Reserve Bank of India’s (RBI) CRR cut temporarily lifted markets mood but they eventually finished with declines, ending their five sessions gaining streak. Bank and IT stocks dragged headline indices, the most. While the S&P BSE Sensex settled at 81,709.12, down by 56.74 or 0.07%, the broader Nifty50 closed at 24,677.80, lower by 30.60 or…
Benchmark equity indices, Nifty50 and Sensex, closed at record highs on Friday, erasing election day-related losses, on political continuity and a projection of faster economic growth. The NSE Nifty50 ended 2.05% higher at 23,290 points, while the S&P BSE Sensex closed up 2.16% at 76,693. The Nifty added 3.4% this week, while the Sensex rose…
Indian blue-chip equity indices ended flat on Friday, but logged their best week since early February, led by gains in financials and metal stocks. The benchmark NSE Nifty 50 and S&P BSE Sensex ended the session 0.05% and 0.01% lower, but gained 2.2% and 2.02% on the week. Here’s how analysts read the market pulse:…
Indian shares closed marginally higher in a special session conducted on Saturday for stock exchanges to test a failsafe system for equity trading. Indian equities traded in two special sessions from 9:15 a.m. to 10 a.m. (0345-0430 GMT) from a primary site, and then from 11:30 a.m. to 12:30 p.m. (0600-0700 GMT) from a so-called…