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…
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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, May 1 (IANS) The Indian equity benchmarks closed in the red this week, as persistent selling from the foreign institutional investors (FIIs) and higher crude prices weighed on market sentiment.Nifty lost 0.73 per cent during the week and dipped 0.74 per cent on the last trading day to reach 23,997. At close, the Sensex was down 582 points or 0.75 percent at 76,913. It dropped 0.97 per cent during the week.”Investor sentiment remained cautious as the double blockade in the Strait of Hormu…
Mumbai, April 30 (IANS) Indian equity benchmarks Nifty and Sensex ended lower on the day, weighed down by rising crude oil prices amid escalating tensions between the United States and Iran.The Nifty declined by 180.10 points, or 0.74 per cent, to close at 23,997.55, while the Sensex fell 582.86 points, or 0.75 per cent, to settle at 76,913.50.Commenting on Nifty technical outlook, experts said that 24,100–24,150 remains an immediate resistance band, followed by the 24,300–24,400 zone, which…
Mumbai, April 28 (IANS) Indian benchmark indices closed lower on Tuesday, tracking a sharp rise in global oil prices amid fresh geopolitical uncertainty in West Asia.The Nifty and the Sensex both ended lower as investors turned cautious over escalating tensions involving the United States and Iran.At the closing bell, Sensex was at 76,886.91, down by 416.72 points or 0.54 per cent. The Nifty was at 23,995.70, down by 97 points or 0.40 per cent.Adani Ports, ITC, Bharti Airtel and Tech Mahindra am…
Mumbai, April 24 (IANS) Indian equity benchmarks ended sharply lower on Friday as a surge in crude oil prices rattled investor sentiment amid rising geopolitical tensions linked to stalled US-Iran talks and disruption at the Strait of Hormuz.The Sensex dropped 982.71 points, or 1.27 per cent, to close at 76,681.29, while the Nifty declined 275.10 points, or 1.14 per cent, to settle at 23,897.95.Commenting on technical outlook, experts said that on the upside, 24,000 has now emerged as a strong r…
Mumbai, April 16 (IANS) Benchmark equity indices Nifty and Sensex ended off their intra-day highs on Thursday as selling pressure in banking and auto stocks capped gains.However, investors also remained cautious ahead of further clarity on upcoming negotiations between the US and Iran.At the closing bell, the Sensex was at 77,988.68, down by 122.56 points or 0.16 per cent. Nifty followed suit and closed at 24,196.75, down by 34.55 or 0.14 per cent.Commenting on Nifty technical outlook, experts s…
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 9 (IANS) Indian equity benchmarks declined on Thursday, snapping their five-day gaining streak, as rising oil prices and uncertainty around the US-Iran ceasefire weighed on investor sentiment.The Nifty closed 0.93 per cent lower, falling 222.25 points to settle at 23,775.10. The Sensex also slipped sharply, ending 1.20 per cent or 931.25 points down at 76,631.65.Commenting on Nifty technical outlook, experts said that the intraday charts showed price action remained range-bound wit…
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…