Indian Stock Market Declines for Sixth Consecutive Week

Indian Stock Market Declines for Sixth Consecutive Week

Mumbai, April 3: The Indian stock market has closed in the red for the sixth consecutive week due to escalating geopolitical tensions in West Asia and significant fluctuations in currency values. In a shortened trading week, both major benchmarks ended lower. The BSE Sensex closed at 73,319.55 on Thursday, down by 263.67 points or 0.35% … Read more

IT Stocks Plunge Amid AI Concerns

IT Stocks Plunge Amid AI Concerns

Mumbai, March 17: On the second trading day of the week, a significant decline was observed in IT sector stocks as investors expressed growing concerns that generative artificial intelligence (AI) could disrupt traditional revenue models. Consequently, the IT sector emerged as the worst-performing sector in the domestic market. The Nifty IT index fell by 2.59%, … Read more