Indian equity benchmarks Nifty and Sensex ended lower for the seventh straight week as high crude prices, rising US bond yields and foreign institutional selling weighed on markets.
Mumbai: Domestic equity markets opened higher on Thursday amid hopes of US-Iran peace deal and a better-than-expected June earnings season so far. Sensex started the session at 78,782.43, up 0.25 per cent or 200 points, while Nifty opened at 24,632.65, an increase of 8 points or 0.03 per cent. Sectoral Performance Remains Mixed Sector-wise, IT,.
Analysts expect the Indian stock market to remain volatile this week, with Sensex facing resistance at 76,300 and Nifty finding key support near 23,600 amid global uncertainties.
Indian benchmark indices traded higher in early trade despite renewed geopolitical tensions and rising crude oil prices. Banking, consumer durable and auto stocks supported the market, while IT shares remained under pressure.
Mumbai: Domestic equity benchmarks traded lower on Thursday in the morning session amid escalating tensions in West Asia and a sharp rise in crude oil prices. Benchmark Indices Slip as Investor Sentiment Weakens Sensex declined over 450 points or 0.62 percent, to touch an intraday low of 73,518 in early trade. Similarly, Nifty slipped more than.
Mumbai: Indian markets are gearing up for a crucial week ahead, as significant events like the Union Budget, macroeconomic data releases, Q3 earnings reports, and the US Federal Reserve’s policy decision are expected to impact market sentiment. Starting Monday, the upcoming week will be vital for investors, particularly with Finance Minister Nirmala Sitharaman set to.
Mumbai (Maharashtra): Indian markets opened with gains on Friday following the rally in global stock markets. Both benchmark indices, Nifty 50 and Sensex, gained at the opening. The Nifty 50 index surged 0.79 per cent, or 191 points, to 24,334.85 at the opening session, while the BSE Sensex gained 646 points, or 0.82 per cent,.