• About us
  • Contact us
  • Our team
  • Terms of Service
Saturday, August 9, 2025
Kashmir Images - Latest News Update
Epaper
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER
No Result
View All Result
Kashmir Images - Latest News Update
No Result
View All Result
Home BUSINESS

Equity investors’ wealth decline by Rs 5 lakh cr as markets fall in volatile trade

Press Trust of india by Press Trust of india
May 8, 2025
in BUSINESS
A A
0
FacebookTwitterWhatsapp

New Delhi:  Investors’ wealth declined by Rs 5 lakh crore on Thursday as markets fell in a volatile session amid escalating tensions between India and Pakistan.

The 30-share BSE Sensex dropped by 411.97 points or 0.51 per cent to settle at 80,334.81 as the benchmark index lost momentum in the afternoon session despite a firm beginning. The benchmark tanked 759.17 points or 0.94 per cent to hit a low of 79,987.61 in the pre-close trade.

Related posts

India loves celebrating and recognising its diversity: Finance Minister Sitharaman

Sitharaman withdraws Income Tax Bill in Lok Sabha; new Bill to be introduced on Aug 11

August 8, 2025

Gold climbs Rs 800 to scale new record of Rs 1,03,420/10 g

August 8, 2025

The market capitalisation of BSE-listed firms eroded by Rs 5,00,037.74 crore to Rs 4,18,50,596.04 crore (USD 4.93 trillion).

India on Thursday said it foiled Pakistan military’s attempts to attack 15 places in northern and western India using missiles and drones, and destroyed a Pakistani air defence system in Lahore as tensions between the two sides mounted amid fears of a wider conflict.

The defence ministry said the Pakistani military attempted last night to target Awantipura, Srinagar, Jammu, Pathankot, Amritsar, Kapurthala, Jalandhar, Ludhiana, Adampur, Bhatinda, Chandigarh, Nal, Phalodi, Uttarlai, and Bhuj.

These attempts were neutralised by the Integrated Counter Unmanned Aircraft System (Grid and Air Defence systems), it said.

The Pakistani attempt came after Indian armed forces early Wednesday carried out missile strikes on nine terror targets in Pakistan-occupied Kashmir (PoK) and Pakistan under ‘Operation Sindoor’.

“Benchmark indices closed sharply lower on Thursday amid escalating tensions with the neighbouring country. Market traded in a narrow range till noon, before plunging lower on reports of further escalation in the tensions,” Satish Chandra Aluri, Analyst, Lemonn Markets Desk, said.

From the Sensex firms, Eternal, Mahindra & Mahindra, Maruti, Bajaj Finance, Tata Steel, Asian Paints, Bharti Airtel, Bajaj Finserv, Power Grid and State Bank of India were among the laggards.

HCL Technologies, Kotak Mahindra Bank, Axis Bank, Titan, Tata Motors, Infosys and Tata Consultancy Services were the gainers.

“The Indian equity market experienced profit-booking by the end of the trading day due to escalating tensions between India and Pakistan, marked by increased cross-border exchanges. The FOMC policy meeting provided little reassurance, as the FED expressed concerns that aggressive US tariffs could fuel inflation and raise unemployment,” Vinod Nair, Head of Research, Geojit Investments Limited, said.

Historically, the domestic volatility is expected to neutralise as cross border issue de-escalates, he added.

The BSE midcap gauge dropped 1.90 per cent and smallcap index declined 1.05 per cent.

“Indian equities ended lower on Thursday, with the Nifty declining nearly 0.6 per cent to close at 24,274 amid a volatile session triggered by rising tensions between India and Pakistan,” Siddhartha Khemka, Head – Research, Wealth Management, Motilal Oswal Financial Services Ltd, said.

Among sectoral indices, realty tanked 2.60 per cent, oil & gas (1.98 per cent), auto (1.92 per cent), power (1.86 per cent), utilities (1.85 per cent), commodities (1.67 per cent), consumer discretionary (1.58 per cent) and services (1.57 per cent).

IT and BSE Focused IT were the only gainers.

As many as 2,548 stocks declined while 1,349 advanced and 135 remained unchanged on the BSE.

 

 

Previous Post

PM holds meeting with secretaries; stresses on alertness, operational preparedness

Next Post

Govt sets foodgrains production target for 2025-26 crop year at 354.64 million tn

Press Trust of india

Press Trust of india

Next Post

Govt sets foodgrains production target for 2025-26 crop year at 354.64 million tn

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ePaper

  • About us
  • Contact us
  • Our team
  • Terms of Service
E-Mailus: kashmirimages123@gmail.com

© 2024 Kashmir Images - Designed by GITS.

No Result
View All Result
  • TOP NEWS
  • CITY & TOWNS
  • LOCAL
  • BUSINESS
  • NATION
  • WORLD
  • SPORTS
  • OPINION
    • EDITORIAL
    • ON HERITAGE
    • CREATIVE BEATS
    • INTERALIA
    • WIDE ANGLE
    • OTHER VIEW
    • ART SPACE
  • Photo Gallery
  • CARTOON
  • EPAPER

© 2024 Kashmir Images - Designed by GITS.