Indian stock market: Indian stock market benchmarks, the Sensex and Nifty 50, declined for the second straight session on Wednesday, October 16, due to weak global signals. The Sensex dropped 319 points, or 0.39 per cent, to 81,501.36, while the Nifty 50 closed at 24,971.30, down 86 points, or 0.34 per cent. “Nifty fell below … Read more
Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Wednesday tracking losses in global markets. The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 25,045 level, a discount of nearly 80 points from the Nifty futures’ previous … Read more
India’s retail inflation for September came in higher than expected, sparking concerns that the Reserve Bank of India (RBI) might delay interest rate cuts even further, potentially dampening investor risk appetite. Higher food prices drove Consumer Price Index (CPI)-based inflation, or retail inflation, to a nine-month high of 5.49 per cent, still within the RBI’s … Read more
Breakout stocks to buy or sell: Even though foreign portfolio investors (FPIs) continued selling Indian equities, strong support from domestic institutional investors (DIIs) underpinned the Indian stock market in the previous session on Tuesday, October 8, as the benchmarks, the Sensex and the Nifty 50 saw healthy gains of almost a per cent. The Sensex … Read more
The stronger impact on the domestic stock market was partly due to our playing on a weak wicket. In the weeks prior, the domestic market had been underperforming relative to other EMs. The underperformance intensified as investors began shifting funds to Asian counterparts like China, trading at significantly lower valuations—10x to 25x forward P/E in … Read more
Dividend Stocks: Shares of several major companies, including ADS Diagnostics Ltd, Accelya Solutions India Ltd, and KPI Green Energy Ltd, among others, will trade ex-dividend from Monday, September 30, according to data collected from the Bombay Stock Exchange (BSE) website. As per the BSE data, some companies have announced other corporate actions, such as bonus … Read more
Breakout stocks to buy or sell: Indian stock market benchmarks- the Sensex and the Nifty 50- closed flat in the previous session on Tuesday on profit booking in select heavyweights. The Sensex and the Nifty 50 scaled their fresh peaks of 85,163.23 and 26,011.55 during the session. Eventually, the Sensex ended at 84,914.04, down 15 … Read more
Indian stock market indices, Sensex and Nifty 50, are likely to open higher on Tuesday led by positive global market cues. The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 25,990 level, a premium of nearly 75 points from the Nifty futures’ previous … Read more
In the past month, the global equity market had exhibited volatility and mixed performance leading towards the pivotal FOMC decision of September 18. It was highly anticipated that the Fed would break its hawkish policy started since early 2022 and shift to an accommodative monetary policy by initiating a 25bps cut. The market believed that, … Read more
The Indian stock market registered an exceptional week, achieving historic record highs largely driven by a 50-basis-point (bps) rate cut by the US Federal Reserve, showing no significant concerns about the US economy. In the last week of September, investors will closely monitor key market triggers such as domestic and global macroeconomic data, monthly derivates … Read more