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…
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Mumbai, June 30 (IANS) Indian benchmark equity indices ended lower on Tuesday as weakness in information technology stocks weighed on investor sentiment, while market participants remained cautious ahead of the scheduled US-Iran talks in Doha later in the day.The Nifty declined 80.50 points, or 0.34 per cent, to close at 23,865.75. The Sensex also slipped 249.70 points, or 0.33 per cent, to settle at 76,478.67.Commenting on Nifty technical outlook, experts said that the 24,000 zone now emerges a…
Mumbai, June 25 (IANS) Indian stock markets opened higher on Thursday as crude oil prices eased towards the $70-per-barrel mark, with tankers resuming their exit from the Strait of Hormuz following an initial peace deal between the US and Iran.Sensex started the session up 400 points or 0.52 per cent at 77,391.07, while Nifty opened at 24,125.85, gaining over 100 points or 0.43 per cent.Most sectoral indices traded in positive territory, led by Nifty Realty and Nifty Auto, gained up to 1 per cen…
Mumbai, June 24 (IANS) Indian equity benchmarks traded in a narrow range on Wednesday morning for a second consecutive session amid decline in crude oil prices.Sensex was trading at 76,348.95, up over 100 points or 0.19 per cent in early deals, while Nifty was at 23,853.75, higher by 30 points or 0.12 per cent.Sector-wise, Nifty IT led the gains, rising nearly 1 per cent, followed by Nifty MidSmall IT & Telecom (0.72 per cent), Nifty Pharma (0.68 per cent), Nifty Healthcare (0.57 per cent) a…
Mumbai, June 18 (IANS) Indian equity benchmark indices closed higher on Thursday, supported by fag-end buying and gains in PSU bank, healthcare, metal and realty stocks, even as weakness in the IT sector capped the upside.The Sensex rose 254.36 points, or 0.33 per cent, to settle at 77,409.98, while the Nifty gained 82.30 points, or 0.34 per cent, to close at 24,168.00.Commenting on Nifty technical outlook, experts said that the 24,200 level now emerges as the immediate resistance. “A sustained …
Mumbai, June 12 (IANS) Indian equity markets rose in morning session on Friday, following positive global market cues amid a fall in oil prices and reports that US President Donald Trump had cancelled plans to strike Iran, citing progress in talks.Sensex surged as much as 1.35 per cent or 1,000 points to touch an intraday high of 74,834 in early trade. Similarly, Nifty rose 1.26 per cent or about 300 points to 23,455.Sectorally, all indices traded in green. Nifty Realty emerged as the top perfor…
Mumbai, June 10 (IANS) Indian benchmark indices ended on a mixed note on Wednesday, with the Sensex closing marginally higher while the Nifty slipped into the red as selling pressure in metal, PSU bank and realty stocks erased a large part of the day’s gains.The Sensex rose 64.42 points, or 0.09 per cent, to close at 73,983.18. The Nifty, however, slipped 27.15 points, or 0.12 per cent, to settle at 23,214.95.Commenting on Nifty technical outlook, experts said that the 23,250–23,300 zone conti…
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 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…