Indian shares ended October on a subdued note, snapping a four-week winning streak, while benchmark indices closed marginally lower amid profit booking and mixed global cues. The tone remained largely positive and volatile throughout the first three sessions; However, profit-taking in the latter part of the week erased early gains and pushed the indices close […]
The markets traded largely within a certain range last week and ended slightly negative. After testing a high of 26097.85, the Nifty failed to maintain its gains and had to cut back, ending the week slightly lower. The Index fluctuated within a narrow range of 386.65 points during the week. India’s VIX rose 4.85% to […]
Markets snapped their four-week winning streak to end slightly lower as profit booking and mixed global signals weighed in. While the tone remained largely positive and volatile during the early sessions, selling at the end of the week erased early gains. Sector performance remained mixed throughout the week. Metals, energy and real estate stocks posted […]
Indian shares closed lower on Friday, with the Sensex and Nifty posting a second day of losses as investors booked gains amid mixed corporate earnings and cautious global cues, with a stronger US dollar and the Federal Reserve’s dovish stance on rate cuts denting sentiment, while heavyweights HDFC Bank and ICICI Bank came under pressure […]
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 […]
The Indian market ended lower on Thursday, with Sensex and Nifty falling after the US Federal Reserve’s latest interest rate decision and chairman Jerome Powell’s cautious comments spooked global investors. The S&P BSE Sensex fell 592.67 points, or 0.70%, to close at 84,404.46, while the NSE Nifty 50 fell 176.05 points, or 0.68%, to end […]
The euphoria in the headline masks an uncomfortable truth: this rally is a party with a selective guest list. While the Sensex and Nifty have already hit 52-week highs, the broader market is lagging behind, leaving both retail and institutional investors grappling with FOMO as their portfolios fail to reflect the boom. The BSE Smallcap […]
The Indian market ended lower on Tuesday as broad profit-taking dragged the Sensex and Nifty lower, offsetting strength in public sector metals and banking stocks. Consumer and IT stocks led the decline, while metal stocks rose on optimism over a possible US-China trade deal, and PSU banks advanced on reports that the government may raise […]
The rupee devalued by 21 paise to 88.40 against the US dollar in early trade on Tuesday, pressured by month-end dollar demand from importers and a rise in global crude oil prices. Forex traders said investors are watching Wednesday’s Federal Reserve policy decision for further clues. Markets assign a 97.8 percent probability of a 25 […]
India’s stock benchmarks the Sensex and Nifty rose sharply on Monday as softer-than-expected US inflation data reinforced expectations for additional Federal Reserve rate cuts in 2025 and signs of progress in US-China trade talks, among other factors, lifted investor sentiment. The S&P BSE Sensex rose over 700 points to an intraday high of 84,932.08, while […]