Rise in crude prices and a marginal depreciation in rupee, among others, weighed on the indices. Benchmarks closed the session in the red, but a last hour recovery helped them trim these losses. The Nifty managed to hold 10,700, while the Sensex ended above 35,800-mark. The Nifty Midcap index underperformed the benchmarks, which kept the…
Indices end lower despite positive global cues; Nifty below 10,750
Despite firm global cues, equity benchmarks in India closed with cuts of 0.30 percent, with the Nifty ending below 10,800-mark. The Sensex ended over 100 points lower. Global markets witnessed a rally as investors hoped for a positive outcome of the meeting between US and China. But the rally failed to have an impact on…
Equities give up all gains, Nifty below 10,800
Equity benchmarks closed the session with cuts of 0.3 percent on Wednesday, even as global cues remained positive. Selling in the last hour weighed on frontline indices. The Sensex managed to end just above 36,000 and the Nifty closed below 10,800. Selling was visible across sectors, with maximum pain seen around automobiles, banks, infrastructure and…
Positive global cues fail to cheer markets; Nifty falls below 10,900
Equities continued their negative run for the second straight day as last hour selling weighed big. The Nifty closed below 10,900, while the Sensex slipped over 300 points from the day’s high points. Interestingly, the fall took place due to weak domestic cues, as global markets witnessed a rally. Investors there were hopeful of some…
Monday blues on D-Street as Sensex, Nifty end lower; MM down 5%
Equity benchmarks had a subdued performance on Monday, with the Sensex shedding around half a percent. The Nifty ended below 10,900-mark. There was relative underperformance among the broader markets, with the Nifty Midcap index falling nearly 2 percent. Barring the tech stocks, automobiles, energy, and pharmaceuticals ended in the red. Having said that, indices had…
Bears have a field day as Sensex dives 420 points, Nifty below 11,000
Bears had a field day as benchmark indices witnessed a big plunge, especially in the last hour of trade. The Sensex cracked a little over 420 points, while the Nifty gave up the psychological 11,000-mark and ended below 10,950. Tepid global cues, selloff in big names such as Tata Motors and Vedanta dented sentiment. Weakness…
Last hour selloff drags Sensex in red zone, Nifty below 11,100
Possible profit booking by investors, especially after the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) announced a surprise rate cut, could not shore up the market. Last hour selloff pushed the Sensex in the red territory, while the Nifty was back below 11,100 after hitting this level for a brief period. The Bank…
Sensex just short of 37,000, Nifty above 11,000; Tech Mahindra up 8%
What a strong day of trade! Equities closed the session with strong gains. The Nifty ended above 11,000-mark, while the Sensex was just short of 37,000. Both indices managed to close at over four-month highs, according to a CNBC-TV18 report. In the broader market, the Nifty Midcap index witnessed a recovery of over 200 points…
Sensex, Nifty end flat amid good global cues
It’s a flat close for the market on Tuesday morning, with the Nifty managing to hold 10,900-mark. Indices traded in a narrow range through the day, but gave up some gains towards the end of session. The broader market indices continued their underperformance, with BSE Midcap & Smallcap closing lower by 0.5% & 0.9% respectively….
SGX Nifty indicates flat opening for Indian indices
<!– Market Opens: Benchmark indices are trading flat with Nifty holding above 10,900 level. At 09:17 hrs IST, the Sensex is up 27.16 points at 36609.90, while Nifty is up 13.40 points at 10925.70. About 336 shares have advanced, 455 shares declined, and 43 shares are unchanged. JSW STeel, Bharti Airtel, Tata Steel, are trading…