Sudip Bandyopadhyay highlighted that Indian equity markets are currently in a consolidation phase, which offers attractive bottom-up investment opportunities. According to Bandyopadhyay, the sharp market correction in recent months is a natural adjustment from the highs of late 2024, with fundamentals gradually catching up with valuations. In an exclusive interview with ET Now, he noted […]
The Indian stock market is in a tough patch as the Nifty index is hovering around a key support level of 25,650 after three days of positive momentum. After breaking significant resistance levels earlier this week, the market is now consolidating amid mixed sector performance.Rahul Sharma of JM Financial Services noted, “Right now, we are […]
Benchmark indices Sensex and Nifty traded lower on Thursday after a sharp sell-off in IT stocks weighed on market sentiment. Investor caution also increased after stronger-than-expected US jobs data for January dampened hopes for near-term interest rate cuts from the Federal Reserve.The BSE Sensex traded over 400 points lower to the day’s low of 83,817, […]
State-owned NTPC reported over 8% growth in its consolidated net profit in the quarter ended December to Rs 5,489 crore, compared to Rs 5,063 crore in the same period a year ago. The profits accrue to the owners of the parent company.The company’s revenue from operations in Q3FY26 was Rs 45,846 crore versus Rs 41,369 […]
The stock markets are gearing up for an eventful week in which key factors such as quarterly earnings of companies, the US Fed’s interest rate decision and the upcoming Union Budget 2026-27 will be in the spotlight, analysts said.The stock markets would be closed on Monday for Republic Day. Moreover, the trading activities of foreign […]
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 […]
Benchmark indices rose on Friday amid a broad-based rally in banking, real estate, metals and auto stocks. The NSE Nifty 50 index hit an all-time high of 26,340 today before closing 182 points or 0.70 percent positive at 26,328.55. BSE Sensex ended 573.41 points or 0.67 percent higher at 85,762.01, after rising over 740 points […]
Equity benchmarks Nifty and Sensex started 2026 on a strong footing, posting gains for the second straight session, driven by sharp rallies in auto, banking and IT stocks even as steep declines in major FMCG names capped the upside.At around 9:45 am, the BSE Sensex rose 220 points, or 0.26%, to open at 85,444, while […]
Markets traded dull for the second straight session on Wednesday, ending marginally lower, indicating continued consolidation after the recent surge. Analysts maintain a positive bias amid the ongoing consolidation in the index and continue to recommend a buy-on-dips approach as long as the Nifty maintains its prevailing uptrend.“For renewed momentum, stronger participation from the banking […]
Indian shares traded modestly higher on Wednesday, with the Sensex and Nifty stabilizing after a flat close in the previous session, as stronger-than-expected US economic growth data boosted risk appetite. However, optimism was tempered by continued foreign fund outflows and meager trading volumes at the end of the year.The Sensex rose 100 points, or 0.07%, […]