India’s benchmark indices – the Nifty and the BSE Sensex – ended sharply lower on Friday, driven by broad selling pressure. Auto, financial services and FMCG stocks were among the top laggards, while the IT sector witnessed selective buying.In a volatile trading session, the broader Nifty fell 317.90 points, or 1.25%, to close at 25,178.65. […]
Indian stock markets closed sharply lower on Thursday after ongoing tensions between the US and Iran triggered broad selling. The benchmark indices broke their three-session winning streak, pressured by losses in auto, financial, IT and consumer stocks. The Nifty fell 365 points, or 1.41%, to settle at 25,454.35, while the 30-share BSE Sensex ended at […]
Nifty ended with deep cuts on Thursday as the US-Iran standoff continued, triggering a widespread sell-off. The benchmark indices ended their three-session winning streak, which was dragged by auto, financial services, IT and consumer stocks. The index fell below the 50DMA and the 21EMA in one fell swoop.Rupak De, Senior Technical Analyst at LKP Securities, […]