MSCI`s broadest index of Asia-Pacific shares outside Japan lost 1% and Hong Kong`s Hang Seng fell 2%. Tencent, Asia`s second-biggest company by market capitalisation, dropped 9.0%. Mainland China`s CSI 300 Index fell 1.3% while Japan`s Nikkei slipped 0.6%. S&P500 futures slid 0.5%, a Reuters report said. … [Read more...] about Sensex drops over 200 points in opening trade; Nifty slips below 11,200
Taking Stock: Market closes flat! Nifty above 11,200; mid & small-caps shine BSE revises circuit filter for over 600 stocks; Avenue Supermarts, Birla Corp, SpiceJet limit bumped up to 20% Quality picks: Brokerages bet on these 10 stocks, expect 14-37% upside … [Read more...] about Taking Stock: Sensex gives up 32,000 amid weak global cues, stimulus package
“The markets are heading in the right direction. The package did nothing to enthuse the markets. Without this boost, markets were left to worry about the rising virus cases and lacklustre earnings commentary,” Vinod Nair, Head of Research at Geojit Financial Services told Moneycontrol. … [Read more...] about Taking Stock: Mild recovery on Street! Sensex closes a shade below 32K; what should investors do?
According to traders, market sentiment turned choppy tracking weak cues from global indices amid reports that the Trump administration was considering a proposal to crackdown on Chinese companies listed in the US. … [Read more...] about Sensex, Nifty end flat on muted global cues
Most of the 11 major sectors saw moves of less than 1% in subdued trading, a day after a sharp rise thanks to the Reserve Bank of India’s one-time loan restructuring scheme aimed at companies battered by the COVID-19 pandemic. … [Read more...] about Sensex, Nifty end flat as virus cases top 2 million