Run Market Continues", which was released on Monday.

Dec 6, 2022

Stock market opened on sluggish note on the back of better-than-expected US job report, Indian investors wait for MPC outcome

Indian benchmark indices continue to tumble as investors wait for the outcome of the MPC meeting that began on 5th December and will be concluded on 7th December. BSE Sensex continues to trade 250-300 points lower after opening at 62,395 points and NSE Nifty-50 also remains well below the 18,700 mark after opening at 18,600 points.