The stock markets opened higher on Thursday, fueled by optimism about a potential US Federal Reserve rate cut in September and easing geopolitical tensions. Analysts predict new all-time highs for Nifty and Sensex next week.
The primary factor contributing to the dip was the significant fall in information technology (IT) stocks, reflecting a broader slide in global markets.
In the morning session on Tuesday, benchmark stock market indices in India opened marginally higher as the global rally showed signs of cooling down following a period of robust gains.
From the Sensex pack, Maruti, ICICI Bank, NTPC, Larsen & Toubro, Kotak Mahindra Bank, and Mahindra & Mahindra were the major gainers in the initial trade.
The rupee opened strong at 70.12 at the interbank forex market, then gained further ground to touch 70.09 per dollar, displaying gains of 16 paise against the greenback.
Benchmark equity indices continued their winning run for the seventh consecutive session on Tuesday closing at an over six-month high led by gains in index heavyweights like ITC, RIL and Infosys amid positive domestic cues and sustained foreign fund inflow.
Benchmark indices closed higher for the third straight session on Thursday on stock-specific action amid mixed cues from the global markets.
Surrendering early gains, benchmark Sensex on Friday dropped 96 points to end at 36,009.84 as investors booked profits even as global equities rose.
Benchmark equity indices extended their losses for the third session in a holiday-shortened week Monday on heavy selling in realty, consumer durables, metal and auto counters amid weak global cues as political uncertainties in the US dampened sentiment.
The benchmark BSE Sensex advanced over 100 points in early trade on Wednesday on gains in bluechips like Maruti Suzuki, SBI, Tata Steel and ITC amid rising rupee and tumbling crude prices.
Mumbai: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Thursday was trading flat at 6.15 points or 0.02 percent down during the morning session.The wider 50-scrip Nifty of the National
Mumbai: The benchmark BSE Sensex recovered over 46 points in early volatile trade today as IT sector stocks surged after Infosys reported a 5 per cent growth in net profit for the first quarter of
Mumbai: A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Monday was trading 94.63 points or 0.33 percent down during the morning session.The wider 50-scrip Nifty of the National Stock Exchange (NSE)
Mumbai : A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Thursday was trading at 120.39 points or 0.43 percent up during the morning session.The wider 50-scrip Nifty of the National
Mumbai : A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Tuesday was trading at 42.12 points or 0.15 percent down during the morning session.The wider 50-scrip Nifty of the National
Mumbai, Jun 27: Extending its gains for the second straight day, the Sensex today advanced by 61 points led by metal and power stocks amid hopes of faster economic reforms with Prime Minister Manmohan Singh
Mumbai, Sept 15: The BSE Sensex gained 167 points at 16,876.54 today in highly choppy trade ahead of RBI's policy review, as investors indulged in value buying amid firm trend in overseas markets after Germany
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