Latest Updates Around The World
Indian shares closed sharply higher on Friday, the second trading session of the new year, with the Nifty 50 hitting a new record high as a broad rally took place. Strong business updates boosted earnings expectations and improved investor sentiment across sectors.The Nifty 50 climbed as much as 193.45 points during the session to a […]
India’s benchmark Nifty has hit new all-time highs, but the broader market continues to underperform, with the Nifty Smallcap Index still 11% below its peak. According to Rupen Rajguru, Managing Director and Senior Advisor at Julius Baer, this divergence signals an attractive time for investors to accumulate stocks as India’s earnings cycle prepares for a […]
Markets remained largely within range last week, but managed to end on a positive note. Nifty hovered within a narrow intraweek range of 467.50 points while moving between the 25,842.95 and 26,310.45 levels. Although the index recorded a new all-time high, the move was not supported by strong participation in broader markets. Meanwhile, India’s VIX […]
Indian shares ended flat on Friday with a negative bias, with the Sensex and Nifty swinging between red and green as investors locked in gains near record levels and weighed expectations of possible rate cuts in both the US and India alongside incoming domestic growth signals.The S&P BSE Sensex fell 13.7 points, or 0.02%, to […]
Nifty ended the week with a gain of 0.6%, supported by buying in IT, auto and banking stocks. The index came within sniffing distance of its lifetime peak of 26,277, reached on September 27, 2024, reaching 26,246.65 on Thursday. Investors will be hoping the benchmark will finally breach this level, which has remained elusive for […]
