Indian equity indices touched fresh all-time highs and closed higher for the sixth straight session on Tuesday, led by IT and FMCG stocks. The 30-share Sensex ended 177 points higher at 62,682, while its broader peer Nifty 50 ended above the 18,600 level after touching a new peak of 18,678. Among Sensex stocks, HUL, , … Read more
Led by buying in () and other heavyweights in banking and IT stocks, India’s heartbeat index Nifty on Monday zoomed past its previous all-time record high of 18,604 hit earlier on October 19 last year. The index took 275 trading sessions to beat the feat touched 13 months ago. After hitting a 52-week low of … Read more
Ahead of the release of the US Federal Reserve’s November policy meeting minutes later in the night, investors avoided making large bets on Wednesday. Benchmark equity indices closed marginally higher as its opening gains in banking, metals and oil and gas stocks were offset by declines in index heavyweights , and IT stocks. The 30-share … Read more
Snapping three straight days of losses, Indian equity markets closed higher on Tuesday, led by index heavyweight , IT, banking and consumer stocks. The 30-share Sensex ended 274 points higher at 61,419 while its broader peer Nifty 50 ended just below the 18,250 level after trading in a narrow range with investors turning extra cautious … Read more
Tracking negative cues from global peers, benchmark equity indices snapped four-week gaining streak and closed lower for the second straight day on Friday, dragged by auto and private sector bank stocks. The 30-share Sensex ended 87 points lower at 61,663, while its broader peer Nifty 50 settled just above the 18,300 level. Among Sensex stocks, … Read more
In tandem with weak global cues, key equity indices snapped 2-day gaining streak and ended lower on Thursday, led by HDFC twins and IT stocks. The 30-share Sensex ended 230 points lower at 61,750 while its broader peer Nifty 50 ended just above the 18,350 level. Among Sensex stocks, Titan, M&M, , HDFC, Dr Reddy’s, … Read more
NEW DELHI: Headline equity index Nifty today formed a small bodied bullish candle on the daily frame with a longer lower shadow, indicating support-based buying. It has been forming higher highs from the last four sessions. “Now, it has to hold above 18,350 zones, for an up move towards 18,500 then 18,600 zones whereas supports … Read more
Domestic equities could see extended profit booking as concerns over recession amid steeper rate hikes remained following Bank of England’s policy action on Thursday. Options data too indicates that Nifty 50 is likely to be in a consolidation phase, as most of the out-of-the-money call option premiums fell sharply in the previous trading session. Here’s … Read more
Continuing their winning streak for the second straight week, benchmark equity indices closed higher on Friday, led by the index heavyweights , , HDFC and a few private banking stocks. The 30-share Sensex ended 203 points higher at 59,960, while its broader peer Nifty 50 gained 49.85 points to end above the 17,750 level at … Read more
Indian equities may extend gains made during muhurat trading session, but likely selling in few index heavyweights could limit the upside. Here’s breaking down the pre-market actions: STATE OF THE MARKETS SGX Nifty signals a negative startNifty futures on the Singapore Exchange traded 33.5 points, or 0.19 per cent, lower at 17,859, signaling that Dalal … Read more