Indian benchmark equity indices closed higher on Monday, led by gains in banking and IT stocks. The Sensex surged 591 points, or 0.73%, to close at 81,973, while the Nifty gained 164 points, or 0.66%, to end at 25,128. Meanwhile, Tuesday’s trade can see some impact as India’s retail inflation accelerated to a 9-month high…
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…
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…