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…
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Mumbai, July 14 (IANS) India’s benchmark equity indices ended sharply lower on Tuesday as heightened geopolitical tensions in West Asia triggered broad-based selling, with PSU bank, realty and auto stocks leading the decline.The Sensex closed 561.46 points, or 0.72 per cent, lower at 77,054.94, while the Nifty slipped 159 points, or 0.66 per cent, to settle at 24,052.05.Commenting on Nifty technical outlook, experts said that the the index remained range-bound after opening with a gap-down as th…
Mumbai, July 13 (IANS) Indian equity markets opened lower on Monday as crude oil prices rebounded to near the $80-per-barrel mark amid renewed geopolitical tensions.Sensex began the session at 76,963.35, down over 600 points or 0.78 per cent, while Nifty started at 24,039.40, declining 167.50 points or 0.69 per cent.Sector-wise, most indices traded in the red, led by Nifty Auto and Nifty Metal, which fell up to 1 per cent. Nifty Consumer Durables, Nifty PSU Bank and Nifty Private Bank also witne…
Mumbai, July 10 (IANS) Indian benchmark equity indices opened sharply higher on Friday, tracking gains in global markets as a rally in chip stocks boosted investor sentiment, with information technology shares emerging as the biggest gainers.During early trade, the Sensex was trading 701.73 points, or 0.91 per cent, higher at 77,443.55. The Nifty advanced 200.85 points, or 0.84 per cent, to 24,162.25.Commenting on Nifty technical outlook, experts said that the 24,100–24,200 region is expected …
Mumbai, July 8 (IANS) Indian benchmark equity indices witnessed their sharpest single-day decline in more than three months on Wednesday as escalating tensions in West Asia dampened investor sentiment and sparked a broad-based selloff across sectors.The Sensex plunged 1,677.12 points, or 2.15 per cent, to close at 76,503.60, while the Nifty dropped 516.65 points, or 2.12 per cent, to settle at 23,882.05.Commenting on Nifty technical outlook, experts said that the 24,000 region is now expected to…
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 6 (IANS) Indian stock markets opened positively on Monday, supported by revival of monsoon, renewed foreign institutional investor (FII) buying, and softer crude oil prices.Sensex started the session at 77,940.90, up 176.99 points or 0.23 per cent, while Nifty opened at 24,306.85, gaining 36 points or 0.15 per cent.Among the sectoral indices, Nifty Realty was the top gainer, rising 0.86 per cent, followed by Nifty Metal which advanced 0.39 per cent.Healthcare-related indices also tr…
Mumbai, July 1 (IANS) Indian equity benchmark indices ended higher on Wednesday, supported by strong buying in FMCG, banking, financial and realty stocks.The Nifty climbed 140.10 points, or 0.59 per cent, to close at 24,005.85, while the Sensex advanced 443.97 points, or 0.58 per cent, to settle at 76,922.64.Commenting on Nifty technical outlook, experts said that the 24,100–24,200 region, which coincides with the 100-day Exponential Moving Average (EMA), continues to act as the immediate resi…
Mumbai, June 29 (IANS) Indian equity benchmarks ended the session in negative territory on Monday as weakness in auto, information technology, and public sector banking stocks weighed on investor sentiment. Renewed geopolitical tensions in West Asia also kept traders cautious, leading to broad-based selling across sectors.The Sensex declined 372.10 points, or 0.48 per cent, to settle at 76,728.37, while the Nifty fell 109.75 points, or 0.46 per cent, to close at 23,946.25.Commenting on Nifty tec…
Mumbai, June 29 (IANS) Indian stock markets opened flat on Monday with investors and traders closely monitoring developments surrounding the US-Iran ceasefire and upcoming diplomatic discussions.Nifty opened at 24,061.75, up 5.75 points or 0.02 per cent, while Sensex started marginally lower at 77,055.21, down 45.26 points or 0.06 per cent.Sector-wise, healthcare and pharma stocks led the gains, with Nifty Healthcare Index rising 0.53 per cent and Nifty Pharma advancing 0.52 per cent. FMCG also …
