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Global selloff: Sensex and Nifty nosedive, Investors’ wealth eroded by Rs 17.11 lakh crore

Global selloff: Sensex and Nifty nosedive, Investors’ wealth eroded by Rs 17.11 lakh crore

by AIP Online Bureau | Aug 5, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Wealth Management/ Philanthropy

Global markets were in the deep red on Monday as the US economic slowdown weighed heavily on the financial markets Mumbai: Equity market benchmark indices Sensex and Nifty crashed over 3 per cent each on Monday in line with extremely weak trends in global markets amid...
Sensex crosses 80,000 in record opening, banking stocks lead rally

Sensex crosses 80,000 in record opening, banking stocks lead rally

by AIP Online Bureau | Jul 3, 2024 | Eco/Invest/Demography, Indian News, Technology, Wealth Management/ Philanthropy

“Higher global markets are setting up a positive open for Indian markets today. Fed Chairperson Powell’s comments gave a boost to US markets with a rate cut in September and December being factored in, even though Powell did not allude to any imminent rate...
Nifty surpasses 24,000 for 1st time, Sensex goes past 79,000 after sharp bull run

Nifty surpasses 24,000 for 1st time, Sensex goes past 79,000 after sharp bull run

by AIP Online Bureau | Jun 27, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

The market capitalization of BSE-listed firms hit a lifetime high of Rs 4,38,41,960.73 crore (USD 5.25 trillion), with investors’ wealth increasing by Rs 3.93 lakh crore in just four sessions. Noteworthy, it took the BSE benchmark merely two sessions to move...

Sensex, Nifty hit fresh lifetime highs on buying in blue-chips HDFC Bank, Reliance

by AIP Online Bureau | Jun 14, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

“There is a temporary blip in the market momentum, due to a lack of fresh triggers after the hawkish commentary from the US Fed, lowering the plausibility of a rate cut in the short-term. A near-term consolidation seems probable as domestic investors await cues from...
Sensex touches all-time high, investors recover Rs 28 lakh crore in last 3 trading sessions

Sensex touches all-time high, investors recover Rs 28 lakh crore in last 3 trading sessions

by AIP Online Bureau | Jun 8, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy

The anticipation of stability within the coalition government at the center, coupled with the RBI’s upward revision of its growth forecast for FY25 to 7.2%, fuelled a broad-based rally in the domestic market Friday’s rally was supported by foreign funds...
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