Mumbai, Jan 17 (IANS) The Indian equity benchmarks closed this week almost unchanged amid optimism towards Q3 earnings and renewed India-US trade discussions, even as caution persisted due to increasing geopolitical tensions.Profit-booking in pharma, consumer durables, and autos weighed on indices during the week, while PSU banks and metals outperformed.Nifty added 0.04 per cent during the week and 0.11 per cent on the last trading day, to touch 25,694. At close, the Sensex was up 187 points or …
Latest Bank Nifty News & Updates
Mumbai, Jan 10 (IANS) The Indian equity benchmarks closed this week down around 2.5 per cent, continuing decline through five sessions amid persistent uncertainty over the US-India tariff talks and escalating geopolitical tensions.Profit-booking in autos, metals, and oil and gas weighed on indices during the week, while selective buying in consumer durables, on hopes of a demand revival, offered brief respite.Nifty dipped 2.45 per cent this week and 0.75 per cent on the last trading day to end a…
New Delhi, Jan 5 (IANS) Indian banks are likely to report broadly stable net interest margins in the third quarter of FY26, while overall profitability is expected to improve year‑on‑year, a report said on Monday.The report from Systematix Institutional Equities said that profitability will improve due to sustained sequential advances growth, higher fee income and lower credit costs.The brokerage forecasted growth momentum in advances to sustain, arising from lower interest rates, benefits d…
Mumbai, Jan 5 (IANS) The Indian benchmark indices traded flat with a mild negative bias on Monday over losses in IT stocks and the latest US-Venezuela tensions.Even as Indian companies showed signs of improving quarterly earnings, optimism was blunted by caution over the implications of US military action in Venezuela.As of 9.30 am, Sensex eased 62 points, or 0.07 per cent to 85,699 and Nifty gained 9 points, or 0.03 per cent to 26,319.Main broad-cap indices performed almost in line with benchma…
Mumbai, Jan 4 (IANS) The combined market capitalisation of seven of the top-10 most-valued companies rose by Rs 1.23 lakh crore last week, tracking a positive trend in the equity markets as benchmark indices posted healthy gains.The upbeat sentiment helped the Sensex climb 720.56 points, or 0.84 per cent, during the week — reflecting broad-based buying interest across sectors.Among the top-10 most valuable companies, shares of HDFC Bank, Bharti Airtel, ICICI Bank, State Bank of India, Larsen &a…
Mumbai, Jan 3 (IANS) The Indian equity benchmarks closed on a strong note this week, touching fresh all-time highs amid strong performance in the banking and auto sectors.Nifty surged 1.05 per cent during the week and 0.70 per cent on the last trading day to 26,328. At close, Sensex was up 760 points or 0.67 per cent at 85,762. It surged 0.89 per cent during the week.Bank Nifty also continued its outperformance and scaled fresh record highs above the 60,200 mark.The Indian equities traded in a c…
New Delhi, Jan 2 (IANS) The Indian equity markets touched record highs on Friday, led by strong buying in the metal, FMCG and auto stocks.At the close of trade, the Sensex gained 573 points, or 0.67 per cent, to settle at 85,762. The Nifty, meanwhile, advanced by 182 points, or 0.70 per cent, to close at 26,328.Nifty hit a record high at 26,330 earlier in the day. Its previous high was 26,325. Bank Nifty also surged to a fresh all-time high of 60,152.35, driven by continued strength in the banki…