Markets accord red welcome to FY21
Day 1 of the new fiscal saw benchmark indices in the red all through the day; they closed 4% lower.
nifty 50
April 2020
March 2020
FPIs record their worst March in 19 years
Foreign portfolio investors pull out ₹1.18 lakh crore this March, the highest outflow since 2002.
Markets continue to be virus-hit
Equity markets are back to tracking Covid-19 numbers amid fears of global recession. The Sensex and the Nifty 50 closed over 1,375 points and 379 points lower compared to Friday’s close.
RBI measures fail to cheer markets
Both the benchmark indices closed flat after huge rallies in three consecutive days; they ended the week with over 20% gains from the week’s lows.
Markets end in the green for 3rd consecutive day
Shorts’ covering on expiration day of March futures and options contracts helped the Sensex and the Nifty 50 gain 1,410 and 323 points each.
Markets rally on stimulus package hopes
Benchmark indices in India take cues from global markets which rallied on expectations of stimulus packages; the Sensex gained over 1,861 points and the Nifty 50 over 496 points over Tuesday’s close.
Markets end in the green
Positive global cues and hope of a government stimulus helped the markets recover after a 13% decline on Monday. Both the benchmark indices jumped over 5.6% before closing 2.5% higher on Tuesday.
BLOODBATH ON D-STREET
Both the Sensex and Nifty 50 record their steepest decline since the global financial meltdown in January 2008. The RBI will inject ₹1lakh crore through repo operations to meet liquidity needs.
MARKETS RISE AT THE END OF A GLOOMY WEEK
Key indices jump over 7.5%, before closing nearly 6% higher on Friday.
MARKETS TOUCH A NEW LOW
Volatility in global markets continues due to Coronavirus pandemic; the benchmark BSE Sensex and Nifty 50 fall over 7% to record their respective new 52-week lows.
