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India's NSE Nifty 50 index

Indian shares settle lower as metals, private lenders drag

Indian shares settle lower as metals, private lenders drag

Updated 20 May, 2021 06:06pm
  • The blue-chip Nifty 50 index closed 0.83% lower at 14,906.05 and the S&P BSE Sensex ended 0.68% lower at 49,564.86 after trading flat for most of the day. Most major sub-indexes closed in the red.
  • Financial stocks, which had cushioned losses earlier in the day, gave up gains. Index heavyweight ICICI Bank fell 1.1% and HDFC Bank settled 1.6% lower.
Financials push India stocks higher as domestic COVID-19 cases ease

Financials push India stocks higher as domestic COVID-19 cases ease

Published 17 May, 2021 06:22pm
  • The NSE Nifty 50 index settled 1.67% higher at 14,923.15, snapping a three-session losing streak, while the benchmark S&P BSE Sensex ended up 1.74% at 49,580.73.
  • The Nifty Auto index added 1.9%, led by a 10.43% rise in Balkrishna Industries after the tyre maker posted a rise in quarterly profit on Friday.
Indian shares, rupee slide as lockdown fears loom after COVID-19 surge

Indian shares, rupee slide as lockdown fears loom after COVID-19 surge

Published 12 Apr, 2021 05:33pm
  • The NSE Nifty 50 index closed 3.53% lower at 14,310.80, while the S&P BSE Sensex ended down 3.44% at 47,883.38.
  • The Nifty auto index closed down 5.11%. The Society of Indian Automobile Manufacturers on Monday warned that the pandemic had set back an already bruised auto industry by many years.
Indian shares rise for third day; metals stocks jump

Indian shares rise for third day; metals stocks jump

Published 08 Apr, 2021 05:36pm
  • The Reserve Bank of India (RBI) on Wednesday kept interest rates at record lows and committed to a massive government bond purchase programme, helping keep share markets buoyant.
  • The NSE Nifty 50 index ended up 0.37% at 14,873, and the S&P BSE Sensex rose 0.2% to 49,746.21.
Indian shares end higher, state-run lenders climb on capital infusion

Indian shares end higher, state-run lenders climb on capital infusion

Published 01 Apr, 2021 04:47pm
  • The blue-chip NSE Nifty 50 index closed 1.2% higher at 14,867.35, while the benchmark S&P BSE Sensex gained 1.1% to 50,029.83.
  • "Commodity prices have gone up, so metals are doing well, said Samrat Dasgupta, chief executive of Esquire Capital Investment Advisors in Mumbai.
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