Monday, March 17, 2025

Creating liberating content

New Delhi: Khushbu Kumari, a student from Bihar’s Danapur, has

New Delhi: The Supreme Court on Monday set aside a

The incident occurred outside a roadside eatery Patiala: An Army

PM Modi praises Trump during his podcast US President Donald

Related News

New Delhi: Khushbu Kumari, a student from Bihar’s Danapur, has found a new hope of becoming a doctor after a video of her breaking down over gender bias at her

New Delhi: The Supreme Court on Monday set aside a National Green Tribunal order that had banned the Auroville Foundation from undertaking ‘development’ activities within its township in Puducherry. A

The incident occurred outside a roadside eatery Patiala: An Army officer and his son have been allegedly thrashed by cops over a parking dispute in Punjab’s Patiala. The incident occurred

PM Modi praises Trump during his podcast US President Donald Trump shared a podcast of Prime Minister Narendra Modi’s conversation with Lex Fridman on Sunday. In the podcast, PM Modi

US President Trump acknowledged the strength of India-US relations by sharing PM Modi’s podcast praising him. Modi highlighted Trump’s support during the 2019 ‘Howdy Modi’ event and appreciated Trump’s leadership

US President Donald Trump announced that he will talk to Russian President Vladimir Putin on Tuesday, expressing hope that they may have “something to announce” regarding the US-brokered ceasefire proposal

Trending News

Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting March 17, 2025) are HPCL and

MUMBAI: IndusInd Bank may have overstated its net interest income in preceding quarters, research reports by brokerage houses said. As a result, the lender will take a significant hit in

NEW DELHI: India has achieved self-sufficiency in solar module manufacturing. But the feat has rendered domestic producers of polysilicon, wafers and ingots – the building blocks for modules – vulnerable

New Delhi: India and New Zealand decided to relaunch negotiations for a free trade agreement on Saturday after a gap of 10 years, a move aimed at deepening economic ties

Mumbai: A host of global and domestic factors are expected to weigh on investors’ sentiment when Dalal Street opens for trading on Monday. The escalating global tariff war between the

NEW DELHI: India’s foreign exchange reserves recorded their sharpest weekly gain in more than three years in the week ending 7 March. The exchange surged $15.27 billion to reach $653.97

Stock market today: BSE Sensex crashes over 500 points; Nifty50 below 22,650

Word Count: 702 | Estimated Reading Time: 4 minutes


Stock market today: BSE Sensex crashes over 500 points; Nifty50 below 22,650
Revival of FII investment in India will happen when economic growth and corporate earnings revive, says V K Vijayakumar of Geojit Financial Services. (AI image)

Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in opening trade on Monday. While BSE Sensex dipped over 500 points, Nifty50 went below 22,650. At 9:17 AM, BSE Sensex was trading at 74,776.02, down 535 points or 0.71%. Nifty50 was at 22,627.35, down 169 points or 0.74%.
Markets experienced a narrow trading range last week, concluding approximately half a percent lower as the correction phase continued. The upcoming shortened trading week is likely to see volatility due to February derivatives expiry, whilst attention remains on FII flow patterns and US tariff policy developments.
According to Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, “FII selling continues unabated in the Indian stock market. After Trump’s victory in US presidential elections, the US market has been attracting huge capital inflows from the rest of the world. But recently, China has emerged as a major destination of portfolio flows. The Chinese president’s new initiatives with their leading businessmen have kindled hopes of a growth recovery in China. Since Chinese stocks continue to be cheap, this ‘Sell India, Buy China’ trade may continue. But this trade has happened in the past and experience is that it will fizzle out soon since there are structural problems constraining Chinese economic revival Revival of FII investment in India will happen when economic growth and corporate earnings revive. Indications of that are likely to happen in two to three months.”
Also Read | Top stock recommendations for the week starting February 24, 2025
US equities declined on Friday, continuing their downward trend following disappointing economic data in a holiday-shortened week marked by tariff concerns and consumer spending worries.
European markets stabilised whilst Asian markets showed mixed performance on Monday following German election results. Wall Street futures strengthened as investors await Nvidia’s results.
Gold remained stable near record levels on Monday, buoyed by concerns regarding US President Donald Trump’s tariff intentions, with attention turning to upcoming US inflation data.
Foreign portfolio investors sold net Rs 3,449 crore on Friday, whilst domestic institutional investors purchased Rs 2,885 crore worth of shares.
FII net short position remained unchanged at Rs 1.92 lakh crore from Thursday to Friday.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account