Sunday, March 16, 2025

Creating liberating content

HYDERABAD: Upset over derogatory online posts about him and his

Vatican City: Pope Francis is improving slowly as he battles

Trump sends Iran a warning while ordering strikes against Houthis

Related News

A federal judge gave a huge blow to the Trump administration’s deportation of Venezuelan gang members from the country, blocking the use of a centuries-old law to fast-track the crackdown.US

HYDERABAD: Upset over derogatory online posts about him and his family members, Telangana chief minister A Revanth Reddy on Saturday warned individuals “posing as journalists and posting offensive and abusive

Vatican City: Pope Francis is improving slowly as he battles double pneumonia in hospital and is reducing the use of mechanical ventilation at night to help with breathing, the Vatican

Trump sends Iran a warning while ordering strikes against Houthis in Yemen – CBS News Watch CBS News President Trump issued a new warning to Iran while ordering military strikes

All three men were found lying in a pool of blood. Bengaluru: Three persons were killed after a fight broke out among a group of drunk men during Holi celebrations

LONDON: UK Prime Minister Keir Starmer on Saturday (local time) urged the international community to put “maximum pressure” on Russia, saying that Vladmir Putin’s response to the US-proposed 30-day ceasefire

Trending News

MUMBAI: A special court rejected CBI’s chargesheet against Indiabulls Housing Finance Ltd (IHFL), share broker Sanjay Dangi, and DB Realty promoters (Shahid Balwa and Vinod Goenka) along with their associate

Gold prices have reached new record highs, but Gold ETFs experienced a notable slowdown in February, with monthly inflows dropping by 47.22% to Rs 1,979 crore, compared to Rs 3,751

India’s foreign exchange reserves saw a significant jump of USD 15.267 billion, reaching a total of USD 653.966 billion during the week ending March 7, marking the largest increase in

BENGALURU: Wipro has realigned its global business lines (GBLs) to expand its go-to-market capabilities to meet clients’ business needs in emerging technologies driven by AI, cloud, and digital transformation. Wipro

Hon Hai Precision Industry Co. posted a surprise earnings fall after weak Chinese iPhone sales eroded margins, though the Nvidia Corp. supplier forecast a doubling in AI-related revenue this quarter.The

BENGALURU: Infosys McCamish Systems (IMS), a subsidiary of Infosys BPM, has agreed to put $17.5 million into a fund to settle pending class-action lawsuits and resolve allegations following a cybersecurity

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