New Delhi: Indian equity benchmarks ended higher on Friday, breaking an eight-week losing streak, but market experts believe the sustainability of the rebound will depend on whether the indices can overcome key technical hurdles in the coming sessions. The Nifty rose 1.3 per cent to close at 22,520.45, while the Sensex gained 1.23 per cent.
Indian equity markets extended their losing streak to an eighth consecutive week on Thursday as benchmarks fell about 3 per cent each amid persistent foreign fund outflows, elevated US bond yields and geopolitical concerns.
Domestic equity markets opened subdued on Tuesday with benchmarks slipping about 0.2 per cent each amid a surge in crude oil prices and weak global cues.
Mumbai: The Indian equity markets posted notable gains on Friday over easing crude prices and a phased US-Iran agreement. At the closing bell, the Sensex was up 315 points, or 0.43 per cent, at 73,895. The Nifty added 77 points, or 0.34 per cent, to close at 23,140. Nifty Bank added 0.26 per cent or.
The Indian equity markets posted notable losses early on Thursday amid renewed pressure from global bond yields, which is outweighing the supportive effect of softer crude prices.
Mumbai: Benchmark equity indices rebounded on Wednesday as investor sentiment improved after crude oil prices steadied around the $100-per-barrel mark amid hopes of renewed talks between the US and Iran. The Sensex climbed 299.17 points, or 0.4 per cent, to close at 74,828.25, while the Nifty gained 117.80 points, or 0.5 per cent, to settle.
Indian benchmark indices opened higher on Monday despite muted cues from GIFT Nifty, as easing oil prices supported sentiment, with the Sensex gaining over 400 points and the Nifty holding above 23,360.
Indian stock markets remain closed on Ganesh Chaturthi, with NSE and BSE observing a full trading holiday while MCX follows a separate trading schedule.
