Mumbai, Jan 17 (IANS) The Indian equity benchmarks closed this week almost unchanged amid optimism towards Q3 earnings and renewed India-US trade discussions, even as caution persisted due to increasing geopolitical tensions.Profit-booking in pharma, consumer durables, and autos weighed on indices during the week, while PSU banks and metals outperformed.Nifty added 0.04 per cent during the week and 0.11 per cent on the last trading day, to touch 25,694. At close, the Sensex was up 187 points or …
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Mumbai, Jan 12 (IANS) Indian stock markets bounced back on Monday, ending their five-day losing streak after positive signals from the United States lifted investor confidence.Market sentiment improved sharply after US Ambassador to India Sergio Gor said that the US and India would begin trade talks as early as Tuesday.His statement triggered fresh buying across key sectors, helping the benchmark indices recover strongly from their day’s lows.The Sensex jumped nearly 1,100 points from its lowe…
Mumbai, Jan 5 (IANS) Indian equity markets closed lower on Monday after a volatile trading session, as selling pressure in information technology and oil and gas stocks weighed on overall sentiment. Markets also remained cautious amid mixed global cues following a US military operation in Venezuela that resulted in the capture of President Nicolas Maduro.At the close of trade, the Nifty ended at 26,250.30, slipping 78.25 points or 0.3 per cent.“The 26,300–26,350 band now stands as a key over…