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.
The Indian stock market saw a sharp decline on December 19, 2024, following the US Federal Reserve’s revised projections for fewer rate cuts in 2025. This decision triggered a global sell-off, impacting the Nifty 50 and BSE Sensex.
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.
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.
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.
The stock market saw a dramatic surge on November 22, 2024, with Sensex closing 1961 points higher at 79,117 and Nifty rising 557 points to hit 23,907. Strong gains in the finance, FMCG, and IT sectors fueled the rally.
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.
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
Guru Nanak Jayanti 2024 brings nationwide closures on November 15, affecting banks, schools, and stock markets. Check the full list of closures across India and state-specific holidays in November.
Indian stock markets faced significant declines on Monday morning, with the BSE Sensex plunging 665 points to 79,058 and the Nifty 50 falling by 229.4 points to 24,074. Analysts warned of heightened volatility this week due to upcoming global events that may impact market stability.
In early trade, the BSE Sensex fell by 322.24 points to 79,682.80, and the Nifty 50 dropped 86.55 points to 24,252.60. This decline follows recent market gains as investors engage in profit booking. Despite the downturn, experts remain optimistic about the overall economic fundamentals.
Infosys shares fell 4.5% despite upgraded FY25 guidance. The stock drop followed the company’s Q2 financial report, which failed to meet investor expectations, resulting in a market value loss of Rs 31,327.94 crore. Here’s what led to the decline.
Key sectors, including IT, banking, and energy, contributed to the market’s upward trend. Major stocks like Infosys, Reliance Industries, and HDFC Bank were among the top gainers.
The Sensex dropped 240 points while the Nifty slipped below 25,000 in early trade, driven by global economic uncertainties and weakness in banking, IT, and energy sectors.
Market sentiment remained strong, driven by optimistic investor outlook and positive global cues. Key sectors such as IT, banking, and FMCG led the early gains, boosting the indices.
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