Stock Market Highlights: Sell-off on D-Street; Carnage across Small and midcaps, Sensex, Nifty tank nearly 2%
The benchmark 10-year bond was quoted at 100.50 rupees, with the yield little changed at 6.7169% as traders watch for a weekly auction as well as domestic GDP growth data. The one-year overnight index swap rate was down 2 basis points at 6.25%, while the five-year swap rate dropped 2 bps to 6.00%.
Domestic equity benchmarks suffered sharp losses amid a broad-based sell-off led by IT, auto and FMCG shares on Friday.
IT and financial stocks, where foreign investors hold significant stakes, accounted for half of Nifty 50’s losses.
Rs 8.2 lakh crore market cap has eroded within minutes after Nifty 50 fell about 5% so far in February. The indices are on ...
Shriram Finance, HDFC Bank, Coal India, Trent and Hindalco shares lead gains, Adani Green Energy, ACC, IRFC, ABB India and ...
The Nifty 50 has fallen about 5% so far in February, and is on course for the fifth consecutive month of losses, its longest ...
The Nifty 50 has fallen about 5% so far in February, and is on course for the fifth consecutive month of losses, its longest ...
Nifty 50 index has demonstrated a positive price seasonality in March, closing in the green on seven occasions over the past ...
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