Benchmark indices closed sharply lower on Friday amid broad selling, with auto, financial sector and FMCG stocks bearing the brunt. With domestic markets set to reopen on Monday, a packed calendar of global and domestic triggers are expected to shape investor sentiment.The 50-share Nifty fell 317.90 points, or 1.25%, to settle at 25,178.65. Rupak De, […]
Nifty ended sharply lower on Friday amid broad selling pressure. Auto, financial sector and FMCG stocks were the key laggards, while the IT sector witnessed selective buying. The index has fallen sharply after remaining below the key short-term moving average for three consecutive sessions.Rupak De, Senior Technical Analyst at LKP Securities, noted that the index […]
While Foreign Institutional Investors (FIIs) turned net buyers in February and picked up Indian equities worth Rs 22,615 crore during the month, Friday’s sharp sell-off has cast doubt on the sustainability of that trend reversal. With the conflict between Iran and Israel escalating this weekend, risk appetite may take a back seat, prompting foreign investors […]
According to experts, oil prices could rise as high as $80 a barrel in the wake of the conflict between Israel and Iran that broke out on Saturday. They fear a disruption in the global supply of crude oil. Israel launched attacks on the Iranian capital Tehran to eliminate what it called “an existential threat.” […]
Markets were under sustained pressure all week, ending on a decidedly negative note. After attempting a modest recovery early, the Nifty faced sustained selling at higher levels and fell as the week progressed. The index has been fluctuating within a defined range of 25,771.45 on the higher side and 25,141.30 on the lower side. Volatility […]
Amid increased volatility and sharp stock-specific reactions to gains, Daljeet Kohli advocates a disciplined bottom-up investment strategy, arguing that broad sectoral or thematic investments may not work in the current environment.Speaking to ETNow, Kohli noted that market diversification has increased significantly, with companies being rewarded or punished purely on quarterly performance. Stocks that disappointed in […]
Indian stock markets are expected to open a gap on Monday after Israel launched pre-emptive strikes on Iran on Saturday after the US and the West Asian country failed to settle their differences over the nuclear deal.President Donald Trump called it a “major combat operation in Iran” in a video release on social media after […]
Bitcoin is hovering around the $65,000 mark as risk sentiment in the crypto market erased all midweek gains. The cryptocurrency was trading at $65,030.In the past 24 hours, Bitcoin and Ethereum have fallen by 3.80% and 6.73% respectively. Among the major altcoins, XRP, BNB, Solana, tron, Dogecoin, Cardano and Hyperliquid are down 8%. Also read […]
Gold and silver traders can expect some fireworks on Monday after Israel launched a pre-emptive strike on Iran on Saturday with the help of the United States, plunging the Middle East into a new bout of military confrontation.The strike is expected to further dim hopes for a diplomatic solution to Tehran’s long-running nuclear dispute with […]
Sudip Bandyopadhyay highlighted that Indian equity markets are currently in a consolidation phase, which offers attractive bottom-up investment opportunities. According to Bandyopadhyay, the sharp market correction in recent months is a natural adjustment from the highs of late 2024, with fundamentals gradually catching up with valuations. In an exclusive interview with ET Now, he noted […]