Mumbai, May 16 (IANS) Domestic institutional investors (DIIs) continued to cushion domestic equity markets with net purchases worth Rs 18,520 crore during the week, even as foreign institutional investors (FIIs) remained net sellers amid elevated market volatility and persistent global uncertainties.According to provisional exchange data, FIIs offloaded equities worth Rs 13,580 crore during the week, while DIIs remained net buyers.In May, FIIs have sold equities worth Rs 24,660 crore, whereas DI…
Latest US-Iran tensions News & Updates
Mumbai, May 11 (IANS) Opposition parties in Maharashtra on Monday criticised Prime Minister Narendra Modi’s advice on austerity and economic mindfulness amid the US and Iran war, saying that as the elections are done, ‘sacrifice’ suddenly comes to mind. They strongly demanded that the PM’s call should be implemented first by the Centre and BJP ruled sates.Congress Legislature Party leader, Vijay Wadettiwar, claimed that until the elections in five states were over, war was forgotten; now tha…
New Delhi, April 25 (IANS) Domestic investors raised their shareholding to a record 29 per cent in Indian equities, offsetting the decline in foreign participation, a new report has said.Foreign portfolio investor (FPI) ownership in Indian equities dropped to its lowest level in 16 years in the March quarter, the report from Morgan Stanley said.Domestic ownership in the listed universe surged 40 basis points from the previous quarter. With the increase primarily driven by domestic institutions, …
Mumbai, April 25 (IANS) The domestic equity markets closed on a weak note this week, with benchmark indices declining about 2 per cent amid escalating tensions in West Asia, a sharp spike in crude oil prices, and heavy selling in IT stocks weighing on sentiment.On a weekly basis, headline indices Sensex and Nifty ended lower, falling 2.3 per cent and 1.9 per cent, respectively.However, broader markets showed relative resilience, with the BSE Midcap and BSE Smallcap indices slipping just 0.6 per …
Mumbai, April 15 (IANS) Gold prices remained largely steady on Wednesday as improving prospects of easing geopolitical tensions between the United States and Iran kept investor sentiment in check.During early trade, MCX gold May futures were marginally higher by 0.02 per cent at Rs 1,53,305 per 10 grams.Commenting on gold technical outlook, experts said that a sustained move above Rs 1,55,000 could revive momentum toward Rs 1,57,000-Rs 1,58,000.“On the downside, a break below Rs 1,54,000 may l…
Mumbai, March 24 (IANS) Indian stock markets ended the session on a strong note, with benchmark indices closing near their day’s highest levels, supported by gains in auto and banking stocks.Positive sentiment among investors was also driven by hopes of easing geopolitical tensions between the United States and Iran, despite mixed signals from both sides.The Nifty rose sharply by 399.75 points, or 1.78 per cent, to settle at 22,912.40. The Sensex also posted solid gains, climbing 1,372.06 poin…
Mumbai, March 23 (IANS) Gold and silver prices in India traded sharply lower on Monday, tracking weakness in global bullion markets amid rising concerns over inflation and potential interest rate hikes following escalating US-Iran tensions.On the Multi Commodity Exchange (MCX), gold futures dropped steeply at the opening. Gold futures (April 2) fell as much as 5.59 per cent, or Rs 8,089, to hit an intra-day low of Rs 1,36,403 per 10 grams by 9:40 am, while silver declined 6.63 per cent, or Rs 15…
New Delhi, March 14 (IANS) The BJP highlighted on Saturday that petrol prices in India have remained unchanged at Rs 94.77 per litre, despite sharp increases in many major economies. The party attributed this stability to Prime Minister Narendra Modi’s “handling” of the global energy crisis triggered by escalating US-Iran tensions since late February.In a post on X, BJP national spokesperson Pradeep Bhandari claimed that India had managed to maintain fuel price stability despite global markets w…
New Delhi, Feb 27 (IANS) Gold and silver prices posted strong gains on Friday, amid rise in the US-Iran tensions and marginal decline in US dollar.MCX gold April futures gained 0.43 per cent to Rs 1,60,399 per 10 grams around 12.30 am on an intra-day basis. Meanwhile, MCX silver March futures gained 3.05 per cent to Rs 2,67,600 per kg.The US-Iran nuclear negotiations were extended without any clear progress, keeping geopolitical tensions elevated. The buildup of US troops led to both countries e…
Mumbai, Feb 21 (IANS) The Indian equity benchmarks posted mild gains on a weekly basis, despite several sessions of sharp declines in the IT index.Nifty added 0.39 per cent during the week and added 0.46 per cent on the last trading day to settle at 25,571. At Friday’s close, Sensex was up 316 points or 0.38 per cent at 82,814. It advanced 0.38 per cent during the week.Sectoral performance remained mixed during the week, with all major indices ending in the red. Nifty media was the worst perfo…