Mumbai: Domestic equity benchmarks opened sharply lower on Friday tracking weak global markets as escalating Middle East tensions pushed oil prices higher and raised concerns over inflation and interest rates. Sensex started nearly 600 points or 0.79 per cent lower at 74,309.16, while Nifty opened 207.50 points or 0.88 per cent down at 23,270.30. Among.
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.
Mumbai: Indian equity markets will enter the new trading week with investors closely tracking the Reserve Bank of India’s (RBI) monetary policy decision, a fresh round of June quarter earnings, global geopolitical developments, crude oil prices and foreign institutional investor (FII) flows after benchmark indices staged a strong recovery in the previous week. The market.
Global crude oil prices climbed above the $100-per-barrel mark as rising tensions in the Gulf and attacks on Saudi tankers in the Red Sea triggered fresh concerns over energy supply disruptions.
Mumbai: Domestic equity benchmarks opened lower on Thursday amid weak global cues and rising geopolitical tensions in West Asia. Sensex opened at 76,515.10, down 239.95 points or 0.31 per cent, while Nifty started the session at 23,904.80, slipping 91.45 points or 0.38 per cent. Oil & Gas, Pharma Among Worst-Hit Sectors Sector-wise, Nifty Oil &.