Domestic markets continued their ongoing streak of making new highs on Wednesday, supported by firm global trends. Benchmark Nifty crossed the 24300 mark, while Sensex breached the historic 80,000 mark. “We expect this ongoing momentum to continue in the near term. Indian Equities today would react to the release of US Fed meeting minutes and … Read more
With the Sensex and Nifty 50 trading at highs, concerns about an impending stock market crash or significant decline are natural. This fear intensifies considering the substantial rise in midcap and smallcap stocks over recent years. The stock market operates based on collective investor sentiment. Positive news boosts stock prices, while negative sentiment drags them … Read more
Synopsis Every now and then the nifty keeps witnessing volatile movement, the difference this week was amidst all the intraday volatility because the bias of volatility has changed, nifty was able to touch a new high. Also because market breadth was positive, the trend for the majority would be bullish. Given the fact that macros … Read more
Mumbai: The Nifty and Sensex extended their winning streak to a second day of fresh all-time highs on Wednesday, led by investor appetite for bluechips such as Reliance Industries and Bharti Airtel. Market experts are bullish in their sentiment and see the Nifty crossing 24,000 levels in the near term. NSE’s Nifty rose 147.5 points, … Read more
Equity benchmarks closed higher on Monday recovering from early lows even amid a bearish trend in global equity markets. The 30-share Sensex ended 131 points higher at 77,341 and the Nifty rose 36 points to settle at 23,537. Stocks that were in focus include names like Raymond, which rose 3.6%, JK Paper, which gained 4.3%, … Read more
Despite Indian benchmark indices Nifty50 and Sensex gaining over 4% in June, Foreign Portfolio Investors (FPIs) have remained unenthusiastic, offloading Indian equities worth Rs 3,064 crore so far this month. In 2024 year-to-date, FPIs have sold stocks worth Rs 26,428 crore. This trend continued from May and April, when FPIs sold shares worth Rs 34,257 … Read more
By kicking off his third term with Kisan Nidhi scheme and Pradhan Mantri Awas Yojana (PMAY), Prime Minister Narendra Modi has left stock market investors debating over whether the much sought-after winners of Modi 2.0 will continue to dominate Dalal Street. All Union Ministries have been asked to finalise their 100-day plans. The first 100 … Read more
Bulls returned to Dalal Street with full force on Friday, as the Sensex closed over 1,600 points higher, reaching a new all-time high, while the Nifty 50 advanced over 468 points. Both indices successfully erased all losses from June 4. Nifty50 closed 2.05% or 468.75 points higher on Friday at 23,290 while the 30-component BSE … Read more
With FIIs having already withdrawn around Rs 15,000 crore in the last four days from India amid election related uncertainties, Dalal Street is worried if a lower-than-expected mandate to Prime Minister Narendra Modi will accelerate the pace of outflow in the coming days. As a part of funds are moving towards China and out of … Read more
Foreign institutional investors (FIIs) continued their selling spree on Thursday, offloading Indian equities worth Rs 6,867.72 crore even as domestic buyers remained net buyers at Rs 3,718.38 crore. Notwithstanding the sell-off by foreign investors, Indian headline indices on Thursday ended in the green for the second day in a row aided by strong gains in … Read more
