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…
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Washington, April 17 (IANS) Global oil prices plunged sharply on Friday after Iran announced that the Strait of Hormuz was “completely open” to commercial shipping during a ceasefire period, easing fears of prolonged supply disruption in one of the world’s most critical energy corridors. According to ‘The Wall Street Journal’, oil prices “plunged around 10 per cent” after Iran’s Foreign Minister said the strait was open following a ceasefire between Israel and Lebanon.The sharp drop …
Mumbai, April 17 (IANS) International crude oil benchmarks declined about 2 per cent on Friday on hopes of an end to the West Asia conflict that began on February 28.Brent crude futures traded at $97.99 per barrel, hitting an intra-day low in early trade and declining over 1 per cent.At the same time, US West Texas Intermediate (WTI) crude fell nearly 2 per cent to an intra-day low of $92.91.However, in the previous session, the global benchmark settled around 5 per cent higher at $99.39. Simila…
Mumbai, April 17 (IANS) Domestic equity benchmarks opened on a flat note on Friday, but gained afterwards, after relief in global oil prices and US President Donald Trump’s ceasefire announcement between Israel and Lebanon.Sensex opened at 77,976, down 12 points, or 0.02 per cent, while Nifty began the session up 30 points, or 0.13 per cent, at 24,165.The indices traded mildly positive further, with the 30-scrip basket gaining 142 points or 0.18 per cent to 78,130 and the 50-share index adding 2…
New Delhi, April 16 (IANS) Indian households have between 11–16 per cent of all the gold ever mined above ground, more than the combined national reserves of the United States, Germany, Italy and Russia, a report said on Thursday, ahead of Akshaya Tritiya on April 19.Recent price swings after nomination of Kevin Warsh as US Federal Reserve only show a short‑term correction and structural demand persist, digital investment platform InCred Money said in a note.The note said that one in every t…
Mumbai, April 16 (IANS) The Indian stock markets opened on a higher note on Thursday, with the equity benchmarks mirroring global cues amid hopes of easing geopolitical tensions between Washington and Tehran.Sensex opened 566 points or 0.73 per cent higher at 78,677 in opening trade, while Nifty began the session at 24,385, up 154 points or 0.64 per cent. Sectorally, gains were led by realty, media, consumer durables and financial stocks.Category-wise, small-cap and mid-cap stocks were the top g…
Mumbai, April 14 (IANS) Indian stock market exchanges remained closed on Tuesday on account of Dr B.R. Ambedkar Jayanti — the second trading holiday in the current financial year (FY27) and in April.Both the bourses, NSE and BSE, suspended trading across equity, equity derivatives and currency segments for the day.In the commodities segment, the Multi Commodity Exchange of India (MCX) also remained shut in the morning session. However, it will resume trading in the evening session between 5 pm …
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…
Mumbai, April 10 (IANS) Indian equity benchmarks traded sharply higher on Friday, mirroring gains in global markets despite fresh geopolitical tensions and concerns over the closure of the Strait of Hormuz.Sensex climbed as much as 0.82 per cent or 630 points to hit an intra-day high of 77261 in early trade, while Nifty surged 0.85 per cent or 203 points to trade at 23,978.Earlier, the 30-share Sensex opened at 77,121, up 0.64 per cent or 489 points, while the 50-share index began the session at…
Mumbai, April 7 (IANS) The Indian stock markets on Tuesday witnessed sharp losses in early trade, with equity benchmarks declining 1 per cent each amid uncertainty over a possible resolution to the West Asia conflict, ahead of a deadline set by US President Donald Trump to reopen the Strait of Hormuz.Sensex opened 372 points or 0.50 per cent lower at 73,734, while Nifty began the session at 22,838.Later in early trade, the 30-scrip basket declined as much as 1.11 per cent or 824.44 points, hitti…