File image. | Photo Credit: Reuters Benchmark Sensex declined by 360 points while the Nifty closed below the 17,000-level on March 20 due to a sell-off in financials, IT and capital goods shares amid a global rout in equities on lingering worries over the banking crisis. The 30-share BSE Sensex declined by 360.95 points or […]
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The headquarters of Swiss bank Credit Suisse. | Photo Credit: AP Credit Suisse’s shares have soared 30% after it announced it will move to shore up its finances by borrowing up to nearly $54 billion from the Swiss Central Bank. It’s a massive swing on March 16 after its shares plunged 30% on the SIX […]
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Swiss bank Credit Suisse said on March 16 it will move to shore up its finances, borrowing up to $54 billion from the central bank after its shares plunged, dragging down other major European lenders in the wake of bank failures in the United States. Credit Suisse said it would exercise an option to borrow […]
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File. | Photo Credit: The Hindu Benchmark BSE Sensex declined nearly 340 points to close below the 58,000 level on March 14, marking its fourth straight day of losses as auto, IT and financial stocks wilted amid concerns over the fallout of failure of two U.S.-based banks. The 30-share BSE Sensex fell 337.66 points or […]
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Rising for the third straight session, equity benchmark Sensex closed higher by 123 points on March 8, propped up by robust fag-end buying in banking and financial stocks amid a bearish trend in global equity markets. Besides, covering-up of short positions by bears supported the late recovery in stocks, helped wipe off losses, traders said. […]
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File. | Photo Credit: Paul Noronha Benchmark indices Sensex and Nifty advanced for a second session in a row on March 6 on gains in IT, banking and auto stocks following strong global trends. The 30-share BSE benchmark rose by 415.49 points or 0.69% to close at 60,224.46 with 25 of its constituents ending in […]
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File. | Photo Credit: Paul Noronha The Sensex jumped nearly 900 points and the Nifty rallied over 272 points on March 3, bouncing back from the previous day’s fall, following a positive trend in global equities and fresh foreign fund inflows. The BSE Sensex rallied 899.62 points or 1.53% to end at 59,808.97 after starting […]
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File image. | Photo Credit: Arunangsu Roy Chowdhury Market benchmarks climbed in early trade on March 3, bouncing back from the previous day’s fall, following a positive trend in global equities and fresh foreign fund inflows. The BSE Sensex climbed 503.56 points to 59,412.91 after starting the trade on a positive note. The NSE Nifty […]
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A view of the Bombay Stock Exchange building in Mumbai | File Photo Market benchmarks ended nearly 1 per cent lower on Thursday amid weak trend in global equities and continuous foreign fund outflows. The BSE Sensex tumbled 501.73 points or 0.84 per cent to settle at 58,909.35. During the day, it tanked 544.82 points […]
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Image used for representational purpose only. | Photo Credit: Reuters Benchmark indices Sensex and Nifty continued their slide for the eighth straight day on Tuesday due to selling in oil & gas, pharma and banking stocks amid worries over further interest rate hikes. Mixed global cues, selling by FIIs and caution by investors ahead of […]
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