Mumbai, April 23 (IANS) The Indian equity markets posted sharp losses early on Thursday tracking cautious global cues and sustained foreign institutional selling, after the recent rally.As of 9.25 am, Sensex lost 671 points, or 0.85 per cent, to reach 77,845 and Nifty dipped 179 points, or 0.74 per cent, to reach 24,198.Main broad-cap indices showed divergence with the benchmark indices, as the Nifty Midcap 100 dipped 0.34 per cent, and the Nifty Smallcap 100 lost 0.16 per cent.All sectoral indi…
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Mumbai, April 22 (IANS) Indian equity benchmarks ended lower on Wednesday, snapping a three-day winning streak as weakness in IT stocks and global uncertainty weighed on sentiment. The decline came amid concerns over prolonged geopolitical tensions in West Asia following stalled talks between the United States and Iran.The Nifty closed 0.81 per cent, or 198.50 points lower, at 24,378.10, while the Sensex dropped 0.95 per cent, or 756.84 points, to settle at 78,516.49.Experts said that from a tec…
Mumbai, April 22 (IANS) Global crude oil prices edged higher to nearly $100 a barrel on Wednesday as traders and investors analysed the outlook for US-Iran peace talks following US President Donald Trump’s announcement to extend a fragile ceasefire, even as the Strait of Hormuz remained constrained.International benchmark Brent crude futures traded at $99.29 per barrel, up 0.82 per cent, while US West Texas Intermediate (WTI) rose 1.15 per cent to $90.71.Both benchmark contracts had gained aro…
Mumbai, April 22 (IANS) The Indian equity benchmarks traded lower in early hours on Wednesday, even after President Donald Trump announced an extension of the fragile ceasefire between the US and Iran.Sensex declined as much as 0.62 per cent, or about 500 points, to 78,779, while Nifty traded at 24,434, down 142.2 points or 0.57 per cent, amid selling pressure in IT, banking, pharma and healthcare stocks such as Max Healthcare, ICICI Bank, Axis Bank, HCL Tech and Apollo Hospitals. Meanwhile, Nif…
Mumbai, April 21 (IANS) Indian equity benchmarks extended their gains for a third consecutive session on Tuesday, as investor sentiment improved amid expectations that the United States and Iran may prolong their ceasefire during upcoming talks.The Nifty and the Sensex ended higher, supported by buying in select heavyweight stocks and optimism around easing geopolitical tensions in West Asia.At the closing bell, the Nifty was at 24,576.60, up by 0.87 per cent or 211.75 points. The Sensex ended t…
Mumbai, April 21 (IANS) Global crude oil prices witnessed decline on Tuesday, reversing the previous session’s gains, amid expectations that upcoming talks between the United States and Iran could ease tensions.International oil benchmark Brent crude futures declined as much as 1.31 per cent to $94.22 per barrel, hitting an intraday low.Meanwhile, US West Texas Intermediate (WTI) traded at $85.5, down 2.19 per cent from the previous close.However, both crude benchmarks had rallied strongly on …
Mumbai, April 21 (IANS) The Indian stock markets traded higher in early deals on Tuesday, supported by hopes of a peace deal between the United States and Iran, along with a decline in crude oil prices.Sensex rose 0.56 per cent, or 445 points, to hit an intra-day high of 78,966, while Nifty climbed 0.48 per cent or 118 points to 24,483, amid buying in realty, banking, metal, consumer durables and chemical stocks.Sectorally, Nifty Realty, Nifty Private Bank, Nifty Metal, Nifty Consumer Durables, …
Mumbai, April 20 (IANS) Indian equity markets ended Tuesday’s session on a flat note, with benchmark indices giving up most of their intra-day gains amid rising geopolitical concerns in West Asia that dampened investor sentiment.The Nifty closed marginally higher by 11.30 points, or 0.05 per cent, at 24,364.85, while the Sensex inched up 27 points, or 0.03 per cent, to settle at 78,520.30.Commenting on Nifty technical outlook, experts said that going forward, the 24,400–24,500 zone remains a…
Mumbai, April 20 (IANS) Global crude oil prices rebounded on Monday towards the $100 per barrel mark amid fresh escalations in the West Asia conflict.The international benchmark Brent crude futures rose as much as 7.18 per cent to hit an intraday high of $96.87 per barrel, while US West Texas Intermediate (WTI) crude traded at $91.20, up 8.76 per cent from the previous close.On the domestic front, crude on the Multi Commodity Exchange (MCX) traded at Rs 8,289, an increase of 6.72 per cent from t…
Mumbai, April 20 (IANS) Domestic equity benchmarks traded in negative territory early on Monday over fresh US-Iran conflict in the Strait of Hormuz, despite positive cues from global markets and positive earnings from banking firms.Sensex traded at 78,261, down 0.29 per cent or 232 points in early trade, while Nifty declined as much as 0.46 per cent, or over 100 points, to 24,241 amid selling pressure in realty, metal, and energy stocks.Hindalco Industries, TMPV, Eternal, HDFC Life, HDFC Bank, B…