Mumbai, April 13 (IANS) Domestic equity benchmarks traded sharply lower on Monday, declining around 2 per cent each amid weak global cues after the US and Iran failed to make progress on peace talks.Sensex plunged as much as 2.16 per cent or 1,675 points to 75,874.85, hitting an intraday low in early trade, while Nifty traded at 23,555, down around 500 points or 2.05 per cent, amid selling pressure in banking and financial, realty, auto and energy stocks.Eicher Motors, Maruti Suzuki, Shriram Fin…
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Mumbai, April 10 (IANS) Indian equity benchmarks resumed their upward momentum on Friday after a brief one-day pause, as investors closely monitored developments in West Asia and assessed their potential impact on global markets. Both the Nifty and the Sensex ended higher, extending their recent gaining streak. At the closing bell, Sensex was up 918.6 points, or 1.20 per cent, to finish the intra-day trading session at 77,550.25.Nifty also followed suit and closed at 24,050.6, up 275.5 points, o…
Mumbai, April 9 (IANS) The Indian equity markets opened on a cautious note on Thursday after witnessing a sharp rally in the previous session. Benchmark indices declined amid investor concerns over escalating geopolitical tensions, as reports suggested that Israel had attacked Lebanon’s Hezbollah, raising fears of a possible disruption in the Strait of Hormuz.Sensex traded 560 points or 0.72 per cent lower at 77,003, hitting an intra-day low in early trade, while Nifty fell as much as 182 poin…
Mumbai, April 8 (IANS) Indian stock markets extended their rally for the fifth straight session, with both the Nifty and the Sensex posting strong gains. The positive momentum came amid easing global tensions and steady domestic policy signals.The Nifty closed 3.78 per cent higher, gaining 873.70 points to end at 23,997.35. Meanwhile, the Sensex surged 3.95 per cent, rising 2,946.32 points to settle at 77,562.90.Commenting on Nifty technical outlook, experts said that from a technical standpoint…
Mumbai, April 2 (IANS) Indian stock markets opened sharply lower on Thursday, with key equity benchmarks declining more than 1 per cent amid fresh escalation in the West Asia conflict.Sensex opened at 72,262, down 872 points or 1.19 per cent, while the Nifty fell 1.31 per cent or around 300 points to open at 22,383.40. Both the indices fell further as trading progressed in early hours.All sectors opened in the red, with banking, realty, chemicals, auto, metal, and healthcare among the top losers…
Mumbai, March 30 (IANS) Indian stock markets ended the last trading session of fiscal year 2026 on a weak note, dragged down by rising global tensions due to the ongoing Middle East conflict. The prolonged war has raised concerns about economic growth and inflation, leading to heavy selling across equities.The benchmark Nifty fell sharply by 2.14 per cent, or 488.20 points, to close at 22,331.40. Similarly, the Sensex dropped 2.22 per cent, or 1,635.67 points, ending the session at 71,947.55.Com…
New Delhi, March 19 (IANS) Indian households are sitting on an enormous reserve of gold, and that wealth is now quietly reshaping the country’s lending market, a report has said.According to a report by Morgan Stanley, Indian households collectively own more than 34,000 tonnes of gold.Kotak Mahindra Bank estimates this stockpile to be worth nearly $5 trillion. While most of this gold — around 90 per cent — still lies idle, it is increasingly being used as collateral to raise quick loans.Gold…
Mumbai, March 19 (IANS) Indian equity markets opened sharply lower on Thursday, tracking weak global cues as escalating geopolitical tensions in the Middle East triggered a surge in crude oil prices.Sensex plunged 1,953 points or 2.55 per cent to 74,750, while Nifty also witnessed heavy selling pressure, declining 580 points or about 2.4 per cent, before recovering a bit in early trade.Among stocks, HDFC Bank, Shriram Finance, Larsen & Toubro (L&T), TMPV, Axis Bank, HDFC Life and IndiGo …
Mumbai, Jan 28 (IANS) Indian equity benchmark indices Sensex and Nifty ended Wednesday’s session with modest gains, managing to stay in the green despite sharp volatility through the day. Investor sentiment was influenced by December-quarter earnings announcements and the finalisation of the India–European Union Free Trade Agreement.The Sensex closed at 82,345, rising 487 points, or 0.60 per cent. During the session, the index moved between a high of 82,504 and a low of 81,815 as markets swu…
Mumbai, Dec 26 (IANS) Indian stock markets ended lower on Thursday as investors stayed cautious during the holiday-shortened week and refrained from taking fresh positions due to the absence of strong triggers. Selling pressure in information technology and automobile stocks, along with the expiry of Sensex derivatives, weighed on overall market sentiment.The Sensex closed at 85,041.45, slipping 367.25 points or 0.43 per cent. The Nifty also ended in the red, falling 99.80 points or 0.38 per cen…