Mumbai, July 25 (IANS) The Indian equity benchmarks posted strong weekly loss, over global inflation fears and higher crude prices.Nifty lost 2.33 per cent during the week and dipped 0.43 per cent on the last trading day to reach 23,767. At close, Sensex was down 331 points, or 0.43 per cent, at 76,059. It lost 2.68 per cent during the week.”Inflationary fears intensified as the escalation of the West Asia conflict and the blockade at the Red Sea helped crude to cross the $100 per barrel mark. M…
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Mumbai, July 11 (IANS) After rallying for four consecutive weeks, the Indian equity benchmarks posted mild weekly loss, as escalating tensions in West Asia sent crude prices higher.Nifty lost 0.26 per cent during the week and edged up 1.02 per cent on the last trading day to reach 24,206. At close, Sensex was up 827 points, or 1.08 per cent, at 77,569. It lost 0.25 per cent during the week.Indian equities experienced a volatile week, with early optimism giving way to a sharp bout of risk aversio…
Mumbai, June 27 (IANS) The Indian equity benchmarks posted a third consecutive week of gains, over sharp correction in crude oil prices to pre‑Iran war levels and improved traffic at the Strait of Hormuz.Nifty added 0.18 per cent during the week and edged up 0.14 per cent on the last trading day to reach 24,056. At close, Sensex was up 109 points or 0.14 per cent at 77,100. It added 0.39 per cent during the week.The domestic markets navigated a week of mixed signals with notable resilience, ev…
Mumbai, June 13 (IANS) The Indian equity benchmarks posted notable gains this week after two weeks of consecutive losses, over investor optimism about potential US-Iran peace agreement, and decline in Brent crude prices.Nifty added 1.10 per cent during the week and gained 1.99 per cent on the last trading day to reach 23,622. At close, Sensex was up 1,695 points or 2.30 percent at 75,527. It added 1.73 per cent during the week.The Indian equities showed structural resilience in a turbulent week,…
Mumbai, June 7 (IANS) Indian equity markets are expected to remain range-bound in the coming week, with experts pointing to a mixed technical setup for benchmark indices Sensex and Nifty, even as domestic policy support offers some cushion against weak global cues.According to market experts, the overall outlook for Nifty remains cautious, with momentum indicators showing weakening strength.“From a technical perspective, the RSI on the weekly timeframe is placed near 39.64, indicating weakenin…
Mumbai, June 6 (IANS) The Indian equity benchmarks posted notable losses during the week as domestic policy measures were mildly offset by persistent external uncertainties.Nifty lost 0.77 per cent during the week and dipped 0.21 per cent on the last trading day to reach 23,366. At close, Sensex was down 116 points, or 0.16 per cent, at 74,243. It declined 0.71 per cent during the week.Geopolitical tensions in West Asia and their influence on crude prices continued to weigh on investor sentiment…
Mumbai, May 30 (IANS) The Indian equity benchmarks posted notable losses during the week due to sustained FII selling and below-normal monsoon forecast, causing fears of food inflation.Nifty lost 0.72 per cent during the week and dipped 1.50 per cent on the last trading day to reach 23,547. At close, Sensex was down 1,092 points or 1.44 percent at 74,775. It declined 0.85 per cent during the week.Large caps remained under pressure even as the broader market demonstrated meaningful resilience as …
Mumbai, May 23 (IANS) Indian equity benchmarks posted notable gains during the week as sentiments improved over easing crude oil prices and reports of indirect US–Iran talks.Nifty gained 0.32 per cent during the week and added 0.27 per cent on the last trading day to reach 23,719. At close, Sensex was up 231 points or 0.31 per cent at 75,415. It advanced 0.24 per cent during the week.”Despite the rebound, investors largely remained cautious, with limited conviction at higher levels continuing …
Mumbai, May 9 (IANS) The Indian equity benchmarks posted notable gains during the week over easing crude prices, a firmer rupee and softer 10-year bond yields despite lingering geopolitical tensions.Nifty gained 0.76 per cent during the week and dipped 0.60 per cent on the last trading day to reach 24,180. At close, Sensex was down 516 points or 0.66 per cent at 77,328. It advanced 0.54 per cent during the week.”The improvement in macro conditions shifted sentiment from early-week caution to a m…
Mumbai, May 1 (IANS) The Indian equity benchmarks closed in the red this week, as persistent selling from the foreign institutional investors (FIIs) and higher crude prices weighed on market sentiment.Nifty lost 0.73 per cent during the week and dipped 0.74 per cent on the last trading day to reach 23,997. At close, the Sensex was down 582 points or 0.75 percent at 76,913. It dropped 0.97 per cent during the week.”Investor sentiment remained cautious as the double blockade in the Strait of Hormu…