The Nifty IT index closed February about 20% lower, while the tech-heavy Nasdaq fell just 4% in the same month. Experts pointed to structural differences in the composition of the index as a reason for the divergent performance of ETFs benchmarked to the two indices.“The Nasdaq includes hardware, platform and product-led technology companies including AI […]
The combined market valuation of nine of the top 10 most valued companies fell by Rs 2,18,902.09 crore last week, with Bharti Airtel taking the biggest hit in line with a bearish trend in equities.Last week, the benchmark BSE fell 1,527.52 points or 1.84 percent. “Equity markets ended the week under significant pressure as continued […]
Copper prices traded within a narrow range on Tuesday amid concerns about rising inventories and sluggish demand, dampening investor risk appetite for the red metal even as the US dollar weakened.February copper contracts fell 0.9% to hit an intraday low of Rs 1,238.55 per kg, reflecting weakness in overseas markets. On the London Metal Exchange […]
Religare Broking on Monday said it has appointed Vijay Kumar Goel as managing director as the brokerage firm focuses on scaling its core business and expanding its wealth product offering.Before joining Religare Broking, Goel was self-employed as an Executive Coach and Business Growth Consultant, mentoring senior leaders and advising financial services firms on growth and […]
Indian stock benchmarks recovered from early losses to post gains late Friday as investors balanced optimism ahead of the release of the US-India trade deal against nervousness in the global technology basket. The NSE Nifty added 0.2% to end at 25,693.7, while the BSE Sensex rose 0.3% to 83,580.40. Both gauges ended the six-session trading […]
The combined market valuation of nine of the top 10 most valued companies fell by Rs 2.51 lakh crore last week, with Reliance Industries taking the biggest hit, in line with a weak trend in equities.Last week, the BSE benchmark Sensex gained 2,032.65 points or 2.43 percent. “Markets witnessed a sharp sell-off during the week […]
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 […]
Domestic copper prices fell by almost one percentage point on Tuesday to touch the day’s low of Rs 1,288.90 per kg, amid mixed global trends, as traders looked for triggers to make their next move in the base metal.The January copper contracts were trading at Rs 1,292.10 around 3 pm on the MCX, down by […]
Foreign institutional investors (FIIs) sold domestic equities worth Rs 22,530 crore in the first half of January, extending their selling streak. The pace of outflows accelerated in the holiday-shortened week, with foreign investors selling Rs 14,266 crore worth of shares in just four sessions.FIIs remained net sellers and extended their recent selling trends as tariff-related […]
According to most analysts, the new year was intended as a turning point for foreign investors. After a roaring 2025, the dominant market narrative in early 2026 was that foreign institutional investors would finally become buyers, helped by better domestic growth prospects, expectations of better corporate earnings and hopes for progress on the long-pending India-US […]