Mumbai, May 23 (IANS) Indian equity benchmarks posted notable gains during the week as sentiments improved over easing crude oil prices and reports of indirect US–Iran talks.Nifty gained 0.32 per cent during the week and added 0.27 per cent on the last trading day to reach 23,719. At close, Sensex was up 231 points or 0.31 per cent at 75,415. It advanced 0.24 per cent during the week.”Despite the rebound, investors largely remained cautious, with limited conviction at higher levels continuing …
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Mumbai, May 20 (IANS) Indian benchmark equity indices recovered all intra-day losses in the final hour of trade to end Wednesday’s session on a positive note, supported by gains in oil & gas and auto stocks.The Nifty closed at 23,659, up 41 points, or 0.17 per cent. During the session, the index touched an intra-day high of 23,690.90 and a low of 23,397.30.The Sensex also ended near the day’s high at 75,318.39, gaining 117.54 points, or 0.16 per cent.The 30-share index had fallen sharply…
Mumbai, April 29 (IANS) Indian equity benchmarks ended higher on the Wednesday but surrendered a large portion of their intra-day gains as a sharp rise in global crude oil prices weighed on investor sentiment.The Nifty closed at 24,177.65, up 0.76 per cent or 181.95 points, while the Sensex settled at 77,496.36, gaining 0.79 per cent or 609.45 points.From a technical standpoint, experts said that on the upside, 24,200 remains the first resistance.“On the downside, a breach of the 24,000–24,1…
Mumbai, March 9 (IANS) Gold and silver prices eased on Monday amid a firmer US dollar and higher inflation expectations, trimming hopes of US Fed rate cuts in the near term.MCX gold April futures lost 0.16 per cent to Rs 1,61,380 per 10 grams around 11.10 am on an intraday basis. Meanwhile, MCX silver May futures declined 1.30 per cent to Rs 2,64,799 per kg.Earlier in the day, gold futures had dipped 1.1 per cent, while silver futures had declined 1.4 per cent, before a strong rebound by preciou…
Mumbai, Feb 20 (IANS) The Indian equity markets opened the last trading session of the week in red on Friday, extending sharp losses seen the previous day.As of 9.26 a.m., Sensex lost 154 points, or 0.19 per cent, to reach 82,343, and Nifty dipped 31 points, or 0.12 per cent, to settle at 25,423.Main broad-cap indices moved in opposite directions as the Nifty Midcap 100 lost 0.13 per cent, while the Nifty Smallcap 100 gained 0.13 per cent.Sectoral indices traded mostly in the green except Nifty …
New Delhi, Feb 16 (IANS) Gold and silver prices declined on Monday, as the US dollar strengthened tracking in-line US inflation data.MCX gold April futures dipped 0.56 per cent to Rs 1,55,023 per 10 grams around 12.30 am on an intra-day basis. Meanwhile MCX silver March futures declined 1.99 per cent to Rs 2,39,501 per kg.The dollar index surged 0.10 per cent to 97, tracking the moderation in US CPI (consumer price index) in January. The index earlier received support from strong jobs data that …
Mumbai, Feb 16 (IANS) The Indian equity markets opened the week almost flat with a mild negative bias on Monday, due to a weaker-than-expected earnings season and AI-led pressure on technology stocks.As of 9.25 am, Sensex lost 22 points, or 0.02 per cent, to reach 83,604, and Nifty lost 6 points, or 0.03 per cent, at 25,464.Main broad-cap indices posted stronger losses than benchmark indices, as the Nifty Midcap 100 declined 0.34 per cent, and the Nifty Smallcap 100 dipped 0.47 per cent.Sectoral…
New Delhi, Feb 4 (IANS) India now has one of the lowest tariffs among key Asian countries, with the US-India trade deal resulting in a reduction in tariffs on Indian goods to 18 per cent from 50 per cent earlier, and this will help in improving the country’s export competitiveness, according to an SBI Research report released on Wednesday.The tariff rate for India is even lower than Vietnam, which is one of the major trading partners of the US, enabling Indian exports to regain competitiveness…
Mumbai, Jan 23 (IANS) The Indian equity markets posted strong losses on Friday, flipping early gains amid continued selling by foreign institutional investors.At the closing bell, the Sensex lost 769 points, or 0.94 per cent to settle at 81,537. The Nifty declined 241 points, or 0.95 per cent, to close at 25,048.The broader markets posted stronger losses than the benchmark indices as Nifty Midcap 100 index lost 1.95 per cent, while the NSE Smallcap 100 declined 2.06 per cent.Nifty 50 and Sensex …
Mumbai, Jan 20 (IANS) The Indian stock market extended its losses on Tuesday, ending the session sharply lower as investors remained cautious amid rising global tensions and continued to react to company-specific developments during the ongoing Q3 earnings season.Benchmark indices witnessed heavy selling throughout the day. The Sensex closed at 82,180.47, down 1,065.71 points or 1.28 per cent.Meanwhile, the Nifty settled at 25,232.5, slipping 353 points or 1.38 per cent by the end of the session…