Mumbai : India’s stock indices logged the highest weekly gain in four months, up 1.7%, driven by momentum in banking stocks and optimism ahead of Diwali that led to a technical breakout in the benchmark. Analysts said that while short-term gains of around 500 points are possible, these may not be sustained after Diwali. The…
Stock Market Closing Bell: The benchmark Indian equity indices gave up most of their earlier gains towards the end of Monday’s trading session but still managed to close in positive territory amid mixed market sentiments. The BSE Sensex, which scaled an intra-day high of 81,171.38, ended the day at 80,787.30, up 76.54 points or 0.09 per…
India’s equity indices ended almost 1% lower on Friday, marking their fifth straight week of losses-the longest losing streak in two years-as concerns over the fallout of US tariffs on Indian exports weighed on sentiment. The NSE Nifty fell 0.8% or 203 points to finish at 24,565.35. The BSE Sensex moved 0.7% or 585.67 points…
Indian equity markets extended losses on Friday amid rising anxiety over the pending India-US trade deal, weak corporate earnings, and persistent foreign investor selling. Key indices dropped nearly 1 per cent, with most sectors and broader markets in the red. As of 2:53 PM IST, the BSE Sensex had declined 748.22 points (0.91 per cent)…