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…
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Mumbai, April 6 (IANS) Indian equity markets ended higher for the third consecutive session on optimism surrounding a potential de-escalation in tensions between the US and Iran, lifting investor sentiment across sectors.The benchmark Nifty rose 1.12 per cent or 255 points to close at 22,968.25, while the Sensex gained 787 points, or 1.07 per cent, to settle at 74,106.85.From a technical standpoint, experts said that Nifty is approaching the immediate resistance level near 23,000, which continue…
Mumbai, Feb 5 (IANS) The Indian equity markets posted moderate losses in early trade on Thursday, tracking poor global cues and weakness in metal stocks.As of 9.23 am, Sensex lost 254 points, or 0.30 per cent, to reach 83,563, and Nifty eased 85 points, or 0.33 per cent to settle at 25,690.Main broad-cap indices posted moderate losses, as the Nifty Midcap 100 eased 0.04 per cent, and the Nifty Smallcap 100 edged down 0.31 per cent.Major sectoral indices traded mixed, with IT insulated from globa…
Mumbai, Jan 29 (IANS) The Indian equity markets traded lower early on Thursday, tracking mixed global cues and weakness in IT stocks.As of 9.30 am, Sensex eased 347 points, or 0.42 per cent, to reach 81,997, and Nifty lost 81 points, or 0.32 per cent at 25,260.The rupee declined past the key 92 a dollar barrier in early trade, eclipsing its previous all-time low of 91.9650 last week.Main broad-cap indices showed divergence with benchmark indices, as the Nifty Midcap 100 gained 0.21 per cent, and…
Mumbai, Jan 28 (IANS) Indian equity benchmark indices Sensex and Nifty ended Wednesday’s session with modest gains, managing to stay in the green despite sharp volatility through the day. Investor sentiment was influenced by December-quarter earnings announcements and the finalisation of the India–European Union Free Trade Agreement.The Sensex closed at 82,345, rising 487 points, or 0.60 per cent. During the session, the index moved between a high of 82,504 and a low of 81,815 as markets swu…
Mumbai, Jan 28 (IANS) The Indian equity markets posted strong gains on Wednesday, extending gains from the previous session after the conclusion of a long-awaited trade deal with the European Union (EU) raised hopes of an economic boost.As of 9.30 am, Sensex added 545 points, or 0.67 per cent, to reach 82,402, and Nifty gained 183 points, or 0.73 per cent to 25,359.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 gained 0.77 per cent, and the …
Mumbai, Jan 23 (IANS) The Indian equity markets posted strong losses on Friday, flipping early gains amid continued selling by foreign institutional investors.At the closing bell, the Sensex lost 769 points, or 0.94 per cent to settle at 81,537. The Nifty declined 241 points, or 0.95 per cent, to close at 25,048.The broader markets posted stronger losses than the benchmark indices as Nifty Midcap 100 index lost 1.95 per cent, while the NSE Smallcap 100 declined 2.06 per cent.Nifty 50 and Sensex …
Mumbai, Jan 8 (IANS) Indian equity markets witnessed their sharpest fall in a month on Thursday as benchmark indices extended losses for the fourth straight session, weighed down by rising concerns over India–US trade tensions.Investor sentiment turned cautious after reports suggested that the administration of US President Donald Trump could consider imposing steep tariffs of up to 500 per cent on Indian goods.The possibility of such harsh trade measures triggered widespread selling across se…
Mumbai, Jan 7 (IANS) Indian equity markets ended lower for the third consecutive session on Wednesday as ongoing geopolitical tensions kept investors on edge and selling pressure in automobile and oil marketing company stocks weighed on overall sentiment.At the close of trade, the Sensex slipped 102.20 points, or 0.12 per cent, to settle at 84,961.14. The Nifty also closed in the red, falling 37.95 points, or 0.14 per cent, to end at 26,140.75.“A sustained move above 26,300 would be required t…
Mumbai, Jan 6 (IANS) Indian equity benchmark indices slipped for a second consecutive session on Tuesday, weighed down by sharp losses in heavyweight stocks such as Reliance Industries and Trent. Weakness in these large stocks kept overall market sentiment under pressure throughout the day. At the close of trade, the Nifty ended at 26,178.70, down 71.6 points or 0.27 per cent.“The index remains in a short-term consolidation phase amid tariff-related and geopolitical uncertainties, while holdin…