Mumbai, April 27 (IANS) Indian stock markets traded higher in early deals on Monday, with benchmark indices surging about 0.6 per cent each, driven by positive global cues. Sensex traded at 77,121.97, up 0.59 per cent or 457 points in early trade, while Nifty climbed to 24,047, rising 150 points or 0.62 per cent from the previous close, led by buying in realty, pharma, IT, auto, and banking stocks.However, Axis Bank, Shriram Finance, and Bajaj Finance were among the top laggards.Earlier in the s…
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Mumbai, April 20 (IANS) Global crude oil prices rebounded on Monday towards the $100 per barrel mark amid fresh escalations in the West Asia conflict.The international benchmark Brent crude futures rose as much as 7.18 per cent to hit an intraday high of $96.87 per barrel, while US West Texas Intermediate (WTI) crude traded at $91.20, up 8.76 per cent from the previous close.On the domestic front, crude on the Multi Commodity Exchange (MCX) traded at Rs 8,289, an increase of 6.72 per cent from t…
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, April 16 (IANS) The Indian stock markets opened on a higher note on Thursday, with the equity benchmarks mirroring global cues amid hopes of easing geopolitical tensions between Washington and Tehran.Sensex opened 566 points or 0.73 per cent higher at 78,677 in opening trade, while Nifty began the session at 24,385, up 154 points or 0.64 per cent. Sectorally, gains were led by realty, media, consumer durables and financial stocks.Category-wise, small-cap and mid-cap stocks were the top g…
New Delhi, March 25 (IANS) International crude oil prices witnessed a sharp decline on Wednesday amid growing hopes of a ceasefire in the West Asia region.Brent crude futures fell 7 per cent to an intraday low of $97.18 per barrel, while US WTI crude dropped over 6 per cent to $86.72 as of 10:40 AM.Experts said the recent correction in crude prices could offer some relief to India’s macroeconomic indicators, including inflation and the Current Account Deficit (CAD), even as technical indicator…
Mumbai, March 25 (IANS) Dalal Street opened on a bullish note for the second consecutive session on Wednesday, supported by easing geopolitical concerns amid hopes of de-escalation in the West Asia conflict. Additionally, reports suggesting that Donald Trump had proposed a 15-point plan to Iran via Pakistan further enhanced investor confidence.Sensex opened around 600 points or 0.80 per cent higher at 74,652, while Nifty began trading at 23,064, up 150 points or 0.66 per cent.In early trade, the…
Mumbai, March 5 (IANS) The Indian equity markets gained moderately in early trade on Thursday, tracking gains in Asian peers despite rising tensions in the Middle East.As of 9.30 am, Sensex gained 246 points, or 0.31 per cent, to reach 79,362 and Nifty added 84 points, or 0.35 per cent, at 24,565.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 added 1.02 per cent, and the Nifty Smallcap 100 gained 1.11 per cent.All sectoral indices traded in green exc…
Mumbai, Feb 24 (IANS) The Indian equity markets erased gains from the previous session early on Tuesday, tracking an overnight sell-off in US equities amid AI-led disruptions affecting global technology stocks.As of 9.26 am, Sensex lost 577 points, or 0.69 per cent, to reach 82,717, and Nifty dipped 161 points, or 0.63 per cent to settle at 25,552.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 dipped 0.55 per cent, and the Nifty Smallcap 100 declined…