Sensex, Nifty crash over 2% each. What should investors do now?

Sensex, Nifty crash over 2% each. What should investors do now?

The Indian stock market crashed on Thursday, 3 October, with benchmark indices Sensex and Nifty 50 witnessing sharp declines of over 2 per cent each, driven by escalating geopolitical tensions in the Middle East and weak global cues. The broader markets followed suit, with Nifty Midcap and Nifty Smallcap indices tumbling more than 2 per … Read more

Market outlook: Investors should prioritize value over growth stocks, says analyst

Market outlook: Investors should prioritize value over growth stocks, says analyst

The global market is witnessing a rally today, marking a recovery after the carry trade that shook world stock markets last month. While this relief rally may persist in the short term, its momentum could be tested if there are no further strong triggers. The belief that the carry trade issue is behind us is … Read more

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying SBI, and Aditya Birla Fashion tomorrow

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying SBI, and Aditya Birla Fashion tomorrow

Stock Market News: The domestic benchmark indices, Sensex and Nifty 50, finished Friday’s session on a bleak note since they were unable to recover their losses. In the last hour of trading, Nifty 50 managed to close above the dotted lines despite a lackluster day’s progress. Gains in energy stocks helped the Nifty 50 achieve a new … Read more

FPI inflows poised to surge after a modest H1 2024; June sees strong recovery

FPI inflows poised to surge after a modest H1 2024; June sees strong recovery

After a strong 2023, foreign portfolio investor (FPI) inflows into Indian equities were relatively modest in the first half of 2024, amounting to ₹3,201 crore. This follows a substantial inflow of over ₹17,000 crore in the previous year. Despite the market’s bullish trend and multiple new highs, FPIs remained cautious due to uncertainty surrounding the … Read more

Nifty 50 can add 1,200 points in June, says Nirmal Bang; lists 2 technical and 2 fundamental stock picks

Nifty 50 can add 1,200 points in June, says Nirmal Bang; lists 2 technical and 2 fundamental stock picks

However, in a recent note, brokerage house Nirmal Bang pointed out that the benchmark Nifty achieved 22,000 last June and since then the market has been consolidating, the brokerage feels the possible breakout can add 1200 points to Nifty in June. Till now the Nifty has already risen around 800 points, over 3.5 percent this … Read more

Lok Sabha Elections 2024: The key lies in navigating the volatile markets

Lok Sabha Elections 2024: The key lies in navigating the volatile markets

As the Lok Sabha elections 2024 approach, market volatility is likely to continue, leaving investors anxious about their portfolios. The political landscape significantly impacts market movements, with benchmark indices witnessing substantial fluctuations around election periods. Knowing how to navigate this volatility can help investors safeguard their investments and potentially capitalise on opportunities.  Here, we explore … Read more

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying RIL, and NTPC tomorrow

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying RIL, and NTPC tomorrow

Stock Market News: Friday’s intraday trading saw the domestic benchmark indices, the Sensex and Nifty 50, reach record highs before ending slightly down as a result of profit-booking in the IT, FMCG, and healthcare sectors. Though the markets were supported by fresh inflows of foreign cash and steady prices of crude oil on international exchanges, traders … Read more

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

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

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying SBI, Bharat Dynamics on April 22

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying SBI, Bharat Dynamics on April 22

The BSE Sensex, comprising 30 shares, concluded the session with a gain of 599.34 points or 0.83%, reaching the level of 73,088.33. Similarly, the Nifty 50 achieved a closing level of 22,147.00, up by 151.15 points or 0.69%. However, the broader market lagged behind the benchmark indices, with the Nifty Small Cap 100 edging up … Read more