Aamar Deo Singh, Sr. Vice President of Research, Angel One, believes that the valuations are relatively expensive across sectors, and investors definitely need to be more prudent and cautious in stock picking and not get carried away by market euphoria. In an interview, Singh advised investors that in the current market environment, they should look … Read more
The global market is witnessing a rally today, marking a recovery after the carry trade that shook world stock markets last month. While this relief rally may persist in the short term, its momentum could be tested if there are no further strong triggers. The belief that the carry trade issue is behind us is … 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
After experiencing three consecutive sessions of losses, Indian markets saw a rise of around one percent on Wednesday. This recovery was driven by a broad-based rally supported by positive global cues and the government’s proposal to restore indexation benefits on property sales, which boosted investor sentiment. Additionally, markets are keenly awaiting the Reserve Bank of … Read more
Stock Market News: The market-leading Tata Consultancy Services’ earnings indicated early indications of recovery in the industry, and on Friday, IT stocks joined an over-month-long record-breaking surge that sent the domestic benchmark indexes, the Sensex and Nifty 50, to record closing highs. The Sensex gained 0.78% to close Friday’s session at 80,519.34, while the Nifty … Read more
Stock Market News: Although the domestic benchmark indices, Sensex and the Nifty 50, ended the Friday session in the red after rallying for four days, but they ended the month with their biggest gain in 2024 thanks to the return of foreign capital and the return of Prime Minister Narendra Modi to the fold. Nifty … Read more
Stock Market News: Friday’s intraday trading saw the domestic benchmark indices, the Sensex and Nifty 50, reach record highs before ending slightly down as a result of profit-booking in the IT, FMCG, and healthcare sectors. Though the markets were supported by fresh inflows of foreign cash and steady prices of crude oil on international exchanges, traders … Read more
The 30-share BSE Sensex ended higher by 260.30 points or 0.36% at 72,664.47 level while the Nifty 50 closed at 22,055.20 level, up 97.70 points or 0.44%. India VIX was at 18.60, up 2.20% for the day. Following four days of losses, the benchmark Nifty 50 saw some buying, according to analysts. Interestingly, value and … Read more
According to reports, traders stated that continuing outflows of foreign funds, a falling rupee, and rising global crude prices further weighed on sentiments. Sectoral indices were mixed bag; the Nifty Consumer Durables index finished 1.72% higher than the Nifty Financial Services index, which ended 0.89% lower. India VIX recovered as well at 10.92 levels. On Friday, the … Read more
The BSE Sensex, comprising 30 shares, concluded the session with a gain of 599.34 points or 0.83%, reaching the level of 73,088.33. Similarly, the Nifty 50 achieved a closing level of 22,147.00, up by 151.15 points or 0.69%. However, the broader market lagged behind the benchmark indices, with the Nifty Small Cap 100 edging up … Read more