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 …
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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…
Mumbai, March 18 (IANS) Equity frontline indices opened higher on Wednesday, extending gains for the third consecutive session as markets bounced back from last week’s sharp correction triggered by the West Asia conflict.Sensex opened at 76,367, up 296 points or 0.39 per cent, while the Nifty started about 50 points higher at 23,632, registering a gain of 0.22 per cent.In the broader market, smallcap stocks witnessed the sharpest uptick. The Nifty Smallcap 50 rose 0.51 per cent, while the Nift…
Mumbai, March 13 (IANS) Indian equity markets ended sharply lower on Friday as rising tensions in the Middle East weighed on investor sentiment and triggered broad-based selling across sectors.The benchmark indices, Nifty and Sensex, closed deep in the red as concerns over the prolonged US-Iran conflict intensified fears of a gas supply crunch and higher energy costs.The Nifty declined 488.05 points, or 2.06 per cent, to settle at 23,151.10. Meanwhile, the Sensex dropped 1,470.50 points, or 1.93…
Mumbai, March 13 (IANS) The Indian equity markets opened sharply lower early on Friday as crude oil prices due to the US-Iran war weighed on investor sentiments.As of 9.25 am, Sensex lost 516 points, or 0.68 per cent, to reach 75,517 and Nifty eased 174 points, or 0.74 per cent, to reach 23,464.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 declined 0.84 per cent, and the Nifty Smallcap 100 lost 1.08 per cent.All sectoral indices traded in red except…
Mumbai, March 12 (IANS) Indian benchmark equity indices ended lower on Thursday as volatility in global oil prices dampened investor sentiment and triggered selling across sectors.The Nifty declined 0.95 percent, or 227.70 points, to close at 23,639.15. Meanwhile, the Sensex fell 1.08 percent, or 829.29 points, to settle at 76,034.42.Commenting on Nifty technical outlook, experts said that on the downside, 23,500 and 23,000 remain key demand zones, supported by strong put open interest that coul…
Mumbai, March 12 (IANS) Indian stock markets opened sharply lower on Thursday as rising crude oil prices and growing geopolitical tensions between the United States and Iran weighed on investor sentiment. Benchmark indices fell in early trade after Brent crude crossed the key mark of $100 per barrel, raising concerns about inflation and economic stability.The Sensex dropped 972.99 points, or 1.27 per cent, to 75,890.72 in early trading. The Nifty also slipped 299.45 points, or 1.22 per cent, to …