Sensex maintains momentum for fifth day; Nifty nears 18,000

Equity benchmark Sensex ticked higher for the fifth straight session on Thursday, helped by fag-end buying in select blue-chip stocks amid a largely negative trend in global markets. A depreciating rupee and rising crude prices in the international market capped the gains in domestic equities, traders said. In a…

Nifty scales 16,000 as investors eye economic recovery

Indian shares ended higher on Tuesday, with the blue-chip Nifty index surpassing the 16,000 level for the first time, as investors bet on a faster recovery in Asia’s third-largest economy following a devastating second COVID-19 wave. The NSE Nifty 50 index ended up 1.55% at 16,130.75 and the benchmark S&P BSE…