Why the Nifty dropped to 3-week low after hitting fresh highs

Why the Nifty dropped to 3-week low after hitting fresh highs

This after the Nifty 50 opened higher on Friday, clocking a record intraday high of 22,794.70 points, until it ended the day’s trading in the red. The India VIX index—the fear gauge—ended 9% higher on Friday, indicative of the heightened volatility in the market. There has been some anxiety in the market with investors taking … Read more

Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 2

Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 2

The trends on Gift Nifty indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 22,740 level, a premium of nearly 25 points from the Nifty futures’ previous close. On Tuesday, the domestic equity indices ended lower with the Nifty 50 holding above 22,600 level. The Sensex fell 188.50 points … Read more

After 2 months of decline, midcap and smallcap indices outperformed Nifty in April; will the rally continue?

After 2 months of decline, midcap and smallcap indices outperformed Nifty in April; will the rally continue?

However, in March and February, the Nifty Midcap fell around 0.5 percent each while the Nifty Smallcap index declined 4.4 percent and 0.3 percent, respectively. Meanwhile, the benchmark rose over 1 percent in both those months, strongly outperforming the broader markets. Read here: General Elections 2024: Will Nifty extend gains for 4th straight month in … Read more

Nifty Auto Index gains 2%; M&M, Hero MotoCorp, Bajaj Auto share prices rise up to 5% on strong April volume expectations

Nifty Auto Index gains 2%; M&M, Hero MotoCorp, Bajaj Auto share prices rise up to 5% on strong April volume expectations

Stock Market Today:  The Nifty Auto index gained more than 2% on Tuesday. Mahindra & Mahindra , Hero MotoCorp, Bajaj Auto , Tata Motors,  Eicher Motors  and Maruti Suzuki India share prices were among largest Nifty gainer and with up to 5% gains propelled the index The volume performance for April’ 2024 is likely to … Read more

Big banks pull their weight, markets take a leap

Big banks pull their weight, markets take a leap

Four of Nifty’s five top gainers were banks, fetching 70% of the Nifty’s 223.45-point gain to 22,643.40. They also were the top five stocks on the Sensex, which rose 1.28% to 74671.28. Analysts expect the bellwether indices to outperform their small- and mid-cap counterparts, as large private sector banks close the valuation gap. The 12-stock … Read more

April was calm for markets, but don’t let that fool you

April was calm for markets, but don't let that fool you

Outstanding positions in marketwide futures hit a record ₹4.38 trillion on Thursday when the May series of derivatives began, pointing to a volatile month ahead. Marketwide futures include single stock futures and index futures (Nifty and Bank Nifty). While the market has priced in a victory for the ruling National Democratic Alliance when the results … Read more

Stocks to watch: Axis Bank, Macrotech, LTIM, Nestle, Bajaj Finance, KMB

Stocks to watch: Axis Bank, Macrotech, LTIM, Nestle, Bajaj Finance, KMB

Macrotech Developers: The company, operating under the ‘Lodha’ brand, has increased its pre-sales forecast for 2024-25 by 20% to ₹17,500 crore, backed by robust demand and a strong launch pipeline, according to a senior company official. The Mumbai-based developer achieved a record high of ₹14,520 crore in pre-sales in FY24. On Wednesday, the real estate … Read more

Infosys shares have highest weight in Nifty IT index; TCS positioned second

Infosys shares have highest weight in Nifty IT index; TCS positioned second

IT stocks are in focus as the top Indian software companies, Tata Consultancy Services (TCS), Infosys, Wipro and Persistent Systems, have announced their Q4 results. The Nifty IT index, the benchmark that gauges the performance of IT stocks, has failed to give any return in the year 2024 so far. The Nifty IT index has … Read more

Stock market today: Vodafone Idea, Metropolis Healthcare, Bandhan Bank among 10 stocks under F&O ban list on April 18

Stock market today: Vodafone Idea, Metropolis Healthcare, Bandhan Bank among 10 stocks under F&O ban list on April 18

Indian stock market today: A total of ten stocks have been banned for trade on Thursday, April 18, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as they crossed 95% of the market-wide position limit (MWPL), according to the … Read more

Sensex, Nifty on the dance floor — should you simply invest in index funds and relax? Here is what experts say

Sensex, Nifty on the dance floor — should you simply invest in index funds and relax? Here is what experts say

The Sensex closed above the 75,000 mark for the first time on Wednesday, April 10. The NSE Nifty50 index has touched the 22,700 mark. The benchmark indices Sensex and Nifty have soared around 18.74 per cent and 20.03 per cent respectively during the Calendar Year 2023.  In fiscal 2024, the Nifty posted a 30 per … Read more