Mumbai: Indian equity benchmarks ended the truncated trading week on a subdued note, with investors closely watching key technical levels amid concerns over elevated crude oil prices and rising global bond yields. Market experts believe the Sensex needs a sustained move above 74,600 to regain upward momentum, while the Nifty’s 23,000-23,100 zone remains a critical.
Mumbai: Domestic equity benchmarks opened lower on Wednesday, down about 0.5 per cent each with information technology stocks leading losses as investors remained cautious amid higher crude oil prices and escalating tensions in the Middle East. Nifty 50 opened more than 100 points lower at 23,522.05, while Sensex fell over 350 points to 75,216.22. Sector-wise,.
Mumbai: Indian equity benchmarks opened lower on Tuesday weighed by elevated crude prices with selling in IT and auto shares amid concerns over a possible US Federal Reserve rate hike this month. Nifty 50 opened 36.05 points or 0.15 per cent lower at 23,743.10, while Sensex fell over 150 points or 0.21 per cent to.
Indian stock market next week is likely to remain sensitive to crude oil prices, US jobs data, rising bond yields, global rate expectations and foreign investor flows.
Mumbai: The Indian equity benchmarks posted notable losses after two consecutive weeks of gains, over elevated crude and persistent global uncertainty. Nifty declined 0.83 per cent during the week and shed 0.12 per cent on the last trading day to reach 24,366. At close, Sensex was down 70 points, or 0.09 per cent, at 78,009..
Domestic equity markets opened flat on Tuesday after surge in crude oil prices, while information technology and consumer durables stocks gained offset by weakness in banking and financial counters.
Mumbai: Domestic equity markets open on mildly negative note on Friday amid surge in crude oil prices and following global cues ahead of key US economic data. Sensex opened at 78,516.08, down 438.68 points or 0.56 per cent, while Nifty decreased by 97.10 points or 0.39 per cent to 24,538.90. Financial, Banking Stocks Under Pressure;.
The Indian rupee surged to a near one-month high on Monday as crude oil prices fell by up to 7 per cent to below the $80-a-barrel mark amid hopes of a deal to end the Iran conflict, while strong foreign inflows further supported the currency.
