Latest news with #ETMARKETWATCH
Economic Times
19-05-2025
- Business
- Economic Times
ET Market Watch: Sensex falls over 270 pts, Nifty below 25,000; FMCG stocks trade lower
Transcript Hello and welcome to a brand-new episode of ET MARKET WATCH - your daily podcast for daily market updates. I am Neha Vashishth Mahajan, let's hear the top highlights of the day. Markets took a breather on Monday as benchmark indices ended in the red following Moody's downgrade of the U.S. government's credit rating — a move that triggered global caution. The Sensex slipped 271 points to close at 82,059, while the Nifty lost 74 points, ending below the key 25,000 mark at 24,945. The big drag? IT stocks, with heavyweights like Infosys, TCS, HCL Tech, and Tech Mahindra falling up to 3%. These companies earn a large chunk from the U.S., so any hit to U.S. creditworthiness spooks investors. Defence stocks also saw profit booking after last week's sharp rally — HAL, Cochin Shipyard, and Mazagon Dock dropped up to 4%. On the bright side, mid and small caps outperformed — Nifty Smallcap 100 rose 0.5%, Midcap 100 gained 0.1% — marking six straight sessions of gains. Among individual movers: Vodafone Idea plunged 8.7% after challenging the govt over $5 billion in dues. Divi's Labs jumped 4.8% on better-than-expected Q4 profits. Experts say this is a healthy pause, with banking likely to lead the next leg of the rally. Technicals suggest Nifty needs to hold above 25,000 to reclaim momentum. Global cues stayed weak — Asian markets dipped, U.S. futures slipped, and Treasury yields rose. Rupee closed at 85.40 vs the dollar, Oil eased, and Gold rebounded after last week's fall.
Time of India
19-05-2025
- Business
- Time of India
ET Market Watch: Sensex falls over 270 pts, Nifty below 25,000; FMCG stocks trade lower
Transcript Hello and welcome to a brand-new episode of ET MARKET WATCH - your daily podcast for daily market updates. I am Neha Vashishth Mahajan, let's hear the top highlights of the day. Markets took a breather on Monday as benchmark indices ended in the red following Moody's downgrade of the U.S. government's credit rating — a move that triggered global caution. The Sensex slipped 271 points to close at 82,059, while the Nifty lost 74 points, ending below the key 25,000 mark at 24,945. The big drag? IT stocks, with heavyweights like Infosys, TCS, HCL Tech, and Tech Mahindra falling up to 3%. These companies earn a large chunk from the U.S., so any hit to U.S. creditworthiness spooks investors. Defence stocks also saw profit booking after last week's sharp rally — HAL, Cochin Shipyard, and Mazagon Dock dropped up to 4%. On the bright side, mid and small caps outperformed — Nifty Smallcap 100 rose 0.5%, Midcap 100 gained 0.1% — marking six straight sessions of gains. Among individual movers: Vodafone Idea plunged 8.7% after challenging the govt over $5 billion in dues. Divi's Labs jumped 4.8% on better-than-expected Q4 profits. Experts say this is a healthy pause, with banking likely to lead the next leg of the rally. Technicals suggest Nifty needs to hold above 25,000 to reclaim momentum. Global cues stayed weak — Asian markets dipped, U.S. futures slipped, and Treasury yields rose. Rupee closed at 85.40 vs the dollar, Oil eased, and Gold rebounded after last week's fall.
Economic Times
13-05-2025
- Business
- Economic Times
ET Market Watch: D-Street reverse gains
Transcript Hello and welcome to a brand-new episode of ET MARKET WATCH - your daily podcast for daily market updates. I am Neha Vashishth Mahajan. Let's hear the top highlights of the day. Sensex tanked 1,281 pts and closed at 81,148 while the Nifty was down 346 pts and ended at 24,578. Rs 1.3 lakh crore in market cap wiped out. What went wrong? Why did the market crash today? Top 5 factors: 1. Profit Booking After Monday's Rally Markets soared nearly 4% on ceasefire news — but no strong FII/DII support. Tuesday was classic profit-taking, especially in heavyweights. 2. Crude Oil Spikes Brent jumped to $64+, raising concerns over fuel inflation and margins. 3. US Treasury Yields Rise 10-year yield hit 4.45%. Higher yields = global funds may shift from India to US bonds. 4. US-China Trade Easing Good for global trade, but weakens India's 'China+1' narrative. 5. Big Boys Drag the Index HDFC Bank, Infosys, ICICI, TCS — all major stocks booked losses. It's going to be a volatile week ahead with US & India inflation data on the radar!
Time of India
13-05-2025
- Business
- Time of India
ET Market Watch: D-Street reverse gains
Transcript Hello and welcome to a brand-new episode of ET MARKET WATCH - your daily podcast for daily market updates. I am Neha Vashishth Mahajan. Let's hear the top highlights of the day. Sensex tanked 1,281 pts and closed at 81,148 while the Nifty was down 346 pts and ended at 24,578. Rs 1.3 lakh crore in market cap wiped out. What went wrong? Why did the market crash today? Top 5 factors: 1. Profit Booking After Monday's Rally Markets soared nearly 4% on ceasefire news — but no strong FII/DII support. Tuesday was classic profit-taking, especially in heavyweights. 2. Crude Oil Spikes Brent jumped to $64+, raising concerns over fuel inflation and margins. 3. US Treasury Yields Rise 10-year yield hit 4.45%. Higher yields = global funds may shift from India to US bonds. 4. US-China Trade Easing Good for global trade, but weakens India's 'China+1' narrative. 5. Big Boys Drag the Index HDFC Bank, Infosys, ICICI, TCS — all major stocks booked losses. It's going to be a volatile week ahead with US & India inflation data on the radar!
