Mumbai, June 8 (IANS) Indian equity markets ended sharply lower on Monday as escalating tensions in West Asia triggered a risk-off sentiment across global markets, leading to a sell-off in domestic equities amid a spike in crude oil prices.The benchmark index Sensex declined 719.08 points, or 0.97 per cent, to close at 73,524.26, tracking weakness in global equities and rising geopolitical uncertainty.Similarly, the 50-share Nifty index fell 243.70 points, or 1.04 per cent, to settle at 23,123. …
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New Delhi, June 8 (IANS) State Bank of India (SBI), the country’s largest lender, on Monday presented a dividend cheque of Rs 8,813 crore to the Central government for the financial year 2025-26.The dividend cheque was handed over to Union Finance Minister Nirmala Sitharaman by SBI Chairman C.S. Setty.The Finance Minister’s Office shared the development on social media platform X, stating that FM Sitharaman received the dividend cheque from the SBI Chairman.“Finance Minister Nirmala Sitharaman…
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 7 (IANS) Indian equity markets are expected to remain range-bound in the coming week, with experts pointing to a mixed technical setup for benchmark indices Sensex and Nifty, even as domestic policy support offers some cushion against weak global cues.According to market experts, the overall outlook for Nifty remains cautious, with momentum indicators showing weakening strength.“From a technical perspective, the RSI on the weekly timeframe is placed near 39.64, indicating weakenin…
Mumbai, June 7 (IANS) Indian equity markets are likely to remain volatile in the coming week as investors track escalating geopolitical tensions in West Asia, the Reserve Bank of India’s latest policy stance, persistent foreign fund outflows and rising US bond yields. The benchmark indices ended the previous week in negative territory, and analysts believe these developments could continue to influence market direction when trading resumes on Monday.The Indian stock market closed lower on Friday…
Mumbai, June 7 (IANS) The Nasdaq crash in the US by about 5 per cent is an indication that the AI bubble may burst and if the AI trade cools down and reverse, that can trigger reversal of foreign portfolio investors (FPI) outflows to the Indian markets, analysts said on Sunday.In May, FPIs net sold equity for Rs 32,963 crore. The sustained selling continued in early June, too. The total selling in June (up to 6th) stood at Rs 42,926 crore, taking the total selling in 2026, so far, to Rs 283,662 …
Mumbai, June 6 (IANS) The Indian equity benchmarks posted notable losses during the week as domestic policy measures were mildly offset by persistent external uncertainties.Nifty lost 0.77 per cent during the week and dipped 0.21 per cent on the last trading day to reach 23,366. At close, Sensex was down 116 points, or 0.16 per cent, at 74,243. It declined 0.71 per cent during the week.Geopolitical tensions in West Asia and their influence on crude prices continued to weigh on investor sentiment…
Mumbai, June 5 (IANS) Indian equity markets ended lower on Friday as investors reacted to the Monetary Policy Committee (MPC) decision and continued to assess global economic uncertainties.The benchmark indices closed lower, with the Nifty declining 49.85 points, or 0.21 per cent, to settle at 23,366.70. The Sensex also slipped 116.67 points, or 0.16 per cent, to close at 74,243.34.Commenting on Nifty technical outlook, experts said that the 23,450–23,550 region continues to serve as a key imm…
New Delhi, June 5 (IANS) Indian equity markets traded higher in the morning session on Friday ahead of a key central bank policy decision as investors awaited cues on how the central bank plans to address inflation and currency pressures amid elevated energy prices driven by geopolitical tensions in West Asia.Sensex jumped as much as 0.48 per cent or 357 points to 74,717.57, hitting an intraday high in early trade. Similarly, Nifty was trading 0.42 per cent or 100 points higher at 23,516.Sector-…
Mumbai, June 4 (IANS) Indian equity markets ended largely flat in a range-bound session on Thursday as investors remained cautious ahead of the Reserve Bank of India’s Monetary Policy Committee (MPC) decision, which is set to be announced on Friday.The Nifty closed 10.95 points or 0.05 per cent higher at 23,416.55, while the Sensex ended marginally up by 13.84 points or 0.02 per cent at 74,360.01.Commenting on technical outlook, experts said that 23,500 remains the critical decision zone for t…