Rate, inflation worries set Indian shares for worst week since May 2020

Indian shares slipped in volatile trade on Friday and were on course for their worst week in over two years, hit by worries that rapid increases in policy rates targeted at taming inflation could derail economic recovery. The NSE Nifty 50 index slid 0.51% to 15,282.45, as of 0446 GMT, while the S&P BSE Sensex fell…

Sensex drops 200 points, Nifty down to 17,992 amid inflation worries

Sensex and Nifty dropped in early morning trade on Tuesday, as heavyweight financial stocks slipped, while fresh inflation worries due to rising global crude prices also weighed on sentiment. The equity benchmark S&P BSE Sensex fell 0.34 per cent or 203.63 points to 60,408.11, the NSE Nifty 50 index was down…

Sensex falls 150 points, Nifty flat at 17,209 on rising oil prices, inflation fears

The Sensex and Nifty tumbled in early morning trade on Thursday and both indexes of the share market were trading in the red. The benchmark S&P BSE Sensex fell 0.26 per cent or 151.03 points to 57,533.79 and the blue-chip NSE Nifty 50 index slid 0.21 per cent or 36.05 points to 17,209.60. This comes as crude oil…

Sensex, Nifty fall on inflation worries; Omicron concerns persist

Indian shares posted broad-based declines on Friday, pressured by foreign fund outflows, and as global central banks took a hawkish stance and warned of surging inflation. The NSE Nifty 50 index fell 1.53% to 16,985.20 and the benchmark S&P BSE Sensex dropped 1.54% to 57,011.74. Both the indexes shed…