Quality Strength: Company gets multiple purchase orders worth Rs 146 cr. (Positive) RailTel: Company has secured a major work order from IIT Delhi for the supply, installation, testing and commissioning of underground fiber optic cable infrastructure. (Positive) Capacite Infraprojects: Company gets letter of intent from TenX Realty for project worth Rs 537 crore (positive) Brigade […]
India’s frontline indices closed subdued on Wednesday as weakness in the financial, FMCG index and energy sectors limited upward movement even as IT and auto stocks threw in their weight. The Sensex rose 50.15 points, or 0.06%, to settle at 82,276.07, while the 50-share Nifty rose 57.85 points, or 0.23%, to 25,482.50.Meanwhile, the volatility gauge […]
Nifty ended the week with a gain of 0.4%, supported by buying in financials and metals. With trading in domestic markets set to resume on Monday, a host of key events throughout the week are likely to impact investor sentiment.The 50-stock index rose 117 points, or 0.46%, on Friday to close at 25,571. Rupak De, […]
Nifty finished flat in an otherwise range-bound session on Wednesday, posting its fourth consecutive gain. The technical situation remains bullish, with the RSI in a bullish crossover and the index trading above 20DMA, supporting a positive bias.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities said the index encountered resistance at […]
The India-US trade deal provided a strong boost to domestic equities, with benchmark indices ending the session with broad gains across sectors. Financial, auto, real estate and chemicals sectors emerged as the best performers, while Reliance Industries and HDFC Bank were the largest individual contributors to the frontline indices. The Nifty closed at 25,727.55, up […]
Over the past week, markets have traded within a range while maintaining a positive bias. After seeing some volatility early this week, the Nifty fluctuated between 24,932 and 25,458 before settling for modest gains. India’s VIX fell 3.95% to 13.63, indicating easing volatility ahead of the event. Overall, the Nifty ended the week with a […]
The Indian market closed sharply lower on Tuesday after a late morning sell-off dragged benchmark indices to their lowest levels in more than two months. At the end of the session, the BSE Sensex fell 1,065.7 points or 1.28% to close at 82,180.47, while the NSE Nifty 50 fell 353 points or 1.38% to 25,232.50. […]
In the curtailed week, markets largely consolidated within a narrow range, with Nifty ending the week almost flat with a marginal positive bias. There was a trading holiday on Thursday due to the Mumbai municipal elections. The benchmark index had low participation and remained within the range throughout the period, given the absence of major […]
The markets saw a decisive drop in trading margin of 500 points (26,200-25,700) after a period of consolidation, ending the week on a negative note. Throughout the week, Nifty was trading with a clear downtrend, fluctuating within a range of 750 points between 26,373 and 25,623. It was the only major global stock index to […]
Nifty ended the week with a gain of over 1%, helped by strong buying on Friday, led by metal and PSU banking stocks. With domestic markets set to reopen on Monday, a host of key events throughout the week are likely to impact investor sentiment.The benchmark index closed 182 points, or 0.70%, higher at 26,328.55, […]