#sensex-decline
Stock Market Crash Wipes Out $10 Billion From India’s Top 4 Billionaires' Wealth
India’s wealthiest individuals faced a massive financial hit in Monday’s stock market crash, which saw billions of dollars wiped off global markets. Along with retail investors and institutional players, some of the country’s most prominent business leaders—Mukesh Ambani, Gautam Adani, Savitri Jindal & family, and Shiv Nadar—collectively lost over $10 billion in personal wealth. The losses were reported based on Forbes’ real-time billionaire tracker, which
Stock Market Crash Wipes Out $10 Billion From India’s Top 4 Billionaires' Wealth
India’s wealthiest individuals faced a massive financial hit in Monday’s stock market crash, which saw billions of dollars wiped off global markets. Along with retail investors and institutional players, some of the country’s most prominent business leaders—Mukesh Ambani, Gautam Adani, Savitri Jindal & family, and Shiv Nadar—collectively lost over $10 billion in personal wealth. The losses were reported based on Forbes’ real-time billionaire tracker, which
U.S. Consumer Spending on Travel Drops in 2025 Amid Economic Uncertainty
In the early months of 2025, U.S. consumer spending on air travel, hotels, and restaurants saw a notable decline, signaling a shift in spending habits amid economic uncertainty. According to data from Bloomberg Second Measure, U.S. consumer spending on air travel dropped by 10% in February 2025, while spending on hotels decreased by 6%, compared to the same time last year. In addition, restaurant spending saw a 3.5% decrease, further highlighting
U.S. Consumer Spending on Travel Drops in 2025 Amid Economic Uncertainty
In the early months of 2025, U.S. consumer spending on air travel, hotels, and restaurants saw a notable decline, signaling a shift in spending habits amid economic uncertainty. According to data from Bloomberg Second Measure, U.S. consumer spending on air travel dropped by 10% in February 2025, while spending on hotels decreased by 6%, compared to the same time last year. In addition, restaurant spending saw a 3.5% decrease, further highlighting
Wall Street Tumbles as Trump's Trade Policies Spark Fears of US Recession in 2025
The aggressive trade policies of US President Donald Trump have sent shockwaves through global markets, with Wall Street facing a significant downturn. Major indices such as the S&P 500, Nasdaq, and Dow Jones witnessed sharp declines in the overnight trading session. The financial turbulence erased a staggering $4 trillion from the S&P 500's peak just last month. Impact on Major Tech Stocks The recent sell-off disproportionately
Wall Street Tumbles as Trump's Trade Policies Spark Fears of US Recession in 2025
The aggressive trade policies of US President Donald Trump have sent shockwaves through global markets, with Wall Street facing a significant downturn. Major indices such as the S&P 500, Nasdaq, and Dow Jones witnessed sharp declines in the overnight trading session. The financial turbulence erased a staggering $4 trillion from the S&P 500's peak just last month. Impact on Major Tech Stocks The recent sell-off disproportionately
Tesla Stock Faces Seven-Week Decline Amid Elon Musk’s Political Engagement
Tesla’s stock has been on a steady decline for seven consecutive weeks, raising concerns about the company’s future amid growing competition and CEO Elon Musk’s increasing political involvement. Since the beginning of 2024, Tesla’s stock has faced ongoing struggles, with a steady drop in value for seven straight weeks. This comes as CEO Elon Musk has taken on a more prominent political role in Washington, leading some investors to wo
Tesla Stock Faces Seven-Week Decline Amid Elon Musk’s Political Engagement
Tesla’s stock has been on a steady decline for seven consecutive weeks, raising concerns about the company’s future amid growing competition and CEO Elon Musk’s increasing political involvement. Since the beginning of 2024, Tesla’s stock has faced ongoing struggles, with a steady drop in value for seven straight weeks. This comes as CEO Elon Musk has taken on a more prominent political role in Washington, leading some investors to wo
