Indian stock indices, after having extended gains for the fourth straight session till the previous session, fell marginally on Thursday morning, tracking overnight weak sentiments from US markets. Also, foreign capital outflows, widening current account deficit, and tightening monetary policy globally to tame inflation were some of the concerns among […]
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Indian stocks decline on price rise concerns; US inflation in focus now
Volatility in Indian stock markets continues to remain as they again declined on Thursday morning. Today’s decline was largely due to elevated inflation levels in the country. At 9.42 am, Sensex traded at 57,372.97 points, down 252.94 points or 0.44 per cent, whereas Nifty traded at 17,057.90 points, down 65.70 […]
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Indian stocks fall on US Fed’s rate hike move; Rupee depreciates to new low
Indian stocks declined, though marginally, on Thursday morning in line with weak global cues, following yet another policy rates hike by the US Federal Reserve in its fight against high inflation. However, a steep decline was likely cushioned as investors seemed to have already discounted the possible rate hikes by […]
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Indian stocks extend losses into third straight day
Indian stocks extended their losses into the third straight session tracking a sharp fall in stocks in the US market coupled with some profit booking after the recent month-long bull run. At 9.27 a.m., Sensex traded at 58,661.81 points, down 112.06 points or 0.19% percent, whereas Nifty traded at 17,478.75 […]
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Indian stocks largely steady, RBI’s policy outcome in focus
Indian stocks traded largely steady this morning ahead of the Monetary Policy statement of the Reserve Bank of India Governor Shaktikanta Das scheduled at 10 a.m., where he will announce the outcomes of the latest monetary policy review meeting. At 9.26 IST, Sensex traded at 58,467.96 points, up 169.16 points or 0.29 percent, whereas […]