Bulls mounted a strong comeback on Thursday, lifting benchmark indices off their intraday lows to close in the green for a second straight session, led by gains in IT stocks. The Nifty rebounded 530 points from its day’s low of 22,182 to settle at 22,713, up 34 points or 0.15% from the previous close. The…
Indian headline indices ended with gains on Friday led by strong action in IT, auto and metal stocks though weakness in banks and financials capped the gains. The broader Nifty rose 112.35 points, or 0.49%, to close at 23,114.50, while the 30-share Sensex gained 325.72 points, or 0.44%, to settle at 74,532.96. Meanwhile, the volatility…
Indian frontline indices closed on a subdued note on Wednesday as weakness in financials, FMCG and energy counters limited the upside despite IT and auto stocks throwing their weight around. The Sensex edged up 50.15 points, or 0.06%, to settle at 82,276.07, whereas the 50-share Nifty rose 57.85 points, or 0.23%, to close at 25,482.50….
The Indian market ended higher on Friday, with the Sensex and Nifty climbing decisively as a strong earnings surprise from Infosys reignited risk appetite and pulled heavyweight IT stocks sharply higher, among other factors. The rally pushed the Sensex and Nifty to fresh intraday highs, reversing recent caution and setting a bullish tone for the…
The Indian market closed higher on Thursday, with the Sensex and Nifty snapping a four-session losing run, lifted by IT shares ahead of the Reserve Bank of India’s policy decision on Friday.The S&P BSE Sensex rose 158 points, or 0.19%, to close at 85,265.32, while the NSE Nifty 50 advanced 48 points, or 0.18%, to…
The Indian market ended in the green for a fifth straight day on Wednesday, lifted by IT shares, as investors looked ahead to the Federal Reserve’s Jackson Hole symposium later this week. The S&P BSE Sensex advanced 213.45 points, or 0.26%, to 81,857.84, while the NSE Nifty 50 gained 69.90 points, or 0.28%, closing above…
The Indian market ended higher on Tuesday, lifted by advances in financial and IT stocks, after U.S. President Donald Trump delayed the rollout of new tariffs to August 1 and imposed fresh levies on several trading partners but signalled that a trade deal with India was near, saying the two countries were “close to a…