Mumbai, July 28 (IANS) Domestic equity benchmark indices opened on a muted note on Tuesday, tracking weak cues from Asian markets after a sharp selloff in global semiconductor stocks.Sensex opened at 76,831.75, down 4 points or 0.01 per cent, while Nifty started the session at 23,971.25, lower by 24.70 points or 0.10 per cent.Sectorally, IT stocks led the gains in early trade, with Nifty IT surging 2 per cent. Nifty MidSmall IT & Telecom advanced 1 per cent, while realty, healthcare and phar…
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Mumbai, July 27 (IANS) Indian benchmark equity indices snapped their five-session losing streak on Monday, buoyed by a sharp decline in crude oil prices after the United States and Iran paused military strikes, easing concerns over a prolonged geopolitical conflict.The Sensex surged 776.29 points, or 1.02 per cent, to close at 76,835.78, while the Nifty climbed 229.40 points, or 0.96 per cent, to settle at 23,995.95, nearly reclaiming the 24,000 mark.Commenting on Nifty technical outlook, expert…
Mumbai, July 24 (IANS) Indian equity benchmarks extended their losing streak to a fifth consecutive session on Friday, marking their longest stretch of declines since the first week of January, as investors remained cautious amid concerns over the inflation and growth outlook in the backdrop of elevated crude oil prices.The Sensex declined 332 points, or 0.43 per cent, to close at 76,059.77, while the Nifty fell 102.15 points, or 0.43 per cent, to settle at 23,767.45.Commenting on Nifty technica…
Mumbai, July 24 (IANS) Domestic equity markets opened lower on Friday, with benchmark indices declining almost 1 per cent each amid heightened global uncertainty and a surge in crude oil prices, with Brent crude crossing the $100-per-barrel mark.Sensex opened 683.20 points or 0.89 per cent lower at 75,708.19, while Nifty declined 203.25 points or 0.85 per cent to 23,666.35.All sectoral indices traded in the red, with realty, metal and financial stocks witnessing the sharpest declines.Nifty Realt…
Mumbai, July 21 (IANS) Indian equity markets opened on a flat note on Tuesday as investors remained cautious amid ongoing geopolitical tensions in the Middle East, despite a decline in crude oil prices.Sensex opened 58.89 points or 0.08 per cent lower at 77,649.63, while Nifty fell 22.45 points or 0.09 per cent to 24,216.05.Sectorally, IT, cement and metal stocks bucked the weak broader trend. Nifty IT rose 0.46 per cent, while Nifty Cement and Nifty Metal indices gained 0.51 per cent and 0.33 p…
Mumbai, July 17 (IANS) Indian equity benchmarks ended sharply higher on Friday, supported by strong buying in private banking, information technology and auto stocks.The Sensex rallied 964.58 points, or 1.25 per cent, to close at 78,151.45. The Nifty also ended firmly in the green, rising 261.55 points, or 1.09 per cent, to settle at 24,334.30.Commenting on Nifty technical outlook, experts said that the 24,400 level remains the immediate resistance and coincides with the 200-day Exponential Movi…
Mumbai, July 16 (IANS) Indian stock markets ended flat on Thursday as investors remained cautious amid geopolitical uncertainties, fluctuating crude oil prices and weak Asian market trends, while financial stocks dragged the benchmarks lower.Sensex settled at 77,186.87, up 1.44 points, while Nifty ended 5.75 points or 0.02 per cent lower at 24,072.75.During the intraday trade, the 30-share index jumped as much as 0.51 per cent or 394 points to 77,579.69 from the previous close, while touching an…
Mumbai, July 16 (IANS) Indian equity benchmark indices traded higher in the morning session on Thursday despite mixed global cues.Sensex jumped over 300 points or 0.42 per cent to hit an intraday high of 77,514.30 in early trade, while Nifty rose 88 points or 0.36 per cent to 24,167 amid buying in consumer durables, IT and auto stocks.Nifty Consumer Durables index surged 1.63 per cent, followed by Nifty IT, which gained 1.38 per cent, Nifty MidSmall IT & Telecom, up 1.13 per cent, and Nifty …
Mumbai, July 15 (IANS) Indian equity benchmark indices opened higher on Wednesday amid positive global cues after gains across Wall Street and Asian markets.Sensex opened at 77,192.76, up more than 100 points or 0.18 per cent, while Nifty started the session at 24,085.85, gaining 33.80 points or 0.14 per cent.Sector-wise, financial and banking stocks led the gains in early trade, while information technology shares remained under pressure.Nifty Financial Services Ex-Bank emerged as the top gaine…
Mumbai, July 13 (IANS) Benchmark equity indices ended little changed on Monday, recovering from their intra-day lows as gains in information technology stocks helped offset weakness in FMCG and metal shares.The Sensex closed 47.01 points, or 0.06 per cent, higher at 77,616.40, while the Nifty edged up 4.10 points, or 0.02 per cent, to settle at 24,211.Commenting on Nifty technical outlook, experts said that the 24,300–24,400 region now stands as the immediate resistance zone, with the upper en…