Mumbai, July 19 (IANS) Indian equity markets are expected to remain focused on key technical levels in the coming week, with analysts indicating that the Sensex could face immediate resistance in the 78,400–78,600 range, while the Nifty will need to decisively breach the 24,400–24,500 zone to extend its recent recovery.In the previous week, the Indian equity markets closed on a strong note, extending their recovery despite persistent geopolitical tensions, elevated crude oil prices and conti…
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Mumbai, June 28 (IANS) The Indian stock market ended the holiday-shortened week on a positive note, with benchmark indices extending gains for a third session out of four and the Nifty holding firmly above the key 24,000 mark. Analysts said the near-term technical outlook remains constructive, although fresh buying will be needed for the next leg of the rally.Market experts said that the Sensex continues to trade with a constructive bias after recovering from recent lows. “The 77,500-77,700 zone…
Mumbai, June 1 (IANS) National Securities Depository Limited (NSDL) on Monday announced the introduction of daily reporting of domestic institutional investor (DII) investment trends as part of efforts to strengthen transparency in India’s capital markets.The initiative has been launched under the guidance of the Securities and Exchange Board of India (SEBI) and in coordination with custodians and SEBI’s Department of Economic and Policy Analysis (DEPA).According to NSDL, the new reporting f…
Kabul, May 11 (IANS) At least four people were killed and 32 wounded in clashes across Badakhshan province in northeastern Afghanistan, local media reported on Monday. The clashes were reportedly a result of growing tensions among Taliban forces, local residents and armed opposition activity.“The clashes stemmed from separate disputes involving poppy cultivation, control of mining sites and what sources described as armed resistance against the Taliban,” Afghan media outlet Amu TV reported.T…
Mumbai, May 3 (IANS) India’s benchmark indices Nifty and Sensex are expected to remain range-bound in the near term, with a slight bullish undertone in Nifty but continued caution in the broader market, according to experts on Sunday.The Nifty began the week on a positive note with a modest gap-up and largely moved within a narrow range — reflecting a consolidation phase.Despite struggling for most of the week to hold above its short-term averages, the index eventually managed to close above …
New Delhi, April 24 (IANS) Global smartphone system-on-a-chip (SoC) shipments declined 8 per cent year-on-year in Q1 2026, a report showed on Friday.The ongoing memory crunch is impacting both smartphone OEMs and SoC vendors’ new product development while forcing them to optimise their product portfolios, said the report by Counterpoint Research.The premium segment has remained relatively resilient, with higher costs largely passed on to end consumers. Meanwhile, the entry-level OEMs are incre…
Mumbai, April 12 (IANS) After staging a sharp rebound following six straight weeks of decline, the Indian stock market is heading into the new week with cautious optimism. While hopes of easing geopolitical tensions and a stable domestic macroeconomic backdrop lifted investor sentiment, global cues, corporate earnings, and currency movements are expected to dictate the market’s direction in the coming days.In the previous week, both the Indian equity indices witnessed a strong recovery, with b…
Mumbai, April 11 (IANS) Indian equity benchmarks closed in green for the second consecutive week, amid huge short covering due to the US-Iran ceasefire.Nifty gained 5.89 per cent during the week and added 1.16 per cent on the last trading day to reach 24,050. At close, the Sensex was up 918 points or 1.20 percent at 77,550. It gained 5.77 per cent during the week.Both indices showed strengthening momentum and improved investor confidence.Bank Nifty overperformed the broader market, closing at 55…
New Delhi, April 10 (IANS) Gold and silver prices witnessed a decline of around 1 per cent on Friday on the Multi Commodity Exchange (MCX), as investors booked profits amid easing safe-haven demand.MCX gold declined 0.56 per cent to hit an intra-day low of Rs 1,52,561 per 10 grams, while silver futures (May 5) plummeted 0.7 per cent by logging an intraday low of Rs 2,42,067 per kg against the previous close.The yellow metal touched an intraday high of Rs 1,52,990, a decrease of 0.28 per cent or …
Washington, April 6 (IANS) President Donald Trump signalled potential large-scale strikes on Iranian infrastructure if Tehran does not comply with US demands, outlining a hardline stance in an interview with The Wall Street Journal.Trump warned that Iran could face widespread destruction of key assets, including power plants and bridges, if it fails to act within a set timeline.“If they don’t do something by Tuesday evening, they won’t have any power plants and they won’t have any bridge…