China’s market rally driven by policy measures unlikely to impact India’s economy or flows: Report

China’s market rally driven by policy measures unlikely to impact India’s economy or flows: Report

In recent sessions, the Chinese stock market has experienced a significant resurgence, outpacing all major global indices as investor demand for Chinese stocks surged to new heights, driven by the government’s stimulus measures. These initiatives have attracted investors back to one of the world’s most heavily-battered markets. The CSI 300 index, which had plummeted by … Read more

September Rally: Nifty 50, Sensex gain over 2.3% amid robust FPI inflows; metal stocks sizzle

September Rally: Nifty 50, Sensex gain over 2.3% amid robust FPI inflows; metal stocks sizzle

In September, Indian markets enjoyed a series of record highs, but on the final trading day of the month, investors opted for profit booking, leading to a sharp correction. Both the Nifty 50 and the Sensex fell by over 1.4% today, marking their steepest intraday decline in two months. Despite this downturn, both indices ended … Read more

Nifty Metal plunges 3% amid weak US and China manufacturing data; JSW Steel, Tata Steel lead decline

Nifty Metal plunges 3% amid weak US and China manufacturing data; JSW Steel, Tata Steel lead decline

After a record-breaking performance in the previous trading session, Indian market struggled to maintain those gains today, with frontline indices losing over 1%. This decline was influenced by a sell-off in global peers, driven by weak US manufacturing and labor market data that reignited recessionary fears. Sector-wise, the metal sector was the hardest hit, with … Read more