December 18, 2025 03:32 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Indian Visa Application Centre in Dhaka shuts down early amid rising security concerns | Market update: Sensex tumbles 120 points, Nifty below 25,850 at closing bell | ‘Won’t apologise’: Prithviraj Chavan stands firm on controversial Operation Sindoor remark despite backlash | India summons Bangladesh High Commissioner after provocative 'seven sisters' remark | Amazon eyes $10 billion investment in OpenAI — a gamechanger for AI industry! | Goa nightclub fire horror: Luthra brothers brought back to India from Thailand, arrested | Messi chaos costs minister his job: Aroop Biswas resigns after Salt Lake Stadium fiasco | Bengal SIR draft list out: Around 58 lakh voters’ names dropped | Relief for Sonia, Rahul Gandhi as Delhi court refuses to act on ED chargesheet in National Herald case | Centre moves to replace MGNREGA with 'G Ram G', sets stage for winter session showdown

Indian stock markets slide on global concerns

| | Jan 07, 2016, at 10:30 pm
#global concerns # Indian stock markets # Stock Markets
Mumbai, Jan 7 (IBNS) Sharing the fear gripping the Asian markets, India’s stock market too closed on a sour note on Thursday with the BSE Sensex and the NSE Nifty dipping for the fourth consecutive day and notching up their four-month low largely due to upheavals in the Chinese market.
The BSE Sensex fell 554.50 points to 24,851.83. NSE Nifty fell 172.70 to 7,568.30.
 
Earlier on Thursday, the Indian market opened on a gloomy note following a weak yuan, the China market crash and weak global sentiments. 
 
The China stock market had closed within half an hour of opening when shares fell by more than seven per cent. The circuit breaker tripped for the second time during the week.
 
Indian metal stocks faced strong selling pressure on the fear that a depreciating yuan will make imports cheaper.
 
Some of the leading BSE Sensex stocks that declined on Thursday were BHEL, Tata Steel, Tata Motors, Axis Bank and ONGC. 
 
Bharti Airtel, from the NSE Nifty basket, was a gainer.
 
About 690 shares advanced, 2,188 shares declined, and 94 shares were unchanged, according to moneycontrol.com.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Nirmala Sitharaman presents Budget 2025
Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am
In Images: Glimpses from Bengali film Fatafati's premiere
In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm