The domestic market has been on a downward trend influenced by global pessimism, profit-booking due to elevated valuation, and a shift in FII funds. This month, the global market continues to exhibit mixed signals, led by China’s disinflation, geopolitical tensions, and high inflation data. The Fed is expected to delay its 25 bps rate cut … Read more
The combined market valuation of eight of the top 10 most valued firms surged ₹1,21,270.83 crore last week. Reliance Industries became the biggest gainer, in line with an outstanding rally in benchmark equity indices. Last week, the BSE benchmark jumped 1,027.54 points or 1.21 per cent. The 30-share BSE Sensex hit its previous record high … Read more
The Indian stock market resumed its upward momentum and logged the best week since the end of June, largely supported by positive global cues ahead of a likely interest rate cut by the US Federal Reserve. In the third week of September, investors will closely monitor key market triggers such as new listings, domestic and … Read more
New-age tech stocks such as Zomato, Nykaa, Mamaearth, FirstCry, Paytm, and CarTrade Tech, among others, saw roller coaster rides in their respective stock prices this week. Some stocks snapped their winning streaks, while others outperformed the frontline benchmarks. New-age internet stocks have lately generated a buzzing interest among D-Street investors due to their attractive valuations … Read more
Indian stock market benchmarks witnessed a surprising decline last week after consolidating at all-time highs for 14 straight sessions dragged by weak global cues. In the second week of September, investors will closely monitor key triggers such as domestic and global macroeconomic data, including inflation in India and the US, foreign fund inflows, crude oil … Read more
Indian stock markets rebounded by the end of last week after caution due to the Hindenburg-Adani row and poor factory output data slid the indices into a consolidation phase. Week ahead, investors will eye upcoming domestic and global macroeconomic data, US Federal minutes of the meeting, Fed chief’s Jackson Hole speech, foreign fund inflow, crude oil … Read more
The highly-anticipated Union Budget week is finally here! The Indian stock market’s spectacular bull run ahead of the Budget session proved that investor sentiments are firm driven by hopes of policy announcements, domestic cyclicals, and growth-oriented sectors from the upcoming Union Budget 2024. In the fourth week of July, investors will keenly eye any Union … Read more
Indian stock market continued its record bull run picked up since June-end led by return of foreign inflows, albeit few phases of consolidation with the new earnings season. Bulls have tightened their grip on D-Street after a spectacular month-opening ahead of the Union Budget 2024 scheduled for later this month. In the third week of … Read more
Indian stock market opened July on a spectacular note and achieved its longest winning streak since December 2023 amid the relentless bullish rally powered by the return of foreign funds and investor sentiments stabilising over Modi 3.0 coming to power. Bulls seem to have tightened their grip on Indian markets ahead of Union Budget 2024, … Read more
Stock market today: Indian stock market benchmarks—the Sensex and the Nifty 50—ended with mild gains on Friday, May 31, snapping the losing streak of the last five consecutive sessions. All eyes are now on the last phase of the General Election 2024 on Saturday, June 1, followed by the exit poll results. The counting of … Read more