Indian benchmark equity indices Sensex and Nifty50 logged daily and weekly losses on Friday, weighed down by foreign outflows, slowing corporate earnings and escalating tensions in the Middle East. The NSE Nifty 50 lost about 0.2%, while S&P BSE Sensex shed 0.4% this week. They lost about 4.5% each last week as well, the worst…
Indian benchmark equity indices, the Sensex and Nifty, fell for the fifth consecutive session on Friday, marking their worst week in over two years. Concerns about the escalating conflict in the Middle East continued to unsettle investors while rising foreign outflows added to the pressure. The Nifty 50 index declined by 0.93% to 25,014, while…
Indian benchmark equity indices surged to record highs and registered weekly gains on Friday, as an outsized interest rate cut by the U.S. Federal Reserve earlier in the week whetted investor risk appetite across global markets. The NSE Nifty 50 added 1.48% to 25,790 and the S&P BSE Sensex gained 1.63% to 84,544, logging record…
Domestic benchmark equity indices, Sensex and Nifty50, closed marginally lower on Friday, weighed down by FMCG and energy stocks. However, they recorded their best weekly performance since the end of June, ahead of a likely rate cut by the Federal Reserve. The Nifty 50 closed 0.13% lower at 25,356, while the Sensex fell 0.09% to…
Indian bluechip equity indices Nifty50 and Sensex hit fresh record highs on Friday, driven by gains in financials and IT stocks, following US economic data that eased growth concerns. The benchmark NSE Nifty 50 rose 0.33% to 25,235.9, while the S&P BSE Sensex added 0.28% to 82,365.7. They added 1.6% this week and about 1%…
Indian benchmark equity indices Nifty and Sensex ended flat in a highly volatile session on Friday, while global markets advanced after Federal Reserve Chair Jerome Powell stated that “the time has come” to reduce interest rates. Speaking at the economic symposium at Jackson Hole, U.S., Powell explicitly endorsed an imminent policy easing, noting that further…
Indian benchmark equity indices ended lower on Friday, once again succumbing to profit booking after hitting all-time highs, although they locked in a third straight week of gains powered by a rally in financials and the return of foreign investors. The NSE Nifty 50 fell 0.28% to end at 23,501, while the S&P BSE Sensex…
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 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…