Nifty Faces Worst Losing Streak in 29 Years as Market Falls 15% From Peak, Investor Wealth Shrinks
The Indian stock market is going through one of its worst phases in nearly three decades, with the Nifty 50 slipping 15% from its September peak. This marks its longest losing streak in 29 years, causing investor wealth to shrink by more than ₹90 lakh crore. On Friday, Nifty lost over 400 points, and the Sensex plunged by 1,400 points, sending shockwaves through Dalal Street.Investors are increasingly concerned about foreign institutional investor (FII) outflows, small- and mid-cap stock de
Nifty Faces Worst Losing Streak in 29 Years as Market Falls 15% From Peak, Investor Wealth Shrinks
The Indian stock market is going through one of its worst phases in nearly three decades, with the Nifty 50 slipping 15% from its September peak. This marks its longest losing streak in 29 years, causing investor wealth to shrink by more than ₹90 lakh crore. On Friday, Nifty lost over 400 points, and the Sensex plunged by 1,400 points, sending shockwaves through Dalal Street.Investors are increasingly concerned about foreign institutional investor (FII) outflows, small- and mid-cap stock de
Stock Markets Fall Sharply Despite RBI Rate Cut and BJP Victory in Delhi Elections
Indian stock markets experienced a significant fall in early trade on Monday, even though the Reserve Bank of India (RBI) announced a rate cut and the Bharatiya Janata Party (BJP) emerged victorious in the Delhi Assembly elections. The benchmark indices opened lower and continued to decline amid growing selling pressure. The BSE Sensex lost over 600 points, while the NSE Nifty dropped nearly 200 points. The Sensex hit a low of 77,189.04, down from the previous session&
Stock Markets Fall Sharply Despite RBI Rate Cut and BJP Victory in Delhi Elections
Indian stock markets experienced a significant fall in early trade on Monday, even though the Reserve Bank of India (RBI) announced a rate cut and the Bharatiya Janata Party (BJP) emerged victorious in the Delhi Assembly elections. The benchmark indices opened lower and continued to decline amid growing selling pressure. The BSE Sensex lost over 600 points, while the NSE Nifty dropped nearly 200 points. The Sensex hit a low of 77,189.04, down from the previous session&
Nifty and Sensex End Two-Day Fall, Close Higher: Market Highlights
Indian stock markets witnessed a strong recovery as both Nifty and Sensex rebounded from their two-day losing streak. Nifty surged by 1.62%, gaining 378.20 points to close at 23,739.25, while Sensex saw a rise of 1.81%, adding 1,397.07 points and ending the session at 77,583.81. The market rebound was largely driven by strong performances in large-cap stocks, particularly in sectors such as finance and infrastructure. Despite the recovery in benchmark indices, the broader marke
Nifty and Sensex End Two-Day Fall, Close Higher: Market Highlights
Indian stock markets witnessed a strong recovery as both Nifty and Sensex rebounded from their two-day losing streak. Nifty surged by 1.62%, gaining 378.20 points to close at 23,739.25, while Sensex saw a rise of 1.81%, adding 1,397.07 points and ending the session at 77,583.81. The market rebound was largely driven by strong performances in large-cap stocks, particularly in sectors such as finance and infrastructure. Despite the recovery in benchmark indices, the broader marke
Indian Stock Market Soars on February 4: Key Drivers Behind the Surge
On February 4, Indian stock markets experienced a strong rally as the Sensex and Nifty surged following positive global cues and optimism surrounding a potential rate cut by the Reserve Bank of India. The Sensex opened at 77,687.60 and gained over 700 points to reach 77,952, while the Nifty 50 opened at 23,509.90 and rose nearly 1% to 23,582. Mid-cap and small-cap stocks also posted gains, contributing to an overall bullish sentiment in the market. Investor confidence was boost
