Mumbai, July 7 (IANS) Indian equity benchmark indices traded higher on Tuesday amid positive global cues and crude oil prices hovering around the $70-a-barrel mark.Sensex jumped as much as 0.27 per cent or over 200 points to hit an intraday high of 78,504 in early trade, while Nifty was trading around 60 points or 0.23 per cent higher at 24,488.Sectorally, IT, banking and financial stocks led the gains. Nifty IT rose 1.28 per cent, followed by Nifty PSU Bank which gained 0.45 per cent.In contras…
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Mumbai, June 30 (IANS) Almost a week after announcing his decision to step down as chairman of Trent, Noel Tata on Tuesday said he will also relinquish the chairmanship of Tata Group company Voltas.Addressing shareholders at the cooling products maker’s 72nd annual general meeting (AGM) here, the 69-year-old said the meeting would be his last as chairman of the company, bringing to a close a leadership role he has held since 2017.”As you might be aware, this will be my last annual general meetin…
Mumbai, June 24 (IANS) Indian benchmark equity indices ended sharply higher on Wednesday, supported by strong buying in information technology, banking, financial, and realty stocks.The Sensex climbed 790.54 points, or 1.04 per cent, to close at 76,991.22, while the Nifty advanced 197.55 points, or 0.83 per cent, to settle at 24,021.65.Commenting on Nifty technical outlook, experts said that the 24,100 region continues to act as the immediate resistance zone.”A sustained breakout above this leve…
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 5 (IANS) Indian equity markets ended lower on Friday as investors reacted to the Monetary Policy Committee (MPC) decision and continued to assess global economic uncertainties.The benchmark indices closed lower, with the Nifty declining 49.85 points, or 0.21 per cent, to settle at 23,366.70. The Sensex also slipped 116.67 points, or 0.16 per cent, to close at 74,243.34.Commenting on Nifty technical outlook, experts said that the 23,450–23,550 region continues to serve as a key imm…
New Delhi, June 5 (IANS) Indian equity markets traded higher in the morning session on Friday ahead of a key central bank policy decision as investors awaited cues on how the central bank plans to address inflation and currency pressures amid elevated energy prices driven by geopolitical tensions in West Asia.Sensex jumped as much as 0.48 per cent or 357 points to 74,717.57, hitting an intraday high in early trade. Similarly, Nifty was trading 0.42 per cent or 100 points higher at 23,516.Sector-…
Mumbai, June 4 (IANS) Domestic equity markets opened lower on Thursday, tracking weak global cues amid geopolitical uncertainty in West Asia and selling pressure across the US and Asian equities.Sensex opened at 73,935.83, down 0.55 per cent or 410 points, while Nifty fell over 100 points or 0.5 per cent.Sectoral indices, Nifty Realty declined 0.67 per cent, Nifty IT was down 0.53 per cent. Similarly, pharma and healthcare indices decreased by up to 0.5 per cent.In contrast, Nifty Consumer Durab…
Mumbai, June 2 (IANS) The Indian stock market opened lower on Tuesday amid geopolitical tensions and concerns over a weak monsoon forecast.Sensex began the session at 73,945.20, down 322 points or 0.43 per cent from the previous close, while Nifty opened at 23,229.15, lower by 153.45 points or 0.65 per cent.Sectoral indices, Nifty Auto, Nifty Realty and Nifty Chemicals were trading nearly 1 per cent lower. Private banks, PSU banks, cement and media indices were also under pressure. On the other …
New Delhi, May 26 (IANS) Indian benchmark indices ended sharply lower on Tuesday as escalating geopolitical tensions in the Middle East weighed heavily on investor sentiment after fresh US strikes in southern Iran reduced hopes of a possible peace deal.The Nifty settled at 23,913.7, down 118 points or 0.49 per cent, while the Sensex closed at 76,009.7, declining 479.26 points or 0.63 per cent.Commenting on Nifty technical outlook, experts said that 24,000 now becomes the immediate resistance lev…
Mumbai, May 26 (IANS) Indian equity markets traded flat in morning trade on Tuesday after fresh US strikes in southern Iran targeting boats attempting to lay mines and missile launch sites.In early trade, Sensex was at 76,339.29, down 150 points or 0.20 per cent, while Nifty slipped 45 points or 0.19 per cent to 23,986.40. Earlier in the day, the benchmark indices opened at 76,224.14 and 24,004.10, respectively.Among sectoral indices, IT, chemicals, media, PSU banks and metal stocks traded in po…