Mumbai, March 20 Benchmark stock indices Sensex and Nifty gave up most of their intra-day gains to end nearly half a per cent higher on Friday, following intense buying in PSU bank, IT, and metal stocks amid concerns over further spikes in fuel-driven inflation.In another volatile session, the...
Mumbai, March 18 The benchmark indices Sensex and Nifty in the Indian stock market ended nearly 1 per cent higher on Wednesday, extending their winning streak to the third day in a row, amid a slight drop in crude oil prices and a firm trend in global markets.A rally in IT stocks also...
Mumbai, February 26 The benchmark indices Sensex and Nifty rose in early trading on Thursday, driven by buying in IT stocks and fresh inflows of foreign funds.A rally in the US markets also helped the benchmark indices build gains during the initial trading session.The 30-share BSE Sensex...
Mumbai, February 25 Sanjiv Puri, the chairman and managing director of diversified group ITC, on Wednesday termed the sharp corrections in information technology stocks as an "overreaction" by investors.Highlighting that technology has always played an enabling role, Puri said the company...
Mumbai, February 25 The benchmark equity indices, Sensex and Nifty, rallied in the early trading session on Wednesday, recovering from the sharp fall in the previous session, driven by buying in IT stocks and a positive trend in global markets.The 30-share BSE Sensex jumped by 558.79 points to...
Mumbai, February 24 – The Sensex and Nifty benchmark indices tumbled by more than 1% on Tuesday, driven by heavy losses in IT stocks amid concerns over disruption caused by artificial intelligence and renewed trade-related uncertainties.Rising global crude prices, fueled by escalating US-Iran...
Mumbai, February 24 The benchmark equity indices, Sensex and Nifty, fell by more than 1% on Tuesday, dragged down by heavy losses in IT stocks amid concerns over disruption caused by artificial intelligence and renewed uncertainties related to trade.Rising global crude prices, coupled with...
Mumbai, February 24 The benchmark indices Sensex and Nifty fell by nearly 1% in early trading on Tuesday, driven by a sharp sell-off in IT stocks amid rising fears of disruption caused by AI.In addition, rising crude oil prices and renewed concerns about global trade following US President...
Mumbai, February 18 The benchmark indices Sensex and Nifty began trading on a negative note on Wednesday, tracking losses in IT and services stocks in a volatile session.Following a bearish start, the 30-share BSE Sensex further declined by 247.92 points, or 0.30 percent, to close at...
New Delhi, February 17 Amid the tech stock meltdown due to AI, IT Minister Ashwini Vaishnaw on Tuesday advised the Indian IT industry to focus on reskilling and upskilling the workforce and talent pool."Whenever any technology transition happens, it has to be managed jointly by the industry...
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New Delhi, February 15 Foreign Portfolio Investors (FPIs) staged a significant turnaround in early February, injecting ₹19,675 crore into Indian equities during the first fortnight, fueled by the US-India trade deal and easing global macroeconomic concerns.These inflows followed three...
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Mumbai, February 13 Investors' wealth eroded by ₹7.02 lakh crore in a single day on Friday as stock markets faced heavy losses, with the BSE Sensex tumbling 1,048 points due to a broad-based sell-off, especially in metal, IT, and commodity stocks, tracking sluggish global markets.A...
Mumbai, February 13 – The benchmark equity indices, Sensex and Nifty, fell by more than 1% on Friday due to a broad-selling trend, particularly in metal, IT, and commodity stocks, reflecting sluggish global markets.Weaker-than-expected earnings and growing concerns about disruption caused by...
Mumbai, February 13 The benchmark equity indices, Sensex and Nifty, fell by more than 1% on Friday due to a broad sell-off, particularly in metal, IT, and commodity stocks, reflecting sluggish global markets.In a volatile session, the 30-share BSE Sensex declined by 1,048.16 points, or 1.25%...
Mumbai, February 13 Benchmark equity indices Sensex and Nifty fell by over 1% in early trading on Friday, led by sharp losses in IT stocks amid weak global cues and persistent concerns over disruptions caused by artificial intelligence, which weighed on investor sentiment.The 30-share BSE...
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Mumbai, February 12 – The benchmark BSE Sensex fell by 558 points on Thursday, driven by heavy selling in IT stocks, as concerns over disruptions caused by AI and waning expectations of a rate cut by the US Federal Reserve weighed on investor sentiment.The 30-share BSE Sensex declined by...
Mumbai, February 12 The benchmark BSE Sensex fell by 558 points on Thursday amid heavy selling in IT stocks, as concerns over disruptions caused by AI and waning hopes of a Fed rate cut after strong US economic data weighed on investor sentiment.The 30-share BSE Sensex declined by 558.72...