Mumbai, July 24 (IANS) Indian equity benchmarks extended their losing streak to a fifth consecutive session on Friday, marking their longest stretch of declines since the first week of January, as investors remained cautious amid concerns over the inflation and growth outlook in the backdrop of elevated crude oil prices.The Sensex declined 332 points, or 0.43 per cent, to close at 76,059.77, while the Nifty fell 102.15 points, or 0.43 per cent, to settle at 23,767.45.Commenting on Nifty technica…
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Mumbai, July 22 (IANS) The Indian equity markets posted notable losses early on Wednesday, weighed down by the US-Iran conflict and rising Brent crude prices.Sensex lost 371 points, or 0.48 per cent, to reach 77,097 in morning trade while Nifty shed 106 points, or 0.44 per cent, to reach 24,081.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 lost 0.16 per cent, and the Nifty Smallcap 100 dipped 0.33 per cent.Sectoral indices on NSE traded mostly in re…
Mumbai, June 26 (IANS) Indian stock exchanges — the National Stock Exchange (NSE) and the BSE — remained closed on Friday on account of Muharram, with trading suspended across all equity market segments, including equity derivatives, currency derivatives, securities lending and borrowing (SLB).Meanwhile, in the commodity segment, the Multi Commodity Exchange (MCX) remained closed during the morning session from 9 am to 5 pm.Trading on the commodity exchange will resume in the evening session f…
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…
Mumbai, May 10 (IANS) Indian equity benchmarks ended lower on Friday amid rising geopolitical tensions after reported clashes between Iran and the US near the Strait of Hormuz dampened investor sentiment. Despite the weakness, market experts believe the broader trend for both the Sensex and Nifty remains positive, although volatility could persist in the near term.The Nifty declined 0.55 per cent to settle at 24,193, while the Sensex fell 0.67 per cent to close at 77,321.However, both benchmark …
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 23 (IANS) The Indian equity markets posted sharp losses early on Thursday tracking cautious global cues and sustained foreign institutional selling, after the recent rally.As of 9.25 am, Sensex lost 671 points, or 0.85 per cent, to reach 77,845 and Nifty dipped 179 points, or 0.74 per cent, to reach 24,198.Main broad-cap indices showed divergence with the benchmark indices, as the Nifty Midcap 100 dipped 0.34 per cent, and the Nifty Smallcap 100 lost 0.16 per cent.All sectoral indi…
Mumbai, March 25 (IANS) Dalal Street opened on a bullish note for the second consecutive session on Wednesday, supported by easing geopolitical concerns amid hopes of de-escalation in the West Asia conflict. Additionally, reports suggesting that Donald Trump had proposed a 15-point plan to Iran via Pakistan further enhanced investor confidence.Sensex opened around 600 points or 0.80 per cent higher at 74,652, while Nifty began trading at 23,064, up 150 points or 0.66 per cent.In early trade, the…