The stock markets continued to decline on Friday, with the Sensex falling by 400 points and Nifty dipping below 23,900 due to FPI selling and a weakening rupee. Experts suggested global market uncertainty, triggered by the US Federal Reserve’s decision to slow down rate cuts, is adding pressure.
Stock market crash: The stock market was keeping an eye on what the Fed would indicate regarding rate cuts in 2025 and has been disappointed in this matter. The Fed estimates that there could be a rate cut of 0.25 percent only twice in 2025.
Indian equity markets opened lower on Wednesday with the Sensex dropping 149.31 points to 80,535.14 and the Nifty 50 slipping below 24,300. Banking, auto, and energy sectors saw significant losses while IT stocks showed resilience.
The BSE Sensex plunged sharply, trading below the psychological 81,000 level as investor sentiment remained weak. The broader NSE Nifty 50 also mirrored the decline, slipping over 1% during intraday trade.
BSE Sensex opened over 100 points down, while Nifty50 traded above 24,650 on Monday. Global economic data, including GDP figures from major economies and CPI data from India, will shape market sentiment this week.
In the early trade, the 30-share BSE Sensex climbed 10.06 points to 81,767.24. Meanwhile, the Nifty was down by 9.55 points at 24,698.85.
Out of the 30 companies in the Sensex, 19 opened with gains in the green zone, while 9 companies opened in the red zone with losses. Similarly, in the Nifty, 25 companies opened with gains in the green zone, and 24 companies opened in the red zone.
In the early trade, the 30-share BSE Sensex climbed 281.12 points to 80,529.20. Meanwhile, the Nifty was also up by 91.45 points to 24,367.50.
India's share markets opened with a mixed performance. On Monday, 11 out of 30 Sensex companies opened in the green, while 15 saw losses, and four traded flat.
Nifty crosses 24,000 as Sensex surges over 400 points after a flat opening.
In the early trade, the 30-share BSE Sensex climbed 31 points to 80,250. Meanwhile, the Nifty was also up by 2 points to 24,250.
On Wednesday, the Indian stock markets showed a mixed performance, with the BSE Sensex and NSE Nifty both starting the day cautiously.
In the early trade, the 30-share BSE Sensex climbed 306.05 points to 80415.90. Meanwhile, the Nifty was also up by 100.55 points to 24,322.45.
Stock markets update: In the early trade, the 30-share BSE Sensex climbed 1287.45 points to 80,404.56. Meanwhile, the Nifty was also up by 408.5 points to 24,315.75.
In the early trade, the 30-share BSE Sensex gained 569.93 points to 77,725.72. Meanwhile, the Nifty also jumped 173.75 points to 23,523.65.
In the early trade, the 30-share BSE Sensex fell 416.66 points to 77,161.72. Meanwhile, the Nifty also declined 153.55 points to 23,364.95.
Earlier, the stock market holiday schedule for November 2024 listed only two holidays. However, following the announcement of the Maharashtra Assembly Elections, the Bombay Stock Exchange and the National Stock Exchange declared November 20 as an additional holiday.
In the early trade, the 30-share BSE Sensex climbed 591.19 points to 77,930.20. Meanwhile, the Nifty was also up by 188.5 points to 23,642.30
In the early trade, the 30-share BSE Sensex fell 156.72 points to 77,423.59. Meanwhile, the Nifty also declined 64.25 points to 23,468.45.
In the sectoral indices on the National Stock Exchange, except for Nifty Auto, Nifty Metal, and Nifty Realty, all other indices opened with a decline. Nifty Consumer Durables faced heightened selling pressure during the opening session.
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