All posts tagged: Stock Market Crash

Sensex crashes over 700 points, Nifty slips below 23,150 amid West Asia tensions

Sensex crashes over 700 points, Nifty slips below 23,150 amid West Asia tensions

Amid the persisting global uncertainties, Indian equity markets on Monday ended sharply lower, leading to a sell-off in domestic equities amid a spike in crude oil prices.  As per INAS, the benchmark index Sensex declined 719.08 points, or 0.97 per cent, to close at 73,524.26, tracking weakness in global equities and rising geopolitical uncertainty. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Sensex tumbles around 1,000 points as fresh Iran strikes spark war fears

Sensex tumbles around 1,000 points as fresh Iran strikes spark war fears

Sensex tanked further by around 1,000 points on Wednesday after opening low in early trade amid uncertainty related to US–Iran negotiations after fresh Iranian strikes, an increase in crude oil prices and persistent foreign fund outflows. Pedestrians pass the Bombay Stock Exchange (BSE) building in Mumbai on April 20 (Bloomberg) At around 11:15 am on Wednesday, Sensex was trading at 73,697, down by nearly 1,000 points from the previous close of 74,649.84. The 50-share NSE Nifty also tumbled in early trade on Wednesday, dropping 177.40 points to 23,302.50. The 30-share BSE Sensex tanked 699.74 points to 73,959.48 in early trade. From the 30 Sensex firms, Tata Consultancy Services, Tech Mahindra, Infosys, HCL Tech, ITC and Eternal were among the biggest laggards on opening. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Key takeaways from Budget 2026| India News

Key takeaways from Budget 2026| India News

An 81-minute long Budget speech of finance minister Nirmala Sitharaman saw no change in tax slabs but included major announcements that focused on three “kartavyas” or duties of the central government – accelerating and sustaining economic growth; fulfilling aspirations of the people; and the vision of ‘Sabka Sath, Sabka Vikas’. Union finance minister Nirmala Sitharaman outside the finance ministry prior to the presentation of the ‘Union Budget 2026-27 at Kartavya Bhavan (Arvind Yadav/Hindustan Times)) Among the major announcements was a move that made stock derivatives trading costlier – a call that crashed the stock market – a proposal allowing Individual Persons Resident Outside India (PROIs) to invest in equity instruments of listed Indian companies through the Portfolio Investment Scheme (PIS) and a massive spike in defence budget allocation. 10 takeaways from Budget 2026 -Budget speech duration: Finance minister’s Budget speech – her ninth consecutive one – this year was around 81 minutes long. She laid out proposals reflecting “action over ambivalence, reform over rhetoric and people over populism” with the aim to transform aspiration into …

Sensex, Nifty crash 5 per cent on fears of escalation in trade wars post US tariffs | Business News

Sensex, Nifty crash 5 per cent on fears of escalation in trade wars post US tariffs | Business News

Indian stock markets plunged 5 per cent on Monday tracking Asian shares amid concerns over escalation in trade wars following the US reciprocal tariff announcements. The BSE’s 30-share Sensex plunged 5.19 per cent, or 3,914 points to open at 71,449.94. The broader Nifty tumbled 5 per cent, or 1,146.05, to open at 21,758.4. Last week, US President Donald Trump announced reciprocal tariffs on various trading partners of the US, including India. India faces a 26 per cent hike in tariffs. A 10 per cent minimum tariff came into effect from April 5 on all imports entering the US. Story continues below this ad On Friday, China swiftly announced retaliatory tariffs, matching the U. reciprocal tariff rate of 34 per cent. “Investor confidence plummeted after US reciprocal tariffs triggered retaliatory measures from China. This escalating trade war has profoundly unsettled investors and intensified fears of an impending recession,” said Devarsh Vakil, Head of Prime Research, HDFC Securities. Sharp fall in US market downturns weakened rebound expectations, and foreign institutional investors selling in Indian markets intensified bearish …

Stock market slump: Samajwadi Party chief Akhilesh Yadav says common people losing money; blames Centre

Stock market slump: Samajwadi Party chief Akhilesh Yadav says common people losing money; blames Centre

Samajwadi Party leader Akhilesh Yadav. File | Photo Credit: PTI Samajwadi Party (SP) chief Akhilesh Yadav on Saturday (April 5, 2025) said it is very important to pay attention to the slump of India’s stock markets as common people are losing their money and this could cause the economy to sink. In a post on X in Hindi, the former Uttar Pradesh Chief Minister held the Central Government responsible for this “double vicious circle” of the economy. Indian markets plunged on Friday (April 4, 2025) after U.S. President Donald Trump announced sweeping reciprocal tariffs, including 26% on India, to reduce the trade deficit and boost domestic manufacturing. “It is very important to pay attention to the loss of millions of crores in the country’s stock market because the savings and capital of the common people, who have some extra money to invest and with which they buy goods or services and vehicles and land, is being lost.” “These are the things that keep the wheel of buying and selling moving in the market and also …

HT Archives: CBI arrests Parekh in fraud case, stock market takes a hit | Latest News India

HT Archives: CBI arrests Parekh in fraud case, stock market takes a hit | Latest News India

