Mumbai, July 22 (IANS) The Indian equity markets posted notable losses early on Wednesday, weighed down by the US-Iran conflict and rising Brent crude prices.Sensex lost 371 points, or 0.48 per cent, to reach 77,097 in morning trade while Nifty shed 106 points, or 0.44 per cent, to reach 24,081.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 lost 0.16 per cent, and the Nifty Smallcap 100 dipped 0.33 per cent.Sectoral indices on NSE traded mostly in re…
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Mumbai, July 17 (IANS) Domestic equity markets traded higher in the morning session on Friday, with benchmark indices gaining around half a per cent each despite weak global cues, led by buying in IT and auto stocks.In early trade, Sensex climbed 363 points or 0.47 per cent to 77,550, while Nifty advanced 100 points or 0.43 per cent to 24,176.Sectorally, IT stocks led the gains, with the Nifty IT index surging nearly 2 per cent, followed by Nifty Auto, which rose 0.83 per cent, and Nifty Private…
Mumbai, July 9 (IANS) Indian equity benchmarks advanced in early trade on Thursday despite renewed geopolitical tensions and a rebound in crude oil prices to the $80-a-barrel mark.Sensex surged as much as 0.32 per cent or about 250 points to hit an intraday high of 76,752 in morning trade, while Nifty climbed 0.20 per cent or 46.90 points to 23,928.95.Sectorally, Nifty Consumer Durables led the gains, rising 1.39 per cent, followed by Nifty Mid-Small Financial Services (0.95 per cent), Nifty Cem…
New Delhi, June 10 (IANS) Global crude oil prices traded higher on Wednesday, increasing by up to 1 per cent after the United States launched strikes against Iranian military targets near the Strait of Hormuz, raising concerns over potential disruptions to energy supplies from the strategically important region.International benchmark Brent crude was up about 1 per cent at $93.26 per barrel. Similarly, US West Texas Intermediate (WTI) crude gained 0.97 per cent to trade around $90 per barrel.The…
Mumbai, June 9 (IANS) Indian equities traded higher on Tuesday in the morning trade, supported by improving sentiment after signs of a pause in hostilities between Iran and Israel.Sensex rose as much as 0.7 per cent or over 500 points to hit an intraday high of 74,035.41 in early trade, while Nifty gained 0.6 per cent or more than 100 points to touch 23,259.45.On the sectoral front, Nifty MidSmall Financial Services emerged as the top gainer, rising over 1 per cent, followed by Nifty Realty, whi…
New Delhi, May 18 (IANS) Bitcoin slid to its weakest level in May on Monday over escalating macroeconomic concerns tied to the US‑Iran conflict, causing overall crypto market weakness.The world’s largest cryptocurrency dropped to $76,711 before it recovered some losses to trade at $76,985.11 as of 2.25 pm. Major digital assets such as Ether and Solana also traded lower.Nearly $500 million of long positions were liquidated within about 15 minutes during early Asian trading hours, according to…
Mumbai, May 5 (IANS) Domestic equity markets on Tuesday traded sharply lower in the morning trade amid fresh jitters over escalating geopolitical tensions between the US and Iran.Sensex was trading at 76,745, down 0.67 per cent or 524 points in early trade, while Nifty slipped to 23,949, declining 0.7 per cent or 170 points.Sector-wise, selling pressure was driven by auto, financials, banking, consumer durables, and metal stocks. Nifty Auto, Nifty Private Bank, Nifty PSU Bank, Nifty Consumer Dur…
Mumbai, April 23 (IANS) The Indian equity markets posted sharp losses early on Thursday tracking cautious global cues and sustained foreign institutional selling, after the recent rally.As of 9.25 am, Sensex lost 671 points, or 0.85 per cent, to reach 77,845 and Nifty dipped 179 points, or 0.74 per cent, to reach 24,198.Main broad-cap indices showed divergence with the benchmark indices, as the Nifty Midcap 100 dipped 0.34 per cent, and the Nifty Smallcap 100 lost 0.16 per cent.All sectoral indi…
Mumbai, April 20 (IANS) Domestic equity benchmarks traded in negative territory early on Monday over fresh US-Iran conflict in the Strait of Hormuz, despite positive cues from global markets and positive earnings from banking firms.Sensex traded at 78,261, down 0.29 per cent or 232 points in early trade, while Nifty declined as much as 0.46 per cent, or over 100 points, to 24,241 amid selling pressure in realty, metal, and energy stocks.Hindalco Industries, TMPV, Eternal, HDFC Life, HDFC Bank, B…
Mumbai, April 17 (IANS) International crude oil benchmarks declined about 2 per cent on Friday on hopes of an end to the West Asia conflict that began on February 28.Brent crude futures traded at $97.99 per barrel, hitting an intra-day low in early trade and declining over 1 per cent.At the same time, US West Texas Intermediate (WTI) crude fell nearly 2 per cent to an intra-day low of $92.91.However, in the previous session, the global benchmark settled around 5 per cent higher at $99.39. Simila…