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Indian stock markets are likely to open lower on Tuesday after global cues turned weak overnight with US stocks falling sharply and GIFT Nifty indicating a negative start. GIFT Nifty was trading nearly 100 points lower late Monday, indicating that benchmark indices Sensex and Nifty could start the session under pressure.The cautious sentiment follows a […]
If GIFT Nifty is any indication of what lies ahead for the equity markets, investors can expect fireworks when trading resumes on Monday following the US Supreme Court’s decision on Friday to strike down Donald Trump’s sweeping tariffs. The GIFT Nifty settled 320 points, or 1.25% higher, at 25,886.Investors should look for export-oriented sectors such […]
Nifty finished flat in an otherwise range-bound session on Wednesday, posting its fourth consecutive gain. The technical situation remains bullish, with the RSI in a bullish crossover and the index trading above 20DMA, supporting a positive bias.Commenting on the day’s action, Rupak De, Senior Technical Analyst at LKP Securities said the index encountered resistance at […]
The India-US trade deal provided a strong boost to domestic equities, with benchmark indices ending the session with broad gains across sectors. Financial, auto, real estate and chemicals sectors emerged as the best performers, while Reliance Industries and HDFC Bank were the largest individual contributors to the frontline indices. The Nifty closed at 25,727.55, up […]
Indian equity markets may show renewed cheer on the broader side, but the next decisive step will depend on earnings visibility, currency stability and progress in the India-US trade deal, said Ashi Anand, founder and CEO of IME Capital, who believes that in the near term, markets are likely to remain within a certain range […]
