The sensex fell by 551 points due to spiking crude oil prices and geopolitical tensions in West Asia. Banking & financial stocks, as well as Reliance Industries, were major contributors to the slide. Investors are concerned about surging crude oil prices impacting inflation and interest rates. Foreign funds selling Indian stocks also weighed on sentiment, with net outflows for the second consecutive month.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/FdRNXHA
Subscribe to:
Post Comments (Atom)
Dow soars over 1,300 pts, Sensex 900 pts
Indian markets surged on Tuesday, with the Sensex closing above 80,000 points, fueled by a global rally following Donald Trump's victory...
-
A woman, in her early 20s, was stabbed to death by a man in southeast Delhi's Bhogal area on Friday evening, following which the accused...
-
Collecting Lego — yes, the plastic toys made of interlocking bricks that become cars and castles and robots —returned more than large stocks...
-
The Delhi High Court on Thursday dismissed the pleas of TTV Dhinakaran and VK Sasikala challenging the Election Commission's order grant...
No comments:
Post a Comment