Stocks turn bearish amid broad-based selloff
News | December 15, 2020 12:40 ISTEquity benchmark indices dropped by 0.7 per cent during early hours on Tuesday as traders booked profits amid weak signals from Asian markets.
Equity benchmark indices dropped by 0.7 per cent during early hours on Tuesday as traders booked profits amid weak signals from Asian markets.
The Indian equity benchmark indices were trading in the green on Tuesday afternoon. The 30-scrip BSE Sensex opened at 44,435.83 and was trading at 44,538.52 (at 12:15 pm), up by 388.80 points or 0.88 per cent.
Equity benchmark indices were flat during early hours on Tuesday tracking Asian peers which witnessed downside in early deals.
Equity benchmark indices were up with a slight positive bias on Monday ahead of crucial Goods and Services Tax (GST) Council meeting to be chaired by Union Finance Minister Nirmala Sitharaman.
Equity benchmark indices ticked up by over half per cent during early hours on Wednesday following mixed global cues amid uncertainty on US stimulus package and surging coronavirus cases.
Equity benchmark indices traded higher during early hours on Tuesday as Asian stock markets rose to a two-week high after US President Donald Trump was discharged from hospital following treatment for COVID-19.
Equity benchmark indices traded higher during early hours on Friday amid mixed cues from their Asian peers.
Equity benchmark indices traded lower during early hours on Thursday on the back of weak global cues after the US Federal Reserve indicated the interest rate could stay close to zero for years.
Equity benchmark indices traded firm during early hours on Monday on the back of positive global cues as hopes of a coronavirus vaccine were rekindled after AstraZeneca resumed its phase three trial. At 10:15 am, the BSE SandP Sensex was up by 273 points or 0.7 per cent at 39,127 while the Nifty 50 gained by 69 points or 0.6 per cent at 11,534.Except for Nifty pharma and FMCG.
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