Stock markets fell on Tuesday as investors booked profits following the recent recovery, reflecting weak global sentiment. Expectations about an interest rate cut by the US Fed in December have diminished, which is weighing on sentiment. Looking ahead, analysts said progress on the Indo-US trade deal and a strengthening domestic earnings outlook could revive confidence […]
Muhurat Trading reflected cautious optimism compared to the dovish tone of 2024. The Sensex rose 84,600 points and the Nifty hovered around 25,900 points with most sectors in the green, led by IT, banking, auto and pharmaceutical stocks. The Nifty index is currently trading at a CY26 price-to-earnings ratio of 18x, slightly above the average […]