Buy or sell: The Nifty 50 index wrapped up the week at 24,304, reflecting notable volatility as traders navigated through market dynamics. As the monthly expiry approached, a short covering rally provided a brief respite, enabling the index to bounce nearly 500 points and reaching nearby resistance levels around the 24,700-24,800 zone. Weekly Trading Summary … Read more
Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a tepid note Wednesday following mixed cues from global peers. The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 24,435 level, a discount of nearly 40 points from the … Read more
Market sentiment has moved from a bullish optimism, where investors actively bought the dips, to a more cautious, fearful approach, prompting many to sell during any sign of recovery. The emotional market sentiments Market response to news, whether positive or negative, is often coloured by emotional reactions. For instance, a surge in investor confidence can … Read more
Mumbai: Investors pumping in money into stocks of small- and mid-sized companies or smids have seen their wealth erode by a staggering ₹26 trillion since 20 September, when the market capitalisation of the relevant indices hit record highs. Comparatively, provisional data from the BSE shows that the top 10 companies by market capitalisation have cumulatively … Read more
The Bank Nifty, which has lagged behind broader indices over the past few months, is showing signs of resurgence. A strong performance by HDFC Bank and Axis Bank, coupled with a mixed showing from Kotak Mahindra Bank, suggests the index could lift the markets in the coming sessions. Although rising deposit rates have put pressure … Read more
Top News On October 15, SEBI announced a major change that benefits traders in India’s stock market. The regulator raised the position limits for trading members in index futures and options (F&O) contracts. These limits now stand at ₹7,500 crore or 15% of the market’s total open interest (OI), compared to the earlier limit of … Read more
Mumbai: The Nifty snapped a three-day losing streak on Friday, but posted the longest weekly losing streak of this year on relentless selling by foreign institutional investors (FIIs), who have flocked to China beginning late last month chasing a stimulus-led recovery in the world’s second -biggest economy. Analysts expect the intense battle between bulls and … Read more
The upward trajectory has been driven by a consistent sector and segment rotation, moving from large-caps to mid-caps and small-caps, keeping the broader markets on a high. The Nifty Alpha 50 and the Nifty Next 50 have seen remarkable performances, with over 40% returns year-to-date (YTD) as of 15 October, and the Nifty Smallcap 250 … Read more
Here’s a quick look at stocks likely to be in focus in today’s trade. Cochin Shipyard: The government has announced plans to divest a 5 percent stake in Cochin Shipyard through an Offer for Sale (OFS), with the floor price set at ₹1,540 per share. The OFS includes a base offer of 2.5 percent, … Read more
Here’s a quick look at stocks likely to be in focus in today’s trade. Reliance Industries (RIL): RIL’s consolidated profit for Q2 FY25 declined by 4.8 percent year-on-year to ₹16,563 crore, missing analyst estimates. This marks the third consecutive quarter of declining profits, driven by weakness in the oil-to-chemicals (O2C) segment. However, the digital services … Read more