Bitcoin climbed back above $70,000 on Friday after earlier falling to a 16-month low, lifted by a sharp recovery in technology stocks and precious metals after a global rout that hit a wide range of risk assets. The world’s largest cryptocurrency last rose more than 11% to $70,231, rising to $71,464.96 and reversing losses that […]
India’s benchmark indices broke their two-day winning streak on Thursday to end lower amid broad selling pressure. Financial services, auto and IT stocks led the declines. The Nifty closed at 25,642.80, down 133.20 points or 0.52%, while the BSE Sensex fell 503.76 points, or 0.60%, to 83,313.93.Meanwhile, the volatility gauge India VIX ended at 12.17, […]
Benchmark indices Nifty and Sensex ended the curtailed holiday week on a strong note on Tuesday after India and the European Union signed their long-awaited trade deal earlier in the day.Prime Minister Narendra Modi announced that India and the EU had signed a “landmark” free trade deal, describing it as the “mother of all deals”. […]
Foreign portfolio investors (FPIs) have become aggressive sellers of Indian equities, selling shares worth Rs 33,598 crore through January 23, according to NSDL data. This is the highest monthly outflow since August 2025.This reflects a sharp deterioration in foreign sentiment towards Indian markets, amid macroeconomic headwinds and continued global uncertainty. According to VK Vijayakumar, Chief […]
TLDR: The current altcoin market structure reflects the August 2019 setup with matching falling wedge patterns and macro conditions. Both periods see an end to quantitative tightening, which historically indicates an increase in liquidity and outperformance of altcoins. Extreme bearish sentiment and capitulation narratives today parallel the ICO bubble pessimism of 2019 before the rally. […]
European shares closed at a record high on Friday, driven by a surge in Glencore that helped the STOXX 600 hit its longest weekly winning streak since May. After two consecutive losing sessions, the recovery underlined investors’ resilience, even as a string of weak gains and renewed geopolitical tensions fueled by US actions in Venezuela […]
The ongoing volatility in Indian equities is largely sentiment-driven rather than structurally weak, with the benchmark index stuck within a tight consolidation band for over a month, said Vinay Rajani, AVP and Senior Technical & Derivative Analyst at HDFC Securities.Speaking to ET Now, Rajani said that the market has remained within a certain range for […]
US stock exchange Nasdaq’s plan to introduce 24-hour trading in US stocks could change the way Indian markets respond to global signals, even if it does not fundamentally change the structure of domestic trading, experts say.According to a report from Reuters, Nasdaq is preparing to file paperwork with the U.S. Securities and Exchange Commission (US […]
Global equities are expected to end the week on a positive note as investors reacted to the latest policy move from the US Federal Reserve, which came slightly later than expected but had a tone interpreted by many on the Street as friendlier than feared. The latest rate cut was seen as less aggressive than […]
The Indian market went on a three-day losing streak on Thursday with the Sensex and Nifty staging a broad recovery after the US Federal Reserve implemented a 25 basis point interest rate cut overnight. The recovery came at the same time as the rupee weakened to a new low amid growing concerns over the lack […]