Latest Updates Around The World
Nifty ended with cuts on Thursday led by massive selling pressure on IT stocks. It was the second loss in a row as the index remained under selling pressure after a weak open.Commenting on the day’s action, Rupak De, senior technical analyst at LKP Securities, said the selling momentum was not strong, resulting in a […]
In a six-day trading week, the Nifty traded with increased volatility throughout the week and ended with gains. The week was marked by sharp swings with markets first reacting nervously to the Union Budget announced on Sunday, followed by a strong positive reaction to the India-US deal leading to a move higher. As a result, […]
The Indian market ended higher on Thursday, with the Sensex and Nifty paring early losses after a volatile session, as investors weighed continued trading optimism against increasing caution ahead of the Union Budget this weekend.At the close, sentiment recovered with the Sensex adding 222 points, or 0.27%, to 82,566.37, and the Nifty gaining 76 points, […]
India’s benchmark Nifty 50 could rise to 29,500 by end-2026, which BNP Paribas said would deliver returns in the mid-teens, largely driven by earnings growth. The brokerage urges investors to focus on large, domestically oriented stocks such as HDFC Bank, ICICI Bank, Maruti Suzuki, Mahindra & Mahindra, Reliance Industries and Bharti Airtel, as policy support, […]
India was beset by multiple macro challenges in FY25 and 1HFY26. The government tightened its fiscal belt in FY25 by reducing the fiscal deficit by 46 basis points of GDP, mainly by keeping expenditure under control. At the same time, the RBI stepped in to tackle the exuberance in private lending through a series of […]
The Nifty could head towards 30,000 by 2026 as a turbulent 2025 paves the way for the next phase of the bull market, ICICI Direct said in its Technical Yearly Outlook 2026 report. The brokerage argued that the index is now positioned for a structural rebound, driven by a ‘Cup & Handle’ breakout, a recovery […]
