With the Union Budget just a day away, sharp moves in defense stocks and changing sector dynamics are making investors more selective, said market expert Sandip Sabharwal. Speaking to ET Now, Sabharwal emphasized that while the defense theme remains structurally strong, stock selection will be crucial going forward.He said the defense sector has gone through […]
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 closed lower on Tuesday, with the Sensex and Nifty extending their declines for a second straight session, as continued foreign portfolio outflows and a weakening rupee kept investors on edge. Lingering uncertainty over a possible US trade deal contributed to the cautious mood on Dalal Street.The S&P BSE Sensex fell 533 points, […]
The Indian market closed lower on Wednesday, with the Sensex and Nifty giving up early gains as traders held on to gains ahead of US Federal Reserve policy outcomes.The S&P BSE Sensex fell 275 points (0.32%) to close at 84,391.27, while the NSE Nifty 50 lost 82 points (0.32%) to close at 25,758. This is […]
The Indian market ended lower on Tuesday, with the Sensex and Nifty retreating after briefly beating record levels in the previous session, as investors held on to gains and foreign funds continued to trim their exposure. A mix of profit-taking and external pressure kept the benchmarks under pressure. The S&P BSE Sensex fell 503.63 points, […]
The Indian market closed flat on Friday with a slight negative bias, with the Sensex and the Nifty swinging between red and green as investors booked gains near record levels and assessed expectations of possible rate cuts in both the US and India, alongside incoming domestic growth signals.The S&P BSE Sensex fell 13.7 points (0.02 […]
The Indian market ended Thursday’s session in green after both the Sensex and Nifty briefly hit new all-time highs before paring back gains at the end of the day. Optimism around possible US and domestic interest rate cuts next month continued to support risk appetite and attract new purchases.The S&P BSE Sensex rose 110.87 points, […]
Gold and silver prices fell in early trading on Tuesday, November 18, amid waning expectations for a US interest rate cut as investors await the release of delayed US economic reports this week. The lack of US data over the past six weeks, coupled with hawkish comments from several Fed officials, has dampened hopes for […]
Shares of AstraZeneca Pharma India rose as much as 3.5% to a day’s high of Rs 9,469.50 per share on the NSE on Tuesday, November 18, after the drugmaker said it has entered into a second brand partnership with Sun Pharmaceutical Industries to expand the availability of sodium zirconium cyclosilicate (SZC), a treatment used to […]