The crisis-ridden stock market saw another twist when the Central Bureau of Investigation (CBI) today arrested big bull Ketan Parekh. The arrest was made following a complaint by the state-owned Bank of India (BoI). Big Bull Ketan Parekh, being brought to city session court in tight security, in Mumbai. (HT Photo) Parekh has been charged with defrauding e BoI of ₹130 crore against pay-orders issued by Madhavpura Mercantile Co-operative Bank based in Ahmedabad. CBI arrested him after questioning him for hours during the day. Parekh is expected to be produced in Mumbai’s designated court tomorrow and a formal chargesheet of defrauding BoI is likely to be filed. CBI also questioned his cousins Navin Parekh and Kirit Parekh, who are his business associates, but they were let off later in the day. CBI told newspersons a that an FIR was ready to be filed in court. A formal investigation would be launched shortly, they said. CBI simultaneously raided the offices of Ketan Parekh and his associates in Kolkata in a late evening operation. The day-long drama …

Trump’s Big Prediction After Stock Market Crash, Amid Tariffs & Recession Fears| US Economy

Trump’s Big Prediction After Stock Market Crash, Amid Tariffs & Recession Fears| US Economy

Published on Mar 12, 2025 03:31 PM IST U.S. President Donald Trump in recent days has dismissed fears of a recession and brushed aside the stock market sell-off. That’s a new message from a president who has frequently pointed to the market’s ups and downs as a reflection of himself and his activities, even when he was not in power. Watch what he said on the same in the latest here.   News / Videos / World News / Trump’s Big Prediction After Stock Market Crash, Amid Tariffs & Recession Fears| US Economy Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Indian Markets Fall As Tariff Concerns With The U.s. Lead To Investor Worry | English News | N18V

Indian Markets Fall As Tariff Concerns With The U.s. Lead To Investor Worry | English News | N18V

Last Updated:February 14, 2025, 21:08 IST India Stock Market Crash, why are markets falling on Friday: Equity benchmark indices in India weighed under selling pressure for the eight straight trading session today on the back persistent selling by foreign institutional investors and fears of reciprocal tariffs by the US government. The BSE Sensex slumped to a low of 75,440 in intra-day deals on Friday, February 14, 2025, and quoted with a loss of 628 points at 75,510 as of 2 PM. In the process, the BSE benchmark index has shed 3,073 points in the last eight straight trading sessions. In the process, the BSE market capitalisation fell below $4 trillion mark for the first time in nearly 14 months. The total market cap stood at $ 3.98 trillion in Friday’s intra-day trade. Among the Sensex 30 shares – Adani Ports was the top loser, down nearly 4 per cent. Sun Pharma, UltraTech Cement, IndusInd Bank, NTPC and Mahindra & Mahindra were the other major losers, down 2 – 3 per cent. Only 5 out of …

Stock market crash: Investors lose ₹25 lakh crore in four days of slump

Stock market crash: Investors lose ₹25 lakh crore in four days of slump

Investments worth nearly ₹25 lakh crore in market valuation have been lost in the past four days of a severe drubbing in the equity market. A share broker reacts as Sensex and Nifty prices plummet in Kolkata. (ANI/File Photo) The market capitalisation of the Bombay Stock Exchange (BSE)-listed firms dropped to ₹4,17,05,906.74 crore ($4.82 trillion), a fall of ₹24, 69,243.3 crore across these days, including Monday, when a sharp fall in equities resulted in the market cap of the BSE-listed firms plunging below the $5-trillion mark. On Monday alone, investors’ wealth dropped ₹12.61 lakh crore, it added. “Continued foreign institutional investor selling crossed ₹20,000 crore this month, contributing to the negative sentiments. The Indian rupee touched a fresh low against the dollar during the session, pressured by stronger-than-expected US non-farm payrolls data which further dampened the sentiment, resulting in a firm dollar index,” Siddhartha Khemka, Head – Research, Wealth Management, Motilal Oswal Financial Services Ltd, told PTI. Khemka also noted that oil prices, on the other hand, reached their highest level in over three months, …

Sensex dips below 80,000 at opening, Nifty slips to 24,378 amid FPI outflows, weak earnings | Business News

Sensex dips below 80,000 at opening, Nifty slips to 24,378 amid FPI outflows, weak earnings | Business News

Domestic benchmark equity indices Sensex and Nifty continued their fall on Wednesday, with the Sensex sliding below 80,000 mark for the first time in over two months and the Nifty 50 declining 0.38 per cent at the opening. At what levels have Sensex and Nifty opened? The BSE’s 30-share Sensex opened at 79,921.13, down 299.59 points, or 0.37 per cent, compared to the previous close of 80,220.72. This the first time since August 16, that the index has opened below the 80,000-level. The broader Nifty declined 93.95 points, or 0.38 per cent, to open at 24,378.15. However, both the indices kept fluctuating in the early morning trades. What is weighing on the sentiments of investors? The sell-off in the market is mainly due to the sustained outflows from the foreign portfolio investors (FPIs) and weak quarterly earnings during the second quarter of the current fiscal. “The ongoing trend of largecaps outperforming mid and smallcaps is likely to sustain, going forward. FII selling and the countervailing trend of DII buying is likely to continue,” said V …