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Tag: Sensex

  • Sensex Jumps Over 1,300 Points After Trump Pauses Tariffs Till July 9

    Sensex Jumps Over 1,300 Points After Trump Pauses Tariffs Till July 9


    New Delhi: The Sensex witnessed a sharp rally of more than 1,300 points on Thursday after US President Donald Trump announced a 90-day pause on trade tariffs for most countries, including India. 

    The announcement lifted investor sentiment in the country, even as some Asian markets remained under pressure due to renewed trade war tensions between the US and China.

    The Sensex jumped 1,310.11 points, or 1.77 per cent, to close at 75,157.26. During the day, the index touched an intra-day high of 75,467.33, while it slipped up to 74,762.84.

    The Nifty also surged by 429.40 points, or 1.92 per cent, to settle at 22,828.55.

    The Nifty faced resistance around the 21-EMA on the daily timeframe, leading to a close off the day’s high.

    “The trend appears bearish unless it decisively moves above 23,000, where significant open interest has been added. On the downside, support is placed at 22,750; a break below this level could intensify the bearish sentiment,” said Rupak De of LKP Securities.

    The market rally was broad-based as strong buying across sectors lifted investor sentiment. The BSE Midcap index gained 1.84 per cent, while the Smallcap index shot up by 3.04 per cent.

    All major sectoral indices closed in the green, with Metal, Energy, Pharma, Auto, and Banking stocks leading the gains. The Nifty Metal index was the top performer, rising over 4 per cent.

    Out of the 50 stocks on the Nifty index, Hindalco led the gain with a rise of 6.52 per cent, followed by Tata Steel, JSW Steel and Coal India which were all up between 4.4 to 4.8 per cent.

    However, Asian markets painted a mixed picture. Japan’s Nikkei 225, South Korea’s KOSPI, and Singapore’s Straits Times ended in the red.

    This came after China retaliated against the US by announcing higher tariffs of up to 125 per cent on American goods, following Trump’s recent decision to raise tariffs on Chinese imports to an effective 145 per cent.

    “Despite the global uncertainty, Indian markets cheered the temporary relief in the global trade environment, driving a strong rally across sectors and market segments,” analyst noted.

    Rupee traded positive with strong gains of 0.70 at 86.00 per dollar, supported primarily by a weaker dollar index and a significant sentiment boost from the US decision to relax tariffs on Indian goods by 10 per cent for the next 90 days.



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  • Market Bloodbath: Sensex Crashes 4,000 Points; Nifty Drops Below 21,800

    Market Bloodbath: Sensex Crashes 4,000 Points; Nifty Drops Below 21,800


    New Delhi: The impact of US President Donald Trump’s reciprocal tariffs dealt massive blow to the Indian Stock market with BSE Sensex crashing 4,000 points while the Nifty came tumbling below 21,800.

    The domestic market crash was in tandem with trends seen in major global markets.



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  • Indian Markets Sink For Second Day Amid Tariff Shock: Time To Rejig Your Portfolio? – News18

    Indian Markets Sink For Second Day Amid Tariff Shock: Time To Rejig Your Portfolio? – News18


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    Investors are spooked amid escalating risk-off sentiment triggered by sweeping tariffs: How retail investors can navigate the storm

    What Should Be Your Stock Market Investment Strategy Now?

    What Should Investors Do Now? Investors worldwide are scaling back equity exposure amid escalating risk-off sentiment triggered by sweeping tariffs announced by US President Donald Trump. Fears of a global trade war, looming recession in the US—the “Mother Market”—and domestic growth concerns have collectively weighed on sentiment, dragging markets lower across the globe.

    Wall Street and Asian equities registered sharp losses overnight. In contrast, Indian benchmarks—the Nifty 50 and Sensex—closed marginally lower in the previous session, slipping around 0.3% each. Despite the muted fall, negative sentiment continues to loom.

    Volatility Ahead, Caution Advised

    Market volatility is expected to persist in the near term, said Rajesh Palviya, Head of Technical Research at Axis Securities. He suggests increasing cash allocation by up to 10% and using market dips to gradually accumulate high-quality stocks.

    Axis Securities maintains a bullish stance on large private banks, telecom, consumption, hospitals, and interest-rate-sensitive sectors. Palviya also sees long-term potential in select capex-driven stocks following recent corrections. However, the firm remains cautious on the IT sector due to anticipated weakness in U.S. discretionary tech spending.

    How Retail Investors Can Navigate the Storm

    Indian Pharma

    The sector rallied recently, as it remained largely unaffected by Trump’s tariff measures. However, caution is advised — this reprieve may not last, and valuations remain stretched.

