Indian benchmark equity indices opened lower on Wednesday after a rise in October retail inflation reduced expectations of a rate cut by the Reserve Bank of India (RBI) next month. This, coupled with weak earnings and ongoing foreign outflows,

Wednesday was another day of fall for benchmark stock indices Sensex and Nifty as US 10-year bond yields spiked and dollar hit four-month high against a basket of major currencies, ahead of US CPI inflation data later in the day.

Benchmark indices Nifty and Sensex tumbled to nearly three-month lows as mounting concerns fueled a sell-off and allowed bearish sentiment to take hold. This decline marks the fifth consecutive session of losses for both indices,

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session over 1% lower. Nifty 50 closed at 23,883.45, while Sensex ended at 78,675.18. Overnight, Wall Street indices Dow Jones and S&P 500 ended lower,

Considering these, Nifty is likely to find support around 23,760 and 23,510 and face resistance around 23,980 and 24,060 in today’s session,” said VLA Ambala, Co-Founder of Stock Market Today. Dr. Praveen Dwarakanath, Vice President of Hedged.in noted ...

Bank stocks HDFC Bank and State Bank of India contributed most to the Sensex fall. NTPC, Tata Motors and Bajaj Finance also contributed to the decline.

At the opening bell, the BSE Sensex was down 167 points, or 0.21 per cent, at 78,507.87, while the Nifty 50 was at 23,820, down 62 points, or 0.26 per cent. Among the 30 constituent stocks in the BSE Sensex,

The Nifty 50 continued its downward trend for the fourth consecutive trading session, closing 1.15% lower at 23,863 points. Similarly, the Sensex ended the day in the red, shedding 1.01% to finish at 78,

The slide marks the fifth consecutive losing session for both indices, driven by the latest inflation report that showed prices climbing to a 14-month high of 6.21 percent, breaching the Reserve Bank of India's upper tolerance limit.