Mumbai, May 7 (IANS) Indian benchmark indices ended largely flat on Thursday after trading in a narrow range throughout the session, even as broader markets outperformed and auto stocks witnessed buying interest.The Nifty slipped 4.30 points, or 0.02 per cent, to close at 24,326.65, while the Sensex declined 114 points, or 0.15 per cent, to settle at 77,844.52.Commenting on technical outlook, experts said that technically, the 24,400–24,500 zone continues to act as an immediate resistance band…
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Mumbai, May 6 (IANS) Indian equity markets traded higher on Wednesday in early deals, with benchmarks jumping almost 1 per cent each on global cues, amid hopes of de-escalation in the West Asia conflict.Sensex rose 0.85 per cent or 657 points to hit an intraday high of 77,675 in morning trade, while Nifty was trading at 24,250, up 0.90 per cent or 217 points from the previous close.Among sectoral indices, Nifty PSU Bank, Nifty Private Bank, Nifty Auto, Nifty Metal, and Nifty IT advanced up to ne…
Mumbai, May 5 (IANS) Domestic equity markets on Tuesday traded sharply lower in the morning trade amid fresh jitters over escalating geopolitical tensions between the US and Iran.Sensex was trading at 76,745, down 0.67 per cent or 524 points in early trade, while Nifty slipped to 23,949, declining 0.7 per cent or 170 points.Sector-wise, selling pressure was driven by auto, financials, banking, consumer durables, and metal stocks. Nifty Auto, Nifty Private Bank, Nifty PSU Bank, Nifty Consumer Dur…
Mumbai, April 29 (IANS) Domestic equity markets traded higher on Wednesday despite a rise in crude oil prices and reports that the United States may extend its blockade of Iranian ports.Sensex traded 0.52 per cent, or 400 points, higher at 77,289.55, hitting an intraday high in early trade, while Nifty rose 0.53 per cent, or 127.8 points, to 24,123.55.Sector-wise, buying interest was seen in auto, chemicals, realty, energy and IT stocks.Nifty Auto, Nifty Chemicals, Nifty Realty, Nifty Oil & …
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…
Mumbai, April 23 (IANS) The Indian equity markets ended sharply lower for the second consecutive session on Thursday, with benchmark indices declining about 1 per cent each amid escalating tensions in West Asia over the Strait of Hormuz.Sensex settled at 77,664, down 852 points or 1.09 per cent, while Nifty closed at 24,173, losing 205 points or 0.84 per cent as selling pressure intensified across auto, banking, IT and realty stocks. Major laggards included Tech Mahindra, Infosys, Tata Motors Pa…
Mumbai, April 23 (IANS) The Indian equity markets posted sharp losses early on Thursday tracking cautious global cues and sustained foreign institutional selling, after the recent rally.As of 9.25 am, Sensex lost 671 points, or 0.85 per cent, to reach 77,845 and Nifty dipped 179 points, or 0.74 per cent, to reach 24,198.Main broad-cap indices showed divergence with the benchmark indices, as the Nifty Midcap 100 dipped 0.34 per cent, and the Nifty Smallcap 100 lost 0.16 per cent.All sectoral indi…
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…
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…