    Large-Cap Value

    With the Nifty trading at around 17x price-to-earnings, large-caps present relative value. Mid- and small-caps, however, continue to appear overvalued. That said, persistent foreign investor outflows — possibly driven by redemptions in emerging market funds — could keep pressure on large-caps in the short term, leaving them either range-bound or trending lower.

    Focus on Domestic-Facing Stocks

    Companies with a strong domestic demand base — such as banks, FMCG, and infrastructure players — are likely to be more resilient. Still, investors must remain mindful of elevated valuations in certain pockets.

    Adopt a Cautious Stance

    The Indian market is unlikely to remain immune to global turmoil. With financial markets across the board under pressure, India cannot entirely buck the trend. While divergence may occur over time, this appears to be the early phase of a prolonged economic conflict. Investors should avoid chasing rallies and instead consider incremental investments. Market volatility is expected to persist, creating periodic opportunities — but FOMO (fear of missing out) should be avoided.

    Stay Diversified

    In light of ongoing global uncertainties and a weakening US dollar, gold remains a strong diversifier with upside potential. A prudent strategy would be to maintain a balanced portfolio across equities, gold, and fixed-income assets, as the contours of a new global economic order continue to take shape.

    News business » markets Indian Markets Sink For Second Day Amid Tariff Shock: Time To Rejig Your Portfolio?



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  • Stock Market Updates: Sensex Gains 500 Points, Nifty Above 22,250; Coforge Rises 10% – News18

    Stock Market Updates: Sensex Gains 500 Points, Nifty Above 22,250; Coforge Rises 10% – News18


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    Indian stock markets opened higher on Wednesday, with the Sensex gaining 200 points

    Stock Market Today

    Sensex Today: Stock markets opened higher today, supported by mixed trade in Asia and US President Donald Trump’s address to a joint session of Congress. The BSE Sensex was trading at 73,374, up by 384 points or 0.53%, while the Nifty50 stood at 22,199, gaining 117 points or 0.53%.

    Top Nifty gainers included HCL Tech, M&M, Power Grid, Tech Mahindra, Wipro, BPCL, Hindalco, Adani Ports, and Infosys, with gains ranging from 1% to 2.4%. Conversely, Bajaj Finance, Bajaj Finserv, Shriram Finance, HDFC Bank, Ultratech Cement, and L&T were the top losers, down as much as 3.6%.

    In the broader market, the Nifty MidCap index rose 1.35%, and the Nifty SmallCap index gained 1.63%. Sector-wise, the Nifty IT and PSU Bank indices saw strong gains of 2.25% and 1.78%, respectively, while the Nifty Auto and Nifty Metal indices rose by 1.28% and 1%. The Nifty Financial Services index slipped 0.24%, weighed down by losses in the Bajaj stocks.

    Global Cues

    Australian shares hit a 10-week low on Wednesday, led by a sharp sell-off in banking stocks, as markets panicked over the fallout of a trade war triggered by U.S. President Donald Trump’s fresh tariffs.

    The S&P/ASX 200 index was trading 1.1% lower at 8,109.60 points as of 0156 GMT, its lowest since December 23, 2024. The benchmark has lost 6% since the all-time high scaled on February 14.

    Hang Seng futures gained 0.5%, while Nikkei 225 futures (OSE) declined by 0.2%, and Japan’s Topix index remained largely unchanged. In contrast, Euro Stoxx 50 futures saw a notable rise, increasing by 1.4%.

    Shares of US companies were under pressure after the latest escalation in Washington’s trade war, with new tariffs on Canada and Mexico expected to hit earnings in several sectors, including automobiles, aerospace, retail and housing.

    Economically sensitive stocks such as airlines and banks led declines on Wall Street’s main indexes on Tuesday on the new tariffs. Monday, the benchmark S&P 500 suffered its worst day of this year after the U.S. tariffs were confirmed.

    Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns US tariffs on Canada, Mexico and China will slow economic and fuel demand growth hammered investor sentiment.

    Brent futures eased 15 cents lower to $70.89 a barrel at 0200 GMT. In the previous session, the contract fell to as low as $69.75, its lowest since September 11, and settled at their lowest since that day as well.

    News business » markets Stock Market Updates: Sensex Gains 500 Points, Nifty Above 22,250; Coforge Rises 10%



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  • Stock Market Ends A Tad Lower, Nifty Holds 22,000

    Stock Market Ends A Tad Lower, Nifty Holds 22,000


    Mumbai: Indian stock markets closed a tad lower on Tuesday, with both the Sensex and Nifty settling in negative territory following US trade tariffs on Canada and Mexico coming into force from today. 

