Indian equity benchmarks, the Sensex and Nifty, recorded notable weekly gains, with the Rupee recovering from recent lows, even as geopolitical tensions in the Middle East persisted. This market resilience, observed through the week ending May 8th, was largely supported by easing crude oil prices and a strengthening domestic currency, offering a counterpoint to global…
On May 8th, major Indian stock indices, the Sensex and Nifty, experienced a significant downturn for the second consecutive day, with the Sensex falling over 500 points and the Nifty dropping below 24,200, primarily driven by renewed geopolitical tensions in West Asia and a cautious reaction to domestic corporate earnings, including the State Bank of…
Indian benchmark indices, the Sensex and Nifty, witnessed a notable decline recently, with the Sensex falling over 550 points from its intraday high and the Nifty slipping below the 24,300 mark. This downturn, affecting investors across the country’s major exchanges, occurred amidst broader global market weakness, persistent geopolitical tensions, and a wave of profit booking…
