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 benchmark indices closed higher for the second consecutive session on Wednesday, extending momentum from Tuesday, even as IT stocks weighed heavily on the markets. Gains in most other sectors, supported by optimism around the India-US trade deal, helped offset the drag. The Nifty settled at 25,776 points, up 48.45 points or 0.19%, while the […]
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 […]
A sharp rise in GIFT Nifty paved the way for a strong opening on Dalal Street on Tuesday after India and the US announced a long-awaited trade deal, allaying tariff concerns that had weighed on Indian markets for months. GIFT Nifty rose nearly 800 points before easing a bit, signaling a broad-based relief rally. The […]
Shares of export-reliant textile and shrimp companies witnessed renewed buying on Thursday, rising up to 8% on rising hopes of an India-US trade deal. On the sidelines of the World Economic Forum in Davos, US President Donald Trump told Moneycontrol that Washington will have a “good deal with India”, adding that he has great respect […]