    Canada’s retaliatory tariffs on US goods further dampened market sentiment.

    The 30-share Sensex ended the day at 72,989.93, losing 96 points, or 0.13 per cent, from its previous close. Throughout the day, the index traded between 73,033.18 and 72,633.54.

    The Nifty also ended lower, closing at 22,082.65, down by 36.65 points, or 0.17 per cent in the intra-day trade.

    During the trading session, the index reached a high of 22,105.05 and a low of 21,964.60.

    In the broader market, the Nifty Smallcap100 index rose by 0.69 per cent, while the Nifty Midcap100 gained slightly by 0.05 per cent.

    Out of the 50 stocks that make up the Nifty, 28 settled lower, with notable declines seen in stocks such as Bajaj Auto, Hero MotoCorp, Bajaj Finserv, HCL Tech, and Eicher Motors, which lost up to 4.95 per cent.

    However, 22 stocks showed gains, with Adani Enterprises, State Bank of India (SBI), BPCL, Bharat Electronics, and Shriram Finance rising by up to 3.03 per cent.

    Sectoral performance was mixed, with sectors like PSU Bank, Bank Nifty, financial services, consumer durables, media, metal, oil & gas, and realty indices seeing gains of up to 2.37 per cent.

    On the other hand, sectors such as Nifty Auto, IT, Pharma, and FMCG saw losses, with declines extending up to 1.31 per cent.

    The Nifty Private Bank index also saw a marginal decline of 0.08 per cent.

    “The recent decline in small and midcap stocks reflects profit booking following a strong rally, compounded by global market uncertainties,” said Abhishek Jaiswal, Fund Manager at Finavenue.

    He added that while short-term volatility is inevitable, the broader fundamentals of quality midcap companies remain robust, supported by India’s strong economic growth and ongoing structural reforms.

    Investors should prioritise businesses with solid balance sheets and sustainable earnings growth rather than reacting to transient market fluctuations, said Jaiswal.



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  • Dark Days Of Dalal Street: From Harshad Mehta Scam To Global Crisis, India’s 5 Worst Stock Market Crashes – News18

    Dark Days Of Dalal Street: From Harshad Mehta Scam To Global Crisis, India’s 5 Worst Stock Market Crashes – News18


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    The Indian stock market faced a major sell-off last week due to weak global cues and concerns over Donald Trump’s tariffs. Sensex fell 1,400 points, closing at 73,198, while Nifty ended at 22,124.

    Stock Market Crash: 5 worst market crashes in India’s history. (AI Generated)

    Stock Market Crash: The weak global cues, the concern over Donald Trump’s tariff imposition on several nations, and the narrative of ‘Sell India, Buy China’ triggered mayhem in the Indian stock market last week. Benchmark indices Nifty and Sensex faced major sell-off pressure last Friday to close nearly 2 per cent lower.

    Sensex settled at 73,198 after crashing more than 1,400 points or -1.90 per cent on Friday against the previous day’s close at 74,612. Over the past five sessions, the benchmark lost nearly 2,200 points or -3 per cent. Nifty too suffered a drastic decline to end at 22,124 with a fall of 420 points or 1.86 per cent.

    Top 5 Stock Market Crashes In India’s Stock Market History:

    1. The Global Financial Crisis (2008):

    The collapse of Lehman Brothers, one of the largest US investment bankers, and the US subprime crisis triggered a recession at the global level. As the popular saying goes, ‘when the US sneezes, the world catches a cold’, so did an economic recession occur.

    The impact of the recession was reflected in the Indian domestic equity market as the benchmark crashed over 60 per cent following the Global Financial Crisis. It came down around 8,000 points from 21,000, leading to a major wipeout of investment.

    2. Harshad Mehta Scam (1992)

    Stockbroker Harshad Mehta used loopholes in the system to manipulate the market by using bank funds and inflated stock prices. Once the scam was unveiled after a major investigation, it had a major impact on the stock market with a crash of over 55 per cent in ensuing months. Sensex crashed from 4,467 to 2,529.

    3. 1997 Asian Financial Crisis

    East Asian countries had been embroiled in a financial crisis caused by the collapse of the currency exchange rate and a hot money bubble. The financial crisis severely damaged currency values, stock markets, and other asset prices in many East and Southeast Asian countries.

    Owing to the Asian Financial Crisis, Sensex crashed from 4,600 to below 3,000 amid the large-scale sell-offs. It fell around 35 per cent.

