Indian share market is expected to open in the red as trends in the SGX Nifty indicate a negative start for benchmark indices BSE Sensex and NSE Nifty 50 with a loss of 215 points. “Nifty might continue with its consolidation as global economic data points towards weakness, while brent crude has again crossed $100/bbl and dollar index continues to remain firm at 108 levels. On the other hand, FI...

The benchmark indices witnessed a pullback rally on Tuesday, as the NSE Nifty 50 ended 86 points higher while the BSE Sensex was up by 257 points. Among sectors, PSU Banks outperformed, rallying nearly 2.5 per cent while sharp selloff was seen in IT stocks. As a result, the IT index was corrected over 1.5 per cent. Technically, after a gap down opening the index took the support near 20 day SMA ...

The benchmark indices witnessed narrow range activity, after a volatile trading session, the NSE Nifty 50 closed at 17,345 while the BSE Sensex closed at 58,136 levels. Among sectors, PSU Bank index gained the most, rallying over 2.3 percent whereas profit booking was seen in Reality and selective IT stocks. Technically, after initial intraday correction, the indices took the support near 17200/57...

Domestic equity market benchmarks BSE Sensex and Nifty 50 were staring at a negative start on Monday, as suggested by trends on SGX Nifty. Nifty futures were ruling at 15,264.50, down 51 points or 0.33 per cent on Singaporean Exchange. In the session, BSE Sensex was down 135 points or 0.3 per cent to end at 51,360, while NSE Nifty 50 settled 0.4 per cent or 67 points down at 15,293. Asian stock ma...

After a strong uptrend rally in the previous, the benchmark indices BSE Sensex and Nifty 50 witnessed profit booking at higher levels. The Nifty ended 208 points while Sensex was down by 709 points. On Tuesday, despite tepid market conditions Nifty opened on a positive note but due to consistent profit booking at higher levels it corrected sharply. From the day’s highest level, the Nifty/Sen...