Tag: BSE Sensex
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Global sell-off drags Indian equities to 5-month lows (Market Review)
By Porisma P. Gogoi, Mumbai : A global sell-off triggered by trade protectionist measures imposed by major world economies unleashed the bears in the Indian equity markets during the week, pushing the key indices — NSE Nifty50 and BSE Sensex — to their 5-month lows. Apart from the prospects of escalating trade wars, the risk-taking…
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Equities erase day’s gains to close flat, TCS top loser
Mumbai : The key Indian equity indices on Tuesday gave up all gains to close on a flat note, with the BSE Sensex incurring marginal losses while the NSE Nifty50 held on to the green with minute gains. IT major Tata Consultancy Services (TCS) was the top loser on the domestic bourses. According to market…
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With global trade war fears, banks’ poor showings, bears rule equity markets (Market Review)
By Porisma P. Gogoi, Mumbai : The bears, tracking weak global cues, under-performance by banking sector stocks and outflow of foreign funds, ruled the Indian equity markets during the week ended Friday which saw the BSE Sensex and Nifty50 indices dropping over 2 per cent. Fears of a global trade war following US President Donald…
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Global cues push equity indices to new high levels
Mumbai : The BSE Sensex and Nifty50 continued with gains for the second consecutive trade session to close at new high levels riding on positive global cues, along with inflow of foreign funds and healthy buying in consumer durables, banking and auto stocks. On a closing basis, the wider Nifty50 of the National Stock Exchange…
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Equity indices scale fresh highs; Nifty50 crosses 10,500 intra-day
Mumbai : Ahead of a long weekend, the key Indian equity indices closed at new highs after recording fresh levels on an intra-day basis riding on broadly positive global cues and healthy buying in IT, auto and capital goods stocks. On the National Stock Exchange (NSE), the wider Nifty50 index crossed the 10,500 mark for…
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Ease of biz, positive macro data propel equity indices to new highs
By Porisma P. Gogoi, Mumbai : Bolstered by an upbeat domestic macro data and global cues, the two key Indian equity indices — BSE Sensex and NSE Nifty50 — rode the bulls to scale new highs during the week ended Friday. According to market analysts, India’s advancement to the top 100 in the World Bank’s…
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Macro-data led positive momentum lifts equity indices
By Rohit Vaid, Mumbai : The key Indian equity indices — the S&P BSE Sensex and the NSE Nifty 50 — rose for the third straight week as a healthy macro-data led positive momentum enhanced the risk-taking appetite of investors. However, profit booking, along with fears of higher non-performing asset (NPA) levels in the banking…
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BSE Sensex reclaims 32k-level; healthy buying, global cues lift equities
Mumbai : Paring the previous day’s losses, key Indian equity indices closed on a higher note on Thursday buoyed by positive global cues and intense buying activity during the last hour of trade. Index heavyweights like Reliance Industries (RIL), Tata Consultancy Services (TCS), Sun Pharma, Axis Bank and Hindustan Unilever, among others, aided in the…
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FIIs outflows, geo-political concerns suppress Indian equities
By Porisma P. Gogoi, Mumbai : Key Indian equity indices — the BSE Sensex and the NSE Nifty — witnessed further correction and closed lower by almost two per cent during the week ended Friday, as persistent outflow of foreign funds on the back of a weak rupee, coupled with geo-political risks, suppressed investors’ sentiments.…
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Equities’ 7-day fall concludes; bargain hunting lifts sentiments
Mumbai : Breaking a seven-day-long losing streak, key Indian equity indices — the BSE Sensex and the NSE Nifty50 — on Thursday closed in the green on the back of positive European markets and bargain hunting. Although volatility was induced in the markets intra-day on September derivatives expiry as investors booked profits, short covering in…