Mumbai, June 30 (IANS) Indian benchmark equity indices ended lower on Tuesday as weakness in information technology stocks weighed on investor sentiment, while market participants remained cautious ahead of the scheduled US-Iran talks in Doha later in the day.The Nifty declined 80.50 points, or 0.34 per cent, to close at 23,865.75. The Sensex also slipped 249.70 points, or 0.33 per cent, to settle at 76,478.67.Commenting on Nifty technical outlook, experts said that the 24,000 zone now emerges a…
Latest Tech Mahindra News & Updates
Mumbai, June 29 (IANS) Newly-crowned Bullet Chess Champion and Season 2 MVP, Nihal Sarin, emerged as one of the most sought-after names before joining FYERS American Gambits as the Global Chess League (GCL) lit the countdown for Season 4—scheduled to be held in Bengaluru from September 3 to 13—with the player draft in Mumbai on Monday.Defending champions Alpine APL Pipers strengthened their title defence around Magnus Carlsen and Women’s Chess World Cup winner Divya Deshmukh, while five-ti…
Mumbai, June 23 (IANS) Indian equity markets opened on a flat note on Tuesday after a multi-session rally driven by easing tensions in West Asia.Sensex opened at 77,086.05, down 8 points or 0.01 per cent, while Nifty started the session at 24,071.30, lower by 31.60 points or 0.13 per cent.Sector-wise, Nifty Pharma was top gainer, rising 0.41 per cent, followed by Nifty MidSmall Healthcare (up 0.40 per cent), Nifty 500 Healthcare and Nifty Media, both gaining 0.29 per cent. While Nifty Cement and…
Mumbai, June 22 (IANS) Indian equity benchmarks closed in positive territory on Monday, supported by strong buying in information technology and pharmaceutical stocks, while easing crude oil prices further boosted investor sentiment.The Sensex gained 291.17 points, or 0.38 per cent, to settle at 77,094.07. The Nifty also ended higher, rising 90 points, or 0.37 per cent, to close at 24,102.90.Commenting on Nifty technical outlook, experts said that the 24,200 level continues to act as the immedia…
Mumbai, June 19 (IANS) Both the Indian indices ended lower in Friday’s session as IT shares dropped sharply following dismal sales and top-line outlook from their global peer Accenture.At the closing bell, the 50-share index Nifty was at 24,013.10, down by 155 points or 0.64 per cent. The Sensex followed suit and fell 0.78 per cent or 608 points to 76,802.90.Commenting on Nifty technical outlook, experts said that the 24,100–24,200 region continues to act as the immediate resistance zone.“…
Mumbai, June 19 (IANS) IT stocks came under selling pressure on Friday, with the Nifty IT index plunging more than 6 per cent after global technology services firm Accenture cut its revenue growth guidance and flagged a weaker demand environment, reigniting concerns over the pace of recovery in global technology spending.The technology index declined as much as 6.43 per cent or 1,831 points to hit an intraday low of 26,634.50 at around 10:25 am, making it the worst-performing sectoral index in e…
Mumbai, June 11 (IANS) Domestic equity benchmarks traded lower on Thursday in the morning session amid escalating tensions in West Asia and a sharp rise in crude oil prices.Sensex declined over 450 points or 0.62 per cent to touch an intraday low of 73,518 in early trade. Similarly, Nifty slipped more than 100 points or 0.61 per cent to an intraday low of 23,072.Sectorally, IT stocks led the decline, with the Nifty IT index tumbling more than 2 per cent. Nifty MidSmall IT & Telecom, Nifty Ce…
Mumbai, June 3 (IANS) Indian equity benchmark indices ended lower on Wednesday, although they recovered a significant portion of intra-day losses supported by gains in PSU bank and financial stocks.Markets witnessed sharp volatility during the session, with heavy selling pressure in information technology stocks weighing on investor sentiment.However, buying in PSU banks, private banks, and healthcare stocks helped the indices trim losses from the day’s low.The Nifty closed 77.95 points or 0.3…
Mumbai, June 3 (IANS) Domestic equities traded lower on Wednesday following fresh escalation in tensions between the US and Iran, with benchmark indices declining up to 1 per cent during morning trade.Sensex fell as much as 816 points or 1.09 per cent to hit an intraday low of 73,833 in early trade. Similarly, Nifty declined 200 points or 0.86 per cent to touch an intraday low of 23,280.Sectoral indices traded largely in the red, with technology stocks emerging as the biggest drag. Nifty IT slum…
Mumbai, June 2 (IANS) Indian benchmark indices ended higher on Tuesday, supported by gains in information technology, metal, and consumer durable stocks, even as investors remained cautious ahead of key trade negotiations between India and the United States.The Nifty settled 100.95 points, or 0.43 per cent, higher at 23,483.55, while the Sensex advanced 382.50 points, or 0.52 per cent, to close at 74,649.84.Commenting on Nifty technical outlook, experts said that the 23,500–23,550 region remai…