Indian stock market benchmark indices, Sensex and Nifty 50, opened over a percent lower on Thursday amid weak global cues as escalating geopolitical tensions in the Middle East raised fears of a full-fledged Iran-Israel war. The Sensex crashed 1,264.20 points, or 1.50%, to open at 83,002.09, while the Nifty 50 opened 344.05 points, or 1.33%, … Read more
Nifty September F&O series delivered expectational returns amid high volatility. The September derivatives series began with a steady rise in the benchmark indices and then witnessed some profit-taking. However, in the second-half of the series, bulls came roaring and the market saw a relentless rally, giving the bears no breathing room. Nifty 50 ended the … Read more
Indian stock market indices, Sensex and Nifty 50, have been hitting record highs led by positive momentum in the global equities that gathered pace after the US Federal Reserve’s outsized interest rate cut last week. On Thursday, the Sensex hit a fresh record high of 85,930.43 before closing 666.25 points, or 0.78%, higher at 85,836.12. … Read more
There are two sides to investing, buying and selling. The most basic purpose of any investment is to make profits. Those profits are useful to you, only if you actually book them when you sell your investment. However, the danger with focusing too much on profit booking is that you don’t want to indulge so … Read more
Bank Nifty Trading Strategy Today: The Indian stock market indices, Sensex and Nifty 50 hit a life-time high on September 20 led by optimism over the supersized US Federal Reserve’s interest rate cut last week. On Friday, the Sensex surged 1,359.51 points, or 1.63%, to close at 84,544.31, while the Nifty 50 settled 375.15 points, … Read more
Stock benchmarks touched new records and mid-cap stocks joined the Street party on Thursday, signalling rising risk appetite among investors betting on interest rate cuts in the US and earnings momentum in India. The day witnessed a strong rally driven by a mix of factors: weekly derivatives expiry; a rate cut in China; optimism ahead … Read more
Indian stocks plunged on Friday, as nervous investors took money off the table before the release of tepid US jobs data for August. The US Federal Reserve is expected to rely on key hiring data to decide the quantum of rate cuts in the world’s largest economy later this month. Breaking a three-week winning streak, … Read more
The Indian stock market indices, Sensex and Nifty 50, are likely to open on a muted note Friday following weak sentiment in the global markets. The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 24,834 level, a discount of nearly 6 points from … Read more
Stock Market News: Domestic equity benchmarks Sensex and Nifty 50 snapped their two-week losing streak in the previous session powered by information technology (IT) stocks after positive macroeconomic data in the US allayed fears of a recession in the world’s largest economy, resulting in better risk appetite. The NSE benchmark posted its best session since … Read more
Top News Goods and Services Tax In July 2024, Goods and Services Tax (GST) collections surged to ₹182,075 crore, reflecting a notable 10.3% increase from the ₹165,105 crore collected in July 2023. This uptick was seen across all categories, including Central GST (CGST), State GST (SGST), Integrated GST (IGST), and cess, as reported by ANI. … Read more