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Bloodbath on D-Street: Sensex slumps over 4,000 points amid election uncertainty, investors lose Rs 31 lakh crore

Bloodbath on D-Street: Sensex slumps over 4,000 points amid election uncertainty, investors lose Rs 31 lakh crore

by AIP Online Bureau | Jun 4, 2024 | Indian News, Risk Management, Wealth Management/ Philanthropy

The Nifty index dropped as much as 5.43% to 22,000.60 points while the BSE index fell to a low of 72,337.34 points, down 5.4% on the day. That was the biggest fall since April 2020 and pulled stocks sharply away from records highs struck a day earlier “If there...
Sensex-Nifty mark record highs on expectation of Modi 3.0,investors richer by Rs 12.48 lakh crore

Sensex-Nifty mark record highs on expectation of Modi 3.0,investors richer by Rs 12.48 lakh crore

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

The Sensex surged by 1859.88 points, opening at a record 75,821.19. Similarly, the Nifty jumped 603.85 points, starting the day at 23,134.55.The buoyant market sentiment was further bolstered by India’s impressive Q4FY24 GDP growth of 7.8 per cent, surpassing...
Bloodbath on D-Street: Sensex slumps over 4,000 points amid election uncertainty, investors lose Rs 31 lakh crore

Investors’ wealth eroded by Rs 5.12 lakh crore in four straight days before Lok Sabha outcome

by AIP Online Bureau | May 29, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Wealth Management/ Philanthropy

”Nifty dropped by 183 points, marking the fourth consecutive decline as election jitters triggered intense selling. The Sensex fell by nearly 668 points to 74,503,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd. Mumbai: Investors’...

Sensex slips over 1,000 points as broad sell-off continues in Indian stocks

by AIP Online Bureau | May 9, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Wealth Management/ Philanthropy

Analysts asserted that a strong US dollar, uncertainty in Lok Sabha elections outcome after a decreasing voter turnout trend seen so far in the three phases that went to vote, and a profit booking after the recent rally hurt the markets Stock market investors lost Rs...
Sensex tanks over 900 points on concerns over Middle East conflict weak global trends

Sensex tanks over 900 points on concerns over Middle East conflict weak global trends

by AIP Online Bureau | Apr 15, 2024 | Indian News, Policy, Risk Management, Wealth Management/ Philanthropy

“There are many headwinds that will weigh on markets today: the renewed conflict in the Middle East, proposed changes in the India-Mauritius tax treaty and the hotter-than-expected US inflation are negatives,” said V K Vijayakumar, Chief Investment...
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