Sunday, June 1, 2025
  • Login
  • Register
STOCKS-PROFILE
  • Blog
  • Market
  • Web Stories
  • Finance
  • Investing
  • IPO
  • World
  • Technology
  • Politics
  • Sports
  • Crypto
  • Insurance
No Result
View All Result
STOCKS-PROFILE
  • Blog
  • Market
  • Web Stories
  • Finance
  • Investing
  • IPO
  • World
  • Technology
  • Politics
  • Sports
  • Crypto
  • Insurance
No Result
View All Result
STOCKS-PROFILE
No Result
View All Result
Home Blog

Understanding the Stock Market Volatility: Sensex Drops 610 Points, Nifty Hovers Near 19,550

by ARVIND KUMAR MISHRA
2 March 2024
in Blog, Market
1
Stock Market Volatility

Stock Market Volatility

200
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter

Each trading day provides a different mix of possibilities and problems in the world of finance. The Indian stock market was typical on September 28. Benchmark indexes saw a precipitous collapse, giving investors and traders a roller-coaster trip. We will examine the specifics of the market’s performance, the variables that affected it, and what the future may hold in this piece.

You might also like

Market Crash Today: Sensex Plummets Over 1,200 Points,  Nifty breaches 200 DEMA as Banking and Metal Stocks Tumble

MobiKwik Shares Surge 88% on Debut: A Detailed Analysis of the IPO Success and What It Means for Investors

DLF Q2 FY25 Results: A Comprehensive Analysis of India’s Leading Realty Giant

The Opening Bell of Stock market 

The day started on a relatively positive note, with the market showing minor gains. However, this early optimism was short-lived as volatility crept in swiftly. One of the primary reasons for this volatility was the expiry of the September F&O (Futures and Options) series. Investors, both retail and institutional, were cautious, leading to sharp selling pressure.

stock market
stock market

Nifty’s Nosedive

The Nifty, a prominent index representing the National Stock Exchange of India, briefly slipped below the critical level of 19,500. This sudden drop sent shockwaves throughout the market. All sectors, from information technology to banking (both public and private), metals, pharmaceuticals, FMCG (Fast Moving Consumer Goods), automobiles, energy, and infrastructure, experienced losses ranging from 1% to 2%. The selloff was even more pronounced in the broader market.

Closing Figures of Stock Market

By the closing bell , the Sensex, the benchmark index for the Stock Market at BSE, had plummeted by 610.37 points, a decline of 0.92%, closing at 65,508.32. The Nifty, on the other hand, concluded the day down by 193.00 points, a drop of 0.98%, finishing at 19,523.50. The market’s breadth favored declines, with 2,007 stocks in the red, 1,524 in the green, and 136 remaining unchanged.

Cummins India’s Struggles

One notable event of the day was Cummins India’s stock taking a hit of nearly 3%. This drop followed a ‘sell’ rating given by UBS Securities, a prominent brokerage firm. UBS cited a downside potential for the stock at its current price levels and set a target price at Rs 1,350 per share. The brokerage also expressed caution regarding the company’s export performance, suggesting an increasing risk of downgrades over the coming quarters.

Key Factors Behind the Market Turmoil

Several key factors contributed to the sharp decline in the Indian equity market on September 28th. Crude oil prices, which had surged to their highest level in a year, raised concerns about inflation and squeezed operational margins. This rise in oil prices was compounded by NSE index reshuffling coinciding with F&O expiry and weak global cues.

Stock Market Volatility
Stock Market Volatility

The Role of Foreign Institutional Investors (FIIs)

A significant contributor to the market’s downward trend was the selling pressure exerted by foreign institutional investors (FIIs). FIIs play a pivotal role in shaping market sentiment, and their actions were closely monitored on this fateful day. The combination of higher interest rates and US bond yields influenced FIIs to maintain a selling stance, further intensifying the market’s woes.

Looking Ahead

As the market continues to grapple with uncertainty, there are critical events on the horizon that will influence its trajectory. The US GDP data and the Federal Reserve chief’s speech are among the global factors that market participants will watch closely. Additionally, the persistence of crude oil prices above $90 USD per barrel remains a looming threat to both inflation and operational profitability.

stock market
stock market

In conclusion, September 28th was a challenging day for the Indian stock market. The Sensex and Nifty faced a significant setback, primarily driven by a combination of global and domestic factors. While market participants remain cautious, it’s essential to remember that the world of finance is dynamic, and opportunities can emerge even in the face of adversity. As we navigate these uncertain waters, staying informed and adapting to changing market dynamics will be key to success in the world of investing and trading.

