Tag: Key Indian equity
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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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Equity indices propel to fresh highs; Nifty above 10,400 mark
Mumbai : Key Indian equity indices on Wednesday scaled record highs yet again as positive global cues, coupled with a strong rupee and robust buying activities in banking, metals and FMCG stocks, gave a boost to investor sentiments. According to market observers, expectations of upbeat quarterly results, as well as the latest report that India…
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Equities close with marginal losses on profit booking, global cues
Mumbai : Key Indian equity indices on Tuesday fell from their record high levels to close on a flat-to-negative note as investors booked profits in metals, automobile and IT stocks. According to market observers, mixed global cues, coupled with heavy selling pressure in index heavyweights like Infosys, Mahindra and Mahindra (M&M), Tata Steel, State Bank…
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Q2 results, macro-data to guide equity markets’ movement
By Rohit Vaid, Mumbai : Quarterly results along with macro-economic data points are expected to guide the key Indian equity indices during the week ahead, experts said. Additionally, the trajectory of the two key indices is expected to be influenced by global cues, profit bookings and expectations of more economic announcements to support growth. “In…
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Equities ride bulls ahead of Diwali, Nifty scales record highs
By Porisma P. Gogoi, Mumbai : Supported by good buying sentiments ahead of Diwali, key Indian equity indices rode the bulls for the second consecutive week, with the wider Nifty50 of the National Stock Exchange (NSE) hitting record highs on the last trading day of the week. Market observers said the risk-taking appetite of investors…
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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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Equities close flat as caution looms ahead of earnings season
Mumbai : Key Indian equity indices — the BSE Sensex and the NSE Nifty50 — on Monday closed on a flat note with marginal gains on the back of healthy buying in consumer durables, banking and FMCG stocks. According to market observers, the key indices traded range-bound as investors remained cautious ahead of the earnings…
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Equity indices surge on global cues, value buying
Mumbai : Key Indian equity indices surged during the mid-afternoon trade session on Tuesday as positive global cues, coupled with healthy buying in automobile, consumer durables, and oil and gas stocks, lifted investors’ sentiments. According to market observers, expectations of an economic stimulus package aided in the equity markets’ rise. Around 12.45 p.m., the wider…
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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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Profit booking subdues equity markets
Mumbai : Key Indian equity indices closed on a flat-to-positive note as investors booked profits ahead of the release of important macro-economic data later on Friday. Market observers opined that the caution ahead of the RBI’s monetary policy review and a long weekend also forced investors to vacate some of their positions. The wider 51-scrip…