Sensex, Nifty fall as technology shares slide

Indian equities fell in line with Asian peers on Wednesday, with technology stocks leading the decline as U.S. Treasury yields hit two-year highs, although losses were plugged by gains in non-bank lender Bajaj Finance after strong results. The blue-chip NSE Nifty 50 index was down 0.41% at 18,038.25 by 10:14 am, while…

Sensex, Nifty reverse gains after sharp jump in early trade

Indian shares inched up to near three-month highs on Tuesday, as gains in banks outweighed losses in stocks of automakers, with investors awaiting earnings from heavyweight Bajaj Finance due later in the day. The NSE Nifty 50 index was up 0.18% at 18,341.40 by 9:18 am, while the S&P BSE Sensex edged up 0.21% to…

Sensex, Nifty open higher as banking stocks rise

Indian shares rose on Tuesday, a day after beginning the new year with solid gains, as banking stocks boosted the country’s main indexes amid a steady rise in the number of new cases of COVID-19. The NSE Nifty 50 index gained 0.46% to 17,706.55 by 9:24 am GMT, while the benchmark S&P BSE Sensex rose 0.47% to…

Sensex, Nifty off to a positive start on 1st trading session of 2022

Indian shares opened higher on Monday, lifted by strong performance in auto stocks following monthly sales data, even as investors remained cautious over the spike in Omicron cases in the country during the holiday weekend. With several markets in Asia and Europe closed, trading volumes in India were thin and most…

Sensex, Nifty gain as pharma stocks advance

Indian shares inched higher on Wednesday, with pharma stocks leading the rise after the country approved a COVID-19 pill, although gains were limited by year-end portfolio adjustments. India has approved Merck’s COVID-19 pill and two more vaccines for emergency use as the world’s second most populous…

Sensex, Nifty end higher as IT, pharma stocks rise; RBI tanks

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…

Sensex, Nifty fall as Omicron concerns weigh; RBL Bank slumps

Indian shares fell on Monday as a global surge in Omicron variant cases weighed on investor sentiment, with RBL Bank shedding 10% after its top executive stepped down and the central bank appointed an executive to its board. The NSE Nifty 50 index was down 0.75% at 16,876 by 9:16 am and the benchmark S&P BSE Sensex…

Sensex, Nifty rise further as auto, metal stocks gain

Indian shares edged up on Wednesday as auto and metal companies gained with investors buying the dip, while Omicron coronavirus variant cases across the globe continued to surge keeping sentiment in check. The NSE Nifty 50 index rose 0.62% to 16,875 by 9:29 am and the benchmark S&P BSE Sensex gained 0.86% at…

Sensex, Nifty pullback after steep fall last session as IT, metals rise

Indian shares edged up on Tuesday after tumbling as much as 3% in the previous session, helped by gains in information technology and metal stocks even as surging Omicron COVID-19 cases threaten global economic recovery. The NSE Nifty 50 index rose 0.75% to 16,740 by 9:16 am and the benchmark S&P…

Sensex tumbles over 1,200 points as Omicron threat spooks investors

Benchmark stock market indices opened sharply lower on Monday due to rising concerns over the rapid surge of Omicron Covid-19 cases around the world. Investors around the world are nervous that the surge will trigger a fresh wave of global infections, leading to fresh restrictions that could hurt economic recovery. The…