Tags: Market StoriesNiftySENSEXstock market
Share80Tweet50

Recommended For You

Market Crash Today: Sensex Plummets Over 1,200 Points,  Nifty breaches 200 DEMA as Banking and Metal Stocks Tumble

by ARVIND KUMAR MISHRA
7 January 2025
0
Market Crash: Sensex Plummets Over 1,200 Points, Nifty breaches 200 DEMA as Banking and Metal Stocks Tumble

Market Crash Today: The Indian stock market had a significant decline, with the Nifty dropping below 23,600 and the Sensex dropping more than 1,400 points. The market's dip...

Read more

MobiKwik Shares Surge 88% on Debut: A Detailed Analysis of the IPO Success and What It Means for Investors

by ARVIND KUMAR MISHRA
18 December 2024
0
MobiKwik Shares Surge 88% on Debut: A Detailed Analysis of the IPO Success and What It Means for Investors

Shares of MobiKwik soared 88% on their debut day to give the company a market valuation of nearly Rs 40 billion. The successful $67 million IPO, oversubscribed by...

Read more

DLF Q2 FY25 Results: A Comprehensive Analysis of India’s Leading Realty Giant

by ARVIND KUMAR MISHRA
25 October 2024
0
DLF Q2 FY25 Results: A Comprehensive Analysis of India's Leading Realty Giant

DLF Q2 FY25 results: In the second quarter of fiscal year 2025, India’s largest property development company, DLF Ltd has registered a robust performance with a consolidated net...

Read more

Monday Market Movers: Q2 Results and Corporate Developments to Watch on October 7

by ARVIND KUMAR MISHRA
6 October 2024
0
Monday Market Movers: Q2 Results and Corporate Developments to Watch on October 7

Q2 Results Day: There might be considerable movement in the stock market as a number of companies will be announcing their quarterly earnings, important corporate news, and announcements...

Read more

Stock Market Live Updates: 7 Key Highlights and Analysis of the market today

by ARVIND KUMAR MISHRA
23 September 2024
1
Stock Market Live Updates: 7 Key Highlights and Analysis of the market today

Stock Market Live Updates: The opening of Indian stock markets on Monday witnessed a positive turn with the factors such as strong global cues and resurgence of investor...

Read more

Related News

DAM Capitals IPO: A New Era for Boutique Investment Banking in India

DAM Capitals IPO: A New Era for Boutique Investment Banking in India

22 August 2024
ANALYSING BIRLASOFT SHARE PRICE: IS IT TIME TO INVEST?

ANALYSING BIRLASOFT SHARE PRICE: IS IT TIME TO INVEST?

2 March 2024
Ola Electric Share Price Target: 2024, 2025, 2030, 2035, 2040, 2045, 2050 Forecast, Analysis, and Investment Guide

Ola Electric Share Price Target: 2024, 2025, 2030, 2035, 2040, 2045, 2050 Forecast, Analysis, and Investment Guide

2 September 2024

Browse by Category

  • Blog
  • Crypto
  • Finance
  • Health
  • Investing
  • IPO
  • Market
  • Politics
  • Sports
  • Sports
  • Technology
  • World

Welcome to Stock-Profile, your trusted source for financial news. We are committed to delivering timely, accurate, and insightful updates on stocks, investments, and market trends. Our dedicated team of experts is passionate about providing you with the knowledge you need to navigate the ever-changing landscape of finance. Whether you’re a seasoned investor or just getting started, Stock Profile is here to empower you with information that drives confident financial decisions.

stocks-profile

CATEGORIES

  • Blog
  • Crypto
  • Finance
  • Health
  • Investing
  • IPO
  • Market
  • Politics
  • Sports
  • Sports
  • Technology
  • World

Disclaimer

Only educational and informational purposes are served by the information on Stock-Profile. No financial advice or recommendation to purchase, sell, or hold any securities is intended by our content.No assurance is given or implied as to the correctness of the information, despite the fact that it was gathered from sources we consider to be trustworthy.Before making any decisions, customers are advised to complete their research and consult with financial advisors, because stock market investments have inherent risks. Content and information on Stock-Profile are subject to change without prior notice.

  • About Us -Stocks Profile
  • Cookies Policy
  • Disclaimer
  • Home
  • IPO
  • Privacy Policy
  • Terms and Conditions

© 2023-2024 |Managed by, STOCKS-PROFILE.

  • Blog
  • Market
  • Web Stories
  • Finance
  • Investing
  • IPO
  • World
  • Technology
  • Politics
  • Sports
  • Crypto
  • Insurance
No Result
View All Result

© 2023-2024 |Managed by, STOCKS-PROFILE.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.