Indian Shares Little Changed After Strong Rally

Sensex, Nifty muted a day after sharp rally, IT stocks extend gains. What lies ahead for Dalal Street?

Indian equities traded nearly flat after a sharp rally in the previous session, with IT stocks extending gains while pharma shares declined. Analysts flagged elevated US bond yields and crude oil prices as headwinds, even as short-covering and hopes of tax relief supported sentiment.

Indian Shares Little Changed After Strong Rally

Indian shares were little changed on Wednesday after logging strong gains in the previous session, led by information technology stocks. The benchmark 30-share BSE Sensex was up 89 points, or 0.

Nifty, Sensex open flat after Tuesday’s IT-led surge; crude, FII selling cap gains

Nifty 50 opened at 22,715.75 and was at 22,698.25, down 23.70, at 9:26 am. Sensex opened at 73,049.76 and fell to 73,020.19, down 13.59

Sensex, Nifty open flat as crude oil and FII outflows weigh

Sensex and Nifty surrendered early gains to trade marginally lower on Wednesday. Rising crude oil prices and sustained foreign outflows overshadowed continued strength in IT shares.

Sensex, Nifty open flat day after sharp rebound aided by IT, financial and FMCG shares

The Nifty and Sensex gained about 1.6% each on Tuesday, led by information technology stocks after HCLTech's quarterly earnings beat expectations.

Indian shares on track for muted open as oil prices, foreign outflows weigh

Both the Nifty and Sensex climbed about 1.6% on Tuesday, led by information technology stocks after HCLTech's quarterly earnings beat expectations.