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Indian stock market index
The NIFTY 50 is an Indian stock market index that represents the float-weighted average of 50 of the largest Indian companies listed on the National Stock Exchange (NSE). Nifty 50 is owned and managed by NSE Indices, which is a wholly owned subsidiary of the NSE. The Nifty 50 index was launched on 22 April 1996 with a base date of 3 November 1995 and with 1,000 as its base value.
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BSE Sensex and Nifty50, the Indian equity benchmarks, crashed in trade on Thursday, with both indices down over 1%. Investors reacted to the RBI’s policy tightening and repo rate hike, continued FII selling and other negative factors.
New Delhi, 09 October (H.S.): India’s foreign exchange reserves declined for the fourth consecutive week, falling by $12.95 billion to $734.61 billion in the week ended October 2, according to data released by the Reserve Bank of India (RBI). The c
Mumbai: Indian equities slumped for a second straight session on Thursday, with the Sensex losing 1,045 points and the Nifty closing at a 21-month low as surgin