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Tag: Nifty 50

US rate-hike fear, weak rupee drag equity indices lower

Mumbai: Key Indian equity indices provisionally closed in the red on Thursday as investors remained cautious over another rate-hike in December signalled by the US Federal Reserve. Besides, a weak rupee and heavy selling pressure in consumer durables, banking and automobile stocks added to the downslide of the key indices. However, an upsurge in pharma […]

Equities open in green on positive global cues

Mumbai: Key Indian equity indices — the BSE Sensex and NSE Nifty50 — surged during the early-morning trade session on Monday on the back of positive Asian peers and healthy buying in automobile, capital goods and banking stocks. Around 9.20 a.m., the wider 51-scrip Nifty50 of the National Stock Exchange (NSE) rose by 70.15 points, […]

Sensex regains strength, recuperates 93 pts in early trade

Mumbai: Domestic bourses got back on their feet in early trade after Friday’s slump as the benchmark Sensex recovered about 93 points driven by a fresh round of buying amid a firming trend in other Asian markets. Besides, persistent buying by domestic institutional investors (DIIs) too influenced sentiment. The 30-share index, which had lost 270.78 […]