Inventory markets fall for second day, Sensex crashes 721 factors amid broad sell-off in IT, finance and vitality shares

Inventory markets fall for second day, Sensex crashes 721 factors amid broad sell-off in IT, finance and vitality shares

Indian inventory markets prolonged losses for a second straight session on Friday, with the Sensex nosediving 721 factors and the Nifty slipping 225 factors. Weak company earnings, continued FII outflows, and poor international cues dragged benchmarks to one-month lows learn extra Friday noticed inventory markets fall for the second consecutive day, with the Sensex plunging…

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One-third of NSE 500 shares now cheaper than pre-covid valuation, ETCFO

One-third of NSE 500 shares now cheaper than pre-covid valuation, ETCFO

A few third of NSE 500 shares are cheaper than their pre-Covid valuations, as measured by price-to-earnings (PE) and price-to-book (P/B) ratios. Following the sharp market correction since October 1, a number of blue-chip corporations are 10-60% under March 2020 ranges by these key metrics. They embrace HDFC Financial institution, Bharti Airtel, ICICI Financial institution,…

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Sensex soars 631 factors to 76,532, Nifty surges 205 factors on shopping for in IT shares, agency world cues – India TV

Sensex soars 631 factors to 76,532, Nifty surges 205 factors on shopping for in IT shares, agency world cues – India TV

Picture Supply : X Representational picture Inventory market benchmark indices Sensex and Nifty noticed an increase of practically 1 per cent on Wednesday. The upward development was credited to a rally in IT, capital items and industrial shares amid a agency continuing in world markets. The 30-share BSE benchmark Sensex soared 631.55 factors or 0.83…

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