Indian stock markets closed cautiously and within a range on Tuesday after profit booking in banking, IT and healthcare stocks emerged as a major drag on the indices. Overall, analysts say the near-term outlook remains slightly positive, with a consolidating slant, with the uptrend capped unless a clear break above 26,000 occurs.STATE OF THE MARKETSGIFT […]
Indian stock markets traded cautiously positive on Monday with benchmark indices opening higher after the announcement of an interim framework for the India-US trade deal. Analysts say the market appears to be in a phase of gradual recovery and consolidation, with near-term direction likely to be determined by global macro developments, currency movements and the […]
The Indian rupee closed slightly weaker on Monday, unable to benefit from a broadly weaker dollar due to corporate demand for the dollar, in a trading session that was also marked by technical difficulties.The rupee closed at 90.7575 per dollar, down 0.1% from its close of 90.6550 on Friday. Market participants had noticed trade execution […]
FSN E-Commerce Ventures Limited: Net profit of Rs 67.74 cr vs Rs 26.41 cr, revenue of Rs 2872.26 cr vs Rs 2267.21 cr (YoY) (Positive) Bharti Hexacom Limited: Net profit of Rs 473.70 cr vs Rs 260.90 cr, revenue of Rs 2359.80 cr vs Rs 2250.70 cr (YoY) (positive) GNG Electronics Ltd: Net profit at […]
The Union Budget for FY27 struck a balancing act by keeping capital investment growth at 12% despite revenue pressures, with an increase in short-term borrowing being the only negative. The Nifty corrected 2% on Budget Day and analysts say they now see a limited downside (1-2%) compared to current levels.“However, a reversal of the recent […]
Indian stock markets closed mixed on Thursday after opening lower, supported by a pre-Budget rally and optimism around the India-European Union free trade deal. Analysts say markets are expected to remain within a range, with stock-specific action likely to dominate ahead of the Budget.STATE OF THE MARKETSGIFT Nifty (earlier SGX Nifty) signals a negative startGIFT […]
Indian stock markets closed higher on Wednesday on positive global cues and investor optimism surrounding the completion of the India-EU free trade deal. Looking ahead, analysts expect that the positive market momentum of the past two days could continue, supported by positive sentiments around the India-EU FTA and the upcoming Budget, while keeping an eye […]
Asian shares fell as concerns about tariffs resurfaced after President Donald Trump threatened to raise duties on South Korean goods. The yen maintained its gains.The Kospi Index, one of the world’s best-performing benchmarks this year, fell 0.9%, while the South Korean won weakened after four days of gains. Japanese shares fell for a second day, […]
Emerging Asia is attracting new demand as a relative refuge from geopolitical uncertainty elsewhere, even as some immediate risks have diminished. US President Donald Trump’s decision to suspend tariff threats against Europe over Greenland has calmed markets for the time being. As concerns about tensions in the Middle East and US actions in Latin America […]
Indian shares recovered on Thursday after falling more than 2% in the past three trading sessions. Analysts expect markets to follow global signals, macro indicators and continued quarterly earnings. Key companies announcing results on Friday include JSW Steel, Shriram Finance, BPCL, Godrej Consumer, Cipla, MCX and Piramal Finance.STATE OF THE MARKETSGIFT Nifty (earlier SGX Nifty) […]