Mumbai, April 9 (IANS) The Indian equity markets opened on a cautious note on Thursday after witnessing a sharp rally in the previous session. Benchmark indices declined amid investor concerns over escalating geopolitical tensions, as reports suggested that Israel had attacked Lebanon’s Hezbollah, raising fears of a possible disruption in the Strait of Hormuz.Sensex traded 560 points or 0.72 per cent lower at 77,003, hitting an intra-day low in early trade, while Nifty fell as much as 182 poin…
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Mumbai, April 8 (IANS) Dalal Street witnessed a major relief on Wednesday, with equity benchmarks opening sharply higher, jumping more than 3 per cent each after the announcement of a two-week ceasefire in the US-Israel-Iran conflict by both sides.Sensex climbed as much as 3.71 per cent or 2,775 points to 77,392, hitting an intra-day high in early trade. Similarly, Nifty traded at 23,938, up 3.52 per cent or 815 points, from the previous close amid buying in auto, realty, banking, IT, and metal …
Mumbai, April 2 (IANS) Indian stock markets opened sharply lower on Thursday, with key equity benchmarks declining more than 1 per cent amid fresh escalation in the West Asia conflict.Sensex opened at 72,262, down 872 points or 1.19 per cent, while the Nifty fell 1.31 per cent or around 300 points to open at 22,383.40. Both the indices fell further as trading progressed in early hours.All sectors opened in the red, with banking, realty, chemicals, auto, metal, and healthcare among the top losers…
New Delhi, March 29 (IANS) Amid the persistent foreign outflows, domestic institutional investors (DIIs) continue to provide strong support, emerging as net buyers to the tune of Rs 26,897 crore last week, effectively absorbing the selling pressure from FIIs.This continued domestic participation helped cushion the downside and provided stability near key support zones, said analysts.“Foreign institutional investors (FIIs) remained consistent net sellers throughout the week, with cumulative out…
Mumbai, March 28 (IANS) The Indian equity benchmarks closed lower for the fifth consecutive week, amid persistent geopolitical tensions, elevated crude oil prices and sustained foreign outflows.Nifty dipped 1.28 per cent during the week and declined 2.09 per cent on the last trading day to settle at 22,819. At close, Sensex was down 1,690 points or 2.25 per cent, at 73,583. It declined 1.27 per cent during the week.Both indices remained volatile and under pressure throughout the week, although t…
Mumbai, March 27 (IANS) Domestic equity benchmarks opened sharply lower on Friday, tracking weak global cues and elevated Brent crude prices amid fading hopes of a resolution to the Iran conflict.Nifty opened at 23,173.55, down 132.90 points or 0.57 per cent, while the Sensex fell around 400 points to 74,883.79 in early trade.Broader markets also remained under pressure, with midcap and smallcap indices traded lower.Sectorally, most indices traded in the red, led by realty, metal, PSU banks and …
New Delhi, March 22 (IANS) The Indian equity markets are demonstrating ‘structural resilience’ despite intense global macro headwinds and foreign institutional investors (FII) outflows, according to analysts.For the week ending March 20, a persistent risk-off sentiment among FIIs was observed, with weekly net outflows totaling Rs 29,718.9 crore. This exodus, coupled with a surging US Dollar index, pressured the Indian rupee to a provisional record low of 93.71. “Remarkably, the Nifty 50 mainta…
Mumbai, March 13 (IANS) The Indian equity markets opened sharply lower early on Friday as crude oil prices due to the US-Iran war weighed on investor sentiments.As of 9.25 am, Sensex lost 516 points, or 0.68 per cent, to reach 75,517 and Nifty eased 174 points, or 0.74 per cent, to reach 23,464.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 declined 0.84 per cent, and the Nifty Smallcap 100 lost 1.08 per cent.All sectoral indices traded in red except…
Mumbai, March 11 (IANS) The Indian equity markets posted moderate losses in early trade on Wednesday over cautious sentiment amid the ongoing war between US-Israel and Iran, leading to the prolonged closure of the Strait of Hormuz.As of 9.25 am, Sensex lost 109 points, or 0.14 per cent, to reach 78,096 and Nifty eased 26 points, or 0.11 per cent to reach 24,234.Main broad-cap indices showed divergence with the benchmark indices, as the Nifty Midcap 100 gained 0.72 per cent, and the Nifty Smallca…
Mumbai, March 9 (IANS) The Indian equity markets plummeted close to 3 per cent in early trade on Monday tracking global weakness, rising crude oil prices amid escalating tensions in the Middle East.As of 9.22 AM, the Sensex lost 2,333 points, or 2.96 per cent, to reach 76,585 and Nifty dipped 686 points, or 2.81 per cent to reach 23,764.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 slipped 3.28 per cent, and the Nifty Smallcap 100 dipped 3.37 per ce…