Indian shares closed higher on Monday, with the Sensex and Nifty breaking a five-session losing streak after a late afternoon recovery, as investors took comfort from signs of renewed engagement between New Delhi and Washington on trade. The initial losses eased sharply after the incoming US ambassador to India said the two sides would begin […]
Indian shares ended the first trading session of the year on Thursday with the Sensex closing marginally lower and the Nifty closing modestly higher as gains in IT heavyweights offset losses caused by a decline in the ITC after the government announced a new tax on cigarettes.The BSE Sensex fell 32 points, or 0.04%, to […]
Indian shares closed little changed on Tuesday, with the Sensex and Nifty extending their losing streaks, as thin year-end trading and continued concerns over foreign fund outflows kept investors cautious and volumes subdued.The BSE Sensex fell 20 points, or 0.02%, to close at 84,675.08, while the NSE Nifty 50 fell 3 points, or 0.01%, to […]
India’s benchmark indices Sensex and Nifty closed lower on Friday as investors cut positions near record highs, while thin year-end trading and continued foreign outflows dampened risk appetite. The pullback capped a subdued session marked by light participation and selective selling among index heavyweights.The BSE Sensex fell 367 points or 0.4% to end at 85,041.45, […]
Indian shares opened flat on Monday, with the Sensex and Nifty showing little direction as investors entered a week of IPOs. Now that last week’s Reserve Bank of India policy decision has been digested, traders are keeping a lid on risk ahead of the US Federal Reserve’s rate hike later this week, where a cut […]
Indian stock markets have spent almost eighteen months in a sideways move, and according to Ashi Anand, founder and CEO of IME Capital, this consolidation phase has been shaped by a mix of headwinds: weak growth, high interest rates and geopolitical uncertainty. But the story gradually gets better. Anand notes that growth indicators have strengthened […]
The Indian market closed higher on Thursday with the Sensex and Nifty snapping a four-session losing streak, lifted by IT stocks ahead of the Reserve Bank of India’s policy decision on Friday. The S&P BSE Sensex rose 158 points, or 0.19%, to close at 85,265.32, while the NSE Nifty 50 advanced 48 points, or 0.18%, […]
The Indian market ended weaker on Wednesday, with the Sensex and Nifty heading lower and extending their decline to a fourth session, while investors remained cautious around record levels. The mood on Dalal Street remained subdued ahead of the Reserve Bank of India’s interest rate decision and policy announcements due on Friday, and as continued […]
The Indian market ended lower on Tuesday, with the Sensex and Nifty retreating after briefly beating record levels in the previous session, as investors held on to gains and foreign funds continued to trim their exposure. A mix of profit-taking and external pressure kept the benchmarks under pressure. The S&P BSE Sensex fell 503.63 points, […]
The Nifty50 index rose to a new all-time high of 26,310.45 during Thursday’s trading session, supported by strong buying interest among heavyweights in financial, IT, infrastructure and consumption-related stocks.The broad-based optimism in the market was reflected in the positive performance of 24 of the 50 index constituents, with several frontline stocks delivering solid percentage gains. […]