Latest news with #NSENifty
Deccan Herald
3 hours ago
- Business
- Deccan Herald
Markets trade higher in early deals tracking rally in Asian peers
The 30-share BSE Sensex climbed 288.64 points to 82,475.45 in initial trade. The 50-share NSE Nifty went up by 88.95 points to 25,149.85.
Business Standard
4 hours ago
- Business
- Business Standard
INR lingers around one-month low
Likelihood of positive opening in domestic equities and dollar near a two-week low could provide some support to the Indian rupee in opening trades on Wednesday although recovery in international oil prices may limit gains in the unit. Yesterday, rupee extended slide to settle for the day near a one-month low of 86.36 against the US dollar, amid uncertainty over the US-India trade deal ahead of the August 1 deadline. All eyes are now on the outcome of India-US trade talks, especially as the August 1 deadline for potential tariffs on Indian exports draws near. Indian shares also ended a choppy session slightly lower on Tuesday due to prevailing uncertainty regarding an interim trade deal between the U.S. and India. The benchmark S&P/BSE Sensex swung between gains and losses before ending down 13.53 points at 82,186.81. The broader NSE Nifty index slipped 29.80 points, or 0.12 percent, to 25,060.90.
The Hindu
4 hours ago
- Business
- The Hindu
Markets trade higher in early deals tracking rally in Asian peers
Benchmark indices Sensex and Nifty rallied in early trade on Wednesday tracking a positive trend in Asian markets. Japan securing a trade deal with the U.S. propelled a rally in Asian markets, which in turn added to optimistic trend in domestic equities, an expert said. The 30-share BSE Sensex climbed 288.64 points to 82,475.45 in initial trade. The 50-share NSE Nifty went up by 88.95 points to 25,149.85. From the Sensex firms, Tata Motors, Maruti, Eternal, Mahindra & Mahindra, Adani Ports and Bharti Airtel were among the biggest gainers. However, Titan, State Bank of India, HDFC Bank and Hindustan Unilever were among the laggards. In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng traded in positive territory. "Asian cues are positive due to Japan securing a trade deal with the U.S.," Akshay Chinchalkar, Head of Research, Axis Securities, said. The US markets ended mostly higher on Tuesday. "The 11th new record high for 2025 set by S&P 500 yesterday is an indication of the direction and resilience of equity markets globally. Markets are climbing all walls of worries and valuation concerns have been put on the back burner. In the near-term this resilience is likely to continue," V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said. A significant takeaway from the early Q1 results is the improving prospects of banking and digital stocks. Q1 results of Eternal and Paytm indicate steady growth potential of the digital stocks which have a long runway of growth, he added. US President Donald Trump has announced a trade deal with Japan, with a 15 per cent tax on goods imported from that nation. Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,548.92 crore on Tuesday, according to exchange data. Domestic Institutional Investors (DIIs) bought stocks worth ₹5,239.77 crore in the previous trade. Global oil benchmark Brent crude climbed 0.23% to $68.75 a barrel. On Tuesday, the Sensex ended 13.53 points or 0.02% down at 82,186.81. The Nifty dipped 29.80 points or 0.12% to settle at 25,060.90.
Hans India
7 hours ago
- Business
- Hans India
Benchmark Indices close flat in a volatile session
Mumbai: Benchmark stock indices Sensex and Nifty closed almost unchanged in a volatile trade on Tuesday as gains in quick commerce and private banking shares were offset by losses in oil & gas and IT shares. The 30-share BSE Sensex ended 13.53 points or 0.02 per cent down at 82,186.81. During the morning trade, it climbed 337.83 points or 0.41 per cent to 82,538.17 but lost momentum later. The 50-share NSE Nifty dipped 29.80 points or 0.12 per cent to settle at 25,060.90. Lack of clarity over the US-India trade deal ahead of the August 1 deadline and profit booking by FIIs hit the market sentiment, experts said. Among Sensex firms, Eternal jumped the most by 10.56 per cent in a post-result rally. Food delivery and quick commerce firm Eternal, which owns the Zomato and Blinkit brands, on Monday reported a consolidated net profit of Rs 25 crore for the June quarter, as continuing investments in quick commerce and going-out businesses weighed on its bottom line. Titan rose by over 1 per cent while HDFC Bank and ICICI Bank extended gains after their quarterly results. Hindustan Unilever, Bharat Electronics, Maruti, ICICI Bank and Mahindra & Mahindra were also among the gainers. However, Tata Motors, Adani Ports, State Bank of India and Reliance Industries were among the laggards. 'The market's attention is on quarterly earnings, which slowed lately after some traction from banking stocks. Positivity noticed on Friday and Monday tapered ahead of the critical August 1st deadline of US trade agreement. 'Upside in Q1 earnings will be the critical point to sustain the current premium valuations. Continued profit-booking by FIIs exerts downward pressure, while steady inflows from DIIs could support for a range-bound movement with a positive bias towards Q1 results and trade deal,' Vinod Nair, Head of Research, Geojit Investments Limited, said. The BSE midcap gauge declined 0.62 per cent and smallcap index dipped 0.17 per cent. Among BSE sectoral indices, realty dropped 1.01 per cent, followed by telecommunication (0.87 per cent), auto (0.78 per cent), IT (0.53 per cent) and teck (0.53 per cent). Consumer discretionary emerged as the only gainer. 'Markets remained range-bound and ended almost flat, indicating a pause amid mixed signals. The market continues to lack clear direction amid mixed earnings announcements and muted global cues,' Ajit Mishra – SVP, Research, Religare Broking Ltd, said.
