Equity benchmarks Sensex and Nifty opened on a cautious note on Tuesday as market participants preferred to book profits at higher levels after an eight-session market rally.
Equity benchmark index Sensex rallied 327 points on Friday, extending gains for the seventh straight session on the back of financial stocks after the RBI left benchmark rate unchanged but decided to maintain an accommodative stance.
Equity benchmark Sensex on Thursday rose to 340 points to reclaim 40,000-mark amid positive cues from global markets and sustained foreign fund inflow.
Equity benchmark indices moved up during early hours on Friday as Asian markets rose on hopes of a US stimulus package.
Domestic equity benchmark Sensex plunged 433 points on Friday, tracking heavy losses in banking, consumption and auto stocks amid a selloff in global markets.
Equity benchmarks Sensex and Nifty ended marginally lower on Thursday after a volatile session amid expiry of monthly derivative contracts.
The mutual fund industry added 6.12 lakh investor accounts in May, taking the total tally to 9.1 crore, amid volatile market conditions and concerns over the impact of coronavirus pandemic.
Shares of Reliance Industries on Friday reversed early losses and closed over 3 per cent higher, helping the benchmark indices to finish with gains.
The mutual fund industry raised Rs 8,123 crore through the SIP route last month, lower than Rs 8,376 crore mopped up in April, according to the latest data from the Association of Mutual Funds in India (Amfi).
Benchmark Sensex plunged 414 points on Tuesday, dragged by heavy losses in heavyweights HDFC Bank, RIL and ICICI Bank as investors fretted over the rising number of COVID cases in the country.
Equity benchmark Sensex rallied 522 points on Tuesday led by gains in banking stocks as investors seemed to gather more confidence from staggered opening of the economy by the government.
Equity benchmark indices gained nearly one per cent during early hours on Tuesday while tracking gains in Asian markets.
The impact of coronavirus is being seen on the New York Stock Exchange as Dow plunged 2,250 points at the opening on Monday. The sharp fall has been on the back of growing fears of coronavirus and drop in oil prices.
Dubai Exchange has closed trading floor to prevent the spread of coronavirus as people across the world continue to fall sick after getting infected by the deadly virus.
In the opening session, Sensex opens at 33,876.13, down by 1,821.27 points on Thursday. Nifty at 9,916.55, down by 541.85 points. The equity benchmark on Wednesday ended 62 points higher after a volatile session as risk sentiment remained subdued amid rising coronavirus cases in the country
Stocks went into a steep slide Monday on Wall Street as a combination of coronavirus fears and a crash in oil prices spread alarm through the market, triggering the first automatic halt in trading in over two decades to let investors catch their breath.
Stocks plunged 7% on Wall Street Monday, triggering a trading halt for 15 minutes. The steep drop followed similar falls in Europe after a fight among major crude-producing countries jolted investors already on edge about the widening fallout from the outbreak of the new coronavirus. Indexes in London and Frankfurt dropped by more than 7%.
At 1 pm, S&P Sensex index plummeted as much as 2,100 points to hit 35,543 after opening 1,176.49 points down in the early trade on Monday. The broader NSE Nifty benchmark hit a 15-month-low, down by 588.90 at 10,400.
Stock market, Maha Shivratri, BSE, NSE, India, Bombay Stock Exchange, National Stock Exchange, commodity markets, BSE S and P
The Indian stock market continues to be upbeat about the country's growth prospects, despite deceleration in GDP growth for the sixth consecutive quarter, the Economic Survey 2019-2020 said, adding that the BSE Sensex has increased 7 per cent till December 2019 over March.
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