Mumbai: The key Indian equity indices opened on a negative note on Thursday with the S&P BSE Sensex trading around 180 points lower during the morning session. The domestic indices traded lower tracking weakness in the Asian markets. At 9.38 a.m., the Sensex traded at 36,304.64, lower by 179.69 points[Read More…]
Tag: Indian equity
Election results, oil prices to direct equity indices movements
Mumbai: The outcome of Assembly elections in five states, along with fears over an escalation in US-China trade war and volatility in crude oil prices, are expected to determine the trajectory of the key Indian equity indices next week. Market observers opined that the direction of foreign fund flows in[Read More…]
Key Indian equity indices trade higher in afternoon session in Mumbai
After opening on a flat note, the key Indian equity indices were trading in green on Wednesday afternoon, July 4, in Mumbai. The 30-scrip Sensitive Index (Sensex) was trading 115.31 points or 0.33 per cent higher during the afternoon session. The wider 50-scrip Nifty of the National Stock Exchange (NSE)[Read More…]
Uncertainty over Karnataka government formation depress markets
Mumbai: Uncertainty over government-formation in Karnataka, along with weak global cues, suppressed the key Indian equity indices on Wednesday afternoon. No party achieved a clear majority in the election results announced on Tuesday, leading to uncertainty over the formation of the next government. According to market analysts, heavy selling pressure[Read More…]