Key Points
The S&P BSE Sensex was down 511.52 points at 57,478.38 at 9:32 am, while the NSE Nifty 50 fell 155.50 points to 16,944.55..
Stock markets tumbled as investors remain concerned about the possibility of a full-blown global banking crisis..
A broad-based fall was also observed in stocks from all heavyweight sectors, signalling that the possibility of a global banking crisis has hit the sentiment of investors...
It may be noted that concerns over the global banking crisis are growing, with top Swiss lender UBS saying it will buy troubled Credit Suisse for $3.2 billion and assume up to $5.4 billion in losses..
After the announcement, the US Federal Reserve, European Central Bank and other major central banks released statements to calm markets that have been hurt by the risk of contagion in global banking...
You might be interested in
Markets fall in early trade; turn volatile later
25, May, 23Sensex turn volatile in forenoon trade on May 25
Sensex, Nifty hit record highs for 3rd straight session; IT stocks rally
06, Dec, 23After opening at record highs, both the S&P BSE Sensex and NSE Nifty 50 extended gains in early trade. The Sensex was up 323.53 points at 69,619.67 at around 9:49 am, while the NSE Nifty 50 gained 76.90 points to 20,932.
Markets open higher amid firm global trends; eyes on U.S. Fed interest rate decision
22, Mar, 23Stock markets started the trade on a positive note on March 22, continuing their previous day’s rally, in line with a firm trend in global equities. The 30-share BSE Sensex advanced 344.1 points to 58,418.78. The broader NSE Nifty climbed 99.75 points to 17,207.25.
Sensex, Nifty snap two-day winning streak, tumble nearly 1 per cent on global weakness
08, Jan, 24The 30-share BSE Sensex tanked 670.93 points or 0.93 per cent to settle at 71,355.22. Equity benchmarks Sensex and Nifty surrendered early gains to close with dee
Domestic markets end in red despite late recovery, IT, banking stocks drag
20, Mar, 23The S&P BSE Sensex ended 360.95 points lower at 57,628.95, while the NSE Nifty 50 settled barely above 17,000 after falling nearly 1 per cent. Broader markets reflected the weak sentiments as volatility spiked sharply.
Sensex, Nifty close higher for 2nd day on gains in global equities; IT, financials shares advance
06, Mar, 23Markets News: Benchmark indices Sensex and Nifty advanced for a second session in a row on Monday on gains in IT, banking and auto stocks following strong global tr
Sensex, Nifty open at record highs as US rate cut hopes drive global rally
07, Mar, 24The S&P BSE Sensex was up 85.96 points at 74,171.95 at 9:19 am, while the NSE Nifty50 gained 27.30 points to 22,501.35.
Markets climb in early trade on buying in Reliance Industries, IT stocks
21, Apr, 23The 30-share BSE Sensex climbed 134 points to 59,766.37 in early trade. The broader NSE Nifty advanced 36.4 points to 17,660.85.
Global stock markets advance as anxiety about banking crisis fade
29, Mar, 23In US markets, the S&P 500 rises 1.4%. The Dow Jones Industrial Average gains 1% and the Nasdaq Composite jumps 1.8%
Stock markets rally in early trade
09, Jun, 23Equity benchmark indices bounced back in early trade on Friday amid a rally in global markets and continuous foreign fund inflows.