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…
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Seoul, April 2 (IANS) South Korean stocks dropped over 3 per cent on Thursday morning after US President Donald Trump warned that the United States would strike Iran “extremely hard” over the next few weeks.The benchmark Korea Composite Stock Price Index (KOSPI) fell 197.1 points, or 3.6 percent, to 5,281.6 as of 11:20 a.m.The index opened more than 1 percent higher, tracking overnight gains on Wall Street, but turned negative after Trump’s remarks dashed hopes for a swift end to the monthlong c…
Mumbai, April 1 (IANS) Domestic stock markets on Wednesday opened sharply higher with a gap-up start, tracking positive global cues from the US and Asian markets amid hopes of de-escalation in the West Asia conflict — now in the 33rd day of the conflict.The 50-scrip Nifty opened at 22,899, rising 567 points or 2.54 per cent, while Sensex began the session up 1,814 points, or 2.52 per cent, at 73,762.43.Sector-wise, all indices traded in green, led by gains in banking, auto and IT stocks. On the…
Mumbai, March 31 (IANS) Domestic stock exchanges BSE and NSE will remain closed on Tuesday on account of Shri Mahavir Jayanti.In addition, the bourses will have 11 more days of official holidays this year, except Saturdays and Sundays.In commodities, the Multi Commodity Exchange of India (MCX) will remain closed during the morning session — 9 am to 5 pm — on Tuesday due to the festival.However, trading will resume in the evening session from 5 pm to 11:30 pm, according to the exchange. Meanwhi…
Mumbai, March 25 (IANS) Dalal Street opened on a bullish note for the second consecutive session on Wednesday, supported by easing geopolitical concerns amid hopes of de-escalation in the West Asia conflict. Additionally, reports suggesting that Donald Trump had proposed a 15-point plan to Iran via Pakistan further enhanced investor confidence.Sensex opened around 600 points or 0.80 per cent higher at 74,652, while Nifty began trading at 23,064, up 150 points or 0.66 per cent.In early trade, the…
Mumbai, March 20 (IANS) Global oil prices traded lower on Friday after the US signalled a possible easing of sanctions on Iranian crude, as efforts intensified to secure shipping through the Strait of Hormuz.Brent crude futures fell as much as 3.39 per cent to an intra-day low of $104.96 per barrel, while US WTI crude futures traded 3.22 per cent lower at $92.47, hitting an intra-day low.The decline in oil prices followed comments by US Treasury Secretary Scott Bessent, who indicated that Washin…
Mumbai, March 20 (IANS) Domestic benchmark indices opened higher on Friday, rising over 1 per cent in early trade amid hopes of easing tensions in West Asia.Sensex opened at 74,559, up 352 points or 0.47 per cent, while Nifty started trading at 23,110, higher by 108 points or 0.47 per cent, according to exchange data.In early trade, the 30-share Sensex surged as much as 891 points, or 1.20 per cent, while the Nifty climbed 279.7 points, or 1.21 per cent, to 23,281.85. The strong gains were suppo…
Washington, March 9 (IANS) Wall Street is likely to start the second week of March in the red on Monday (US time). The Dow Jones futures — an early indicator of the US stock markets — traded lower after crude oil prices climbed above $110 per barrel.S&P 500 futures were down about 1 per cent, while Nasdaq 100 futures slipped around 1.1 per cent, reflecting persistent risk aversion in global markets.Dow Jones Futures were trading at 46,964.86, down 536.69 points or 1.13 per cent ahead of Wa…
Washington, Feb 28 (IANS) US banking regulators defended sweeping efforts to recalibrate capital rules and formalise crypto oversight as senators clashed over Basel reforms, political “debanking” and consumer safeguards in a hearing with global implications for capital flows and digital finance.Senate Banking, Housing, and Urban Affairs Committee Chairman Tim Scott said regulation must focus strictly on financial risk.“No law — no lawful business in Anderson, South Carolina or anywhere in…
Mumbai, Feb 27 (IANS) The Indian equity markets opened the last session of the week with losses on Friday despite strong gains in the domestic IT stocks.The Indian IT stocks defied global trends amid technology-led selloff seen in Wall Street following weaker-than-expected earnings from Nvidia.As of 9.20 am, Sensex lost 346 points, or 0.42 per cent, to reach 81,903, and Nifty eased 113 points, or 0.44 per cent, at 25,383 in the morning trade.Main broad-cap indices performed in line with the benc…