Archives for Business
Sensex, Nifty snap 3-day losing streak as bank shares lend support
Mumbai, Indian benchmark equity indices snapped their three-day losing streak on Thursday, supported by gains in banking and financial stocks even as persistent volatility in oil prices kept investors cautious.…
Sensex plunges over 800 points as Brent crude hits $100 amid US-Iran tensions
Mumbai, Indian equity markets extended their decline for the third consecutive session on Wednesday as escalating US-Iran tensions pushed Brent crude prices to the crucial $100-per-barrel mark, raising concerns over…
Sensex, Nifty decline 0.5 pc as IT, metal, PSU bank shares drag markets
Mumbai, Indian benchmark equity indices ended lower on Monday, weighed down by sharp declines in IT, metal, PSU bank and media stocks amid escalating geopolitical tensions, volatility in oil prices…
OPEC+ cartel sticks to status quo on oil production
New Delhi, The OPEC+ cartel maintained a status quo on its oil production for October at a meeting held on Sunday to review global market conditions and outlook. The seven…
Indian markets end higher on easing Fed rate hike concerns; smallcaps hits lifetime high
Mumbai, Domestic equity benchmarks ended higher on Friday as easing concerns over an imminent US Federal Reserve rate hike supported market sentiment, while profit-taking at higher levels and persistent geopolitical…
Sensex drops 417 points amid oil concerns; rupee rebounds
Mumbai, Benchmark equity indices ended lower on Thursday after erasing gains made during the trading session, as investors assessed the inflation outlook amid a spike in oil prices and movements…
Sensex, Nifty extend losses for 3rd session as oil prices, bond yields weigh on sentiment
Mumbai, Indian benchmark equity indices extended their losses for the third consecutive session on Wednesday, as a spike in oil prices heightened concerns over the inflation outlook, while rising bond…
Sensex, Nifty extend losses for 2nd session as bank, auto and realty stocks drag
Mumbai, Benchmark equity indices extended their losses for the second consecutive session on Tuesday, weighed down by selling pressure in bank, auto, realty and healthcare stocks amid renewed tensions between…
Sensex, Nifty end lower as IT, metal, realty stocks weigh on market
Mumbai, Indian benchmark indices ended lower on Monday, weighed down by selling pressure in IT, metal, realty and media stocks amid weak global cues. The Sensex declined points, or per…
Sensex, Nifty post notable losses over global tensions
Mumbai, The Indian equity markets posted notable losses on Thursday, as lack of progress in negotiations surrounding the Strait of Hormuz eroded investor optimism. At the closing bell, the Sensex…