Investors lose ₹10 lakh cr as Sensex, Nifty crash nearly 2%; what fuelled sell-off on D-Street?
The BSE Sensex declined 1,492 points, or 1.87%, to hit a low of 78,233, while the NSE Nifty lost 488 points, or 2%, to 23,816 levels.
The BSE Sensex declined 1,492 points, or 1.87%, to hit a low of 78,233, while the NSE Nifty lost 488 points, or 2%, to 23,816 levels.
Any narrowing of spread between dollar and yen rates can again create havoc in global equities.
In two sessions, the BSE Sensex has lost 3,280 points, while the Nifty has fallen 818 points, amid concerns about a U.S. economic slowdown.
With July addition, total foreign portfolio investment (FPI) in Indian equities reached ₹11,163 crore in CY24.
SEBI also proposed to increase the limit of securities' value held in basic services demat account (BSDA) to ₹10 lakh
India’s second-biggest bank may not be the cynosure of investors as the merger with HDFC weighs heavy, shaving off 16% of its market cap. But who can afford to ignore the 800-Pound gorilla?
A cocktail of buoyant GDP growth, benign inflation and business-more-than-usual have created a feel-good factor in 2023 — now brace for volatility in the New Year.
Investors lost nearly ₹3.5 lakh cr in intraday trade on Thursday as BSE Sensex tumbled as much as 929 points
The equity benchmark indices continued their record setting spree on Monday on the back of sustained fund inflows by foreign portfolio investors.
High-risk FPIs having more than the 50% concentration threshold in a single corporate group will be provided a window of 6 months to bring down such exposure, says SEBI paper.