Indian headline indices today broke their three-session losing streak to end with sharp gains, powered by banks, auto and consumer stocks. The broader Nifty surged 257.70 points, or 1.11%, to close at 23,408.80, while the 30-share BSE Sensex declined 938.93 points, or 1.26%, to settle at 75,502.85. Meanwhile, the volatility gauge India VIX ended at…
Shares of textile companies such as Gokaldas Exports, KPR Mill, Pearl Global and other textile stocks decline up to 6% on Tuesday after neighbouring Bangladesh signed a trade agreement with the U.S., securing a reduced 19% tariff and exemptions on select textiles and garments made using materials sourced from the country. In the morning, Gokaldas…
The Indian market ended weaker on Wednesday, with the Sensex and Nifty edging lower and extending their slide to a fourth session as investors stayed cautious near record levels. The mood on Dalal Street remained guarded ahead of the Reserve Bank of India’s interest-rate decision and policy cues due Friday and as persistent foreign outflows…
The Indian market ended higher on Thursday after the government trimmed levies on a range of goods in a Goods and Services Tax (GST) overhaul aimed at spurring consumption ahead of the festive season and offsetting pressure from steep U.S. tariffs. The NSE Nifty advanced 19.25 points, or 0.08%, to finish at 24,734.30, while the…
The Indian market ended in the green on Tuesday, snapping a three-day losing streak, as value buying in blue-chip names like Reliance Industries and HDFC Bank buoyed sentiment and tempered concerns over persistent foreign outflows and delays in a potential trade deal with the United States. The BSE Sensex rose 446.93 points, or 0.55%, to…
The Indian market ended higher on Monday, buoyed by stronger-than-expected earnings from banking heavyweights HDFC Bank and ICICI Bank. However, gains were tempered by a decline in Reliance Industries, amid concerns over weakness in its oil-to-chemicals and retail businesses. The Sensex added 442.61 points, or 0.54%, to close at 82,200.34, while the NSE Nifty advanced…
The Indian market ended lower on Wednesday, pressured by losses in IT and oil & gas stocks, along with a decline in heavyweight Reliance Industries. Market sentiment stayed cautious amid persistent uncertainty over U.S. tariff policies, as investors awaited clarity on a possible U.S.-India trade agreement. The BSE Sensex shed 176.43 points, or 0.21%, to…
The Indian equity market closed higher on Thursday, buoyed by gains in financial and information technology stocks, as market participants welcomed a U.S. trade court ruling that blocked the bulk of former President Donald Trump’s proposed “Liberation Day” import tariffs. The BSE Sensex gained 320.70 points, or 0.39%, to close at 81,633.02, while the NSE…
Indian benchmark indices Sensex and Nifty opened higher on Friday, lifted by gains in IT and auto stocks, following a positive trend in Asian markets after US President Donald Trump said trade talks with China are underway. The BSE Sensex was trading 289 points, or 0.33%, higher at 80,067. The Nifty50 was up 87 points,…
Indian headline indices broke their four sessions losing streak helped by gains in banks and auto stocks notwithstanding a selling pressure in IT stocks. The mood was upbeat also because the December CPI inflation eased to its four-month low of 5.22%. While the S&P BSE Sensex settled at 76,499.63, gaining by 169.62 points or 0.22%,…