Mumbai, May 15 (IANS) Indian benchmark equity indices ended lower on Friday as late-session selling pressure dragged the markets down amid weakness in the rupee against the US dollar and a sharp rise in crude oil prices.The benchmark Nifty closed 46.10 points, or 0.19 per cent, lower at 23,643.50, while the Sensex declined 160.73 points, or 0.21 per cent, to settle at 75,237.99.Commenting on Nifty technical outlook, experts said that a sustained breakout above this zone will be required to stren…
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Mumbai, May 12 (IANS) Indian equity benchmarks extended their losses for a second straight session on Tuesday as escalating tensions in West Asia, surging crude oil prices and concerns over the broader economic fallout triggered a sharp selloff across sectors.The 30-share Sensex plunged 1,456.04 points, or 1.92 per cent, to close at 74,559.24, while the Nifty declined 436.3 points, or 1.83 per cent, to settle at 23,379.55.Commenting on Nifty technical outlook, experts said that 23,300 now acts a…
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, April 29 (IANS) Indian equity benchmarks ended higher on the Wednesday but surrendered a large portion of their intra-day gains as a sharp rise in global crude oil prices weighed on investor sentiment.The Nifty closed at 24,177.65, up 0.76 per cent or 181.95 points, while the Sensex settled at 77,496.36, gaining 0.79 per cent or 609.45 points.From a technical standpoint, experts said that on the upside, 24,200 remains the first resistance.“On the downside, a breach of the 24,000–24,1…
Mumbai, April 29 (IANS) Domestic equity markets traded higher on Wednesday despite a rise in crude oil prices and reports that the United States may extend its blockade of Iranian ports.Sensex traded 0.52 per cent, or 400 points, higher at 77,289.55, hitting an intraday high in early trade, while Nifty rose 0.53 per cent, or 127.8 points, to 24,123.55.Sector-wise, buying interest was seen in auto, chemicals, realty, energy and IT stocks.Nifty Auto, Nifty Chemicals, Nifty Realty, Nifty Oil & …
Mumbai, April 28 (IANS) Domestic equity markets traded lower in early morning session on Tuesday as investors remained cautious amid persistent geopolitical tensions between the US and Iran.Sensex declined as much as 0.42 per cent or 330 points to hit an intraday low of 76,973, while Nifty slipped 0.38 per cent, or 93 points, to trade at 23,999 in the early hours.On the sectoral front, Nifty PSU Bank, Nifty Private Bank, Nifty Pharma, Nifty Healthcare and Nifty FMCG indices were among the top la…
Mumbai, April 27 (IANS) Indian equity benchmarks closed near the day’s high on improved investor sentiment after India-New Zealand FTA finalised in the national capital.The agreement which sealed in the presence of Commerce Minister Piyush Goyal and his New Zealand counterpart Todd McClay removes tariffs on 100 per cent of India’s exports to New Zealand, and either sharply reduces or removes tariffs on 95 per cent of the country’s imports from New Zealand.At the closing bell, the Nifty end…
Mumbai, April 27 (IANS) Indian stock markets traded higher in early deals on Monday, with benchmark indices surging about 0.6 per cent each, driven by positive global cues. Sensex traded at 77,121.97, up 0.59 per cent or 457 points in early trade, while Nifty climbed to 24,047, rising 150 points or 0.62 per cent from the previous close, led by buying in realty, pharma, IT, auto, and banking stocks.However, Axis Bank, Shriram Finance, and Bajaj Finance were among the top laggards.Earlier in the s…
Mumbai, April 23 (IANS) The Indian equity markets ended sharply lower for the second consecutive session on Thursday, with benchmark indices declining about 1 per cent each amid escalating tensions in West Asia over the Strait of Hormuz.Sensex settled at 77,664, down 852 points or 1.09 per cent, while Nifty closed at 24,173, losing 205 points or 0.84 per cent as selling pressure intensified across auto, banking, IT and realty stocks. Major laggards included Tech Mahindra, Infosys, Tata Motors Pa…
Mumbai, April 21 (IANS) Indian equity benchmarks extended their gains for a third consecutive session on Tuesday, as investor sentiment improved amid expectations that the United States and Iran may prolong their ceasefire during upcoming talks.The Nifty and the Sensex ended higher, supported by buying in select heavyweight stocks and optimism around easing geopolitical tensions in West Asia.At the closing bell, the Nifty was at 24,576.60, up by 0.87 per cent or 211.75 points. The Sensex ended t…