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…
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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…
Mumbai, Dec 26 (IANS) Indian benchmark indices opened flat with a mild negative bias on Friday, as markets are apparently in the consolidation phase amid lack of major cues.As of 9.30 am, Sensex edged down 83 points, or 0.09 per cent to 85,325 and Nifty eased 17 points, or 0.06 per cent to 26,124.Main broadcap indices outperformed benchmark indices in terms of gains, with the Nifty Midcap 100 advanced 0.35 per cent, while the Nifty Smallcap 100 added 0.27 per cent.Cipla, Dr Reddys Labs and ONGC …
Mumbai, Dec 24 (IANS) Indian stock market benchmarks Sensex and Nifty ended slightly lower on Wednesday as selling pressure in oil and gas, pharmaceutical and IT stocks weighed on the indices. Trading activity also remained dull as investors stayed cautious ahead of the Christmas holiday on Thursday.The Sensex closed at 85,408.70, slipping 116.14 points or 0.14 per cent. Similarly, the Nifty ended at 26,142.10, down 35.05 points or 0.13 per cent from the previous close.“The index gravitated to…
Mumbai, Dec 23 (IANS) Indian equity benchmark indices ended on a mixed note on Tuesday, as weakness in information technology stocks weighed on the market, even as buying in financial, FMCG and metal shares provided some support. Investor sentiment also remained cautious due to the weekly expiry of Nifty derivatives.The Sensex snapped its two-day winning streak and closed marginally lower, slipping 0.05 per cent to settle at 85,524.84.In contrast, the Nifty managed to extend its gains for a thir…
Mumbai, Dec 22 (IANS) Indian stock markets ended on a strong note on Monday, extending the gains seen in the previous session, even as global cues remained mixed. Buying interest in information technology and metal stocks helped push the benchmark indices higher.Positive sentiment was also supported by optimism around the signing of the India–New Zealand free trade agreement, which boosted investor confidence.The Sensex closed at 85,567.48, rising by 638.12 points, or 0.75 per cent. Similarly,…