Mumbai, April 6 (IANS) Indian equity markets ended higher for the third consecutive session on optimism surrounding a potential de-escalation in tensions between the US and Iran, lifting investor sentiment across sectors.The benchmark Nifty rose 1.12 per cent or 255 points to close at 22,968.25, while the Sensex gained 787 points, or 1.07 per cent, to settle at 74,106.85.From a technical standpoint, experts said that Nifty is approaching the immediate resistance level near 23,000, which continue…
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Mumbai, April 2 (IANS) Indian stock markets opened sharply lower on Thursday, with key equity benchmarks declining more than 1 per cent amid fresh escalation in the West Asia conflict.Sensex opened at 72,262, down 872 points or 1.19 per cent, while the Nifty fell 1.31 per cent or around 300 points to open at 22,383.40. Both the indices fell further as trading progressed in early hours.All sectors opened in the red, with banking, realty, chemicals, auto, metal, and healthcare among the top losers…
Mumbai, March 25 (IANS) Indian stock markets ended higher for the second straight session on Wednesday, supported by easing oil prices and positive global cues. Investor sentiment improved after US President Donald Trump reiterated that talks are ongoing to bring an end to the conflict in the Middle East.The benchmark indices saw strong gains, with the Nifty rising 1.72 per cent, or 392.70 points, to close at 23,306.45.The Sensex also advanced 1.63 per cent, or 1,205 points, to settle at 75,273….
Mumbai, Feb 26 (IANS) The Indian stock market ended a volatile trading session on a mixed note on Thursday, with healthcare and PSU bank stocks leading the gains while media and FMCG shares lagged behind.The benchmark Nifty closed marginally higher by 0.06 per cent, or 14.05 points, at 25,496.55. In contrast, the Sensex slipped 27.46 points, or 0.03 per cent, to settle at 82,248.61.Commenting on Nifty technical outlook, experts said that a decisive close above 25,700 accompanied by strong volume…
Mumbai, Feb 23 (IANS) Indian stock markets extended their gains for the second straight session on Monday, supported by buying in PSU banks and healthcare stocks. Positive global cues also boosted investor sentiment after the US Supreme Court ruled against the reciprocal tariffs announced by US President Donald Trump.The benchmark Nifty ended 0.55 per cent higher, gaining 141.75 points to close at 25,713. The Sensex rose 0.58 per cent, or 479.95 points, to settle at 83,294.66.Commenting on Nifty…
Mumbai, Feb 19 (IANS) Indian benchmark indices witnessed heavy selling pressure on Thursday, recording their sharpest decline in more than two weeks as rising geopolitical tensions and higher crude oil prices hurt investor sentiment.The Sensex closed at 82,498.14, down 1,236.11 points or 1.48 per cent. The Nifty settled at 25,454.35, falling 365 points or 1.41 per cent. The benchmarks posted their worst single-day fall since February 1 this year.Technically, price action slipped below the short-…
Mumbai, Feb 17 (IANS) Indian benchmark indices ended higher for the second consecutive session on Tuesday, supported by gains in public sector banks and information technology (IT) stocks, even as global cues remained largely muted.The 30-share Sensex closed at 83,450.96, rising 173.81 points or 0.21 per cent. The broader Nifty settled at 25,725.40, up 42.65 points or 0.17 per cent.Expert said that the recovery lifted the index above 25,700; however, upside momentum repeatedly encountered supply…
Mumbai, Feb 12 (IANS) Indian stock markets ended lower on Thursday as heavy selling in major IT stocks pulled the benchmark indices into negative territory. Weak sentiment in the technology sector outweighed gains seen in select banking and finance stocks.The Sensex closed at 83,674.92, slipping 558.72 points, or 0.66 per cent. Meanwhile, the Nifty settled at 25,807.2, down 146.65 points, or 0.57 per cent, from the previous close.“As long as Nifty trades below the 25,840–25,900 resistance ba…
Mumbai, Feb 4 (IANS) Indian equity markets closed almost flat on Wednesday, snapping a two-day rally, as a sharp fall in information technology (IT) stocks weighed on the benchmark indices. Investor sentiment turned cautious after fresh concerns about advances in artificial intelligence (AI) hit global software stocks.At the closing bell, the Nifty rose 48.45 points, or 0.19 per cent, to settle at 25,776.00. The Sensex gained 78.56 points, or 0.09 per cent, to end at 83,817.69.Nifty traded in a …
Mumbai, Feb 2 (IANS) Indian equity markets bounced back strongly in the final hour of trade on Monday, helped by late buying in heavyweight stocks such as Adani Ports, Bharat Electronics, L&T, Mahindra & Mahindra, ICICI Bank and HDFC Bank.The Sensex recovered sharply from its intra-day low of 80,387.25. It jumped as much as 1,345 points to touch a high of 81,732 before closing at 81,666. The index ended the day up 944 points, or 1.17 per cent.Similarly, the Nifty moved in a wide range du…