    4. Ketan Parekh Scam (2001)

    Another scam exposition shook the stock market in India, triggering panic and a sell-off among investors. When it was exposed that trader Ketan Parekh manipulated stock prices using borrowed money, especially in tech stocks, the Sensex fell from 5,800 to 4,000, reflecting a decline of 31 per cent.

    5. Covid-19 Market Crash (2020)

    The first wave of Covid-19 triggered lockdowns and economic uncertainty at the global level. On 23 March 2020, the Sensex crashed 3,934 points (13%) in a single day, marking one of its worst falls.

    News business » markets Dark Days Of Dalal Street: From Harshad Mehta Scam To Global Crisis, India’s 5 Worst Stock Market Crashes



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  • Sensex Crashes 1,414 Points To Settle At 73,198; Nifty Tanks 420 Points

    Sensex Crashes 1,414 Points To Settle At 73,198; Nifty Tanks 420 Points


    Mumbai: Benchmark indices Sensex and Nifty tumbled nearly 2 per cent on Friday, mirroring deep losses in global markets after the latest announcement of additional 10 per cent tariff on Chinese products rattled investors.

    The 30-share BSE benchmark Sensex tanked 1,414.33 points or 1.90 per cent to settle at 73,198.10. During the day, it plunged 1,471.16 points or 1.97 per cent to 73,141.27.

    Extending losses to the eighth straight day, the NSE Nifty slumped 420.35 points or 1.86 per cent to 22,124.70.

    From its record peak of 85,978.25 hit on September 27 last year, the BSE benchmark index is down 12,780.15 points or 14.86 per cent. The Nifty dropped 4,152.65 points or 15.80 per cent from its lifetime high of 26,277.35 hit on September 27, 2024.

    Relentless foreign fund outflows and concerns about the US economic outlook made investors jittery, according to analysts.

    From the Sensex pack, Tech Mahindra slumped over 6 per cent followed by IndusInd Bank which tanked over 5 per cent.

    Mahindra & Mahindra, Bharti Airtel, Infosys, Tata Motors, Titan, Tata Consultancy Services, Nestle and Maruti were also among the major laggards.

    HDFC Bank emerged as the only gainer from the pack.

    In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled with deep cuts. European markets were trading mostly lower. US markets ended sharply lower on Thursday.

    “The national market experienced a sharp decline amid heightened bearish sentiment largely influenced by weak global cues. The decline was largely triggered by fear of the implementation of 25 per cent tariff on US imports from Canada and Mexico, set to take effect next week, along with an additional 10 per cent tariff on Chinese goods,” Vinod Nair, Head of Research, Geojit Financial Services, said.

    Adding to market jitters, the potential imposition of tariffs on the European Union has further fuelled uncertainty, he said.

    “As investors navigate this volatility, all eyes are on the domestic Q3 GDP data, which could provide vital insights into the economic recovery trajectory and influence market direction,” Nair added.

    Foreign institutional investors (FIIs) offloaded equities worth Rs 556.56 crore on Thursday, according to exchange data.

    Global oil benchmark Brent crude dipped 0.69 per cent to USD 73.53 a barrel.

    The BSE Sensex eked out marginal gains of 10.31 points or 0.01 per cent to settle at 74,612.43 on Thursday. The Nifty slipped 2.50 points or 0.01 per cent to 22,545.05, registering its seventh day of decline.

     



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  • Sensex, Nifty Fall For 8th Day As Relentless FII Selling Hits Market Sentiments

    Sensex, Nifty Fall For 8th Day As Relentless FII Selling Hits Market Sentiments


    Mumbai: Equity benchmark indices Sensex and Nifty extended their downward trend to eighth day in a row on Friday as investors’ sentiments were plagued due to persistent foreign fund outflows.

    Markets began the trade on an optimistic note but soon gave up initial gains and fell in the negative territory.

    The 30-share BSE benchmark Sensex dropped 199.76 points or 0.26 per cent to settle at 75,939.21. During the day, it tanked 699.33 points or 0.91 per cent to 75,439.64.

    The NSE Nifty declined 102.15 points or 0.44 per cent to 22,929.25.

    In eight trading days, the BSE benchmark has tumbled 2,644.6 points or 3.36 per cent, and the Nifty slumped 810 points or 3.41 per cent.

    From the 30-share blue-chip pack, Adani Ports dropped over 4 per cent. UltraTech Cement, Sun Pharma, IndusInd Bank, NTPC and Tata Steel were also the among the laggards.

    Nestle, ICICI Bank, Infosys, Tata Consultancy Services and HCL Tech were among the gainers.

