Sensex Plunges Over 800 Points; Nifty Nears 21,500

RTTNews | 570 दिनों पहले
Sensex Plunges Over 800 Points; Nifty Nears 21,500

(RTTNews) - Indian shares fell sharply on Tuesday as heightened geopolitical tensions in the Middle East coupled with growing property sector concerns in China prompted investors to book profits after recent strong gains.

Market participants also looked ahead to key economic events, including the interim union budget and interest rate decisions from the U.S. Federal Reserve and Bank of England for direction.

The benchmark S&P BSE Sensex dropped 801.67 points, or 1.11 percent, to 71,139.90 in a volatile session.

The broader NSE Nifty index settled 215.50 points, or 0.99 percent, at 21,522.10.

Market heavyweight Reliance Industries fell 2.7 percent on profit taking after climbing about 7 percent during the previous session.

Bajaj twins tumbled, with Bajaj Finance and Bajaj FinServ ending down 5.1 percent and 2.8 percent, respectively.

Titan Company and UltraTech Cement both fell around 3 percent.

Tata Motors rose nearly 3 percent after announcing the launch of four new electric SUVs.

Grasim Industries, Adani Enterprises, Eicher Motor and BPCL rose 1-2 percent.

read more
Sensex, Nifty Snap Six-day Winning Streak On Tariff Concerns

Sensex, Nifty Snap Six-day Winning Streak On Tariff Concerns

Indian shares fell sharply on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.
RTTNews | 26 मिनटों पहले
FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply

FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply

U.K. stocks are turning in a mixed performance in cautious trade on Friday, amid a lack of fresh triggers. Investors are awaiting Fed Chair Jerome Powell's speech later in the day at the Jackson Hole Symposium, for clues about U.S. central bank's interest rate move next month.
RTTNews | 32 मिनटों पहले
U.S. Dollar Rises Ahead Of Fed's Powell Speech

U.S. Dollar Rises Ahead Of Fed's Powell Speech

The U.S. dollar strengthened against other major currencies in the European session on Friday, as traders expect speech by Fed Chair Jerome Powell at the Jackson Hole Symposium.
RTTNews | 36 मिनटों पहले
CAC 40 Up Slightly In Lackluster Trade

CAC 40 Up Slightly In Lackluster Trade

French stocks are mostly subdued on Friday with investors refraining from making significant moves, choosing to wait for key speeches from central bank chiefs at the Jackson Hole Symposium. The focus is on Fed Chair Jerome Powell's speech for clues about interest rate cuts in September.
RTTNews | 53 मिनटों पहले
U.S. Dollar Rises Against Majors

U.S. Dollar Rises Against Majors

The U.S. dollar strengthened against other major currencies in the European session on Friday.
RTTNews | 1घंटे 6 मिनट पहले
European Shares Inch Higher In Cautious Trade

European Shares Inch Higher In Cautious Trade

European stocks were flat to slightly higher on Friday ahead of Federal Reserve Chair Jerome Powell's highly anticipated Jackson Hole speech.
RTTNews | 1घंटे 39 मिनट पहले
Asian Shares Mixed In Cautious Trade Before Powell Speech

Asian Shares Mixed In Cautious Trade Before Powell Speech

Asian stocks turned in a mixed performance on Friday as some strong U.S. economic data and hawkish comments from several Federal Reserve officials prompted traders to reduce their expectations for imminent rate cuts.
RTTNews | 2घंटे 1 मिनट पहले