Sensex Slips 250 Pts, Nifty Dips Below 25,600 as Banks, Metals Drag; India VIX Rises 2%

Sensex slips 250 pts, Nifty dips below 25,600 as banks, metals drag; India VIX rises 2%

The broader market stayed firm, with mid and smallcap stocks extending their winning streak for the seventh consecutive session.

Indian stock market opens flat

Mumbai: The Indian benchmark indices opened flat on Monday amid positive global cues, as buying was seen in the PSU bank and IT sectors in the early trade. At around 9.27 am, Sensex was trading 1.35 points up at 84,057.55 while the Nifty added 6.50 points or 0.03 per cent at 25,644.30. According to analysts, decline in geopolitical tensions in West Asia, the sharp pull back of Brent crude to $67 and reports of positive developments on the trade …

Markets Fall After Four-Day Rally: Nifty Below 25,500, Sensex Nearly 600 Points Down — Key Drivers

The benchmark indices fell nearly 1%, weighed down by Nifty Finance and Nifty Auto. Nifty 50 fell below 25,000, while Sensex was down nearly 600 points. However, the broader segment of the market was positive as the Nifty Midcap 100 was up 0.63% and Smallcap 100 index was 0.93% higher.Nifty 50 on Monday fell 0.64% to 25,473.30, while Sensex was down 0.69% to 83,482.13.This came despite improved global risk sentiment from easing tensions in the M…

Markets fall in early trade after 4-day rally dragged by bank stocks; Sensex at 83,876

Mumbai: Equity benchmark indices Sensex and Nifty declined in early trade on Monday after a four-day rally amid emergence of profit-taking, mainly in bank stocks. The 30-share BSE Sensex slipped 182.77 points to 83,876.13 in early trade. The 50-share NSE Nifty dropped 46.25 points to 25,591.55. From the Sensex firms, Mahindra & Mahindra, Bharti Airtel, NTPC, HDFC Bank, Kotak Mahindra Bank and Axis Bank were among the laggards. However, Larsen & …