Mumbai, Sensex and Nifty ended lower on Thursday over a sharp rise in crude oil prices and decline in banking stocks. Brent crude futures on Thursday surpassed the $61-a-barrel mark around the closing bell. The Indian currency followed suit and weakened to Rs 70.54 per dollar after closing at 70.46.[Read More…]
Tag: banking stocks
Caution over Q2 results dent equity indices; banking stock plunge
Mumbai: Caution over upcoming quarterly results along with profit booking pulled the key Indian equity indices in the red on Tuesday. Heavy selling pressure was witnessed in the banking, oil and gas and energy sectors, while all the other counters were in the green on BSE, led by IT. According[Read More…]
Value buying, rupee lift equity indices; banking stocks gain
Mumbai: Broadly positive Asian markets, along with a stable rupee and value buying pushed the key domestic equity indices higher during Monday’s morning trade session. In addition, healthy buying was seen in interest rate sensitive stocks like banks, auto and capital goods. Besides, the Indian rupee strengthened to around 73.28[Read More…]