The broader 50-share Nifty tumbled 187.85 points or 0.86 per cent to 21,555.40 points while the 30-share Sensex crashed 675.79 points or 0.94 per cent to 70,879.40 points.
Mumbai: Equity benchmarks fell for the third day running on Tuesday, with the Sensex tumbling 375 points in early trade, tracking weak global markets as investors remained cautious ahead of the Federal Reserve meeting outcome. Unabated foreign fund outflows continued to weigh on the domestic equity markets. The 30-share BSE benchmark was trading 374.72 points […]
New Delhi: Continuing their selling spree, foreign investors have dumped Indian equities worth over Rs 39,000 crore this month so far amid rising bond yields in the US, an appreciating dollar and prospects of more aggressive rate hikes by the Federal Reserve. With this, the net outflow by foreign portfolio investors (FPIs) from equities has […]
Accordingly, market watchers, said that the upswing seen late on last Friday on account of rejig in international index weights might not sustain in the coming week.