Latest Updates Around The World
Amid the sharp selloff triggered by US and Israeli missile strikes on Iran, global brokerage firm Jefferies has struck a cautiously optimistic tone, suggesting the revival in the Middle East could be short-lived. The brokerage draws parallels with recent regional conflicts that quickly faded and sees a potential buying opportunity emerging from the panic.However, it […]
The Indian market closed its first trading session of the year with little change on Thursday. The Sensex closed marginally lower and the Nifty closed modestly higher. Gains among IT heavyweights offset losses caused by a decline in ITC after the government announced a new tax on cigarettes.The BSE Sensex fell 32 points, or 0.04%, […]
After a volatile and largely disappointing 2025 for equity investors, seasoned market expert Dipan Mehta, director at Elixir Equities, believes 2026 could mark a meaningful turnaround – driven by an earnings rebound, selective stock selection and a shift towards export-oriented sectors.Speaking to ET Now, Mehta said 2025 looked like a ‘bear market in disguise’ despite […]
According to Pankaj Pandey, head of research at ICICIdirect.com, India’s defense production, certain consumption patterns and the financial sector continue to offer strong long-term growth prospects even as sector rotation drives market performance in the short term.Speaking to ET Now, Pandey said faster conversion of defense approvals into executable orders will be a major positive […]
Indian shares traded modestly higher on Wednesday, with the Sensex and Nifty stabilizing after a flat close in the previous session, as stronger-than-expected US economic growth data boosted risk appetite. However, optimism was tempered by continued foreign fund outflows and meager trading volumes at the end of the year.The Sensex rose 100 points, or 0.07%, […]
Nifty’s 4% rally over the past three months has more scope to grow, says Prabhudas Lilladher (PL), who estimates the heartbeat index to reach its target of 29,094 in the next 12 months, implying 11% growth from current levels. PL has revised its targets upwards from 28,781, believing that economic momentum will pick up from […]
