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…
Indian benchmark equity indices recovered most early losses to close marginally lower in a volatile market on Monday, largely ignoring concerns raised by a new Hindenburg report alleging misconduct by SEBI chief Madhabi Puri Buch. The BSE benchmark Sensex declined 57 points or 0.07% to settle at 79,648.9, while the broader NSE Nifty dropped 20.5…
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…