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
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
Indian stock market indices, Sensex and Nifty 50, are likely to open higher on Monday tracking gains in global markets. The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 25,085 level, a premium of nearly 35 points from the Nifty futures’ previous … 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 Indian equity market exhibited volatility over the past week, ultimately closing marginally lower amid mixed signals. After a subdued start, the Nifty 50 index remained range-bound for most of the week, showing signs of fatigue. Selective buying in key heavyweights across sectors kept the sentiment positive. In the first week of August, investors will … 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