Domestic markets are likely to open weakly on Friday amid a global crisis. The focus will be on the outcome of the RBI’s monetary policy and the prospects for the Indian economy. Gift Nifty reigns at 25,600 against the Nifty futures close of 25,725, indicating a gap down opening of 125-130 points at open. Analysts […]
India’s recent trade deals with the US and EU are changing the way global investors view Indian assets, even as markets react nervously to domestic policy changes.In this edition of ETMarkets Smart Talk, Pradeep Gupta, Chairman and MD of Anand Rathi Share and Stock Brokers Ltd, explains why these deals significantly reduce India’s geopolitical risk […]
The Nifty IT index fell nearly 6%, its steepest single-day decline in six years. Markets closed marginally higher on Wednesday after a sharp sell-off in information technology stocks, triggered by fears that artificial intelligence would disrupt traditional software business models, wiped out gains in the oil and gas and consumer-facing sectors, with the BSE Sensex […]
At the interbank foreign exchange market, the rupee opened at 90.35 and touched an early high of 90.26 and a low of 90.54 against the dollar. | Photo credit: FRANCIS MASCARENHAS The rupee fell 11 paise to 90.43 (provisional) against the US dollar on Wednesday after a sharp rally in the previous trading session following […]
Domestic markets are likely to open flat on Wednesday despite weak global cues. Gift Nifty at 25,806 indicates a flat opening. According to market experts, sentiment has turned from ‘selling on rally’ to ‘buying on dips’ after the US-India deal. According to them, the consolidation phase is likely to continue. Ponmudi R, CEO, Enrich Money, […]
A sharp rise in GIFT Nifty paved the way for a strong opening on Dalal Street on Tuesday after India and the US announced a long-awaited trade deal, allaying tariff concerns that had weighed on Indian markets for months. GIFT Nifty rose nearly 800 points before easing a bit, signaling a broad-based relief rally. The […]
GIFT Nifty on the NSE IX rose nearly 600 points or 2.4% to 25,374, indicating Dalal Street is heading for a big upside on Tuesday. This came after the news that India and the US had signed a trade deal.Donald Trump said on his Truth Social platform that he spoke with Prime Minister Narendra Modi […]
Nifty 50, Sensex and Nifty Bank index have risen well after their support last week. Nifty and Sensex rose 1.1 percent and 0.9 percent respectively. The Nifty Bank index rose 1.95 percent. All eyes are now on the budget. We’ll have to wait and see what’s in store for the markets. But if we leave […]
Benchmark indices pared most of their early losses to trade marginally lower on Thursday afternoon, with the Sensex down 195.10 points or 0.24 per cent to 82,149.58 and the Nifty down 54.30 points or 0.21 per cent to 25,288.45 as of 12:30 pm. The indices opened flat, with the Sensex at 82,368.96 against the previous […]
Forget Prinsjesdagtheater! A deep dive into 15 years of Nifty data shows that investors obsessed with February 1 may be missing the real opportunity: the average Budget Day move is a negligible 0.19% for Nifty 50, while the week after the event has delivered seven times higher returns, suggesting that the smart money is waiting […]