Domestic markets are likely to see a flat open on Wednesday amid mixed global cues. Gift Nifty at 25,755 indicates a marginal decline at opening. Hariprasad K, research analyst and founder of Livelong Wealth: After two modestly bullish sessions, the index could look to extend its near-term upside momentum, provided early gains continue. As the […]
The Delhi High Court on Monday dismissed a petition challenging the no-objection certificate issued by capital markets regulator Sebi for the proposed IPO of the National Stock Exchange. This removes a legal hurdle in the exchange’s long-delayed listing plans.Justice Jasmeet Singh dismissed the plea filed by former judicial officer KC Aggarwal, noting that the petition […]
Benchmark indices Sensex and Nifty ended the week on a bearish note, closing over a percent lower each, as a deeper sell-off in IT stocks rocked investor sentiment amid rising fears of AI-induced disruption. Moreover, stronger-than-expected January jobs data dampened hopes for a rate cut by the US Fed.Here are seven factors that could determine […]
The National Stock Exchange of India said on Thursday it has appointed Rothschild & Co as an independent adviser to oversee the much-anticipated initial public offering.Rothschild will help select lead bankers, legal advisors and other intermediaries for the IPO, NSE said in a statement. Rothschild will also ensure information parity, consistent communication with stakeholders and […]
The Nifty IT index fell nearly 6%, its steepest single-day decline in six years. Markets closed marginally higher on Wednesday after a sharp sell-off in information technology stocks, triggered by fears that artificial intelligence would disrupt traditional software business models, wiped out gains in the oil and gas and consumer-facing sectors, with the BSE Sensex […]
Benchmark indices Nifty and Sensex rose 4.7% and 4.4% respectively, in one of the biggest single-day gains after India and the US announced a long-awaited trade deal, easing concerns over tariffs that have weighed on Indian markets for months. The benchmark BSE Sensex rose nearly 3,500 points, or 4.4%, to 85,323 in early trade, while […]
Indian shares swung between gains and losses in a special trading session ahead of the federal budget on Sunday as investors turned cautious ahead of the government’s budget presentation. Market participants are looking for signals of increased government spending to support growth and measures to support export-oriented industries under pressure from US tariffs.After opening in […]
Benchmark indices pared most of their early losses to trade marginally lower on Thursday afternoon, with the Sensex down 195.10 points or 0.24 per cent to 82,149.58 and the Nifty down 54.30 points or 0.21 per cent to 25,288.45 as of 12:30 pm. The indices opened flat, with the Sensex at 82,368.96 against the previous […]
Indian stock markets will remain closed today, January 26, on account of Republic Day. Both the National Stock Exchange (NSE) and the BSE have suspended trading in all segments, including equities, equity derivatives, currency derivatives and interest rate derivatives.Commodity trading will also remain halted for the day, with the Multi Commodity Exchange (MCX) observing a […]
Indian shares opened marginally lower on Wednesday, adding to pressure from the previous session’s sharp sell-off that dragged the Sensex and Nifty to their weakest levels in more than three months. Continued foreign fund outflows, uneven corporate profits and persistent concerns about global trade and geopolitics continued to weigh on sentiment.The BSE Sensex fell 102 […]