BEAMSTART Logo

Sensex sheds 1,021 pts on Friday, ends week with 700-pts cut: Here's why

Business Standard LogoBusiness Standard2 mo ago

Sensex sheds 1,021 pts on Friday, ends week with 700-pts cut: Here's why - Business Standard

Quick Summary:

The BSE Sensex closed 1,021 points lower at 58,099, settling 1.26 per cent, or 742 points, down for the week.

As per reports, as many as seven central banks increased rates on Thursday, which included those of Hong Kong, the UK and Norway.

Other global central banks also remain on a rate-hiking spree, as they swiftly raise interest rates.


More Pictures


or

Article Details

Author / Journalist: Harshita Singh

Category: EconomyFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23 @ 15:57:00 (2 months ago)

News Timezone: GMT +5:00

Ranking: #1175 (out of 2436 stories this day)

News Source URL: business-standard.com

Language: English

Article Length: 702 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 491174

View Article Analysis

About Business Standard

Business Standard Logo

Main Topics: EconomyFinance

Official Website: business-standard.com

Update Frequency: 150 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Sensex sheds 1,021 pts on Friday, ends week with 700-pts cut: Here's why" has 702 words across 35 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "Sensex sheds 1,021 pts on Friday, ends week with 700-pts cut: Here's why" was covered 2 months ago by Business Standard, a news publisher based in India.

How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly economy and finance news.

The outlet is headquartered in India and publishes an average of 150 news stories per day.

It's most recent story was published 5 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #491174
  • URL: https://beamstart.com/news/sensex-sheds-1021-pts-on-16639297888669

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.