Weak macroeconomic data and global cues weighed on investor sentiments as key benchmark indices on Tuesday closed with over 2% decline.

The BSE Sensex tumbled 866.78 points intra-day before closing 769.88 points, or 2.06%, lower to 36562.91. NSE Nifty 50, too, fell 250.55 points intraday before ending 225.35 points, or 2.04%, lower at 10797.90.

Mumbai: Domestic equity benchmark BSE Sensex dropped below the 37,000 level, plunging over 500points, in afternoon trade on Tuesday tracking heavy selling in financial sector and auto stocks amid weak domestic and global cues.

The 30-share index was trading 516.79 points, or 1.38 per cent, lower at 36,816.00 in afternoon trade, while the broader Nifty sank 151.95 points, or 1.38 per cent, to 10,871.

The equity markets on Friday snapped their two-day losing streak, and ended with robust gains. Markets gained largely due to the positive global cues. Markets participants say that measures taken by the government in the last one week are positive for long term, but some measures are also required to kick-start the economy.

Domestic equity benchmark BSE Sensex jumped over 200 points and the Nifty reclaimed the 11,000 level in early trade on Friday led by gains in financial and energy stocks amid positive global cues.

The 30-share index was trading 205.70 points, or 0.55 per cent, higher at 37,274.63 at 0930 hours, while the broader Nifty rose 61.35 points, or 0.56 %, to 11,009.65.

The Securities and Exchange Board of India (Sebi), in its order on Thursday, disposed of the show cause notice (SCN) issued to senior employees of the National Stock Exchange (NSE) on January 4, with respect to the co-location (colo) case. The capital markets regulator did not levy any monetary penalty.

Mumbai: Domestic equity benchmark BSE Sensex dropped over 250 points in early trade on Thursday dragged by heavy selling in banking stocks ahead of the expiry of August derivatives amid weak cues from other Asian markets.

After hitting a low of 37,191.79, the 30-share index was trading 215.51 points, or 0.58 per cent, lower at 37,236.33 at 0930 hours, while the broader Nifty fell 58.90 points, or 0.53 per cent, to 10,987.20 in early trade.

Mumbai: Most brokerages have cut Nifty earnings by over 5 per cent, with many Nifty companies’ earnings per share (EPS) being downgraded.

“Earnings growth story that was expected to pick up meaningfully this year is getting derailed. We have lowered the Nifty’s earnings by about 5 per cent due to overall slowdown in the economy, post-June 2019 corporate earnings and expectation of a weak second quarter.

Mumbai: Domestic equity benchmark BSE Sensex started on a choppy note on Wednesday tracking weakness in metal and banking stocks amid tepid cues from global markets.

After opening slightly higher than its previous close, the 30-share index slipped into the red to trade 12.46 points, or 0.03 per cent, lower at 37,628.81 at 0930 hours, while the broader Nifty fell 7.30 points, or 0.06 per cent, to 11,098.05 in early trade.

Mumbai: Domestic equity benchmark BSE Sensex opened over 150 points higher on Tuesday led by gains in index heavyweights L&T, ICICI Bank, SBI and HDFC Bank amid positive domestic and global cues.

The 30-share index was trading 123.95 points, or 0.33 per cent, up at 37,618.07 at 0930 hours, while the broader Nifty rose 43.45 points, or 0.39 per cent, to 11,101.30 in early trade.

Domestic equity benchmark BSE Sensex rallied over 662 points in opening session on Monday after the government rolled back the enhanced surcharge on foreign portfolio investors, and unveiled a slew of measures to boost the economy.

The 30-share index, however, pared some gains as investors began booking profits at higher levels. The index was trading 245.71 points, or 0.67 per cent, up at 36,946.87 at 0930 hours.

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