Mumbai, June 15 (IANS) Indian equity benchmark indices ended sharply higher on Monday as investor sentiment improved after the United States and Iran announced a peace agreement, easing geopolitical concerns and lifting risk appetite across global markets.The benchmark Sensex rallied 736.38 points, or 0.97 per cent, to close at 76,264.33, while the Nifty gained 231 points, or 0.98 per cent, to settle at 23,853.90.Commenting on Nifty technical outlook, experts said that the 24,000 mark remains an…
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New Delhi, June 15 (IANS) The Indian rupee strengthened by 58 paise against the US dollar on Monday as global crude oil prices tumbled after US President Donald Trump announced that Washington and Tehran had finalised a peace deal and agreed to reopen the Strait of Hormuz.The domestic currency opened at 94.70 against the greenback in the interbank foreign exchange market and further appreciated to 94.60, a gain of 58 paise from its previous close. In the last session, the rupee had settled 67 pa…
New Delhi, June 15 (IANS) Global crude oil prices declined by nearly 5 per cent on Monday after the United States and Iran reached an agreement and announced the reopening of the Strait of Hormuz, easing concerns over disruptions to global energy supplies.The international oil benchmark Brent crude fell as much as 4.90 per cent to $83.05 per barrel in early trade, while US West Texas Intermediate (WTI) crude plunged 5.74 per cent to around $80 per barrel.According to market experts, Asian equiti…
Mumbai, June 15 (IANS) Domestic equity markets opened sharply higher on Monday after US President Donald Trump announced that a deal with Iran had been finalised and the Strait of Hormuz would be reopened.Sensex began the session with a surge of around 1,200 points or 1.6 per cent at 76,725.27 while Nifty opened around 360 points or 1.53 per cent higher at 23,984.85.Sectorally, Nifty Realty surged 2.59 per cent, followed by Nifty Cement, which gained 2.46 per cent, while Nifty Auto advanced 1.92…
Mumbai, June 13 (IANS) The Indian equity benchmarks posted notable gains this week after two weeks of consecutive losses, over investor optimism about potential US-Iran peace agreement, and decline in Brent crude prices.Nifty added 1.10 per cent during the week and gained 1.99 per cent on the last trading day to reach 23,622. At close, Sensex was up 1,695 points or 2.30 percent at 75,527. It added 1.73 per cent during the week.The Indian equities showed structural resilience in a turbulent week,…
Mumbai, June 12 (IANS) Indian equity benchmarks rallied sharply on Friday, with the Sensex soaring nearly 1,700 points and the Nifty reclaiming the 23,600 mark, as investor sentiment improved on hopes of a potential peace agreement between the United States and Iran.The Sensex closed at 75,527.95, gaining 1,695.40 points, or 2.30 per cent, from its previous close of 73,832.55. The 30-share index opened at 74,709.27 and touched an intra-day high of 75,608.02 before settling near the day’s peak.Th…
Mumbai, June 12 (IANS) Indian equity markets rose in morning session on Friday, following positive global market cues amid a fall in oil prices and reports that US President Donald Trump had cancelled plans to strike Iran, citing progress in talks.Sensex surged as much as 1.35 per cent or 1,000 points to touch an intraday high of 74,834 in early trade. Similarly, Nifty rose 1.26 per cent or about 300 points to 23,455.Sectorally, all indices traded in green. Nifty Realty emerged as the top perfor…
Mumbai, June 11 (IANS) Indian equity benchmark indices ended a volatile trading session lower on Thursday as investor sentiment weakened amid escalating geopolitical tensions in West Asia following fresh military action by the United States against Iran.The Nifty closed 53.35 points, or 0.23 per cent, lower at 23,161.60, while the Sensex declined 150.63 points, or 0.20 per cent, to settle at 73,832.55.Commenting on Nifty technical outlook, experts said that the 23,300-23,400 zone now acts as an …
Mumbai, June 11 (IANS) Domestic equity benchmarks traded lower on Thursday in the morning session amid escalating tensions in West Asia and a sharp rise in crude oil prices.Sensex declined over 450 points or 0.62 per cent to touch an intraday low of 73,518 in early trade. Similarly, Nifty slipped more than 100 points or 0.61 per cent to an intraday low of 23,072.Sectorally, IT stocks led the decline, with the Nifty IT index tumbling more than 2 per cent. Nifty MidSmall IT & Telecom, Nifty Ce…
Mumbai, June 10 (IANS) Indian benchmark indices ended on a mixed note on Wednesday, with the Sensex closing marginally higher while the Nifty slipped into the red as selling pressure in metal, PSU bank and realty stocks erased a large part of the day’s gains.The Sensex rose 64.42 points, or 0.09 per cent, to close at 73,983.18. The Nifty, however, slipped 27.15 points, or 0.12 per cent, to settle at 23,214.95.Commenting on Nifty technical outlook, experts said that the 23,250–23,300 zone conti…