Tag: #BankingStocks
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Sensex Drops 455 Points as Profit Booking Weighs on Indian Stock Market
Sensex drops dominated market headlines on Friday as India’s benchmark equity indices ended the trading session in negative territory. The Sensex drops by 455.59 points while the Nifty 50 also closed lower due to broad-based profit booking, weakness in private banking stocks, and cautious investor sentiment driven by global uncertainties. The decline in the Indian…
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Sensex, Nifty Open Higher as Falling Crude Oil and Easing Geopolitical Tensions Boost Market Sentiment
Sensex Nifty Open Higher in Early Trade New Delhi [India], May 7: Indian stock markets opened on a positive note on Thursday as improving global sentiment, easing geopolitical tensions, and falling crude oil prices supported investor confidence. The domestic equity benchmarks continued their gaining momentum after a strong rally in the previous trading session. At…