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New Delhi, Apr 8 (PTI) Shares of oil marketing companies soared on Wednesday, with HPCL climbing 9 per cent, as crude oil prices retreated sharply to fall below the USD 100 mark after the US and Iran announced a two-week ceasefire. Brent crude, the global oil benchmark, dropped 14.03 per cent to USD 93.87 per barrel. The stock of Hindustan Petroleum Corporation Ltd (HPCL) zoomed 9 per cent to Rs 361.35 on the BSE. Shares of Bharat Petroleum Corporation Ltd (BPCL) jumped 8.83 per cent to Rs 30 ...Read More >
Gail (India) jumped 5.71% to Rs 153.55 after the company said that it has entered into a long-term charter party agreement with Alpha Gas, a leading Greek shipping major, for the LNG carrier "Energy Fidelity." The charter party agreement was executed between GAIL and Pantheon Maritime Services, a Singapore based affiliate of Alpha Gas. The LNG carrier Energy Fidelity, with a cargo capacity of 174,000 cubic meters, is equipped with two-stroke propulsion system, complemented by advanced air lubr ...Read More >
Mumbai: Gold and silver prices on Wednesday traded sharply higher due to safe-haven demand, even after a two-week ceasefire plan was announced by US President Donald Trump. On the Multi Commodity Exchange (MCX), gold futures (June 5) jumped as much as Rs 3,688 or 2.45 per cent to an intraday high of Rs 1,53,977 as of 10:52 AM. The yellow metal was trading at Rs 1,53,920, up Rs 3,631 or 2.42 per cent. It touched an intraday low of Rs 1,53,301, a gain of 2 per cent from the previous close. On t ...Read More >
MUMBAI: India's equity market cheered the two-week ceasefire in West Asia and the reopening of the Strait of Hormuz as benchmark indices- the BSE Sensex and the NSE Nifty50- sprinted almost 4% in early trade deals. The Sensex surged 2,800 points, or 4%, to an intraday high of 77,456, while the Nifty50 jumped over 800 points, or 3.7%, to the day's high of 23,961. The relief rally came after US President Donald Trump said that Washington would suspend military actions against Iran for two weeks a ...Read More >
MUMBAI: Dalal Street witnessed a major relief on Wednesday, with equity benchmarks opening sharply higher, jumping more than 3 per cent each after the announcement of a two-week ceasefire in the US-Israel-Iran conflict by both sides. Sensex climbed as much as 3.71 per cent or 2, 775 points to 77, 392, hitting an intra-day high in early trade. Similarly, Nifty traded at 23, 938, up 3.52 per cent or 815 points, from the previous close amid buying in auto, realty, banking, IT, and metal sector sto ...Read More >
(RTTNews) - Indian shares opened on an upbeat note on Wednesday after the U.S. and Iran agreed to a two-week ceasefire, contingent on reopening the Strait of Hormuz, sending oil prices crashing. The benchmark BSE Sensex was up 2,758 points, or 3.7 percent, at 77,374 in early trade ahead of the RBI's monetary policy decision later in the day. The broader NSE Nifty index soared 802 points, or 3.5 percent, to 23,925. Airline IndiGo traded nearly 10 percent higher as crude prices plunged below $10 ...Read More >
Mumbai, April 8: Dalal Street witnessed a major relief on Wednesday, with equity benchmarks opening sharply higher, jumping more than 3 per cent each after the announcement of a two-week ceasefire in the US-Israel-Iran conflict by both sides. Sensex climbed as much as 3.71 per cent or 2,775 points to 77,392, hitting an intra-day high in early trade. Similarly, Nifty traded at 23,938, up 3.52 per cent or 815 points, from the previous close amid buying in auto, realty, banking, IT, and metal secto ...Read More >
