Mumbai, April 27 (IANS) Indian equity benchmarks closed near the day’s high on improved investor sentiment after India-New Zealand FTA finalised in the national capital.The agreement which sealed in the presence of Commerce Minister Piyush Goyal and his New Zealand counterpart Todd McClay removes tariffs on 100 per cent of India’s exports to New Zealand, and either sharply reduces or removes tariffs on 95 per cent of the country’s imports from New Zealand.At the closing bell, the Nifty end…
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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, March 2 (IANS) Indian stock markets closed sharply lower on Monday as rising tensions between the US and Iran dampened investor sentiment and triggered selling across sectors.The benchmark Nifty fell 1.24 per cent, or 312.95 points, to settle at 24,865.70. The Sensex dropped 1.29 per cent, or 1,048.34 points, to close at 80,238.85, marking its lowest level since September 2025.Although the indices recovered some losses from the day’s lows, they remained firmly in the red by the end of …
New Delhi, March 1 (IANS) Brent crude could climb above $90 per barrel with Strait of Hormuz disruption or exceed $100 per barrel in a broader regional conflict, a report said on Sunday.The report from JM Financial Institutional Securities said the crude has already climbed to about $72.8 per barrel and limited retaliation could add $5–10 per barrel, while direct damage to Iranian oil infrastructure could add $10–12 per barrel.Every $1 rise in crude increases India’s annual import bill by …
Mumbai, Feb 26 (IANS) The Indian stock market ended a volatile trading session on a mixed note on Thursday, with healthcare and PSU bank stocks leading the gains while media and FMCG shares lagged behind.The benchmark Nifty closed marginally higher by 0.06 per cent, or 14.05 points, at 25,496.55. In contrast, the Sensex slipped 27.46 points, or 0.03 per cent, to settle at 82,248.61.Commenting on Nifty technical outlook, experts said that a decisive close above 25,700 accompanied by strong volume…
Mumbai, Feb 19 (IANS) Indian benchmark indices witnessed heavy selling pressure on Thursday, recording their sharpest decline in more than two weeks as rising geopolitical tensions and higher crude oil prices hurt investor sentiment.The Sensex closed at 82,498.14, down 1,236.11 points or 1.48 per cent. The Nifty settled at 25,454.35, falling 365 points or 1.41 per cent. The benchmarks posted their worst single-day fall since February 1 this year.Technically, price action slipped below the short-…
Mumbai, Feb 17 (IANS) Indian benchmark indices ended higher for the second consecutive session on Tuesday, supported by gains in public sector banks and information technology (IT) stocks, even as global cues remained largely muted.The 30-share Sensex closed at 83,450.96, rising 173.81 points or 0.21 per cent. The broader Nifty settled at 25,725.40, up 42.65 points or 0.17 per cent.Expert said that the recovery lifted the index above 25,700; however, upside momentum repeatedly encountered supply…
Mumbai, Jan 29 (IANS) Indian equity markets ended higher for the third straight session on Thursday, overcoming early volatility as investor sentiment improved after the release of the annual Economic Survey. The survey’s positive outlook on economic growth and fiscal discipline helped markets recover from a cautious start and close in the green.The Economic Survey projected India’s GDP growth to be in the range of 6.8 to 7.2 per cent in the 2026–27 financial year.It also said the country …
Mumbai, Jan 22 (IANS) Indian stock markets ended higher on Thursday, snapping a three-day losing streak, as positive global cues and easing geopolitical tensions boosted investor confidence.Market sentiment improved after US President Donald Trump said he would not impose tariffs on European Union nations on February 1.He mentioned that a ‘framework for a future deal’ had been reached with NATO on Greenland.His remarks about a ‘great’ trade deal between the US and India further encourage…
Mumbai, Jan 21 (IANS) Indian equity benchmark indices ended lower on Wednesday for the third straight session, weighed down by rising geopolitical tensions that kept investors cautious.The Sensex closed at 81,909.63, slipping 270.84 points or 0.33 per cent. Meanwhile, the Nifty settled at 25,157.5, down 75 points or 0.3 per cent.“A sustained break below 25,130 could reopen downside toward 24,920–24,900,” a market expert said.“At this stage, price action reflects consolidation after exhau…