Mumbai, May 6 (IANS) Indian equity benchmarks staged a strong late-session rally on Wednesday, with both the Nifty and the Sensex closing sharply higher as global cues turned favourable following a steep drop in crude oil prices.The Nifty climbed 298.15 points, or 1.24 per cent, to settle at 24,330.95, while the Sensex surged 940.73 points, or 1.22 per cent, to end at 77,958.52.Commenting on Nifty technical outlook, experts said that the markets staged a strong rebound, with Nifty closing above …
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Mumbai, Feb 28 (IANS) Indian stock markets ended the week on a weak note, with benchmark indices falling amid global uncertainty and rising geopolitical tensions. Investors remained cautious as volatility in global markets and uncertainty around US-Iran talks dampened sentiment, even though India’s latest GDP data showed strong growth.For the week, both the Sensex and the Nifty fell around 1.5 per cent. Broader markets also remained under pressure, with the Nifty Midcap 100 and Smallcap 100 in…
Mumbai, Feb 27 (IANS) The Indian equity benchmarks posted huge losses on Friday, amid heavy FII selling and weak global cues.At the closing bell, Sensex lost 961 points, or 1.17 per cent to settle at 81,287. The Nifty lost 317.90 points, or 1.25 per cent, to close at 25,178.Nifty Midcap 100 index performed in line with the benchmark as it dipped 1.10 per cent, while the NSE Smallcap 100 declined 1.10 per cent. Nifty Next50 lost 1.30 per cent.Sectoral indices traded mostly in the red except IT, m…
Mumbai, Dec 30 (IANS) Indian benchmark indices ended Tuesday’s session almost flat, but with a slight negative tone, as gains in PSU banks, metal and auto stocks were offset by selling pressure in IT, FMCG, realty and pharma shares.The Sensex closed at 84,675.08, slipping 20.46 points or 0.02 per cent, while the Nifty settled marginally lower at 25,938.85, down 3.25 points or 0.01 per cent.“The Nifty has also slipped below the 21 EMA, reinforcing the short-term downtrend. Immediate support i…