Sensex, Nifty recover from lows, but volatility likely to stay

Indian markets recovered from early lows to close marginally in the red on January 8. The morning trade was volatile, in line with other Asian markets after Iran launched a missile attack against US troops in Iraq. Fears were abated slightly as hopes grew that the United States would stop short of a strong retaliation…

Nifty back above 12,000 but is the worst over?

After falling for two days, Indian markets rebounded on January 7, pushing the Nifty above 12,000 as the US-Iran tensions didn’t inflame further which eased crude prices and strengthened the rupee. The Sensex rallied by about 200 points, while the Nifty gained 50 points to close above 12,050 levels. The rupee was stronger after it…

Manic Monday! Investors lose Rs 3 lk cr amid rising Middle-East tensions

The S&P BSE Sensex plunged nearly 800 points to register its biggest single-day fall in a year while Nifty50 breached 12,000 to post its biggest one-day fall in six months. Volatility index surged over 16 percent, the biggest single-day gain in a year. Rising Middle-East tensions wiped out almost Rs 3 lakh crore in terms…

Market ends lower as US-Iran tensions weigh on sentiment

The Indian market felt the heat of rising tensions between the US and Iran which pushed prices of safe-haven assets higher and dragged riskier equities lower on January 3. Major markets across the globe declined, global crude oil prices rose about 4 percent and gold and other safe-haven assets jumped as the US killing of…

Nifty ends at record closing high; mid, smallcaps rally over 1%

It was indeed a terrific Thursday! Nifty came within striking distance of hitting fresh record highs, while the S&P BSE Sensex rallied by more than 300 points tracking strong global and local cues. Let’s look at the final tally on D-Street – the S&P BSE Sensex rose 320 points to 41,626 while the Nifty50 closed…

Nifty closes below 12,200 despite govt#39;s Rs 100-lakh-cr infra boost

Indian market witnessed profit booking at higher levels and both Sensex and Nifty pared morning gains and closed near their intraday lows on Wednesday. Let’s look at the final tally on D-Street – the S&P BSE Sensex rose 52 points to 41,306 while the Nifty50 ended with gains of 14 points at 12,182. It hit an…