Sensex plunges 866 points ends below 55,000 points as global cues weak | Oneindia News
Video Credit: Oneindia - Duration: 01:53s - Published
Sensex plunges 866 points ends below 55,000 points as global cues weak | Oneindia News
Market close: Indian indices fell on Friday, mirroring their global counterparts.
Asian and European equities fell on Friday, following a sell-off on Wall Street, which was fueled by fears that aggressive rate hikes by central banks to combat inflation could harm global growth.
As the trading session commenced on April 19th, both the Sensex and the Nifty continued their downward trend for the fifth consecutive day, fueled by reports of Israel's recent missile launch on Iran. This event triggered a surge in oil and gold prices, heightening concerns about the global economy. Concurrently, the commencement of Lok Sabha elections added to the domestic landscape. The Indian rupee also opened at a historic low of 83.55 per Dollar.
#Market, #Sensex, #Nifty, #IranIsraelConflict, #StockMarket
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Market pressure persisted for the third consecutive session as key indices, including Sensex, Nifty, and Nifty Bank, witnessed notable declines. The midcap index closed in the red despite performing relatively better. Geopolitical tensions between Iran and Israel contributed to the market downturn. US stock futures dipped after major benchmarks suffered losses, while European and Asia-Pacific markets also experienced significant drops.
#Business #Businessnews #StockExchange #IranIsrael #Businessimpact #Sensex #Nifty #Gold #Businessupdates #Economy #Indianews #Oneindia #OneindiaNews
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On Tuesday, equities snapped a three-day winning streak ahead of the Q4 -March quarter GDP data and amid a gloomy global mood. The S&P BSE Sensex closed at 55,566, down 359 points or 0.6%.
#Sensex..
The key indices of the Indian stock markets, the Sensex and Nifty, rose by around 2% on Monday, led by strong buying support in IT stocks on the back of positive cues from global equities.This is the..
A massive profit booking in IT, midcap, and small cap stocks forced the market to close in the red for the third consecutive session on Wednesday, as benchmarks fell more than 5%. Today's session saw..
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