Indian equity markets started the week on a positive note, but the momentum quickly faded, with benchmark indices running largely within the range over the past few sessions. According to Jigar S Patel, Senior Manager – Equity Research at Anand Rathi, the broader technical situation remains optimistic, although near-term consolidation is likely. Useful: consolidation before […]
Indian shares traded modestly higher on Wednesday, with the Sensex and Nifty stabilizing after a flat close in the previous session, as stronger-than-expected US economic growth data boosted risk appetite. However, optimism was tempered by continued foreign fund outflows and meager trading volumes at the end of the year.The Sensex rose 100 points, or 0.07%, […]
Indian shares closed lower on Wednesday, with the Sensex and Nifty extending their declines to a third straight session, as investors grappled with uncertainty over the US Federal Reserve’s interest rate outlook following mixed signals from US jobs data. Sentiment was further dampened by the lack of progress on a future US-India trade deal, keeping […]
Market participants are preparing for a phase where returns may no longer be easy to obtain from following broad themes. Instead, selectivity, size of investments and a sharper bottom-up approach could shape portfolios in the coming months, says Ambit’s Nitin Bhasin.Responding to whether the coming year will be more driven by bottom-up stories amid a […]
Indian shares opened flat on Monday, with the Sensex and Nifty showing little direction as investors entered a week of IPOs. Now that last week’s Reserve Bank of India policy decision has been digested, traders are keeping a lid on risk ahead of the US Federal Reserve’s rate hike later this week, where a cut […]
The Sensex shot past 86,000 for the first time on Thursday, reaching 86,026, while the Nifty rose to 26,246.65 – a record last set on September 27, 2024. But peel away the index veneer and the picture becomes grim: almost half of the Nifty50 stocks haven’t even touched their all-time highs this year, exposing a […]
Retail giant Trent’s 40-45% correction is not a valuation mystery; it is the result of a meaningful slowdown in same-store sales (SSG) growth, says Saurabh Mukherjea, founder of Marcellus Investment Managers. Speaking to ET Now, Mukherjea said the decline is reflective of the broader consumption slowdown in India, but policy support offers hope for 2026. […]
The Indian market ended higher on Monday, with the Sensex and Nifty mirroring gains in Asian markets, amid optimism that Washington is nearing a solution to the prolonged US government shutdown. Investor sentiment was also boosted by stock-specific rallies following positive quarterly results.The S&P BSE Sensex climbed 0.38% to 83,535.35, up 319.07 points, while the […]
India’s low-profile billionaire and retail king, Radhakishan Damani, appears to have exited his decade-old stake in the Tata Group’s retail powerhouse Trent, sparking new rumors on Dalal Street about what might have prompted this move after years of great success. The filings for the September 2025 quarter show Damani’s stake in Trent, held through Derive […]
Tata Group investors have little to celebrate this year. As boardroom infighting within Tata Trusts comes to light, shares of major group companies have fallen sharply from their all-time highs, with Tata Motors down 42% and Tata Consultancy Services (TCS) down 33%, taking the group’s combined market value down by Rs 4.56 lakh crore by […]