The Print
16 hours ago
- Business
- The Print
Stock markets close flat in volatile trade; Eternal jumps nearly 11 pc
The 50-share NSE Nifty dipped 29.80 points or 0.12 per cent to settle at 25,060.90. The 30-share BSE Sensex ended 13.53 points or 0.02 per cent down at 82,186.81. During the morning trade, it climbed 337.83 points or 0.41 per cent to 82,538.17 but lost momentum later. Mumbai, Jul 22 (PTI) Benchmark stock indices Sensex and Nifty closed almost unchanged in a volatile trade on Tuesday as gains in quick commerce and private banking shares were offset by losses in oil & gas and IT shares. Lack of clarity over the US-India trade deal ahead of the August 1 deadline and profit booking by FIIs hit the market sentiment, experts said. Among Sensex firms, Eternal jumped the most by 10.56 per cent in a post-result rally. Food delivery and quick commerce firm Eternal, which owns the Zomato and Blinkit brands, on Monday reported a consolidated net profit of Rs 25 crore for the June quarter, as continuing investments in quick commerce and going-out businesses weighed on its bottom line. Titan rose by over 1 per cent while HDFC Bank and ICICI Bank extended gains after their quarterly results. Hindustan Unilever, Bharat Electronics, Maruti, ICICI Bank and Mahindra & Mahindra were also among the gainers. However, Tata Motors, Adani Ports, State Bank of India and Reliance Industries were among the laggards. 'The market's attention is on quarterly earnings, which slowed lately after some traction from banking stocks. Positivity noticed on Friday and Monday tapered ahead of the critical August 1st deadline of US trade agreement. 'Upside in Q1 earnings will be the critical point to sustain the current premium valuations. Continued profit-booking by FIIs exerts downward pressure, while steady inflows from DIIs could support for a range-bound movement with a positive bias towards Q1 results and trade deal,' Vinod Nair, Head of Research, Geojit Investments Limited, said. The BSE midcap gauge declined 0.62 per cent and smallcap index dipped 0.17 per cent. Among BSE sectoral indices, realty dropped 1.01 per cent, followed by telecommunication (0.87 per cent), auto (0.78 per cent), IT (0.53 per cent) and teck (0.53 per cent). Consumer discretionary emerged as the only gainer. 'Markets remained range-bound and ended almost flat, indicating a pause amid mixed signals. The market continues to lack clear direction amid mixed earnings announcements and muted global cues,' Ajit Mishra – SVP, Research, Religare Broking Ltd, said. In Asian markets, Shanghai's SSE Composite index and Hong Kong's Hang Seng settled in positive territory while South Korea's Kospi and Japan's Nikkei 225 index ended lower. European markets were trading mostly lower. The US markets ended mostly higher on Monday. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,681.23 crore on Monday, while Domestic Institutional Investors (DIIs) bought stocks worth Rs 3,578.43 crore, according to exchange data. Global oil benchmark Brent crude dropped 0.97 per cent to USD 68.54 a barrel. On Monday, the Sensex climbed 442.61 points or 0.54 per cent to settle at 82,200.34. The Nifty jumped 122.30 points or 0.49 per cent to 25,090.70. PTI SUM MR MR This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
