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…
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Mumbai, June 24 (IANS) Indian benchmark equity indices ended sharply higher on Wednesday, supported by strong buying in information technology, banking, financial, and realty stocks.The Sensex climbed 790.54 points, or 1.04 per cent, to close at 76,991.22, while the Nifty advanced 197.55 points, or 0.83 per cent, to settle at 24,021.65.Commenting on Nifty technical outlook, experts said that the 24,100 region continues to act as the immediate resistance zone.”A sustained breakout above this leve…
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 19 (IANS) Both the Indian indices ended lower in Friday’s session as IT shares dropped sharply following dismal sales and top-line outlook from their global peer Accenture.At the closing bell, the 50-share index Nifty was at 24,013.10, down by 155 points or 0.64 per cent. The Sensex followed suit and fell 0.78 per cent or 608 points to 76,802.90.Commenting on Nifty technical outlook, experts said that the 24,100–24,200 region continues to act as the immediate resistance zone.“…
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 benchmarks rallied sharply on Friday, with the Sensex soaring nearly 1,700 points and the Nifty reclaiming the 23,600 mark, as investor sentiment improved on hopes of a potential peace agreement between the United States and Iran.The Sensex closed at 75,527.95, gaining 1,695.40 points, or 2.30 per cent, from its previous close of 73,832.55. The 30-share index opened at 74,709.27 and touched an intra-day high of 75,608.02 before settling near the day’s peak.Th…
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…
New Delhi, June 9 (IANS) Indian equity markets ended higher on Tuesday, supported by late buying in select sectors such as PSU banks, financial services, and automobiles, while improving global risk sentiment also aided investor confidence.The benchmark indices closed in the green, with the Nifty rising 119.10 points, or 0.52 per cent, to settle at 23,242.10.The Sensex also gained momentum towards the fag end of the session and ended 394.50 points, or 0.54 per cent, higher at 73,918.76.Commentin…
Mumbai, June 8 (IANS) Indian equity markets ended sharply lower on Monday as escalating tensions in West Asia triggered a risk-off sentiment across global markets, leading to a sell-off in domestic equities amid a spike in crude oil prices.The benchmark index Sensex declined 719.08 points, or 0.97 per cent, to close at 73,524.26, tracking weakness in global equities and rising geopolitical uncertainty.Similarly, the 50-share Nifty index fell 243.70 points, or 1.04 per cent, to settle at 23,123. …