Broader markets witnessed sharper selling pressure, with Nifty Midcap and Smallcap down around 4 per cent each.
Investors became poorer by Rs 11,23,010.78 crore in two days as domestic equity market continued to face severe drubbing amid a global selloff
According to the depositories data, FPIs took out Rs 13,470 crore from equities, Rs 4,066 crore from the debt segment and Rs 160 crore from hybrid instruments between December 1-17.
In the top-10 list, Infosys and Wipro were the only gainers.
Domestic equities will be mainly driven by global market trends, foreign institutional investors' movement and developments around new Covid variant Omicron this week, according to analysts.
European stocks dropped, Asian shares closed near the year's lows and Wall Street looked set to open weaker after a bruising previous session that was led by sharp falls in tech stocks
Cryptocurrencies were proving to be a challenge for emerging markets and strong regulation was needed, IMF's Gita Gopinath said. More in today's top headlines
The U.S. Federal Reserve is expected to signal a faster wind-down of asset purchases, which could move it one step closer to raising interest rates
Liquid funds and credit funds saw net inflows of Rs 53,251.28 crore and Rs 251.18 crore
The Indian economy can outperform the rest of the world economy, says Faber
Shares of Mirza International, the company that owns Red Tape brand of shoes, soared over 60 per cent in the past one month
Others among the gainers were HDFC Bank, Infosys, HDFC, ICICI Bank, Bajaj Finance and State Bank of India.
Buoyant stock market has triggered a rush of IPOs with the FY22 lineup becoming the highest in the last two decades.
The initial share sale of CE Info Systems Ltd, the parent of digital mapping company MapmyIndia, elicited 6.16 times subscription and all categories were oversubscribed on the second day
A total of 3,789 complaints received through grievance redressal system SCORES have been disposed of against listed entities or market intermediaries in November, according to the data
Last month, Vodafone Idea hiked tariffs to improve its financials. But analysts continue to be wary of the telecom player. What is worrying them? What is the road ahead for the stock? Let's find out
Investors are keenly awaiting the US inflation data in order to gauge the Fed's decision on rolling back economic stimulus
Leading stock exchange BSE on Tuesday said it has collaborated with HBF Direct Ltd to encourage and promote listing of small and medium enterprises (SMEs) and startups across India. HBF Direct is a management consultancy company and offers advisory services to SMEs and corporates in the areas of corporate, finance & legal, fundraising and IPO advisory. Through this pact, HBF Direct will assist the exchange in evaluating SMEs and startups for listing on BSE's SME & startups platform, the exchange said in a statement. In addition, the management consultancy company will also refer curated SMEs and startups to BSE for the listing. Further, the two entities will host joint road shows and events across India for creating awareness and to promote listing of SMEs and startups on the bourse's platform. "At a time when small businesses are slowly recovering from the economic impact of Covid-19, equity funding can be of paramount importance. By leveraging existing client base of HBF ...
Investors' wealth tumbled Rs 5,80,016.37 crore in two trading sessions to Monday as stock markets continued to face heavy sell off on concerns over the Omicron variant of COVID-19. The 30-share BSE Sensex plummeted 949.32 points or 1.65 per cent to close at 56,747.14 on Monday. In the previous session, the benchmark had ended 764.83 points or 1.31 per cent lower at 57,696.46. The market capitalisation of BSE-listed companies declined by Rs 5,80,016.37 crore to Rs 2,56,72,774.66 crore in two days. "Markets plunged sharply and lost over one-and-a-half per cent, in continuation to Friday's fall. After the flat start, weak global cues and updates on the new COVID variant started weighing on the sentiment as the day progressed," said Ajit Mishra, VP - Research, Religare Broking Ltd. In India, as many as 21 cases of the Omicron variant of COVID-19 have been reported so far with 17 cases - nine persons in Rajasthan capital Jaipur, seven in Maharashtra's Pune district and a 37-year-old fu
A total of Rs 52,759 crore has been raised by 61 firms through IPOs till October this fiscal, higher than the funds mopped up through this route in the last financial year, govt said