Mumbai: Dalal Street witnessed a major relief on Wednesday, with equity benchmarks opening sharply higher, jumping more than 3 per cent each after the announcement of a two-week ceasefire in the US-Israel-Iran conflict by both sides. Sensex climbed as much as 3.71 per cent or 2,775 points to 77,392, hitting an intra-day high in early trade. Similarly, Nifty traded at 23,938, up 3.52 per cent or 815 points, from the previous close amid buying in auto, realty, banking, IT, and metal sector stocks ...Read More >
New Delhi [India], April 8 (ANI): Indian benchmark indices opened with significant gains on Wednesday as global investor sentiment improved following the announcement of a ceasefire between the United States and Iran. BSE Sensex stood at 77,230.04 points, marking an increase of 2,613.46 points or 3.50 per cent at 9:15 am. Simultaneously, NSE Nifty 50 stood at 23,855.15 points, up by 731.50 points or 3.16 per cent. A key trigger for the rally was the sharp correction in crude oil prices, with Br ...Read More >
Mumbai, Apr 8 (PTI) Stock market benchmark indices Sensex and Nifty surged in early trade on Wednesday following a sharp rally in global peers and a significant drop in crude oil prices after the US and Iran announced a two-week ceasefire. The 30-share BSE Sensex jumped 2,775.73 points or 3.71 per cent to 77,392.31 in early trade. The 50-share NSE Nifty surged 815.2 points or 3.52 per cent to 23,938.85. From the 30-Sensex firms, InterGlobe Aviation jumped the most by nearly 10 per cent. Larsen ...Read More >
Mumbai, April 8 (SocialNews.XYZ) Dalal Street witnessed a major relief on Wednesday, with equity benchmarks opening sharply higher, jumping more than 3 per cent each after the announcement of a two-week ceasefire in the US-Israel-Iran conflict by both sides. Sensex climbed as much as 3.71 per cent or 2,775 points to 77,392, hitting an intra-day high in early trade. Similarly, Nifty traded at 23,938, up 3.52 per cent or 815 points, from the previous close amid buying in auto, realty, banking, IT ...Read More >
Mumbai: Dalal Street witnessed a major relief on Wednesday, with equity benchmarks opening sharply higher, jumping more than 3 per cent each after the announcement of a two-week ceasefire in the US-Israel-Iran conflict by both sides. Sensex climbed as much as 3.71 per cent or 2,775 points to 77,392, hitting an intra-day high in early trade. Similarly, Nifty traded at 23,938, up 3.52 per cent or 815 points, from the previous close amid buying in auto, realty, banking, IT, and metal sector stocks ...Read More >
Mumbai, April 7: Stock market benchmark indices Sensex and Nifty ended higher on Tuesday, as a drop in crude oil prices and a rally in global markets calmed investors' sentiment. Also, buying in IT stocks aided recovery in the markets after early losses. The 30-share BSE Sensex jumped 509.73 points, or 0.69 per cent, to settle at 74,616.58. During the day, it hit a high of 74,686.32 and a low of 73,282.41, gyrating 1,403.91 points. The 50-share NSE Nifty climbed 155.40 points, or 0.68 per cent ...Read More >
Mumbai, April 3 (IANS) Indian equity markets closed lower for the sixth consecutive week amid escalating geopolitical tensions in West Asia and sharp currency fluctuations, with both headline indices ending in the red during a shortened four-day trading week. Sensex ended at 73,319.55 on Thursday, down 263.67 points or 0.35 per cent, compared to the previous Friday's close. Nifty 50 settled at 22,713.10, a decline of 106.50 points or 0.46 per cent on a week-on-week basis. In the final session ...Read More >
Mumbai, Apr 7 (PTI) The rupee depreciated 16 paise to close at 93.06 against the US dollar on Tuesday, as investors remained on edge ahead of US President Donald Trump's deadline for the opening of the Strait of Hormuz and the Reserve Bank's monetary policy review. Forex traders said the USD/INR pair is trading under pressure, dragged down by unabated withdrawal of foreign capital, a firm dollar, and higher crude oil prices amid a volatile geopolitical situation. Moreover, market participants ...Read More >
