Sensex Falls 1,314 Points From Day's High, Nifty Ends Near 11,650
The S&P BSE Sensex and NSE Nifty 50 Indexes retreated from record highs hit earlier in the day despite the ruling Bharatiya Janata Party-led National Democratic Alliance (NDA) winning a clear majority in the recently-concluded general elections. Analysts told NDTV that the investors booked profits at high levels as BJP's victory in the elections was factored in and shifted focus to global cues as concerns grew that the China-US trade conflict was fast turning into a technology cold war between the world's two largest economies. The Sensex fell as much as 1,473 points from record high of 40,124.96 and the NSE Nifty 50 Index declined as much as 427 points from record high of 12,041.15 to hit intraday low of 11,614.50. The Sensex ended 299 points lower at 38,811 and the NSE Nifty 50 Index fell 0.69 per cent or 81 points to shut shop at 11,657. Losses in FMCG, metals and information technology shares weighed on the benchmarks.
Here are the highlights of today's session:
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Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
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Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
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AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
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Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
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The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
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Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
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Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
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'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
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Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
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The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
