Indian shares reversed early gains and closed at their lowest in two weeks as investors booked profits a day before U.S. Federal Reserve Chair Janet Yellen's speech that is expected to provide clues on outlook for U.S. interest rates.
Thursday's trading session was volatile on account of monthly derivative contracts expiry.
Firming up as much as 0.38 percent earlier in the day, the broader NSE Nifty slipped in the latter half to close down 0.67 percent at 8,592.20, recording its biggest loss since August
Indian shares closed slightly higher on Wednesday, led by drug maker Aurobindo Pharma Ltd after stellar quarterly results, but sentiment remained edgy as investors awaited further cues on whether the U.S. Federal Reserve will raise interest rates this year.
The benchmark BSE Sensex closed 0.25 percent higher at 28,059.94, while the broader NSE Nifty ended up 0.21 percent at 8,650.30.
Aurobindo Pharma jumped 7 percent after the company on Tuesday reported a 24 percent rise in its June-quarter consolidated profit,
Indian shares fell on Monday as state-owned lenders retreated after Urjit Patel was named as the next central bank governor, which was seen as reducing the prospect of rate cuts in the near term and as continuing a push to aggressively clean up bad debt.
The broader NSE index closed down 0.44 percent at 8,629.15, after falling 0.07 percent in the previous session.
The benchmark BSE index ended 0.33 percent lower at 27,985.54.
The Nifty Bank index lost 0.43 percent, with State
Indian shares closed marginally lower on Friday as global sentiment was subdued following comments by some U.S. Federal Reserve officials, although gains in individual stocks such as State Bank of India supported indexes.
The BSE Sensex closed down 0.17 percent at 28,077.00, ending the week about 0.3 percent lower.
The broader NSE Nifty fell 0.07 percent to 8,666.90, closing lower for the sec
Indian shares fell for a second consecutive session on Wednesday, reflecting the cautious sentiment in global markets after an influential U.S. Federal Reserve official said interest rates could rise as soon as September.
The benchmark BSE Sensex fell 0.21 percent to 28,005.37, after rising as much as 0.39 percent earlier in the session.
The broader NSE Nifty was down 0.21 percent at 8,624.05.
In the 50-share index, Adani Ports, TCS, Tech Mahindra, Power Grid and Infosys dippe
The BSE Sensex closed down 0.17 percent at 28,077.00, ending the week about 0.3 percent lower.The broader NSE Nifty fell 0.07 percent to 8,666.90, closing lower for the sec
