The selling pressure was less intense in the broader markets
Closing Bell on Friday November 03: In the broader markets, the BSE MidCap and SmallCap indices gained 0.71 per cent and 0.94 per cent, respectively
The Nifty fell 2.8 per cent in October, and the Sensex by 3 per cent, their biggest fall since December 2022
Foreign exchange reserves have declined by around $25 billion from the highest point in 2023
Analysts, however, see limited room for yields and the dollar to extend gains
Experts cite record high US bond yields, geo-political uncertainties, earnings disappointments as key concerns
The benchmark US 10-year Treasury yield remained high on Tuesday, though it was short of the 5 per cent level
Yields may remain elevated for an extended period
The US macroeconomic data in recent weeks reaffirmed the economy's resilience and strengthened expectations of interest rates remaining higher for longer
An immediate fallout of the developments has been on crude oil prices, which are now nearing $94 a barrel (Brent crude), rising nearly 12 per cent from $84 a barrel a fortnight ago
The Indian unit moved in a range of Rs. 83.25 a dollar to Rs. 83.28 per US Dollar for the entire day
Closing Bell on Thursday, October 19, 2023: Bajaj Auto, LTIMindtree, and Nestle India were the top gainers, soaring 6.5%, 6%, and 3.5%, respectively, post their September quarter results
Capital expenditure of 13 major states is expected to grow 29% YoY, says ICRA
Fund houses put cash to use despite market uncertainty
Stock market highlights on Wednesday, October 11: The BSE Sensex closed 394 points higher at 66,473 after easing from the day's high of 66,592. The NSE Nifty ended at 19,811, up 120 points
The MF industry has not yet released the inflow data for September
Unlike in the past, when India and other developing markets caught a cold when the US sneezed, the situation is somewhat different now
In which we munch over the week's platter of news and views
MPC keeps repo rate unchanged; retains growth, inflation forecast
Despite the S&P BSE 500 Index dipping nearly a per cent in August, the ADR was at 1.11 amid a strong rally in midcap and smallcap stocks