Benchmark indices Sensex and Nifty50 hit record highs on Thursday, driven by a surge in commodity stocks amid expectations of China cutting mortgage interest rates to stimulate consumption. The Nifty ended 1.89% higher at 25,388, while the Sensex rose 1.77% to 82,962. Both the benchmarks also hit closing high levels during the session, which was…
The benchmark Nifty index broke its 14-day winning streak, closing in the red on Wednesday due to a global market downturn amid renewed concerns over a U.S. economic slowdown and caution ahead of key data that could impact the Federal Reserve’s interest rate decision. The Nifty 50 ended 0.32% lower at 25,198 points, while the…
Domestic headline equity indices closed higher in a highly volatile market on Wednesday, driven by gains in Consumer Durables stocks. The NSE Nifty 50 index rose 0.29% to 24,770, and the S&P BSE Sensex added 0.13% to 80,905. Investors await the minutes of the latest Fed policy meeting later in the day and Chair Jerome…
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…