Mumbai, May 19 (IANS) Domestic equity markets traded higher on Tuesday in early trade amid hopes of a de-escalation in the West Asia conflict after US President Donald Trump indicated a possible nuclear deal with Iran.Sensex rose as much as 368 points or 0.48 per cent to hit an intraday high of 75,683 in morning trade, while Nifty was trading at 23,758, up 110 points or 0.45 per cent.Sectorally, IT stocks led the gains, with the Nifty IT index surging 4 per cent. Similarly, the Nifty MidSmall IT…
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Mumbai, May 18 (IANS) Indian equity benchmarks erased most of their intra-day losses to end marginally higher on Monday, aided by strong buying in information technology stocks even as investors continued to track developments in West Asia.The benchmark Nifty closed 6.45 points, or 0.03 per cent, higher at 23,649.95, while the Sensex gained 77.05 points, or 0.10 per cent, to settle at 75,315.04. Both indices had traded in negative territory for most of the session before recovering in late trade…
Mumbai, May 18 (IANS) The upcoming Nifty rejig could lead to estimated inflows of around $657 million, with BSE Ltd likely to be included in the benchmark index, replacing IT giant Wipro Ltd, a report has said.A report by domestic brokerage Axis Capital said the NSE indices rebalancing announcement is expected in the second half of August 2026, with changes effective from September 30, 2026.The eligibility assessment is based on six-month average data for the period February 1 to July 31, while …
Mumbai, May 18 (IANS) Domestic equity markets opened sharply lower on Monday, with benchmark indices declining 1 per cent in morning trade amid elevated crude oil prices and rising geopolitical tensions in West Asia following the conflict between the US and Iran.Sensex declined as much as 892 points or 1.18 per cent to hit an intraday low of 74,345 in early trade, while Nifty slipped 272 points or 1.15 per cent to 23,371.Earlier in the day, the Sensex opened at 74,807.97, down 430 points or 0.57…
Mumbai, May 17 (IANS) The combined market valuation of nine of the country’s top-10 most valued companies declined by Rs 3.12 lakh crore last week amid a sharp sell-off in domestic equities triggered by rising geopolitical tensions, weakness in the rupee, and surging crude oil prices.The broader market sentiment remained under pressure as the 30-share Sensex plunged 2,090.2 points, or 2.7 per cent, during the week, while the Nifty dropped 532.65 points, or 2.2 per cent.Among the top-10 valued …
Mumbai, May 17 (IANS) Indian benchmark indices Sensex and Nifty snapped their two-session winning streak on Friday amid profit booking triggered by weak global cues, rising crude oil prices, and continued pressure on the Indian rupee. Investors are now expected to closely track geopolitical developments in the Middle East, oil price movement, ongoing corporate earnings, and currency fluctuations in the coming week.The 30-share Sensex declined 161 points, or 0.21 per cent, to settle at 75,237.99,…
Mumbai, May 16 (IANS) Domestic equity markets witnessed another week of sharp correction, with benchmark indices declining over 2 per cent each amid rising crude oil prices and ongoing geopolitical tensions in West Asia.Nifty declined by 2.2 per cent or 532 points during the week to close at 23,643.5 against the previous Friday’s closing, while Sensex dropped 2.7 per cent or over 2,000 points to end at 75,238.Meanwhile, broader markets remained under heavier pressure, with the mid-cap index fall…
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…
New Delhi, May 15 (IANS) The central government’s defensive measures to protect financial stability, including a gold import duty hike to 15 per cent may trim the current account deficit by about 23 bps, a report said on Friday.Markets have partly priced post‑war normalcy but face fresh strain as crude holds at $100–110, and Nifty could slide to 21,000 if the energy shock persists, the report from domestic brokerage Emkay Global Financial Services Ltd said.However, the gold import duty hike …
Mumbai, May 15 (IANS) Indian equity markets traded flat in early trade on Friday amid mixed global cues from Asian and US markets.Nifty was trading at 23,663, down 0.11 per cent or 26.25 points from the previous close, while Sensex was at 75,251, lower by 0.2 per cent or 147 points in the morning session.On the sectoral front, indices such as Nifty Metal, Nifty Realty, and Nifty Oil & Gas were among the top losers, declining up to 1 per cent. Meanwhile, Hindalco Industries, Trent, Bharat Ele…