The Indian stock index could be headed for another leg higher in the next 15 months as the long-awaited earnings recovery takes hold. Antique Stock Broking has forecast the Nifty 50 to rise to 29,500 by March 2027 and urged investors to position themselves for a rebound led by banks, capex and select discretionary stocks. […]
The Indian market ended higher on Friday, with the Sensex and Nifty supported by a firmer rupee and an improving global environment, as investors bet on further interest rate cuts by the US Federal Reserve early next year.The benchmark Sensex climbed 638 points or 0.75% to close at 85,567.48, while the Nifty 50 rose 206 […]
The Indian market ended higher on Friday, with the Sensex and the Nifty on a four-day losing streak, as cooler-than-expected inflation in the US lifted global risk appetite and revived expectations of Federal Reserve rate cuts in the coming year. The constructive mood reflected gains in Asian markets, among other supportive signals.The S&P BSE Sensex […]
The Indian market went on a three-day losing streak on Thursday with the Sensex and Nifty staging a broad recovery after the US Federal Reserve implemented a 25 basis point interest rate cut overnight. The recovery came at the same time as the rupee weakened to a new low amid growing concerns over the lack […]
Shares of Siemens Energy India Ltd (SEIL) will begin trading on Tuesday, November 25, after it reported a solid close to fiscal 2025, with fourth-quarter numbers underscoring strong operating momentum and a healthy foundation for the year ahead. The company’s Q4 FY25 revenue rose 27% to Rs 2,646 crore, while profit after tax rose 31% […]
NSE Indices announced a recasting of his benchmark indices on Friday as part of his half-yearly assessment. Budget Carrier Indigo and Max Healthcare Institute will be included in the Nifty Index, to replace Hero Motocorp and Indusind Bank. The changes will take effect from September 30. Indigo had an average exemption market capitalization of RS […]