Indian equity benchmarks opened higher on Monday, with the Sensex rising 718 points and the Nifty gaining 169 points. Energy, auto and IT stocks led the rally amid easing crude oil prices and improving market sentiment.
The Sensex gained 3.11 per cent and the Nifty rose 2.77 per cent over the week. Investors will now track September-quarter earnings, foreign investor flows, bond yields and crude oil prices for the market’s next direction.
Indian equity benchmarks opened higher on Thursday, with the Sensex rising 183.91 points and the Nifty gaining 48.60 points. IT, FMCG, auto and private bank stocks led early gains, while metal and PSU bank shares declined amid weak global cues.
Mumbai: The Indian stock market opened with a decline on Wednesday, but both key indices, Sensex and Nifty, soon recovered and moved into the green. The market was supported by reduced selling by institutional investors amid hopes of relief in long-term capital gains (LTCG) tax and securities transaction tax (STT). However, weak global cues continued.
Indian stock markets opened nearly flat on Tuesday, with the Sensex up 27.05 points and the Nifty gaining 0.80 points. IT and realty stocks led sectoral gains, while healthcare and pharma shares came under pressure.
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.
The Indian stock market opened on a positive note on Friday. Despite the US suspending several major IT and outsourcing companies from the Permanent Labor Certification Program, the IT sector witnessed strong buying.
Indian equity markets opened largely flat on Thursday, with Nifty near 22,600 as gains in IT and pharma stocks were offset by weakness in financial, FMCG and auto shares.
Domestic equity benchmarks traded lower in early deals on Wednesday as investors remained cautious ahead of the Reserve Bank of India's monetary policy decision with global cues also mixed.