Mumbai (Maharashtra) [India], April 7 (ANI): The domestic equity markets witnessed a highly volatile session on Tuesday, opening in the red amid selling pressure but recovering sharply by the close, supported by gains in IT and metal stocks. The benchmark indices ended the session on a strong note, with the Nifty closing at 23,015.90, up 155.40 points or 0.68 per cent. The BSE Sensex also surged by 509.73 points or 0.69 per cent to settle at 74,616.58. Also Read | Apple Foldable iPhone 'Ultra' ...Read More >
Mumbai, April 7: Indian equity markets extended their winning streak for a fourth straight session, supported by late buying interest that lifted benchmark indices higher by the close. The Nifty ended the day up 0.68 per cent, gaining 155.40 points to settle at 23,123.65. Meanwhile, the Sensex rose 0.69 per cent, or 507.73 points, to close at 74,616.58. "Going ahead, continuation of this momentum may push the index towards the 23500-23600 resistance band, which remains a critical hurdle due to ...Read More >
Mumbai (Maharashtra) [India], April 7 (ANI): The domestic equity markets witnessed a highly volatile session on Tuesday, opening in the red amid selling pressure but recovering sharply by the close, supported by gains in IT and metal stocks. The benchmark indices ended the session on a strong note, with the Nifty closing at 23,015.90, up 155.40 points or 0.68 per cent. The BSE Sensex also surged by 509.73 points or 0.69 per cent to settle at 74,616.58. Market sentiment remained cautious during ...Read More >
Mumbai, April 7 (SocialNews.XYZ) Indian equity markets extended their winning streak for a fourth straight session, supported by late buying interest that lifted benchmark indices higher by the close. The Nifty ended the day up 0.68 per cent, gaining 155.40 points to settle at 23,123.65. Meanwhile, the Sensex rose 0.69 per cent, or 507.73 points, to close at 74,616.58. "Going ahead, continuation of this momentum may push the index towards the 23500-23600 resistance band, which remains a critic ...Read More >
Mumbai: Indian stock markets witnessed sharp volatility on Tuesday. The indices opened weak, saw a quick recovery, but failed to hold gains later in the session. As per latest data, the Nifty 50 was trading at 22,945.70, down 22.55 points, while the BSE Sensex stood at 74,007.92, lower by 98.93 points. The day started on a weak note, with Nifty around 22,950. It soon dropped sharply to the day's low near 22,719, before recovering to above 22,900 levels. However, another round of selling dragged ...Read More >
New Delhi [India], April 7 (ANI): The Ministry of Petroleum and Natural Gas has conveyed that the daily quantity of 5 kg FTL (Free Trade LPG) cylinders allocated to each State for distribution to migrant labourers is being doubled. In its letter to the Chief Secretaries of all states and Union Territories, the Ministry stated that the increase is based on the average daily supply (number of cylinders) provided to migrant labourers during March 2 to 3, and is beyond the earlier limit of 20% ment ...Read More >
(RTTNews) - Indian shares opened on a sluggish note on Tuesday as Iran rejected proposals for a temporary ceasefire and U.S. President Donald Trump expanded his threat against Iran to include all power plants and bridges before his Tuesday-night deadline. The benchmark BSE Sensex was down 480 points, or 0.7 percent, at 73,627 in early trade, while the broader NSE Nifty index dropped 139 points, or 0.6 percent, to 22,829. Selling was seen across the board, with SBI, ICICI Bank, Larsen & Toubro, ...Read More >
MUMBAI: The Indian stock markets on Tuesday witnessed sharp losses in early trade, with equity benchmarks declining 1 per cent each amid uncertainty over a possible resolution to the West Asia conflict, ahead of a deadline set by US President Donald Trump to reopen the Strait of Hormuz. Sensex opened 372 points or 0.50 per cent lower at 73, 734, while Nifty began the session at 22, 838. Later in early trade, the 30-scrip basket declined as much as 1.11 per cent or 824.44 points, hitting an int ...Read More >
