The Indian equity markets entered June on a tepid note, as frontline indices closed with minor cuts on Monday, June 2, against a backdrop of mixed cues globally and sectoral rotation. The opening stages of trading in Indian equity markets saw some profit booking, especially in front-line indices – however, a late recovery helped pare…
On Tuesday, the Indian stock markets had a bit of a rollercoaster ride, with major indices slipping below crucial support levels due to a wave of selling. The benchmark BSE Sensex took a hit, dropping 625 points, or 0.76 per cent, to finish at 81,552. The Nifty 50 wasn’t far behind, falling by 175 points,…
Indian equity markets closed sharply higher on Monday, May 26, as bulls dominated Dalal Street for a second consecutive session. The rally was led by strong buying in auto and IT sectors, supported by favourable global cues, early monsoon progress, and firm domestic macros. The BSE Sensex jumped 455.37 points or 0.56 per cent to…
 Benchmark indices Sensex and Nifty staged a smart comeback on Friday, May 23, led by gains in heavyweight IT and FMCG stocks. After opening flat, both indices picked up momentum post late morning trades, tracking recovery in global markets. The BSE Sensex closed 769.09 points higher at 81,721.08, while the NSE Nifty surged 243.45…
Indian equities witnessed a sharp intraday selloff on Monday, May 20, with benchmark indices Sensex and Nifty plunging nearly 1 per cent each. The BSE Sensex cracked an 800-point resistance to an intraday low of 81,209.64, while the Nifty 50 lost 260 points to 24,679.90 amidst otherwise severe profit-booking off sectors. The broader indices followed…
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