Indian benchmark equity indices Nifty and Sensex ended flat in a highly volatile session on Friday, while global markets advanced after Federal Reserve Chair Jerome Powell stated that “the time has come” to reduce interest rates. Speaking at the economic symposium at Jackson Hole, U.S., Powell explicitly endorsed an imminent policy easing, noting that further …
Will Nifty cross 25,000 this week? Fed meeting & 5 other factors to watch out forDriven by positive US GDP data, expectations of improved global demand and unflinching faith of domestic investors, the stock market has recovered all its post-Budget losses to leave many market veterans surprised. Given Friday’s momentum, Sensex looks poised to break …
Budget 2024: Following the Budget 2024 presentation on Tuesday, July 23, the Indian market closed slightly negative, marking a movement of less than one percent for the third consecutive budget day session. The day saw significant volatility as investors reacted to the budget announcements, particularly the changes in capital gains tax. The market was evidently …
Indian benchmark equity indices closed marginally lower on Monday, dragged down by Reliance Industries and Wipro after the companies posted weaker-than-expected quarterly results, with volatility rising a day ahead of the budget.The NSE Nifty 50 fell 0.09% to 24,509, while the S&P BSE Sensex shed 0.13% to 80,502. Here’s how analysts the market pulse:“Nifty is …
Stock Market News: The market-leading Tata Consultancy Services’ earnings indicated early indications of recovery in the industry, and on Friday, IT stocks joined an over-month-long record-breaking surge that sent the domestic benchmark indexes, the Sensex and Nifty 50, to record closing highs. The Sensex gained 0.78% to close Friday’s session at 80,519.34, while the Nifty …
Indian benchmark equity indices declined on Wednesday, weighed by banks on worries of moderation in their earnings and by Mahindra and Mahindra after it slashed prices of some cars.The benchmark NSE Nifty 50 fell 0.45% to 24,324 points, while the S&P BSE Sensex settled 0.53% lower at 79,924. Both the indices opened at record highs …
4 min read Last Updated : Jul 09 2024 | 9:13 AM IST Shares of automobile companies, mainly hybrid car makers like Maruti Suzuki in India, are likely to be in focus on Tuesday July 09 following the registration fee waiver by the UP (Uttar Pradesh) state government. According to automobile industry sources, …
Stock Market News: Although the domestic benchmark indices, Sensex and the Nifty 50, ended the Friday session in the red after rallying for four days, but they ended the month with their biggest gain in 2024 thanks to the return of foreign capital and the return of Prime Minister Narendra Modi to the fold. Nifty …
After a strong 2023, foreign portfolio investor (FPI) inflows into Indian equities were relatively modest in the first half of 2024, amounting to ₹3,201 crore. This follows a substantial inflow of over ₹17,000 crore in the previous year. Despite the market’s bullish trend and multiple new highs, FPIs remained cautious due to uncertainty surrounding the …
Nifty on Thursday formed a Doji candle on daily chart, which indicates indecisiveness prevailing in the marketplace at current juncture. The short-term trend of Nifty continues to be positive amid high volatility. Having moved above the hurdle of 22,250 level (mid-part of Tuesday’s long bear candle) recently, Nifty could move towards the next upper hurdle …