The seasonality of the market in November is evenly split between the bulls and bears, with Nifty ending higher in five of the last ten years and falling in the other five years. Despite the mixed record, the index delivered an average positive return of 1.6% over the month. Despite mixed action for India’s pulse […]
Indian markets are supported by strong domestic liquidity, even as global uncertainties weigh on sentiment. While foreign investors have turned cautious, steady buying by local investors and hopes of an India-US trade deal are keeping the indices floating near record highs. ET Markets spoke to Kranthi Bathini, equity strategist at WealthMills Securities, to understand what […]
The Indian market ended lower on Friday, with the Sensex and Nifty snapping a six-day winning streak as investors locked in their gains after benchmarks hovered around record highs. The pause followed a rally fueled by optimism about easing global trade tensions and expectations of a recovery in corporate profits. The S&P BSE Sensex fell […]
The Nifty 50 looks set to challenge a new all-time high this week as six key factors could converge to strengthen bullish sentiment – from expectations of a US Fed rate cut and an easing in FII selling to strong domestic earnings and progress in trade talks. The optimism comes after the benchmark index nearly […]
Markets continued their upward momentum for the fourth week in a row, ending the Diwali-shortened trading period with modest gains. Optimism dominated the first sessions; however, some gains in the latter part of the week offset the progress. As a result, the Nifty climbed 0.33% to 25,795.15, while the Sensex rose 0.31% to 84,211.88. Stronger-than-expected […]
Indian benchmark indices ended the week with a gain of 1.6%, helped by the strength of IT and healthcare stocks. When markets reopen on Monday after the holiday week, a host of key domestic and global triggers are likely to impact sentiment. On Friday, the Nifty closed 103.55 points, or 0.41%, higher at 25,285.35. Commenting […]
The Indian market advanced on Friday, supported by gains in financial heavyweights amid renewed inflows of foreign portfolio investors (FPIs) over the past three sessions. Optimism ahead of the quarterly earnings season added to the bullish sentiment, although Tata Consultancy Services (TCS) limited broader gains after reporting weaker-than-expected quarterly results in September. The S&P BSE […]