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…
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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 23 (IANS) Indian equity benchmark indices extended their losing streak for a fourth consecutive session on Thursday as rising crude oil prices, triggered by fresh escalation in tensions between the United States and Iran, weighed on investor sentiment.The Sensex declined 364 points, or 0.47 per cent, to close at 76,391.39, while the Nifty fell 127 points, or 0.53 per cent, to settle at 23,869.60.Commenting on Nifty technical outlook, experts said that the 24,000 mark, which previous…
Mumbai, July 22 (IANS) Domestic equity markets ended sharply lower on Tuesday, extending losses for a third straight trading session, as selling pressure in realty and PSU banking stocks, along with rising crude oil prices amid tensions in West Asia, weighed on investor sentiment.The Sensex declined 715.06 points, or 0.92 per cent, to close at 76,755.05, while the Nifty fell 191.45 points, or 0.79 per cent, to settle at 23,996.25, slipping below the psychologically important 24,000 level.Comment…
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 9 (IANS) Benchmark equity indices rebounded on Thursday, with the Sensex gaining over 238 points and the Nifty closing above the 23,960 mark as buying in realty, consumer durables and PSU bank stocks lifted investor sentiment.The Sensex rose 238.22 points, or 0.31 per cent, to settle at 76,741.82, while the Nifty advanced 80.75 points, or 0.34 per cent, to close at 23,962.80.Commenting on Nifty technical outlook, experts said that the 24,100–24,200 range remains an immediate resis…
Mumbai, July 8 (IANS) Domestic equity markets opened lower on Wednesday, tracking weak global cues amid renewed geopolitical tensions in the Middle East.Sensex opened 364.27 points or 0.46 per cent lower at 77,816.45, while Nifty slipped 139.15 points or 0.57 per cent to 24,259.55.Among sectoral indices, Nifty Oil & Gas led the losses, declining more than 1 per cent.Nifty Media, Nifty PSU Bank, Nifty Realty, Nifty Cement, Nifty Metal, Nifty Auto and Nifty FMCG also declined by up to almost 1…
Mumbai, July 7 (IANS) Indian equity benchmark indices traded higher on Tuesday amid positive global cues and crude oil prices hovering around the $70-a-barrel mark.Sensex jumped as much as 0.27 per cent or over 200 points to hit an intraday high of 78,504 in early trade, while Nifty was trading around 60 points or 0.23 per cent higher at 24,488.Sectorally, IT, banking and financial stocks led the gains. Nifty IT rose 1.28 per cent, followed by Nifty PSU Bank which gained 0.45 per cent.In contras…
Mumbai, July 2 (IANS) Indian equities traded higher in the morning session on Thursday, supported by easing crude oil prices, strong auto sales data and optimism over first-quarter earnings.Sensex surged as much as 0.38 per cent or about 300 points to hit an intraday high of 77,218.78 in early trade. Nifty climbed 0.35 per cent or 86 points to 24,092.05.Sectorally, IT emerged as top gainer, with Nifty IT index jumping over 3 per cent, followed by Nifty MidSmall IT & Telecom, Nifty Consumer D…
Mumbai, July 1 (IANS) Domestic equity benchmarks traded higher on Wednesday in morning trade, tracking firm global cues, although concerns over a weak monsoon continued to weigh on the market outlook.Sensex jumped over 200 points or 0.28 per cent to hit an intraday high of 76,697.37 in early trade. Similarly, Nifty rose 70 points or 0.28 per cent to 23,934.90.Sectorally, buying was seen in media, auto, consumer durables, FMCG, IT, realty and pharma stocks. Nifty Media index gained over 1 per cen…