Markets trade lower on weak global market trends, foreign fund outflows
The Hindu
Mumbai stock market declines due to global trends, foreign outflows; Sensex drops 314.56 points, Nifty falls 101.65 points.
Equity benchmark indices declined in early trade on Friday amid weak global market trends and foreign fund outflows.
The 30-share BSE Sensex declined 314.56 points to 72,782.72 after a weak beginning. The NSE Nifty dropped 101.65 points to 22,045.
From the Sensex basket, Mahindra & Mahindra, Infosys, Axis Bank, HCL Technologies, NTPC and Asian Paints were the major laggards.
Bharti Airtel, Power Grid, State Bank of India and IndusInd Bank were among the gainers.
"The rebound in the market yesterday after the Wednesday crash is unlikely to be sustained. Brent crude rising to $85 and the 10-year U.S. bond yield spiking to 4.29% are headwinds for the market.
"Results of the stress tests conducted by the mid and smallcap schemes of mutual funds expected today will be keenly watched by the market," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
RBI plans ₹1 lakh crore OMO in December to boost liquidity amid upcoming tax payments, ensuring stability in the banking system.
IndiGo faces ongoing flight delays and cancellations due to technology issues, weather, and new crew rostering rules.
Stock markets experience volatility as investors await RBI's monetary policy amid foreign fund outflows and mixed global trends.
ED attaches assets worth ₹1,120 crore in Anil Ambani's Reliance Group case, totaling ₹10,000 crore amid money laundering probe.
Rupee rises 20 paise to 89.69 against the dollar as investors await RBI's monetary policy decision amidst market pressures.
Just nine Fugitive Economic Offenders (FEOs) owed Indian banks over ₹58,000 crore in principal and interest. To date, banks have recovered just over ₹19,000 crore — roughly 33% of the total dues.
Commerce Minister Piyush Goyal urges Indian businesses to seize opportunities in Russia's market, addressing talent shortages and trade demands.
Premiumisation is driving the growth in beauty and personal care industry in India and this segment is growing faster than the products made for the masses, industry executives said at Cosmoprof India 2025, a beauty & personal care industry event currently underway in Mumbai.
Scaling Artificial Intelligence(AI) at the speed at which consultants project is not possible by the laws of physics and may not be environmentally sustainable, said Tanvir Khan, who is the Executive Vice President and Chief Operating Officer of NTT DATA North America, part of the Japanese technology services and data centre company NTT Data, in an interview with The Hindu.
The Rupee appreciated by 19 paise to close at 89.96 against the U.S. dollar amid weak dollar index support.
India aims to expand its tea exports to China, highlighting diverse varieties like Darjeeling and Masala at a recent buyer-seller meet.
Stock markets rebound after four days of decline as Sensex rises 158 points, driven by tech and IT shares.
India reduces Russian oil imports by 38% in October 2025, marking the sharpest decline in value and volume yet.