Selloff in Asian markets, a weaker rupee, a possible dissatisfaction of investors to rupee’s measures by the government pulled the indices lower.
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 32 points or 0.28 percent. Nifty futures were trading around 11,514-level on the Singaporean Exchange.
Sakshi Batra is in conversation with Santosh Nair, Editor, Moneycontrol, on how a depreciating rupee can impact the markets in the week ahead.
Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 37 points or 0.33 percent. Nifty futures were trading around 11,482- level on the Singaporean Exchange.
Sakshi Batra discusses with Gaurav Choudhury , Policy Editor of Moneycontrol, the implications of this new policy on sugarcane farmers who have still not been paid arrears to the tune of Rs 13000 crore.
Sharp buying among major sector such as banks, FMCG, infrastructure, metals, and pharmaceuticals led to the upmove on the Sensex and Nifty.
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 28 points or 0.25 percent. Nifty futures were trading around 11,349-level on the Singaporean Exchange.
At the close of market hours, the Sensex is down 509.04 points or 1.34% at 37413.13, while the Nifty is down 150.60 points or 1.32% at 11287.50.
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 21 points or 0.18 percent. Nifty futures were trading around 11,465-level on the Singaporean Exchange.
India’s trade deficit widened to USD 18 billion for July, while the current account deficit (CAD), too, widened to 2.4 percent of GDP.
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 47 points or 0.4 percent. Nifty futures were trading around 11,588-level on the Singaporean Exchange.
The rupee is at its most vulnerable point historically. Moneycontrol Editor Santosh Nair takes you through the impact of currency depreciation on markets.
The midcap index ended with gains of over a percent and outperformed the benchmarks.
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 22 points or 0.19 percent. Nifty futures were trading around 11,566-level on the Singaporean Exchange.
Along with the currency, rally in index heavyweights such as Reliance Industries and HDFC twins helped indices see a strong surge as well.
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 30.5 points or 0.27 percent. Nifty futures were trading around 11,534-level on the Singaporean Exchange.
The Sensex managed to recover over 250 points from its low point, while the Nifty shed about 70-odd points from its low point. Both indices closed in the red.
Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 22.5 points or 0.19 percent. Nifty futures were trading around 11,560-level on the Singaporean Exchange.
Investors were likely to have been worried about macro effect of higher crude oil prices, even as Brent crude touched USD 79 per barrel.
Trends on SGX Nifty indicate a flat opening for the broader index in India, a fall of 1 point or 0.01 percent. Nifty futures were trading around 11,629-level on the Singaporean Exchange.
While FMCG were one of the big laggards through the day, weakness among banks, along with IT, pharmaceuticals, energy, and infrastructure sectors also weighed on the indices.
Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 21 points or 0.18 percent. Nifty futures were trading around 11,750-level on the Singaporean Exchange.
Here's a wrap of the market action this week and the triggers to watch out for next week.
A weak rupee, higher crude oil prices along with selloff in midcaps were one of the major reasons behind the downtrend on the market.
Trends on SGX Nifty indicate a flat to negative opening for the broader index in India, a fall of 10 points or 0.09 percent. Nifty futures were trading around 11,749-level on the Singaporean Exchange.