The stock of the group's flagship firm Adani Enterprises plunged 22.99 per cent, Adani Ports dived 20 per cent, Adani Energy Solutions tanked 20 per cent, Adani Green Energy plummeted 19.53 per cent and Adani Total Gas tumbled 18.14 per cent on the BSE
The BSE benchmark Sensex tumbled 468.17 points to 77,110.21 in early trade. The NSE Nifty declined 179.75 points to 23,338.75; Weak trends from Asian peers also drove the markets lower during the initial trade
The Sensex and Nifty both declined in early trade on Monday, weighed down by continuous foreign portfolio investor outflows, a sell-off in IT stocks, and negative cues from the US markets
The rupee recovered from its all-time low, appreciating by 8 paise to 84.38 against the US dollar in Monday’s early trade, supported by lower crude oil prices
Indian stock markets were closed on Guru Nanak Jayanti, commemorating the Sikh founder's teachings of equality and service. While Indian markets remained shut, major Asian indices showed mixed trends, with Japan's Nikkei gaining 0.8%, and South Korea's KOSPI dipping 0.4%.
The rupee slipped to an all-time low of 84.40 against the US dollar, pressured by persistent foreign fund outflows and rising inflation. The Reserve Bank’s intervention has limited sharper declines, but global pressures continue to weigh on the rupee and domestic equities.
Equity markets declined in early trading on Wednesday as retail inflation surged to 6.21% in October, driven by rising food prices. Continued foreign fund outflows, weak quarterly earnings, and global market trends further pressured the BSE Sensex and NSE Nifty.
The Indian rupee fell by 2 paise to 84.40 against the US dollar, marking a new all-time low in early trade on Tuesday. Persistent foreign fund outflows and a stronger US dollar continue to pressure the currency.
The Sensex and Nifty indices fell in early trade on Monday, weighed down by continued foreign fund outflows, disappointing quarterly earnings, and weak Asian market trends. Stocks like Asian Paints saw sharp declines, while a few others showed gains.
The Indian rupee slips to an all-time low of 84.38 against the US dollar in early trade, weighed down by foreign fund outflows and a weak trend in domestic equities. Forex traders expect continued pressure unless there is a slowdown in outflows or a softening in the dollar index.
The Sensex and Nifty fell in early trade, impacted by sustained foreign fund outflows and weak performances from key stocks. Analysts attribute the decline to inflation concerns, investor exits, and cautious sentiment ahead of RBI’s upcoming policy review.
In early trade, the rupee reached a historic low of 84.37 against the US dollar, influenced by steady foreign fund outflows and a subdued equity market. Forex experts suggest the Reserve Bank of India’s response will be pivotal in managing ongoing currency volatility.
The Sensex and Nifty fell in early trade, impacted by sustained foreign fund outflows and weak performances from key stocks. Analysts attribute the decline to inflation concerns, investor exits, and cautious sentiment ahead of RBI’s upcoming policy review.
08 November,2024 10:44 AM IST | MumbaiIn early trade, the rupee reached a historic low of 84.37 against the US dollar, influenced by steady foreign fund outflows and a subdued equity market. Forex experts suggest the Reserve Bank of India’s response will be pivotal in managing ongoing currency volatility.
08 November,2024 10:41 AM IST | Mumbai | mid-day online correspondentFrom the 30-share Sensex pack, Bajaj Finserv, UltraTech Cement, Power Grid, ICICI Bank, Bajaj Finance, Kotak Mahindra Bank, Adani Ports and Nestle were among the biggest laggards
07 November,2024 10:33 AM IST | Mumbai | mid-day online correspondentSensex soared by 901 points to reach 80,378, while Nifty climbed 270 points to close at 24,484, supported by strong IT stocks and broad-based sector gains.
06 November,2024 03:50 PM IST | MumbaiThe rupee reached a historic low of 84.23 against the US dollar in early trade on Wednesday due to continued foreign fund outflows and the strong performance of the dollar. The volatility is expected to settle following the US election outcome and upcoming Federal Reserve rate decisions.
06 November,2024 10:19 AM IST | MumbaiADVERTISEMENT
The Sensex and Nifty declined in early trade on Tuesday as foreign fund outflows and anticipation over US presidential election and Fed interest rate decisions impacted investor sentiment. Key indices faced volatility with stocks mixed across sectors.
05 November,2024 10:35 AM IST | Mumbai
The rupee dropped to a new low of 84.13 against the US dollar on Tuesday, driven by foreign fund outflows, weak domestic equities, and global economic uncertainties surrounding the US election and Federal Reserve's upcoming policy announcement.
05 November,2024 10:25 AM IST | Mumbai
The Sensex fell 942 points to hit a three-month low, and the Nifty closed below 24,000, impacted by significant selling in Reliance and banking shares. Uncertainty around global events and continuous foreign outflows added to the market’s decline.
04 November,2024 04:14 PM IST | Mumbai
Sensex and Nifty tumbled in early Monday trading, led by losses in Reliance Industries and intensified by foreign investor outflows and caution ahead of key US events. Asian markets showed resilience, but Indian equities struggled to find momentum.
04 November,2024 10:28 AM IST | Mumbai
ADVERTISEMENT
ADVERTISEMENT
