Washington, March 25 (IANS) Oil markets swung sharply as investors weighed fears of a prolonged Middle East conflict against signs of possible diplomatic progress, with prices briefly topping $100 before retreating.Wall Street struggled for direction. Crude rose, bonds sold off, and stocks fell as conflicting signals emerged from Washington and the region, according to reporting by The Wall Street Journal.Front-month Brent crude climbed 4.6 per cent to $104.49 a barrel, while West Texas Intermed…
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Mumbai, March 24 (IANS) Indian equity benchmarks opened on a strong note on Tuesday amid hopes of easing tensions in West Asia over remarks by US President Donald Trump on postponing potential strikes on Iran’s energy infrastructure.Sensex surged as much as 2 per cent or 1,516 points to hit an intra-day high of 74,212, while Nifty opened at 22,878, up 365.80 points or 1.62 per cent.Sector-wise, all sectors were trading in green zone as buying was seen across the board — with consumer durables…
New Delhi, March 23 (IANS) Adobe on Monday announced the appointment of Shamik Basu as Vice President, Creative Products Group in India, as part of its push to strengthen local innovation and leadership.Based in Noida, Basu will lead Adobe India’s engineering and product management teams and report to Ely Greenfield. He will also be part of the company’s India leadership team focused on driving growth and innovation in the country.”India is a priority market for Adobe and key to advancing in…
Mumbai, March 20 (IANS) Domestic benchmark indices opened higher on Friday, rising over 1 per cent in early trade amid hopes of easing tensions in West Asia.Sensex opened at 74,559, up 352 points or 0.47 per cent, while Nifty started trading at 23,110, higher by 108 points or 0.47 per cent, according to exchange data.In early trade, the 30-share Sensex surged as much as 891 points, or 1.20 per cent, while the Nifty climbed 279.7 points, or 1.21 per cent, to 23,281.85. The strong gains were suppo…
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 10 (IANS) The Indian equity markets made notable gains in the early trade on Tuesday after US President Donald Trump indicated that war with Iran may be approaching an end.As of 9.29 am, Sensex added 413 points, or 0.53 per cent, to reach 77,979 and Nifty gained 112 points, or 0.47 per cent to reach 24,140.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 gained 1.05 per cent, and the Nifty Smallcap 100 added 1.32 per cent.All sectoral ind…
Mumbai, March 6 (IANS) The Indian equity markets posted losses in early trade on Friday tracking global weakness, crude oil prices amid tensions in the Middle East.As of 9.28 am, Sensex lost 365 points, or 0.46 per cent, to reach 79,650 and Nifty dipped 103 points, or 0.42 per cent to reach 24,662.Main broad-cap indices showed divergence with the benchmark indices, as the Nifty Midcap 100 added 0.30 per cent, and the Nifty Smallcap 100 gained 0.45 per cent.All sectoral indices traded in red exce…
Mumbai, March 4 (IANS) The Indian equity markets opened sharply lower on Wednesday, tracking weak global cues and aggressive FII short positioning in index futures amid escalating geopolitical tensions in the Middle East.As of 9.28 am, Sensex lost 1,773 points, or 2.21 per cent, to reach 78,465 and Nifty eased 549 points, or 2.21 per cent, at 24,316.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 declined 2.18 per cent, and the Nifty Smallcap 100 lost…
Mumbai, March 3 (IANS) The Bombay Stock Exchange and the National Stock Exchange will remain closed on Tuesday on account of the Holi festival.Trading in equities, equity derivatives, securities lending and borrowing and interest rate derivatives will be suspended for the day, exchanges said on Tuesday. Commodity derivatives will be closed in the morning and open for the evening session.On Monday, Sensex lost 1,048 points, or 1.29 per cent, to reach 80,238 and Nifty dropped 312 points, or 1.24 p…
Mumbai, March 2 (IANS) The Indian equity markets opened the week sharply lower on Monday, tracking a broad risk-off sentiment across global markets due to the US, Israel and Iran war.As of 9.28 am, Sensex lost 891 points, or 1.10 per cent, to reach 80,395 and Nifty eased 268 points, or 1.07 per cent, at 24,909.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 declined 1.14 per cent, and the Nifty Smallcap 100 lost 1.35 per cent.All sectoral indices trad…