Is the stock market open on Good Friday today?

Is the stock market open on Good Friday today?

Equity markets will remain closed on Friday on account of Good Friday, according to the market holiday calendar of BSE. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will be closed today. The Multi-Commodity Exchange (MCX) will also be closed for both morning and afternoon sessions. Equity markets will remain … Read more

fpis: FPIs infuse over Rs 38,000 cr in equities in March so far amid strong domestic economic outlook

fpis: FPIs infuse over Rs 38,000 cr in equities in March so far amid strong domestic economic outlook

FPIs have shown a significant resurgence in their investment activity within the Indian equity markets this month, injecting over Rs 38,000 crore, mainly driven by favourable shifts in the global economic scenario and strong domestic macroeconomic outlook. The investment came following a modest investment of Rs 1,539 crore in February and a massive outflow of … Read more

FPIs net buyers of Indian equities at Rs 40,710 crore so far in March

FPIs net buyers of Indian equities at Rs 40,710 crore so far in March

Buying activity from the foreign portfolio investors (FPI) returned in March with equity purchases worth Rs 40,710 crore taking place as on March 15. This comes after a lackluster first two months where FPIs bought shares worth Rs 1,539 crore while remaining net sellers in January at 25,744 crore. With this WPIs are net buyers … Read more

Billions of FII dollars may chase Indian stocks in election season. Here’s why

Billions of FII dollars may chase Indian stocks in election season. Here’s why

There’s something about foreign institutional investors (FIIs) and election season. In all the last 5 election years, FII flows have been positive in the election quarter and, on an average, have improved in the next 3 months after the uncertainty eases. The impact of this seasonal trend can be already felt on Dalal Street this … Read more

smallcap stocks: Consistent winners! 7 smallcap stocks that have consistently performed in last 5 months

smallcap stocks: Consistent winners! 7 smallcap stocks that have consistently performed in last 5 months

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

gold price outlook: Fed decisions to set short-term direction for gold prices

gold price outlook: Fed decisions to set short-term direction for gold prices

Gold prices in the international and domestic markets suffered losses in the first two months of 2024. A strong US dollar, expectations of further delay in US Fed rate cuts, and a rally in global equities affected the sentiment surrounding the metal. The US Dollar has gained almost 3% since the start of January. Firm … Read more

EPS: EPS downgrades exceed upgrades in 3 months

EPS: EPS downgrades exceed upgrades in 3 months

Mumbai: The earnings upgrade-to-downgrade ratio has weakened over the past three months, with 251 companies in the Nifty 500 universe experiencing downgrades for FY24, compared with 152 upgrades, Bloomberg data showed. Among the Nifty 50 companies, 30 experienced downgrades, while 19 underwent upgrades in this period. A Bloomberg earnings upgrade or downgrade is the consensus … Read more

FIIs turn net buyers last week, pouring in Rs 4,300 crore; is it comeback time?

FIIs turn net buyers last week, pouring in Rs 4,300 crore; is it comeback time?

Foreign institutional investors turned net buyers of equities in the week ended February 23, and the strong inflows drove benchmark indices to record highs. Foreign portfolio investors net bought Indian equities worth Rs 4,398 crore last week, according to NSDL data. This is against them selling shares worth over 2,500 crore in the preceding week. … Read more

Private bank stocks showing recovery signs with long build-up, delivery buying: Anand James

Private bank stocks showing recovery signs with long build-up, delivery buying: Anand James

Private largecap bank stocks like HDFC Bank, ICICI Bank, Axis Bank, and IndusInd Bank, which together form around 60% of Bank Nifty, saw Long buildup or shorts being covered on a week-on-week basis, says Anand James, Chief Market Strategist, Geojit Financial Services. “Delivery buying has started to pick up this week in the case of … Read more

FPIs cautious on equities; take out Rs 3,776 cr in Feb so far on spike in US bond yields

FPIs cautious on equities; take out Rs 3,776 cr in Feb so far on spike in US bond yields

Foreign investors adopted a cautious approach offloading Indian equities worth close to Rs 3,776 crore so far this month owing to a spike in the US bond yields and uncertainty over the interest rate environment in the domestic as well as the global front. In contrast, they are bullish on the debt market and injected … Read more