Domestic equity benchmarks recorded the biggest weekly gain of 2024 after a volatile week. The indices began the week hitting all-time highs and rose 3.25 per cent on optimism of a memorable win for the ongoing government. The surprise poll outcome, with the ruling Bharatiya Janata Party (BJP) failing to get an absolute majority on … Read more
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
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
However, Gift Nifty’s trends suggest a favorable opening for the Indian benchmark index. Currently, Gift Nifty is hovering around the 22,432 level, representing a premium of approximately 39 points over the previous close of Nifty futures. On Tuesday, both equity benchmark indices ended in red on an all-round selloff, defying positive global cues. Also read: … Read more
The trends on Gift Nifty indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 22,740 level, a premium of nearly 25 points from the Nifty futures’ previous close. On Tuesday, the domestic equity indices ended lower with the Nifty 50 holding above 22,600 level. The Sensex fell 188.50 points … Read more
Indian stock markets rebounded after two weeks of profit-taking and gained over a per cent. The week kicked off on an upbeat note, buoyed by positive cues from the global markets. However, volatility ensued as the week progressed, with the markets grappling with uncertainties surrounding mixed earnings. A sharp surge on Thursday further eased concerns … Read more
Despite touching fresh lifetime high levels, domestic equity benchmarks settled flat last week as investors’ hope for a June rate cut were dashed by higher-than-expected inflation in the US, compounded by positive US employment and manufacturing data. Escalating geopolitical tensions in the Middle East, alongside supply concerns, have propelled crude oil prices upward, impacting the … Read more
Apart from the above two, EMudhra, Swan Energy, Vadilal Industries, Capacite Infraprojects, Dhani Services, Praj Industries, Force Motors, Sapphire Foods India, Artemis Medicare Services, Skipper, JSW Holdings, Varroc Engineering, BEML, Finolex Industries, Cochin Shipyard, Novartis, Chalet Hotels, among other smallcaps logged a double-digit rise in their share prices last week. Also Read: FPIs pump ₹38,098 … Read more
The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 22,060 level, a discount of over 70 points from the Nifty futures’ previous close. On Monday, the benchmark equity indices ended with minor gains amid volatility. The Sensex rose 104.99 points to close at … Read more
Apart from the above, DB Realty, Jubilant Industries, PTC India Financial, Skipper, India Nippon, Swan Energy, NALCO, Engineers India, KPI Green Energy, Spencers Retail, Sigachi Industries, Indo Amines, and others are among the smallcaps that logged a double-digit rise in their share prices last week. Also Read: Dividend Stocks: Oil India, PFC, TVS Motor Company, … Read more