Mumbai, June 8 (IANS) Gold and silver prices traded lower on Monday, with precious metals falling by nearly 4 per cent amid escalating tensions in the West Asia conflict, a volatile global macroeconomic environment and surging crude oil prices.On the Multi Commodity Exchange (MCX), gold futures (August contract) declined as much as 1.85 per cent or Rs 2,882 to hit an intraday low of Rs 1,52,712 at around 12:30 pm.The yellow metal was trading at Rs 1,53,550, down over 1 per cent or Rs 2,044. It t…
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Mumbai, June 8 (IANS) Indian equities opened sharply lower on Monday, with benchmark indices falling 1 per cent each amid escalating tensions in West Asia, rising crude oil prices and weak global cues.Sensex opened at 73,421.61, down over 800 points or 1.11 per cent, while Nifty began the session at 23,080.70, declining 286 points or 1.22 per cent.Sector-wise, selling pressure was seen across realty, metal, auto and information technology stocks, which witnessed the sharpest declines. Realty sto…
Mumbai, June 4 (IANS) Domestic equity markets opened lower on Thursday, tracking weak global cues amid geopolitical uncertainty in West Asia and selling pressure across the US and Asian equities.Sensex opened at 73,935.83, down 0.55 per cent or 410 points, while Nifty fell over 100 points or 0.5 per cent.Sectoral indices, Nifty Realty declined 0.67 per cent, Nifty IT was down 0.53 per cent. Similarly, pharma and healthcare indices decreased by up to 0.5 per cent.In contrast, Nifty Consumer Durab…
New Delhi, June 2 (IANS) Global crude oil prices traded lower on Tuesday after posting sharp gains in the previous session as markets continued to assess uncertainty surrounding US-Iran negotiations.International benchmark Brent crude was trading around 1 per cent lower at $94.04 per barrel. Similarly, US West Texas Intermediate (WTI) crude declined more than 1 per cent to $91.14 per barrel.In the domestic market, crude oil futures for June delivery were trading at Rs 8,708, down Rs 28 or 0.32 p…
Mumbai, June 1 (IANS) Indian equity benchmarks started the month on a strong note on Monday, trading higher in early deals despite elevated oil prices and ongoing geopolitical tensions, with both indices gaining almost 1 per cent.Sensex rose nearly 600 points or 0.8 per cent to hit an intraday high of 75,367, while Nifty climbed 185 points or 0.78 per cent to trade at 23,733.Sectoral trends remained largely positive, led by IT stocks. Nifty IT emerged as the top sectoral gainer, rising around 2 …
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 21 (IANS) Indian equity markets traded higher on Thursday in early deals amid hopes of easing tensions in West Asia after Iran said it was reviewing latest proposal to end the conflict.In the morning trade, Sensex jumped as much as 0.83 per cent or 627 points to hit an intraday high of 75,945, while Nifty traded 0.84 per cent or 200 points higher at 23,859.On the sectoral front, realty stocks led the gains, with the Nifty Realty index rising 1.5 per cent. Nifty Cement advanced 1 per …
Mumbai, May 20 (IANS) Indian stock markets opened lower on Wednesday, mirroring weak global cues from the US and Asian markets amid rising bond yields and geopolitical tensions in West Asia.Sensex opened at 74,806.49, down 394.36 points or 0.52 per cent, while Nifty began the session at 23,457.25, slipping 160.75 points or 0.68 per cent.Later in the morning trade, the 30-share index declined as much as 671 points or 0.89 per cent to hit an intraday low of 74,529. Similarly, the Nifty fell 220 po…
New Delhi, May 18 (IANS) Bitcoin slid to its weakest level in May on Monday over escalating macroeconomic concerns tied to the US‑Iran conflict, causing overall crypto market weakness.The world’s largest cryptocurrency dropped to $76,711 before it recovered some losses to trade at $76,985.11 as of 2.25 pm. Major digital assets such as Ether and Solana also traded lower.Nearly $500 million of long positions were liquidated within about 15 minutes during early Asian trading hours, according to…