At the onset of Samvat 2080, the market outlook was generally positive, albeit with mixed sentiments due to global uncertainties and a robust domestic economy. There was a concern that maybe the domestic economy and FIIs inflows could go slow based on global factors. Heightened global tensions, driven by conflicts in Ukraine and Palestine, elevated … Read more
Samvat 2081:Over the past year, the Indian IT sector has shown impressive resilience. Despite worries about a demand slowdown and high interest rates in major markets, the Nifty IT index has surged 36 per cent since last Diwali, outpacing the Nifty 50’s 25 per cent rise and proving that tech stocks are still a step … Read more
Diwali 2024 Stock Picks: The Indian stock market has enjoyed a remarkable run in Samvat 2080. The Nifty 50 has gained 25 per cent since last Diwali despite headwinds such as stretched valuations, sticky inflation, geopolitical tensions and elevated interest rates. The biggest reasons for the rise of the Indian market are the durability of … Read more
The Indian stock market was thrown into the deep end and wrought with several challenges throughout October as bears tightened their grip on D-Street amid weak global cues and rising volatility. The battles compelled the frontline indices to enter the bear market just a few days ahead of Diwali’24 and the onset of Samvat 2081. … Read more
In Samvat 2080, the Indian market witnessed a sharp rally driven by robust macroeconomic fundamentals and foreign fund inflows, which supported investor sentiment. The Nifty 50 index surpassed the 26,250 mark and the 30-share BSE Sensex topped 85,900 in September 2024, with both Indexes gaining around 25 per cent during Samvat 2080. BSE midcap and … Read more