Mumbai, April 20 (IANS) Indian equity markets ended Tuesday’s session on a flat note, with benchmark indices giving up most of their intra-day gains amid rising geopolitical concerns in West Asia that dampened investor sentiment.The Nifty closed marginally higher by 11.30 points, or 0.05 per cent, at 24,364.85, while the Sensex inched up 27 points, or 0.03 per cent, to settle at 78,520.30.Commenting on Nifty technical outlook, experts said that going forward, the 24,400–24,500 zone remains a…
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Mumbai, April 20 (IANS) Global crude oil prices rebounded on Monday towards the $100 per barrel mark amid fresh escalations in the West Asia conflict.The international benchmark Brent crude futures rose as much as 7.18 per cent to hit an intraday high of $96.87 per barrel, while US West Texas Intermediate (WTI) crude traded at $91.20, up 8.76 per cent from the previous close.On the domestic front, crude on the Multi Commodity Exchange (MCX) traded at Rs 8,289, an increase of 6.72 per cent from t…
Mumbai, April 20 (IANS) Domestic equity benchmarks traded in negative territory early on Monday over fresh US-Iran conflict in the Strait of Hormuz, despite positive cues from global markets and positive earnings from banking firms.Sensex traded at 78,261, down 0.29 per cent or 232 points in early trade, while Nifty declined as much as 0.46 per cent, or over 100 points, to 24,241 amid selling pressure in realty, metal, and energy stocks.Hindalco Industries, TMPV, Eternal, HDFC Life, HDFC Bank, B…
Mumbai, April 19 (IANS) As many investors chase quick gains in low-priced shares, at least 7 penny stocks have emerged as major losers in calendar year 2026 so far, plunging between 40 per cent and 70 per cent amid high volatility and weak fundamentals.The sharp decline in these stocks comes despite their popularity among retail investors looking for high-return opportunities with minimal initial investment.The underperformers were identified through a screening strategy that focused on companie…
New Delhi, April 19 (IANS) Investors remain keen on cues from the US-Iran negotiations, global crude oil price trend and ongoing Q4 FY26 earnings commentary to assess market trends this week, analysts said on Sunday.Market participants said that softer crude prices, improving global cues and more stable flows are supporting the recovery this week.Indian equity markets need a follow‑through buying to confirm a durable uptrend even as easing Middle East tensions support the uptrend, they said.”D…
Mumbai, April 18 (IANS) The Indian benchmark indices closed on a strong note this week, supported by optimism surrounding US–Iran peace talks.Additionally, appreciation in the rupee and a cooling in crude oil prices kept trader sentiment upbeat, leading to broad-based buying across sectors, said analysts.At close on Friday, Sensex surged by 504.86 points or 0.65 per cent to settle at 78,493.54, while Nifty gained 156.80 points or 0.65 per cent to close at 24,353.55. On the sectoral front, buyi…
Mumbai, April 17 (IANS) The recent correction in the stock market amid geopolitical tensions has pushed the valuations of top Nifty stocks to the 17th percentile, despite significant FII selling of $12.7 billion, highlighting resilience in large-cap stocks and potential buying opportunities, a report has said.A report by DSP Mutual Fund noted that despite $12.7 billion worth of FII selling in March 2026, the largest 10 stocks in the Nifty have shown remarkable resilience, with no significant dis…
Mumbai, April 17 (IANS) Mastek on Friday reported a 2 per cent decline in consolidated net profit for the fourth quarter ended March 2026 (Q4 FY26) at Rs 106.15 crore, compared to Rs 108.35 crore in the previous quarter (Q3 FY26). The company’s revenue from operations increased 3.6 per cent sequentially to Rs 938 crore, up from Rs 905.68 crore in the December quarter, according to its stock exchange filing.However, earnings before interest and tax (EBIT) fell 1 per cent to Rs 132.28 crore from…
Mumbai, April 17 (IANS) Indian equity markets ended on a strong note on Friday, with benchmark indices Nifty and Sensex closing higher as investors remained cautiously optimistic ahead of the second round of US-Iran talks scheduled over the weekend.The Nifty rose 0.65 per cent, or 156.80 points, to settle at 24,353.55, while the Sensex gained 504.86 points, or 0.65 per cent, to end the session at 78,493.54.Commenting on Nifty technical outlook, experts said that the immediate hurdle is seen at t…
Mumbai, April 17 (IANS) Vedanta Limited on Friday said it has secured a $125 million external commercial borrowing deal, but the agreement comes with strict conditions, including a restriction on diluting its stake in subsidiary Hindustan Zinc Limited and a mandate to retain majority ownership until the loan is fully repaid.The company signed a facility agreement on April 14 with JPMorgan Chase Bank N.A., acting through its GIFT City branch as the mandated lead arranger and bookrunner, while als…