Mumbai, March 29 (IANS) The Indian stock market ended the week on a weak note, extending its losing streak for the fifth straight week, as rising crude oil prices, a falling rupee and escalating tensions in the Middle East dampened investor sentiment. These global factors are now expected to remain the key triggers for market movement in the coming week.On Friday, (March 27), both benchmark indices — Sensex and Nifty — saw sharp declines of over 2 per cent each.The Sensex plunged 1,690 points,…
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New Delhi, March 29 (IANS) Amid the persistent foreign outflows, domestic institutional investors (DIIs) continue to provide strong support, emerging as net buyers to the tune of Rs 26,897 crore last week, effectively absorbing the selling pressure from FIIs.This continued domestic participation helped cushion the downside and provided stability near key support zones, said analysts.“Foreign institutional investors (FIIs) remained consistent net sellers throughout the week, with cumulative out…
Mumbai, March 28 (IANS) The Indian equity benchmarks closed lower for the fifth consecutive week, amid persistent geopolitical tensions, elevated crude oil prices and sustained foreign outflows.Nifty dipped 1.28 per cent during the week and declined 2.09 per cent on the last trading day to settle at 22,819. At close, Sensex was down 1,690 points or 2.25 per cent, at 73,583. It declined 1.27 per cent during the week.Both indices remained volatile and under pressure throughout the week, although t…
Mumbai, March 27 (IANS) Indian stock markets ended sharply lower on Friday, snapping a two-day winning streak, as uncertainty around ongoing talks between the United States, Israel and Iran unsettled investor sentiment.The benchmark indices saw heavy selling pressure throughout the session. The Nifty fell 2.09 per cent, or 486.85 points, to close at 22,819.60. Similarly, the Sensex dropped 2.25 per cent, or 1,690.25 points, to settle at 73,583.22.Commenting on Nifty outlook, experts said that te…
Mumbai, March 27 (IANS) Global crude oil prices remained highly volatile this week, with both the key benchmarks trading in negative on Friday.Brent crude futures fell as much as 2.29 per cent to $105.53 per barrel as of 9:40 am, while US WTI crude declined 2.54 per cent to $92.08.So far this week, Brent crude has dropped over 5 per cent, hovering near the $100 mark, while WTI crude has also fallen nearly 5 per cent to trade around $90.Meanwhile, the Indian rupee weakened by 28 paise to hit an a…
Mumbai, March 27 (IANS) Domestic equity benchmarks opened sharply lower on Friday, tracking weak global cues and elevated Brent crude prices amid fading hopes of a resolution to the Iran conflict.Nifty opened at 23,173.55, down 132.90 points or 0.57 per cent, while the Sensex fell around 400 points to 74,883.79 in early trade.Broader markets also remained under pressure, with midcap and smallcap indices traded lower.Sectorally, most indices traded in the red, led by realty, metal, PSU banks and …
Mumbai, March 26 (IANS) The Indian stock markets will remain closed for trading on Thursday on the occasion of Ram Navami.According to the stock market holiday calendar, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain shut and no trading will take place. Moreover, the Equity Segment, Equity Derivative Segment, Currency Derivatives Segments and NDS-RST and Tri Party Repo segments will remain closed for trading.The Multi Commodity Exchange of India (MCX) declared …
Mumbai, March 25 (IANS) Indian stock markets ended higher for the second straight session on Wednesday, supported by easing oil prices and positive global cues. Investor sentiment improved after US President Donald Trump reiterated that talks are ongoing to bring an end to the conflict in the Middle East.The benchmark indices saw strong gains, with the Nifty rising 1.72 per cent, or 392.70 points, to close at 23,306.45.The Sensex also advanced 1.63 per cent, or 1,205 points, to settle at 75,273….
Mumbai, March 25 (IANS) Dalal Street opened on a bullish note for the second consecutive session on Wednesday, supported by easing geopolitical concerns amid hopes of de-escalation in the West Asia conflict. Additionally, reports suggesting that Donald Trump had proposed a 15-point plan to Iran via Pakistan further enhanced investor confidence.Sensex opened around 600 points or 0.80 per cent higher at 74,652, while Nifty began trading at 23,064, up 150 points or 0.66 per cent.In early trade, the…
Mumbai, March 24 (IANS) Indian stock markets ended the session on a strong note, with benchmark indices closing near their day’s highest levels, supported by gains in auto and banking stocks.Positive sentiment among investors was also driven by hopes of easing geopolitical tensions between the United States and Iran, despite mixed signals from both sides.The Nifty rose sharply by 399.75 points, or 1.78 per cent, to settle at 22,912.40. The Sensex also posted solid gains, climbing 1,372.06 poin…