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Sensex drops 260 pts as RBI measures fail to cheer investors

by pallanus | May 22, 2020 | Business News

Equity benchmark BSE Sensex tumbled 260 points on Friday, dragged by losses in banking and financial stocks as RBI’s rate cut and other measures to prop up the economy failed to meet market expectations. After falling over 450 points during the day, the 30-share...

Markets slump as coronavirus relief package fails to impress investors

by pallanus | May 18, 2020 | Business News

Indian markets fell sharply after a weak opening on Monday as the Covid-19 economic revival package announced by the government left investors unimpressed. At around 9:30 am, BSE Sensex was down almost 200 points while NSE Nifty was trading below 9,100 points. By 9:45...

Investors nervous ahead of PM Modi’s address, Sensex down over 400 points

by pallanus | May 12, 2020 | Business News

At around 2 pm, BSE Sensex was down just over 140 points, while NSE Nifty went above 9,200 points.  While markets are still trading in negative territory, both Sensex and Nifty have made a comeback. (Photo: Reuters) Indian shares markets seem to be staging a recovery...

Markets open in red as second wave coronavirus infections spooks investors

by pallanus | May 12, 2020 | Business News

Domestic markets opened in negative territory on Tuesday, following global sentiments as investors remain concerned about countries reporting another wave of Covid-19 infections. At 9:30 am, BSE Sensex was trading 381.28 points or 1.21 per cent lower at 31,179.94,...

Global stocks climb as investors look past new coronavirus wave

by pallanus | May 11, 2020 | Business News

European shares climbed on Monday as investors clung to signs that more countries were restarting their economies and looked past reports of a pick-up in new coronavirus cases. The gains for stocks, while small, began in Asia where markets cheered further loosening of...
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