Mumbai, June 24 (IANS) Indian equity benchmarks traded in a narrow range on Wednesday morning for a second consecutive session amid decline in crude oil prices.Sensex was trading at 76,348.95, up over 100 points or 0.19 per cent in early deals, while Nifty was at 23,853.75, higher by 30 points or 0.12 per cent.Sector-wise, Nifty IT led the gains, rising nearly 1 per cent, followed by Nifty MidSmall IT & Telecom (0.72 per cent), Nifty Pharma (0.68 per cent), Nifty Healthcare (0.57 per cent) a…
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Mumbai, June 23 (IANS) Domestic equity benchmarks ended sharply lower on Tuesday, dragged down by heavy selling in metal, information technology and public sector banking stocks amid weak global market cues.The Sensex declined 893.39 points, or 1.16 per cent, to settle at 76,200.68, while the Nifty fell 278.80 points, or 1.16 per cent, to close at 23,824.10.Investor sentiment remained subdued as weakness in global equity markets weighed on domestic equities, prompting broad-based selling across …
Mumbai, June 22 (IANS) Indian equity benchmarks closed in positive territory on Monday, supported by strong buying in information technology and pharmaceutical stocks, while easing crude oil prices further boosted investor sentiment.The Sensex gained 291.17 points, or 0.38 per cent, to settle at 77,094.07. The Nifty also ended higher, rising 90 points, or 0.37 per cent, to close at 24,102.90.Commenting on Nifty technical outlook, experts said that the 24,200 level continues to act as the immedia…
Mumbai, June 18 (IANS) Indian equity benchmark indices closed higher on Thursday, supported by fag-end buying and gains in PSU bank, healthcare, metal and realty stocks, even as weakness in the IT sector capped the upside.The Sensex rose 254.36 points, or 0.33 per cent, to settle at 77,409.98, while the Nifty gained 82.30 points, or 0.34 per cent, to close at 24,168.00.Commenting on Nifty technical outlook, experts said that the 24,200 level now emerges as the immediate resistance. “A sustained …
Mumbai, June 8 (IANS) Indian equity markets ended sharply lower on Monday as escalating tensions in West Asia triggered a risk-off sentiment across global markets, leading to a sell-off in domestic equities amid a spike in crude oil prices.The benchmark index Sensex declined 719.08 points, or 0.97 per cent, to close at 73,524.26, tracking weakness in global equities and rising geopolitical uncertainty.Similarly, the 50-share Nifty index fell 243.70 points, or 1.04 per cent, to settle at 23,123. …
New Delhi, June 5 (IANS) Indian equity markets traded higher in the morning session on Friday ahead of a key central bank policy decision as investors awaited cues on how the central bank plans to address inflation and currency pressures amid elevated energy prices driven by geopolitical tensions in West Asia.Sensex jumped as much as 0.48 per cent or 357 points to 74,717.57, hitting an intraday high in early trade. Similarly, Nifty was trading 0.42 per cent or 100 points higher at 23,516.Sector-…
Mumbai, June 2 (IANS) Indian benchmark indices ended higher on Tuesday, supported by gains in information technology, metal, and consumer durable stocks, even as investors remained cautious ahead of key trade negotiations between India and the United States.The Nifty settled 100.95 points, or 0.43 per cent, higher at 23,483.55, while the Sensex advanced 382.50 points, or 0.52 per cent, to close at 74,649.84.Commenting on Nifty technical outlook, experts said that the 23,500–23,550 region remai…
Mumbai, May 22 (IANS) The domestic benchmark indices ended higher on Friday, supported by a sharp appreciation in the Indian rupee against the US dollar and gains in banking and financial services stocks.The Nifty rose 64.60 points, or 0.27 per cent, to close at 23,719.30, while the Sensex gained 231.99 points, or 0.31 per cent, to settle at 75,415.35.Commenting on Nifty technical outlook, experts said that on the downside, immediate support is placed at 23,600, below which the index may drift t…
Mumbai, May 18 (IANS) Indian equity benchmarks erased most of their intra-day losses to end marginally higher on Monday, aided by strong buying in information technology stocks even as investors continued to track developments in West Asia.The benchmark Nifty closed 6.45 points, or 0.03 per cent, higher at 23,649.95, while the Sensex gained 77.05 points, or 0.10 per cent, to settle at 75,315.04. Both indices had traded in negative territory for most of the session before recovering in late trade…
Mumbai, May 11 (IANS) Indian benchmark equity indices ended sharply lower on Monday as investor sentiment weakened amid rising concerns over the impact of the ongoing West Asia conflict on global growth and inflation.At the closing bell, the Nifty was down by 360.3 or 1.49 per cent at 23,815.85, and the Sensex ended 1312.91 points or 1.70 per cent lower at 76,015.28.Commenting on the Nifty technical outlook, experts said that overall, the index appears vulnerable in the short term.“Immediate s…