“Our year-end Nifty50 target is 24000, which means we are looking at a high single-digit return this year from the index,” says Nishit Master, Portfolio Manager, Axis Securities PMS. In an interview with ETMarkets, Master said: “If investors sense that we might witness policy uncertainty post-elections, this bull rally can derail”. Edited excerpts:Sensex@75K, Nifty@22K – … Read more
With Mumbai scheduled to vote on May 20 for the Lok Sabha elections, stock exchanges BSE and NSE are likely to declare it a holiday as was seen during the 2014 and 2019 poll. Local governments declare a holiday in voting days under the Negotiable Instruments Act 1881. However, there is no official confirmation of … Read more
Stock market returns are typically lumpy as prices do not move in a straight line but at least seven smallcap stocks have given double-digit returns in each of the last 5 months. Over the past five months, the benchmark index Sensex has witnessed an impressive surge of more than 12%, setting the stage for robust … Read more
Mumbai: The sizzling rally in shares of Bombay Stock Exchange has catapulted it to becoming the best- performing listed bourse in the world in the past year. Continued surge in trading volumes and signs of its equity derivatives segment picking up have driven shares of Asia’s oldest stock exchange by over 400% from the same … Read more
ETMarkets was awarded for excellence in financial markets coverage on Friday at the ANMI 13th International Convention. The renowned financial news platform was recognised for delivering comprehensive coverage of financial markets and insightful analysis. Anmi or Association of National Exchanges Members of India is a pan India body of trading members across NSE, BSE and … Read more
Indian stock exchanges BSE and NSE recorded the launch of as many as 92 initial public offerings (IPOs) in the quarter ended December, which catapulted them as global leaders in the primary market category in 2023. Of the 92 IPOs, 31 were main-board while the remaining 61 were from the small and medium enterprises (SMEs), … Read more
It’s worth pondering why stock prices fluctuate daily despite companies announcing their financial results quarterly. Alongside corporate announcements, macroeconomic factors and indicators significantly influence stock markets. Let’s delve into their role. Which major indicators affect the stock market?Monetary Policy Monetary policy, managed by a country’s Central Bank, balances economic growth and inflation by adjusting interest … Read more
Traders must be cautious while being aggressively bullish on the market this week after the recent swings, said technical analysts. NTPC, Tata Power, TCS, Infosys, Dr Reddy’s, Maruti, Siemens, AB Capital, Exide, Coal India, and BSE could continue to witness strong buying interest, according to technical analysts. SUDEEP SHAH HEAD – TECHNICAL AND DERIVATIVE RESEARCH, … Read more
Mumbai: India’s benchmark indices shed about 1% on Tuesday, partly reversing the previous day’s gains, as traders cut bets ahead of the US Federal Reserve’s two-day policy meeting on January 30 and 31. Analysts said the mood is relatively cautious with the government set to announce its interim budget on February 1. The BSE Sensex … Read more
India’s abrupt move to suspend equities and currency trading gave global investors a reminder of how the Wall Street-favored market can still act more like a frontier economy. To celebrate the opening of a major Hindu temple, bourses said late Friday that the nation’s $4.3 trillion stock market would be closed Monday and instead trade … Read more
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