Equity benchmarks extended their winning streak for the third week in a row, hitting new record highs on improved global risk appetite and supportive domestic signals. After some initial profit-taking at the start of the week, a sharp recovery mid-week provided renewed bullish momentum, followed by a phase of healthy consolidation. Towards the end of […]
Markets moved higher on Thursday to hit a new record high, supported by favorable global cues. In addition to strength in US markets, optimism around possible rate cuts and easing in crude oil prices continued to support buying sentiment.“We expect the positive momentum to continue, with the Nifty gradually moving towards the 26,500 mark. On […]
Shares of FSN E-Commerce Ventures, parent company of Nykaa, are trading near their 52-week high of Rs 273.20, marking a robust rally of 76.4% from the low of Rs 154.90 in March 2025. The stock is now at its highest level in almost three and a half years.Nykaa’s strong recovery and sustained uptrend have taken […]
Zinc futures traded positively on Tuesday amid demand for the base metal in spot markets. Domestic prices took cues from their international peers and reached a high of Rs 299 per kg, rising 0.6% intraday.Three-month contracts rose 0.4% on the LME to trade at Rs 3,000 per tonne, while those on SHFE were marginally higher […]
The Indian stock market is at a crossroads: the Nifty is tantalizingly close to its all-time high, just 210 points away, but the rupee’s dramatic plunge to a lifetime low near 89.5 has disrupted the bullish narrative. With foreign investors turning net sellers and currency volatility spiking, the coming sessions will determine whether India’s equity […]
The markets witnessed a volatile session on the weekly expiration day and fell almost half a percent, extending the ongoing consolidation phase. Analysts say the recent market action reflects a cautiously optimistic undertone, supported by solid domestic macro indicators.“Going forward, we expect further consolidation to continue, which would be healthy as long as the Nifty […]