Tag: equity
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Growth projection, global cues lift indices to record highs
Mumbai : Positive global cues, along with prediction of healthy economic growth and better-than-expected quarterly results, lifted the key Indian equity indices to new record intra-day and closing high-levels on Wednesday. According to market observers, the inflow of foreign funds and healthy buying in consumer durables, banking and oil and gas stocks pushed the key…
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Profit booking subdues equity indices, banking stocks down
Mumbai : Profit booking, along with concerns over global protectionist measures, subdued the Indian equity indices on Tuesday. According to market observers, heavy selling pressure in oil and gas, banking and healthcare stocks capped the gains. Index-wise, the 30-scrip Sensitive Index (Sensex) closed the day’s trade at 37,665.80 points, down by 26.09 points and 0.07…
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Healthy macro data, prediction of monsoon recovery lift equity indices
Mumbai : The key Indian equity indices — S&P BSE Sensex and NSE Nifty50 — rose over 1 per cent each on Friday supported by a healthy macro economic data and prediction of recovery in monsoon rains. Market observers cited broadly positive global indices coupled with lower crude oil prices as other factors which buoyed…
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Equity indices reach new benchmarks, Sensex ends near 37,500 mark
Mumbai : Domestic equity indices continued to set new benchmarks on Monday and settled at their record closing levels, supported by healthy quarterly earnings. Earlier in the day, the BSE Sensex crossed the 37,500 mark for the first time and touched an all-time intra-day high of 37,533.50 points. The NSE Nifty50 also hit a fresh…
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Q1 earnings, GST cuts lift equity indices to fresh benchmarks (Market Review)
By Rituraj Baruah, Mumbai : With healthy quarterly earnings, tax-rate cuts on over 50 consumer items, domestic investor sentiments firmed up in the week ended Friday making the equity indices set new records and benchmarks every other day. On Friday, both the S&P BSE Sensex and NSE Nifty50 settled at their respective highest closing levels…
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Equity indices continue to set fresh benchmarks on firm Q1 results
Mumbai : Supported by healthy corporate earnings and firm global cues, the domestic equity market continued its bull run on Friday with the S&P BSE Sensex and the NSE Nifty50 hitting fresh intra-day highs and ending at new closing benchmarks. Both the Sensex and Nifty50 settled at their respective highest closing levels of 37,336.85 points…
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Q1 earnings, F&O expiry to steer equity indices in the week ahead (Market Outlook)
By Rituraj Baruah, Mumbai : After largely bearish trade in the week-ended Friday, the key Indian equity indices would be driven by corporate earnings, futures and options (F&O) expiry and the rupee movement in the week ahead, analysts said. The proceedings of the ongoing monsoon session of parliament are also likely to impact the market.…
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Weak rupee, global cues depress equity indices; rupee ends below 69 per dollar
Mumbai : Depreciation in the Indian rupee and domestic political uncertainty subdued the key Indian equity indices on Thursday. In a major development, the rupee breached the 69 per dollar mark during the day, eroding investor sentiments in the equity market. According to market analysts, decline in the major global markets also weighed on the…
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Domestic political uncertainty subdues equity indices
Mumbai : Domestic political uncertainty in the wake of a no-confidence motion against the central government dragged the equity indices lower on Wednesday. Additionally, market observers said that profit booking in mid-and-small-cap stocks and heavy selling pressure in metals, automobile and banking counters also subdued the equity indices. Index-wise, the broader Nifty50 of the National…
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Oil prices lift equity indices; Nifty regains 11k-mark
Mumbai : Slide in global crude oil prices along with expectations of fund infusion into public sector banks and value buying lifted the key domestic equity indices higher on Tuesday. However, broadly negative Asian and European indices capped gains. Analysts pointed out that healthy buying was witnessed in banking, oil and gas, automobile and consumer…