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
Indian stock market witnessed a carnage in the first week of October amid selling pressure across the board on weak global cues. The benchmark indices, Sensex and Nifty 50, plunged around 4.5% each last week, recording their worst week in two years. On Friday, the Sensex tumbled 808.65 points, or 0.98%, to close at 81,688.45, … 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
The US Federal Reserve’s unexpected 50 bps rate cut and its shift in policy are boosting the emerging markets. After the event, it was highly expected to do so in anticipation of an influx of FII inflows. There is courtesy of the dollar to depreciate and EMs currency to appreciate as the dollar interest rate … Read more
Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on … Read more
Bank Nifty Trading Strategy Today: Indian stock market indices touched record high levels on Wednesday, with the BSE Sensex surpassing 85,000 level and the Nifty 50 closing above the 26,000-mark. The rally in the domestic equity has been accelerated by improved investors’ risk appetite after the US Federal Reserve’s supersized interest rate cut, sustained foreign … 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
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
Vodafone Idea share price: After the Supreme Court did not find relief on AGR dues, Vodafone Idea shares witnessed a strong sell-off last week and touched a new 52-week low of ₹9.79 apiece during Friday deals. However, the beaten-down stock witnessed strong buying at the lower levels and finished green at ₹10.52 per share, logging … Read more
Stock market today: More than 250 stocks, including ICICI Bank, Bharti Airtel, Hindustan Unilever (HUL), Bajaj Finserv and JSW Steel, hit their fresh 52-week highs in intraday trade on BSE on Friday, September 20, even as equity benchmarks, the Sensex and the Nifty 50, clocked robust gains to scale their fresh peaks. Zomato, Bajaj Holdings, … Read more