Despite heavy FPI selling, indices are still only about 5 per cent below record highs. Illustration: Dominic Xavier/Rediff Key Points Market breadth remained weak, with 2,989 stocks declining and 1,229 advancing The spot gold hit a new high of $4,976.59
Stock market benchmarks Sensex and Nifty ended lower on Monday, tracking deep losses in heavyweights Reliance Industries, Eternal, and ICICI Bank amid global tariff uncertainties. Photograph: Francis Mascarenhas/Reuters Besides, weakness in the rupee and unabated flight of foreign capital from
Civil unrest in Iran has started impacting India’s basmati rice exports to the country, leading to a sharp fall in domestic prices, as exporters face payment delays and mounting uncertainties, an industry body said on Tuesday. Photograph: Rajendra Jadhav/Reuters The
Benchmark indices Sensex and Nifty ended lower for the second day in a row on Tuesday, dragged by heavy selling in blue-chips Reliance Industries, HDFC Bank, and worries over fresh warning from the US to further raise tariffs against India.
