Market Watch

  • Domestic equity indices BSE Sensex and NSE Nifty pared their early gains and ended lower on Tuesday after the International Monetary Fund (IMF) stated that China and Japan’s economies are expected to slow sharply over the next two years amid disappointing corporate results. The 30-share index closed 207.27 points down at 25,229.70, while Nifty settled 58.90 points down at 7,747.
     
    In the 50-share index, Aurobindo Pharma, Bharti Airtel, Bharti Infratel, Power Grid and Idea Cellular gained between 1.60 per cent and 4.15 per cent. On the other hand

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  • The BSE Sensex fell to a three-week low on Thursday as investors took gains off the table, continuing to book profits in recent outperformers as the upcoming quarterly reporting season is expected to be weak.
     
    The benchmark BSE Sensex shed 0.86 percent to close at 24,685.42, its lowest since March 17.
     
    The broader NSE Nifty fell 0.89 percent to 7,546.45. The index fell as much as 1 percent earlier in the session to its lowest level since March 18.
     
    Indian share markets will remai

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  • Indian shares fell more than 2 percent on Tuesday, posting their biggest percentage drop in nearly two months, as investors booked profits in banking stocks after the central bank cut interest rates by a quarter percentage point as widely expected.
     
    The Nifty fell 2.01 percent to end at 7,603.20, while the Sensex dropped 2.03 percent to close at 24,883.59.
     
    Both indexes posted their worst day since Feb. 11.
     
    Lenders, which had surged 15.7 percent in March, slumped, with ICICI Ban

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  • RBI Cuts Rates By 25 Bps to 6.50%
     
    RBI keeps CRR unchanged at 4%
     
    RBI cuts key rate for the first time in 6 months, bringing it to 5-year low
     
    Expect Economy To Grow By 7.6% In FY17
     
    Sensex down 211 points, Nifty50 still above 7,700 after RBI cuts repo rate by 25 bps
     
    RBI FIXES LIQUIDITY: Cuts Overnight CRR For Banks To 90% From 95%
  • Indian shares edged down on Tuesday, posting their second consecutive session of falls, amid caution ahead of the expiry of monthly derivative contracts later this week and a speech from U.S. Federal Reserve Chair Janet Yellen later in the day.
     
    The Nifty fell 0.24 percent to 7,597, while the Sensex dropped 0.26 percent to 24,900.46.
     
    In the 50-share index, Maruti Suzuki, Tata Motors, Idea Cellular, Tata Steel and IndusInd Bank gained between 1.65 per cent and 2.37 per cent. On the other hand, Lupin, Cipla, Dr Redd

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