MUMBAI: Stock market benchmark indices Sensex and Nifty declined in early trade on Tuesday as surging crude oil prices amid growing uncertainty about the fate of West Asia war dented investors' sentiment. Unabated foreign fund outflows also added to the gloom. The 30-share BSE Sensex tumbled 824.44 points to 73,282.41 in early trade. The 50-share NSE Nifty dropped 248.95 points to 22,719.30. From the 30-Sensex firms, InterGlobe Aviation, Eternal, Axis Bank, Mahindra & Mahindra, State Bank of ...Read More >
Mumbai: Stock market benchmark indices Sensex and Nifty declined in early trade on Tuesday as surging crude oil prices amid growing uncertainty about the fate of West Asia war dented investors' sentiment. Unabated foreign fund outflows also added to the gloom. The 30-share BSE Sensex tumbled 824.44 points to 73,282.41 in early trade. The 50-share NSE Nifty dropped 248.95 points to 22,719.30. From the 30-Sensex firms, InterGlobe Aviation, Eternal, Axis Bank, Mahindra & Mahindra, State Bank of In ...Read More >
Mumbai, April 7 (SocialNews.XYZ) The Indian stock markets on Tuesday witnessed sharp losses in early trade, with equity benchmarks declining 1 per cent each amid uncertainty over a possible resolution to the West Asia conflict, ahead of a deadline set by US President Donald Trump to reopen the Strait of Hormuz. Sensex opened 372 points or 0.50 per cent lower at 73,734, while Nifty began the session at 22,838. Later in early trade, the 30-scrip basket declined as much as 1.11 per cent or 824.44 ...Read More >
Mumbai, April 7: The Indian stock markets on Tuesday witnessed sharp losses in early trade, with equity benchmarks declining 1 per cent each amid uncertainty over a possible resolution to the West Asia conflict, ahead of a deadline set by US President Donald Trump to reopen the Strait of Hormuz. Sensex opened 372 points or 0.50 per cent lower at 73,734, while Nifty began the session at 22,838. Later in early trade, the 30-scrip basket declined as much as 1.11 per cent or 824.44 points, hitting ...Read More >
New Delhi [India], April 7 (ANI): The Indian Market opened in the red on Tuesday as the benchmark indices experienced a sharp decline during the early trade, tracking global cues and rising energy costs. The BSE Sensex stood at 73,371.20 points, marking a significant drop of 735.65 points or 0.99 per cent at 9:16 am. At the same time, the NSE Nifty 50 started at 22,741.30 points, recording a decrease of 226.95 points or 0.99 per cent. The negative opening follows a surge in Brent crude prices, ...Read More >
New Delhi, Apr 6 (PTI) Falling for the second day in a row, shares of Reliance Industries on Monday dropped over 3 per cent on the bourses. The bellwether stock declined 3.41 per cent to settle at Rs 1,304.75 on the BSE. During the day, it dropped 4.50 per cent to Rs 1,290. At the NSE, the stock edged lower by 3.39 per cent to Rs 1,304.70. In two trading days, the stock has lost 4.68 per cent, wiping out Rs 86,743.14 crore from its market valuation. The company's market valuation slipped belo ...Read More >
NEW DELHI: India's equity markets made a sharp recovery on Monday, with benchmarks -- the BSE Sensex and the NSE Nifty -- settling more than 1% higher each, as reports of a potential ceasefire between the US and Iran lifted sentiment. A rebound in the rupee following the Reserve Bank of India's intervention with a slew of measures to restrict banks from onshore forward markets also provided support to the equity market. The Sensex advanced by 787 points, or 1.07%, to settle at 74,106.85, while ...Read More >
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