Mumbai: The combined market capitalisation of seven of India’s 10 most-valued companies declined by around Rs 1.13 lakh crore last week, in line with a weak trend in the broader equity market. Bharti Airtel and Reliance Industries were the biggest laggards during the week. The benchmark Sensex fell 276.32 points, or 0.35 per cent, while.
Nifty companies reported 18% year-on-year profit growth in Q1 FY27, marking a 10-quarter high, while mid- and small-cap earnings also posted strong gains.
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.
Mumbai: The Indian stock market is expected to take cues from the start of the June quarter earnings season, global geopolitical developments, crude oil price movements, foreign investor activity and currency trends in the coming week. Benchmark indices ended higher for the third consecutive session on Friday, with the Sensex rising 262 points to close.
Mumbai: Indian benchmark equity indices extended their winning streak for a fourth consecutive week, supported by a sustained decline in crude oil prices, improving global market sentiment and expectations of a more accommodative interest-rate environment. The Nifty 50 gained 0.89 per cent during the week and closed 0.39 per cent higher at 24,270 on Friday. The.
Mumbai: HDFC Bank shares slipped on Tuesday after three consecutive sessions of gains following the appointment of a new part-time chairman, as investors booked profits amid cautious sentiment in the banking space. The stock had recently gained momentum after the announcement of former Finance Secretary and ex-CEC Rajiv Kumar as part-time chairman of the bank’s.
Indian equity benchmarks ended higher on Wednesday, supported by gains in metal, PSU bank and consumer durables stocks, even as investors remained cautious ahead of the US Federal Reserve's policy decision later in the day.
Indian equity benchmark indices ended sharply higher on Monday as investor sentiment improved after the United States and Iran announced a peace agreement, easing geopolitical concerns and lifting risk appetite across global markets.