Indian Stock Market Soars on February 4: Key Drivers Behind the Surge
On February 4, Indian stock markets experienced a strong rally as the Sensex and Nifty surged following positive global cues and optimism surrounding a potential rate cut by the Reserve Bank of India. The Sensex opened at 77,687.60 and gained over 700 points to reach 77,952, while the Nifty 50 opened at 23,509.90 and rose nearly 1% to 23,582. Mid-cap and small-cap stocks also posted gains, contributing to an overall bullish sentiment in the market. Investor confidence was boost
Indian Stock Market Falls 700 Points Amid Global Trade Tensions, FPI Selling & Weak Rupee
Summary: Indian stock market saw a sharp decline: Sensex fell over 700 points, Nifty down nearly 300 points. Decline triggered by global factors, including new US tariffs on Mexico, Canada, and China. Foreign investor selling pressure continues, with FPIs pulling out significant funds from Indian markets. Rupee hits a record low of Rs 87.07 against the US dollar. Despite post-Budget relief for some sectors, overall
Indian Stock Market Falls 700 Points Amid Global Trade Tensions, FPI Selling & Weak Rupee
Summary: Indian stock market saw a sharp decline: Sensex fell over 700 points, Nifty down nearly 300 points. Decline triggered by global factors, including new US tariffs on Mexico, Canada, and China. Foreign investor selling pressure continues, with FPIs pulling out significant funds from Indian markets. Rupee hits a record low of Rs 87.07 against the US dollar. Despite post-Budget relief for some sectors, overall
Stock Markets Rise After BJP's Big Win in Maharashtra Elections
Indian stock markets saw a strong rally this morning, buoyed by the BJP-led NDA's massive victory in the Maharashtra assembly elections, which is home to Mumbai, the financial capital of India. The BSE Sensex opened at 80,193.47 points and surged by about 1,300 points by 11 am, while the Nifty 50 gained more than 346.30 points to open at 24,253.55 points. This follows a strong session on Friday where both indices saw their best performance since early June. All 13 major sectors
Stock Markets Rise After BJP's Big Win in Maharashtra Elections
Indian stock markets saw a strong rally this morning, buoyed by the BJP-led NDA's massive victory in the Maharashtra assembly elections, which is home to Mumbai, the financial capital of India. The BSE Sensex opened at 80,193.47 points and surged by about 1,300 points by 11 am, while the Nifty 50 gained more than 346.30 points to open at 24,253.55 points. This follows a strong session on Friday where both indices saw their best performance since early June. All 13 major sectors
Market crash: Investors become poorer by ₹13 lakh crore; Sensex tanks 2.27% in two days
In just two days, equity investors faced a staggering loss of ₹13 lakh crore in market valuation as the BSE benchmark Sensex saw a sharp 2.27% drop. The benchmark index shed 1,805.2 points, with a 984.23-point decline on Wednesday, November 13, 2024, ending at 77,690.95. Experts cited soaring retail inflation, which hit a 14-month high of 6.21% in October, persistent foreign fund outflows, and muted corporate earnings as the primary reasons behind the significant market correction
Market crash: Investors become poorer by ₹13 lakh crore; Sensex tanks 2.27% in two days
In just two days, equity investors faced a staggering loss of ₹13 lakh crore in market valuation as the BSE benchmark Sensex saw a sharp 2.27% drop. The benchmark index shed 1,805.2 points, with a 984.23-point decline on Wednesday, November 13, 2024, ending at 77,690.95. Experts cited soaring retail inflation, which hit a 14-month high of 6.21% in October, persistent foreign fund outflows, and muted corporate earnings as the primary reasons behind the significant market correction
Nifty 50 and Sensex Rally Over 1% Amid Trump Victory: IT Stocks Lead the Charge
On Wednesday, the Indian stock markets showed a strong upward movement, with the Nifty 50 closing 1.12% higher at 24,484.05 and the BSE Sensex ending 1.13% up at 80,378.13. The rally was largely fueled by a significant surge in information technology (IT) stocks, including Infosys Ltd., Tata Consultancy Services Ltd. (TCS), and other major players in the sector. The rally was
