Indian shares slipped in volatile trade on Friday and were on course for their worst week in over two years, hit by worries that rapid increases in policy rates targeted at taming inflation could derail economic recovery. The NSE Nifty 50 index slid 0.51% to 15,282.45, as of 0446 GMT, while the S&P BSE Sensex fell…
Gains in auto and metal stocks helped Indian shares rebound on Friday after their worst session in nearly three months, with strength in broader Asian markets underpinning the positive sentiment. The NSE Nifty 50 index was up 1.9% at 16,110.30 by 0358 GMT and the S&P BSE Sensex rose 1.37% to 53,515.97. Both the…
Indian shares ended higher in volatile trading on Monday, helped by IT and pharmacy stocks, while RBL Bank tumbled after its top boss went on medical leave and the central bank appointed an executive to the lender’s board. The NSE Nifty 50 index ended up 0.49% at 17,086.25 and the benchmark S&P BSE Sensex…
Indian shares inched lower on Wednesday as investors turned their focus to the US Federal Reserve for signs on the pace of tapering, while recent debutant Paytm plunged after a lock-in period for institutional investors expired. The NSE Nifty 50 index was down 0.18 per cent at 17,293.9 by 0350 GMT, while the benchmark…
Indian shares extended gains on Wednesday as the central bank left its key interest rates unchanged as expected, and promised adequate policy support to help sustain a durable economic recovery amid worries around the Omicron coronavirus variant. By 0543 GMT, the NSE Nifty 50 index had gained 1.37 per cent to 17,412.2…
Indian shares rose more than 1% on Tuesday as investors looked past concerns surrounding the Omicron coronavirus variant, with metal and banking stocks leading the recovery from last session’s sell-off. By 0505 GMT, the blue-chip NSE Nifty 50 index (.NSEI) and the benchmark S&P BSE Sensex (.BSESN) both had…
Indian shares inched lower on Monday after snapping two straight weekly falls, as more cases of the Omicron coronavirus variant were reported over the weekend. By 0350 GMT, the blue-chip NSE Nifty 50 index (.NSEI) was down 0.27% at 17,150.05, while the benchmark S&P BSE Sensex (.BSESN) dipped 0.12% to 57,627.59.…
Indian shares declined their most in seven months on Monday, dragged by heavyweight Reliance Industries, with losses in financial, auto and oil and gas shares pulling indexes further. The blue-chip NSE Nifty 50 index ended down 1.96% at 17,416.55, while the benchmark S&P BSE Sensex declined 1.96% to 58,465.89. Both…
Indian shares were subdued early on Monday as gains in Reliance Industries were offset by weakness in IT stocks after Tata Consultancy Services reported September-quarter results. The NSE Nifty 50 index (.NSEI) was up 0.05 per cent at 17,905.85, while the S&P BSE Sensex (.BSESN) was down 0.05 per cent at 60,005.01…
Indian shares closed higher on Thursday for a fourth straight session, buoyed mostly by gains in Airtel and information technology stocks, while investors awaited the country’s central bank decision on interest rates on Friday. The blue-chip NSE Nifty 50 index and the S&P BSE Sensex ended up 0.2% each at…