Mumbai, July 27 (IANS) Indian benchmark equity indices snapped their five-session losing streak on Monday, buoyed by a sharp decline in crude oil prices after the United States and Iran paused military strikes, easing concerns over a prolonged geopolitical conflict.The Sensex surged 776.29 points, or 1.02 per cent, to close at 76,835.78, while the Nifty climbed 229.40 points, or 0.96 per cent, to settle at 23,995.95, nearly reclaiming the 24,000 mark.Commenting on Nifty technical outlook, expert…
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Mumbai, July 24 (IANS) Domestic equity markets opened lower on Friday, with benchmark indices declining almost 1 per cent each amid heightened global uncertainty and a surge in crude oil prices, with Brent crude crossing the $100-per-barrel mark.Sensex opened 683.20 points or 0.89 per cent lower at 75,708.19, while Nifty declined 203.25 points or 0.85 per cent to 23,666.35.All sectoral indices traded in the red, with realty, metal and financial stocks witnessing the sharpest declines.Nifty Realt…
Mumbai, July 23 (IANS) Indian equity benchmark indices extended their losing streak for a fourth consecutive session on Thursday as rising crude oil prices, triggered by fresh escalation in tensions between the United States and Iran, weighed on investor sentiment.The Sensex declined 364 points, or 0.47 per cent, to close at 76,391.39, while the Nifty fell 127 points, or 0.53 per cent, to settle at 23,869.60.Commenting on Nifty technical outlook, experts said that the 24,000 mark, which previous…
Mumbai, July 23 (IANS) Domestic equity benchmarks opened lower on Thursday amid weak global cues and rising geopolitical tensions in West Asia.Sensex opened at 76,515.10, down 239.95 points or 0.31 per cent, while Nifty started the session at 23,904.80, slipping 91.45 points or 0.38 per cent.Sector-wise, Nifty Oil & Gas was the worst performer, declining nearly 1 per cent. It was followed by Nifty Pharma, Nifty Realty, Nifty PSU Bank, Nifty 500 Healthcare, Nifty Cement and Nifty Private Bank…
Mumbai, July 22 (IANS) Domestic equity markets ended sharply lower on Tuesday, extending losses for a third straight trading session, as selling pressure in realty and PSU banking stocks, along with rising crude oil prices amid tensions in West Asia, weighed on investor sentiment.The Sensex declined 715.06 points, or 0.92 per cent, to close at 76,755.05, while the Nifty fell 191.45 points, or 0.79 per cent, to settle at 23,996.25, slipping below the psychologically important 24,000 level.Comment…
Mumbai, July 20 (IANS) Domestic equity markets opened lower on Monday, tracking weak global cues and spike in crude oil prices amid escalating tensions in the Middle East kept investors cautious.Sensex fell over 500 points or 0.7 per cent to an intraday low of 77,591 in early trade, while Nifty started the session 144 points or 0.6 per cent lower at 24,190.05.Sectorally, selling pressure was concentrated in financial stocks, with Nifty Private Bank index dropping more than 2 per cent, followed b…
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…
Mumbai, July 16 (IANS) Indian stock markets ended flat on Thursday as investors remained cautious amid geopolitical uncertainties, fluctuating crude oil prices and weak Asian market trends, while financial stocks dragged the benchmarks lower.Sensex settled at 77,186.87, up 1.44 points, while Nifty ended 5.75 points or 0.02 per cent lower at 24,072.75.During the intraday trade, the 30-share index jumped as much as 0.51 per cent or 394 points to 77,579.69 from the previous close, while touching an…
Mumbai, July 9 (IANS) Benchmark equity indices rebounded on Thursday, with the Sensex gaining over 238 points and the Nifty closing above the 23,960 mark as buying in realty, consumer durables and PSU bank stocks lifted investor sentiment.The Sensex rose 238.22 points, or 0.31 per cent, to settle at 76,741.82, while the Nifty advanced 80.75 points, or 0.34 per cent, to close at 23,962.80.Commenting on Nifty technical outlook, experts said that the 24,100–24,200 range remains an immediate resis…
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…