Midcap and smallcap stocks posted their worst weekly losses in 20 months, falling 5.6% and 7.3%, respectively, as rising crude prices and geopolitical tensions rattled markets.
Nifty fell 0.54 per cent to 22,687.65 as Brent crude climbed above $112 a barrel, with oil-sensitive stocks dragging markets lower amid renewed tensions in West Asia.
IT stocks gained ₹77,000 crore in market value, cushioning the Nifty's 0.34% decline on Wednesday, while banking and financial stocks lost around ₹81,000 crore amid rising bond yields.
Only four qualified stock brokers have joined the PaRRVA platform so far, while several industry players have raised concerns over high costs and limited adoption
NCDEX is expected to revive its agricultural indices in the next two quarters, with guar and spice offerings planned as it prepares to expand into the equity market
Nifty gains 133 points as Brent crude eases towards $101-102 a barrel, while oversold conditions and softer US rate expectations support a relief rally
Analysts say low FII long-short readings often trigger short-covering, but a sustained rally looks unlikely amid crude, bond-yield and geopolitical pressures
India's key equity indices ended lower in September, declining despite a GDP growth rate of 7.8 per cent at the end of August, as rising US Treasury yields and oil prices weighed on investor sentiment