    “The risk-averse sentiment continues to rule investors’ minds as corporate earnings are significantly lower than the market expectations during the start of the year, especially for mid and small caps.

    “Muted earnings trend, INR depreciation along with external factors like tariffs are expected to keep the sentiments weak in the near term, which could further push FIIs outflows. Volatility is expected to stay elevated until there is clarity on tariffs and a recovery in corporate earnings,” Vinod Nair, Head of Research, Geojit Financial Services, said.

    In Asian markets, Seoul, Shanghai and Hong Kong settled higher while Tokyo ended lower.

    European markets were trading on a mixed note. US markets ended higher on Thursday.

    India and the US have resolved to more than double the two-way trade to USD 500 billion by 2030 and begin talks for a bilateral trade agreement with a view to bringing down duties and increase market access.

    According to a joint statement issued after the meeting of Prime Minister Narendra Modi and US President Donald Trump in Washington, the two leaders have also pledged the bilateral trade relationship to promote growth that ensures fairness, national security and job creation.

    “To this end, the leaders set a bold new goal for bilateral trade – Mission 500 – aiming to more than double total bilateral trade to USD 500 billion by 2030. Recognizing that this level of ambition would require new, fair-trade terms, the leaders announced plans to negotiate the first tranche of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall of 2025,” it said.

    Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,789.91 crore on Thursday, according to exchange data.

    Global oil benchmark Brent crude went up by 0.55 per cent to USD 75.43 a barrel.

    The Sensex dipped 32.11 points or 0.04 per cent to settle at 76,138.97 on Thursday. The Nifty slipped 13.85 points or 0.06 per cent to 23,031.40.



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  • Markets Bounce Back After Falling In Early Trade Amidst Buying In Smallcap And Midcap Stocks

    Markets Bounce Back After Falling In Early Trade Amidst Buying In Smallcap And Midcap Stocks


    Mumbai: Benchmark indices Sensex and Nifty bounced back after falling in early trade largely due to buying in Bajaj Finance and Bajaj Finserv.

    Buying in smallcap and midcap stocks also added to the optimistic trend in equities.

    The 30-share BSE benchmark Sensex declined 106.13 points to 76,426.83 in early trade. The NSE Nifty dipped 23.9 points to 23,139.20.

    However, soon both the benchmark indices recovered all the early lost ground and were trading higher. The BSE benchmark quoted 104.79 points higher at 76,655.65, while the Nifty traded 64.30 points up at 23,227.40.

    From the 30-share blue-chip pack, Tata Motors tanked nearly 8 per cent after the firm reported a 22 per cent fall in consolidated net profit to Rs 5,578 crore for the third quarter ended December 2024, impacted by a decline in revenue from its passenger and commercial vehicles divisions.

    ITC Hotels, Infosys, UltraTech Cement, ICICI Bank and Titan were the other laggards.

    However, Bajaj Finance traded 4.52 per cent higher followed by Bajaj Finserv which climbed over 3 per cent.

    Bajaj Finance on Wednesday reported an 18 per cent increase in its consolidated net profit to Rs 4,308 crore for the December quarter.

    Power Grid, IndusInd Bank, NTPC and Bharti Airtel were also among the gainers.

    The BSE smallcap gauge traded 1.35 per cent higher and midcap index quoted higher by 0.88 per cent.

    In Asian markets, Tokyo traded in positive territory. Markets in Seoul, Shanghai and Hong Kong were closed due to holidays.

    US markets ended lower on Wednesday.

    “The recovery in the market is healthy since it is being led by fairly valued largecaps. The rally can sustain if the Budget comes up with some strong growth stimulating measures that can improve the market sentiments too. However, a sustained rally can happen only if the FII selling stops and we get some leading indicators suggesting growth and earnings recovery.

    “Globally, the stock markets remain strong mainly due to the resilient US economy and the down trending interest rate cycle in the US. The Fed’s decision to pause yesterday was on expected lines,” V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

    Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,586.43 crore on Wednesday, according to exchange data.

    “The Federal Reserve kept interest rates steady at 4.25%-4.5%, maintaining a cautious ‘wait-and-see’ approach, leaving market sentiments subdued. FIIs continue their selling spree, and attention has now shifted to the Union Budget,” Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said.

    Global oil benchmark Brent crude dipped 0.05 per cent to USD 76.54 a barrel.

    The 30-share BSE benchmark jumped 631.55 points or 0.83 per cent to settle at 76,532.96 on Wednesday. The Nifty soared 205.85 points or 0.90 per cent to 23,163.10.



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