India’s benchmark indices ended lower on Friday, marking their first decline in 2025 after gains in the year’s initial two sessions. The retreat was driven by losses in heavyweight financial and IT stocks, as investors turned cautious ahead of the corporate earnings season set to kick off next week. The benchmark BSE Sensex lost 720.60…
Indian benchmark equity indices closed higher on Friday, led by auto stocks after previous week’s sharp drop made valuations relatively more attractive. The Nifty 50 rose 0.27% to end at 23,813 on the day, while the BSE Sensex added 0.29% to 78,699. Both benchmarks gained about 1% each this week, after a 5% slide last…
The Indian market was closed on Wednesday, December 25 on account of the Christmas holiday, while on Tuesday, Indian benchmark indices ended marginally lower, as losses in heavyweight financial and IT stocks offset gains in consumer and auto stocks. With the holiday-truncated week lacking major triggers, analysts expect range bound moves for the benchmark indices…
The Indian market reversed early losses to end in green on Friday. The IT stocks gained on a near-certain U.S. rate cut anticipation while consumer stocks staged a recovery after declining 1% as domestic inflation data showed that rural and urban food inflation remained elevated. The benchmark BSE Sensex gained 843.16 points or 1.04% to…
Indian benchmark indices snapped their five-session winning streak on Friday in a highly volatile trading session, after the Reserve Bank of India (RBI) cut the cash reserve ratio by 50 basis points to ease liquidity conditions, kept interest rates unchanged, and lowered the GDP growth projection. The benchmark S&P BSE Sensex declined by 56.74 points,…
Indian benchmark Nifty 50 snapped a seven-day losing streak on Tuesday, led by gains in HDFC Bank and Mahindra & Mahindra. Analysts attributed the rise in both benchmarks to a short-term relief rally after shares recently slipped into correction territory. The NSE Nifty 50 rose 0.28% to 23,518, ending its longest losing streak since February…
Indian benchmark equity indices marked their longest weekly losing streak since August 2023 on Friday, as a broad-based selloff continued amid persistent foreign investor outflows and disappointing corporate earnings. The NSE Nifty 50 declined 2.7% for the week, while the BSE Sensex fell 2.2%, recording losses for the fourth consecutive week. All sectoral indices logged…
Indian benchmark equity indices Sensex and Nifty50 logged daily and weekly losses on Friday, weighed down by foreign outflows, slowing corporate earnings and escalating tensions in the Middle East. The NSE Nifty 50 lost about 0.2%, while S&P BSE Sensex shed 0.4% this week. They lost about 4.5% each last week as well, the worst…
Indian benchmark equity indices, the Sensex and Nifty, fell for the fifth consecutive session on Friday, marking their worst week in over two years. Concerns about the escalating conflict in the Middle East continued to unsettle investors while rising foreign outflows added to the pressure. The Nifty 50 index declined by 0.93% to 25,014, while…
Indian benchmark equity indices surged to record highs and registered weekly gains on Friday, as an outsized interest rate cut by the U.S. Federal Reserve earlier in the week whetted investor risk appetite across global markets. The NSE Nifty 50 added 1.48% to 25,790 and the S&P BSE Sensex gained 1.63% to 84,544, logging record…