Latest Updates Around The World
The Nifty IT index closed February about 20% lower, while the tech-heavy Nasdaq fell just 4% in the same month. Experts pointed to structural differences in the composition of the index as a reason for the divergent performance of ETFs benchmarked to the two indices.“The Nasdaq includes hardware, platform and product-led technology companies including AI […]
The seasonality in March continues to favor bulls, with Nifty ending the month on a positive note eight times in the last decade. Much of this supershow can be attributed to Foreign Institutional Investors (FIIs), who have been net buyers 70% of the time. They were ably supported by domestic institutional investors (DIIs), who acted […]
Indian shares closed higher on Wednesday on the last trading day of the year, with the Sensex and Nifty recovering after five and four straight sessions of losses respectively, as buying returned to metal stocks following the government’s decision to impose a three-year safeguard duty on select steel imports, among other factors supporting the rally.The […]
Veteran fund manager Samir Arora has revived the long-running India versus global investing debate with a data-rich comparison that puts Indian equities well ahead of gold and even US markets over the past three decades.The founder and fund manager of Helios Capital Management, in a post on Importantly, these returns are calculated after taking into […]
Ola shares ended the week 6% lower despite recovering on Friday, reflecting continued weakness in the broader trend. While near-term technical indicators point to a possible rebound, Anand James, chief market strategist at Geojit Investments Limited, cautions that the shares lack confirmation of a sustainable reversal, suggesting more consolidation or downside risk lies ahead.Edited excerpts […]
Nifty broke its four-session losing streak on Friday but still ended the week with a decline of 0.3%. Trading activity in major global markets is expected to remain subdued due to the extended Christmas holidays, even though Indian markets will be closed for just one day on Thursday, December 25. However, when domestic markets resume […]
Indian shares opened flat on Monday, with the Sensex and Nifty showing little direction as investors entered a week of IPOs. Now that last week’s Reserve Bank of India policy decision has been digested, traders are keeping a lid on risk ahead of the US Federal Reserve’s rate hike later this week, where a cut […]
Indian shares closed lower on Wednesday, with the Sensex and Nifty continuing their declines to a fourth straight session as investors held on to gains near record highs. Sentiment on Dalal Street remained fragile ahead of the Reserve Bank of India’s policy decision on Friday, as continued foreign outflows kept pressure on the rupee, pushing […]
Indian shares closed solidly higher on Wednesday, with the Sensex and Nifty paring early losses, as renewed foreign inflows and a recovery in IT big names kept sentiment steady. Infosys led the charge, anticipating its Rs 18,000 crore share buyback that will start on Thursday.The S&P BSE Sensex rose 513 points, or 0.61%, to close […]
Indian shares closed solidly higher on Monday, with the Sensex and Nifty extending their winning streak to a sixth straight session, while investors welcomed new support measures from the Reserve Bank of India for exporters hit by recent tariff disruptions. Financial stocks led the advance, with sentiment further boosted by improving second-quarter earnings expectations.The S&P […]
