HDFC

Sensex slumps 536 pts; financial stocks lead fall

5:13 pm April 24, 2020

Mumbai: Equity benchmark Sensex tumbled 536 points on Friday, led by a selloff in financial and IT stocks as global markets slumped on mounting economic pressure of coronavirus-led lockdowns with no respite in sight. Further, in a blow to domestic market sentiment, Franklin Templeton Mutual Fund announced winding up of six debt schemes due to […]

Indices erase most gains; HDFC twins, RIL save the day

8:33 pm April 20, 2020

Mumbai: Benchmarks Sensex and Nifty stepped back from the day’s highs to settle on a flat note on Monday, with gains in HDFC twins, RIL and IT shares pausing slide on the indices, as investors look for a new direction amid continued uncertainty surrounding Covid-19. The 30-share BSE Sensex closed higher for the third consecutive […]

Sensex slumps 674 pts; Nifty drops below 8,100

5:01 pm April 3, 2020

Mumbai: Equity benchmark Sensex tumbled 674 points on Friday, weighed by losses in banking stocks as unabated spike in new Covid-19 cases fuelled uncertainty over the economic impact of the pandemic. After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95. The […]

Sensex nosedives 2,713 pts; Nifty gives up 9,200-mark

7:28 pm March 16, 2020

Mumbai: Resuming its free fall, the BSE Sensex plunged over 2,713 points on Monday, tracking a selloff in Asian peers as the coronavirus pandemic continued to wreak havoc on markets. Dalal Street was buzzing with speculation of an inter-meeting rate cut by the RBI after Governor Shakitkanta Das called a press conference at 1600 hours […]

Six of top-10 firms lose Rs 95,432 cr in m-cap; RIL takes biggest hit

2:54 pm March 8, 2020

New Delhi: Six of the 10 most valued domestic companies suffered a combined erosion of Rs 95,432.26 crore in market valuation last week, dragged down by Reliance Industries Limited (RIL) and HDFC Bank amid a bearish trend in the broader market. During the last week, the BSE Sensex plunged 720.67 points or 1.88 per cent. […]