Mumbai: The Sensex is likely to consolidate between 74,000 and 75,200 in the near term, while the Nifty may face immediate resistance around 23,500 and could see further downside if it slips below last week’s low, analysts said on Sunday, as Indian equities enter a holiday-shortened week after five consecutive weeks of losses. The Indian.
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,.
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: Benchmark equity indices ended lower on Thursday after erasing gains made during the trading session, as investors assessed the inflation outlook amid a spike in oil prices and movements in bond yields that heightened concerns over potential rate hikes. The Sensex declined 417.49 points, or 0.55 per cent, to settle at 76,152.86. The Nifty.
Indian equity benchmarks opened higher on Thursday tracking positive global cues and gains in Asian markets. Sensex opened 154.60 points or 0.20 per cent higher at 76,724.95, while Nifty gained 83.50 points or 0.35 per cent to 23,997.95.
New Delhi: The Sensex and Nifty ended lower for the third consecutive week, with analysts maintaining a cautious near-term outlook as global interest-rate concerns, geopolitical risks and volatility associated with the new Closing Auction Session continued to weigh on investor sentiment. On the Sensex outlook, analysts said the 77,700-78,000 zone remains the immediate resistance area..
New Delhi: The Indian equity markets posted notable losses on Thursday, as lack of progress in negotiations surrounding the Strait of Hormuz eroded investor optimism. At the closing bell, the Sensex was down 539 points, or 0.70 per cent on an intraday basis at 76,933. The Nifty dipped 116 points, or 0.48 per cent, to.