The International Data Corporation (IDC) on Monday said the wearable device market shrank for the second straight quarter as Indians bought fewer smartwatches, earphones and other gadgets.
At close, the Sensex was down 820.97 points or 1.03% at 78,675.18, and the Nifty was down 257.80 points or 1.07% at 23,883.50.
At close, the Sensex was up 9.83 points or 0.01 per cent at 79,496.15, and the Nifty was down 6.90 points or 0.03 per cent at 24,141.30.
The market outlook for next week will be guided by key macroeconomic data and the last round of Q2 earnings.
Last week, nine of the top 10 most valued firms together lost a whopping Rs 2,09,952.26 crore from market valuation. Hindustan Unilever and Reliance Industries Limited took the biggest hit.
The country's leading carmaker Maruti Suzuki India Ltd on Thursday reported a 9.6 per cent decline in sales for July, at 137,463 units compared to the same month last year even as exports went up during the month.
The Securities and Exchange Board of India (SEBI) on Tuesday launched India's first website for passive funds at the National Stock Exchange (NSE), along with unveiling a comprehensive report on the Indian Capital Markets.
Reportedly, the properties ranging between ₹10 crore to ₹100+ crore are becoming increasingly popular among the affluent, reflecting a shift towards high-end living as a status symbol.
Coming as a positive signal for the rural two-wheeler (2W) market, a recent report said there has been a recovery in the two-wheeler segment in the first half (H1) of 2024.
The Indian equity market experienced one of the best weeks of 2024, with the Nifty and Sensex reaching all-time highs of 24,592.20 and 80,893.51, respectively, before closing at 24,502.15 and 80,519.34.