Nifty 50 and Sensex Rally Over 1% Amid Trump Victory: IT Stocks Lead the Charge
On Wednesday, the Indian stock markets showed a strong upward movement, with the Nifty 50 closing 1.12% higher at 24,484.05 and the BSE Sensex ending 1.13% up at 80,378.13. The rally was largely fueled by a significant surge in information technology (IT) stocks, including Infosys Ltd., Tata Consultancy Services Ltd. (TCS), and other major players in the sector. The rally was
Ola’s Valuation Plummets to $2 Billion as Vanguard Marks Down Shares Amid Strategic Shift
Ola, the ride-hailing giant, has seen its valuation slashed by 72%, falling to around $2 billion from its peak of $7.3 billion in late 2021, according to Vanguard’s recent regulatory filings. The US-based asset manager now values its shares in ANI Technologies, Ola’s parent company, at $14.3 million, a steep drop from its initial $51 million investment. This markdown is an internal adjustment by Vanguard, reflecting Ola’s recent challenges, including high-level departures an
Ola’s Valuation Plummets to $2 Billion as Vanguard Marks Down Shares Amid Strategic Shift
Ola, the ride-hailing giant, has seen its valuation slashed by 72%, falling to around $2 billion from its peak of $7.3 billion in late 2021, according to Vanguard’s recent regulatory filings. The US-based asset manager now values its shares in ANI Technologies, Ola’s parent company, at $14.3 million, a steep drop from its initial $51 million investment. This markdown is an internal adjustment by Vanguard, reflecting Ola’s recent challenges, including high-level departures an
"Indian Equity Indices Slide for Second Week; Titan Co. and Tata Steel Lead Losses"
India's benchmark equity indices closed lower for a second consecutive week on Friday, as market sentiment was dampened by losses in major stocks such as Titan Co. and Tata Steel Ltd. On Friday, the Nifty index slipped by 0.10%, or 24.15 points, finishing at 24,974.3, while the Sensex declined by 0.22%, or 176.01 points, closing at 81,435.40. The decline was attributed to the performance of banking stocks and Tata Consultancy Services Ltd., which contributed significantly to the
"Indian Equity Indices Slide for Second Week; Titan Co. and Tata Steel Lead Losses"
India's benchmark equity indices closed lower for a second consecutive week on Friday, as market sentiment was dampened by losses in major stocks such as Titan Co. and Tata Steel Ltd. On Friday, the Nifty index slipped by 0.10%, or 24.15 points, finishing at 24,974.3, while the Sensex declined by 0.22%, or 176.01 points, closing at 81,435.40. The decline was attributed to the performance of banking stocks and Tata Consultancy Services Ltd., which contributed significantly to the
Market Outlook: Nifty and Sensex Key Levels to Watch Amid Bullish Bat Pattern Formation
The current market sentiment is subdued, with the potential for a fresh selloff if certain technical thresholds are breached. Analysts suggest that for the Nifty and Sensex to experience a significant decline, the indices would need to drop below their respective 20-day simple moving averages or fall beneath the 24,900 and 81,400 marks. If these levels are breached, the Nifty could slip to the 24,775-24,725 range, while the Sensex might drop to 81,000-80,800. On the other hand, for
Market Outlook: Nifty and Sensex Key Levels to Watch Amid Bullish Bat Pattern Formation
The current market sentiment is subdued, with the potential for a fresh selloff if certain technical thresholds are breached. Analysts suggest that for the Nifty and Sensex to experience a significant decline, the indices would need to drop below their respective 20-day simple moving averages or fall beneath the 24,900 and 81,400 marks. If these levels are breached, the Nifty could slip to the 24,775-24,725 range, while the Sensex might drop to 81,000-80,800. On the other hand, for









