BSE Midcap and Smallcap indices have fallen 3 per cent and 4 per cent for the week, respectively, while investors have turned poorer by nearly ₹10 lakh crore in a week as the cumulative market capitalisation of BSE-listed firms has dropped to nearly ₹396.6 lakh crore. Nearly 350 stocks in […]
Market Outlook
Stock market today: Key equity indices, the Sensex and the Nifty 50, closed in the green on Friday, May 10, on buying in shares of select heavyweights, including ITC, Reliance Industries, Bharti Airtel, NTPC, Hindustan Unilever and Power Grid, amid positive global cues. However, Friday’s gains in the market were […]
On Friday, the 30-share BSE Sensex closed at 73,878.15 level, down 732.96 points, or 0.98%. The NSE Nifty 50 ended at 22,475.85, down 172.35 points, or 0.76%. Analysts said that sentiment, fundamentals, and overbought technical situations were in conflict. Excessive optimism, overbought technical conditions, and the revelation that FIIs were […]