Mumbai, April 13 (IANS) Indian equity benchmarks recovered sharply from their intra-day lows on Monday, helped by buying in defence stocks, even as broader sentiment remained cautious due to ongoing geopolitical tensions in West Asia.The Nifty closed 0.86 per cent, or 207.95 points, lower at 23,842.65, while the Sensex ended the session down 0.91 per cent, or 702.68 points, at 76,847.57.Commenting on Nifty technical outlook, experts said that going ahead, 23,900 is likely to continue acting as i…
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Mumbai, April 10 (IANS) Indian equity benchmarks resumed their upward momentum on Friday after a brief one-day pause, as investors closely monitored developments in West Asia and assessed their potential impact on global markets. Both the Nifty and the Sensex ended higher, extending their recent gaining streak. At the closing bell, Sensex was up 918.6 points, or 1.20 per cent, to finish the intra-day trading session at 77,550.25.Nifty also followed suit and closed at 24,050.6, up 275.5 points, o…
Mumbai, April 8 (IANS) Indian stock markets extended their rally for the fifth straight session, with both the Nifty and the Sensex posting strong gains. The positive momentum came amid easing global tensions and steady domestic policy signals.The Nifty closed 3.78 per cent higher, gaining 873.70 points to end at 23,997.35. Meanwhile, the Sensex surged 3.95 per cent, rising 2,946.32 points to settle at 77,562.90.Commenting on Nifty technical outlook, experts said that from a technical standpoint…
Mumbai, April 6 (IANS) Domestic equity markets opened on a mildly positive note on Monday, even as caution over a possible escalation in the Iran war capped gains after US President Donald Trump warned of “hell” if Tehran fails to meet his Tuesday deadline to reopen the Strait of Hormuz.However, early gains were short-lived. The 30-share Sensex declined by 150 points or 0.21 per cent to 73,168. Similarly, Nifty was trading at 22,670, down 42 points or 0.19 per cent in early trade, amid selli…
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 18 (IANS) Equity frontline indices opened higher on Wednesday, extending gains for the third consecutive session as markets bounced back from last week’s sharp correction triggered by the West Asia conflict.Sensex opened at 76,367, up 296 points or 0.39 per cent, while the Nifty started about 50 points higher at 23,632, registering a gain of 0.22 per cent.In the broader market, smallcap stocks witnessed the sharpest uptick. The Nifty Smallcap 50 rose 0.51 per cent, while the Nift…
Mumbai, March 12 (IANS) Indian benchmark equity indices ended lower on Thursday as volatility in global oil prices dampened investor sentiment and triggered selling across sectors.The Nifty declined 0.95 percent, or 227.70 points, to close at 23,639.15. Meanwhile, the Sensex fell 1.08 percent, or 829.29 points, to settle at 76,034.42.Commenting on Nifty technical outlook, experts said that on the downside, 23,500 and 23,000 remain key demand zones, supported by strong put open interest that coul…
Mumbai, March 12 (IANS) Indian stock markets opened sharply lower on Thursday as rising crude oil prices and growing geopolitical tensions between the United States and Iran weighed on investor sentiment. Benchmark indices fell in early trade after Brent crude crossed the key mark of $100 per barrel, raising concerns about inflation and economic stability.The Sensex dropped 972.99 points, or 1.27 per cent, to 75,890.72 in early trading. The Nifty also slipped 299.45 points, or 1.22 per cent, to …
Mumbai, March 11 (IANS) Indian benchmark equity indices ended sharply lower on Wednesday as a surge in global oil prices and rising geopolitical tensions weighed on investor sentiment. At the closing bell, Sensex settled at 76,863.71, down 1.72 per cent or 1,342.27 points, while the Nifty ended at 23,866.85, plunging 394.75 points or 1.63 per cent. The decline was led by automobile, banking, real estate, IT, FMCG and consumer durables stocks such as Bajaj Finance, Axis Bank, Eicher Motors, Mahin…
Mumbai, March 10 (IANS) Indian benchmark equity indices rebounded on Tuesday, snapping a two-day losing streak as investor sentiment improved after US President Donald Trump indicated that the ongoing war with Iran could end soon. The comments eased global market concerns and supported buying across several sectors.The Nifty closed 0.97 per cent, or 233.5 points, higher at 24,261.6, while the Sensex rose 0.82 per cent, or 639.82 points, to settle at 78,205.98.Commenting on technical outlook, exp…