Pre-market action: Here is the trading setup for today’s session

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 […]

GIFT Handy down 20 points; here is the trading setup for today’s session

Nifty ended higher on Monday to close above 26,000 points amid optimism among investors as second quarter corporate earnings closed on a healthy note. Analysts expect the market to witness a sustained rise, driven by improving earnings momentum, strong domestic macros and stable policy support.STATE OF THE MARKETSGIFT Nifty (earlier SGX Nifty) signals a muted […]

Market Wrap: Sensex rises 411 points, Nifty tops 25,800 points as Reliance, HDFC Bank rally after gains

Indian shares rose for a fourth session on Monday, with the Sensex rising 0.5% and the Nifty closing above 25,800, while heavyweights Reliance Industries and HDFC Bank rose on optimism after the results. Gains were partly offset by profit-taking at ICICI Bank, which limited the broader rally. The S&P BSE Sensex rose 411.18 points, or […]

Market Wrap: Sensex falls 297 points, Nifty falls below 25,150 as banks pull D-St lower for day 2

Indian benchmark indices Sensex and Nifty reversed early gains to close lower for a second straight session on Tuesday, with a pullback in the financial sector weighing on sentiment. Meanwhile, LG Electronics India, despite not being part of the indices, made a blockbuster debut, with a 50% premium to its issue price, the strongest market […]

GIFT Useful 60 points; here is the trading setup for today’s session

Indian markets closed flat on Wednesday after posting gains after a strong start to the session. Attention will focus on the first US unemployment benefits figures released today. Analysts expect markets to remain within a range in the near term, monitoring global signals and second-quarter earnings announcements. STATE OF THE MARKETSGIFT Nifty (earlier SGX Nifty) […]