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India’s major indices Nifty and Sensex closed largely unchanged on Thursday as selling pressure on financial stocks limited gains in auto and FMCG stocks. HDFC Bank, which has the highest weightage in Nifty after Reliance Industries (RIL) emerged as the biggest laggard. The broader Nifty rose 14 points, or 0.06%, to close at 25,496.55, while […]
India’s frontline indices Nifty and the BSE Sensex closed sharply lower on Tuesday, dragged by a sharp decline in IT, auto and banking stocks. Today’s fall has wiped out Rs 2.85 lakh crore of investor wealth for stocks listed on the BSE. While the 30-share Sensex closed 1,069 points or 1.28% lower at 82,226, the […]
Domestic benchmark indices recovered from a gap-down opening to end on a firm base. IT stocks emerged as major drags in a volatile trading session, although broad-based buying across sectors kept markets resilient. The Nifty climbed 116.90 points, or 0.46%, to settle at 25,571.25, while the BSE Sensex rose 316.57 points, or 0.38%, to end […]
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, […]
Nifty ended with cuts on Thursday led by massive selling pressure on IT stocks. It was the second loss in a row as the index remained under selling pressure after a weak open.Commenting on the day’s action, Rupak De, senior technical analyst at LKP Securities, said the selling momentum was not strong, resulting in a […]
Indian benchmark indices closed higher for a third straight session on Tuesday, supported by broad-based buying, with auto and metal stocks leading the gains. The Nifty settled at 25,935.15, up 67.85 points, or 0.26%, while the BSE Sensex rose 208.17 points, or 0.25%, to end at 84,273.92.Meanwhile, the volatility gauge India VIX ended at 11.67, […]
Indian benchmark indices closed higher for the second straight session on Monday, supported by broad buying across sectors, with financials, auto and consumer stocks leading the gains. The Nifty settled at 25,867.30, up 173.60 points, or 0.68%, while the BSE Sensex rose 485.35 points, or 0.58%, to end at 84,065.75.Meanwhile, the volatility gauge India VIX […]
India’s benchmark indices broke their two-day winning streak on Thursday to end lower amid broad selling pressure. Financial services, auto and IT stocks led the declines. The Nifty closed at 25,642.80, down 133.20 points or 0.52%, while the BSE Sensex fell 503.76 points, or 0.60%, to 83,313.93.Meanwhile, the volatility gauge India VIX ended at 12.17, […]
In the past holiday week, markets largely traded in a parochial and lethargic manner with Nifty ending the week with small gains.The index fluctuated within a very narrow range of just 227.80 points, between a high of 26,236.40 and a low of 26,008.60. Given the lack of directional signals and participation, the action remained largely […]
