Mumbai, June 3 (IANS) Indian equity benchmark indices ended lower on Wednesday, although they recovered a significant portion of intra-day losses supported by gains in PSU bank and financial stocks.Markets witnessed sharp volatility during the session, with heavy selling pressure in information technology stocks weighing on investor sentiment.However, buying in PSU banks, private banks, and healthcare stocks helped the indices trim losses from the day’s low.The Nifty closed 77.95 points or 0.3…
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New Delhi, May 26 (IANS) Indian benchmark indices ended sharply lower on Tuesday as escalating geopolitical tensions in the Middle East weighed heavily on investor sentiment after fresh US strikes in southern Iran reduced hopes of a possible peace deal.The Nifty settled at 23,913.7, down 118 points or 0.49 per cent, while the Sensex closed at 76,009.7, declining 479.26 points or 0.63 per cent.Commenting on Nifty technical outlook, experts said that 24,000 now becomes the immediate resistance lev…
Mumbai, May 25 (IANS) Indian equity benchmarks rallied sharply on Monday, tracking gains in global markets amid hopes of easing geopolitical tensions after US President Donald Trump said negotiations with Iran were progressing constructively.The Sensex surged 1,073.61 points, or 1.42 per cent, to close at 76,488.96, while the Nifty jumped 312.4 points, or 1.32 per cent, to settle at 24,031.7, reclaiming the crucial 24,000 mark.Commenting on Nifty technical outlook, experts said that 24,100 now a…
Mumbai, May 25 (IANS) Domestic equity markets traded higher on Monday after crude oil prices slipped below the $100-per-barrel mark for the first time in over two weeks amid hopes of a possible agreement to end the US-Iran conflict, with benchmark indices rising over 1 per cent each in early trade.Sensex jumped as much as 874 points or 1.15 per cent to touch an intraday high of 76,289 in morning trade, while Nifty climbed 264 points or 1.11 per cent to 23,983.Among sectoral indices, Nifty Auto l…
Mumbai, May 22 (IANS) The domestic benchmark indices ended higher on Friday, supported by a sharp appreciation in the Indian rupee against the US dollar and gains in banking and financial services stocks.The Nifty rose 64.60 points, or 0.27 per cent, to close at 23,719.30, while the Sensex gained 231.99 points, or 0.31 per cent, to settle at 75,415.35.Commenting on Nifty technical outlook, experts said that on the downside, immediate support is placed at 23,600, below which the index may drift t…
Mumbai, May 22 (IANS) The Indian equity markets posted mild gains early on Friday tracking positive global cues, over optimism regarding US-Iran peace negotiations.As of 9.23 am, Sensex added 307 points, or 0.41 per cent, to reach 75,491 and Nifty gained 89 points, or 0.38 per cent to reach 23,744.Main broad-cap indices showed divergence with the benchmark indices, as the Nifty Midcap 100 added just 0.06 per cent, and the Nifty Smallcap 100 lost 0.02 per cent.Sectoral indices on NSE traded mixed…
Mumbai, May 19 (IANS) Indian benchmark equity indices erased their intra-day gains and closed lower on Tuesday as weakness in banking, financial and metal stocks weighed on investor sentiment.The Sensex declined 114.19 points, or 0.15 per cent, to close at 75,200.85. The Nifty settled 31.95 points, or 0.14 per cent, lower at 23,618.Commenting on Nifty technical outlook, experts said that a sustained move above the 23,700–23,800 region will be essential to strengthen recovery momentum toward th…
Mumbai, May 8 (IANS) Indian benchmark indices ended lower on Friday as renewed tensions between the United States and Iran dampened investor sentiment and triggered caution across sectors. The selloff was largely led by banking stocks, while gains in IT shares helped limit the downside.The Nifty ended 150.50 points or 0.62 per cent down at 24,176.15 and the Sensex ended 516.33 points or 0.66 per cent down at 77,328.19.Commenting on Nifty technical outlook, experts said that the 24,250–24,300 l…
Mumbai, May 7 (IANS) The Indian equity markets traded higher on Thursday in morning trade amid hopes of the US-Iran peace deal.Sensex climbed as much as 0.48 per cent, or 380 points, to hit an intraday high of 78,339.24 in early trade, while Nifty traded at 24,423.35, up 0.37 per cent or 92 points.Meanwhile, from the Nifty pack, Tata Consumer, Power Grid, Hindustan Unilever, TCS, HDFC Bank, Titan, NTPC, and Sun Pharma were among the top losers.Sectoral indices — Nifty Realty, Nifty FMCG, Nifty …
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…