Mumbai, May 6 (IANS) Indian equity benchmarks staged a strong late-session rally on Wednesday, with both the Nifty and the Sensex closing sharply higher as global cues turned favourable following a steep drop in crude oil prices.The Nifty climbed 298.15 points, or 1.24 per cent, to settle at 24,330.95, while the Sensex surged 940.73 points, or 1.22 per cent, to end at 77,958.52.Commenting on Nifty technical outlook, experts said that the markets staged a strong rebound, with Nifty closing above …
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Mumbai, April 23 (IANS) The Indian equity markets ended sharply lower for the second consecutive session on Thursday, with benchmark indices declining about 1 per cent each amid escalating tensions in West Asia over the Strait of Hormuz.Sensex settled at 77,664, down 852 points or 1.09 per cent, while Nifty closed at 24,173, losing 205 points or 0.84 per cent as selling pressure intensified across auto, banking, IT and realty stocks. Major laggards included Tech Mahindra, Infosys, Tata Motors Pa…
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…