Key Points
Benchmark equity indices Sensex and Nifty declined nearly 1 per cent on Thursday, continuing their falling streak for the fifth day running due to profit booking amid monthly expiry in the derivatives segment...
The 30-share BSE Sensex plunged by 617.30 points or 0.83 per cent to settle at 73,885.60..
Benchmark indices closed at lifetime high levels on May 23 which triggered profit-taking amid growing nervousness among investors ahead of the results of the Lok Sabha polls on June 4..
The benchmark index is taking cues from the US market as treasury yields continue to climb following the stickiness of global inflation, delaying the central bank's interest rates cut policy, Vinod Nair, Head of Research at Geojit Financial Services, said...
Meanwhile, the broader market continued the weak trend, led by profit booking, due to feeble closing of monthly expiry owing to lack of interest to hold short-term positions, as exit poll is slated in the weekend, Nair said...
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