Bank Nifty Outlook

Week Ahead: US Fed chair speech, Q4 results, FII activity, global cues among key market triggers next week

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Week Ahead: US Fed chair speech, Q4 results, FII activity, global cues among key market triggers next week

In the fourth week of May, investors will keenly eye the ongoing the January-March quarter results for fiscal 2023-24 (Q4FY24), voter turnout, domestic and global macroeconomic data, foreign fund outflows, crude oil prices, and global cues. Domestic equity benchmarks traded firmly, drawing strength from lower levels as investors aligned with the broader bullish market outlook. … Read more

Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 13

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Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 13

The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 22,080 level, a discount of nearly 60 points from the Nifty futures’ previous close.e a tepid start for the Indian benchmark index. The Gift Nifty was trading around 19,440 level, a discount of nearly … Read more

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying Tata Power and Oil India tomorrow

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Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying Tata Power and Oil India tomorrow

According to reports, traders stated that continuing outflows of foreign funds, a falling rupee, and rising global crude prices further weighed on sentiments.  Sectoral indices were mixed bag; the Nifty Consumer Durables index finished 1.72% higher than the Nifty Financial Services index, which ended 0.89% lower. India VIX recovered as well at 10.92 levels. On Friday, the … Read more