Fri, Nov 22, 2024
Despite the recent pullback amid the Adani saga, Indian equities ended higher as valuations turn favourable in the largecaps.
More >
Markets stage strong recovery after previous session's slump
Goldman Sachs forecasts Nifty targets of 24,000 in 3 months and 27,000 in 12 months, with a cautious stance on Indian equities.
Tue, Nov 12, 2024
Indian benchmark indices opened higher on Tuesday but quickly reversed gains as bank and auto stocks came under pressure, following three straight sessions of losses due to weak earnings and persistent foreign outflows.
The Sensex and Nifty are expected to open higher today, with GIFT Nifty futures showing positive movement. Here's the latest market update.
Last seen, the counter was trading at Rs 44.81 on the BSE. The stock of the company, which has a market cap of Rs 2,243.95 crore, has a 52-week high of Rs 84 and a 52-week high of Rs 39.16.
Even as the Asian markets traded weak amid focus on China stimulus and key macrodata from the US, Indian indices snapped a 3-day weakness.
Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi shares his strategy for today's session on Dalal Street. Learn more about his take on key support and resistance levels for the Nifty and the Nifty Bank, and how he views the market.
At around 7:45 am, GIFT Nifty futures, an early indicator of the 50-share index, were up 15.20 points or 0.06 per cent.
Mon, Nov 11, 2024
Nifty 50 opened today's trade session 2,190.1 points below its record high of 26,277.35.
Sensex, Nifty rebound led by IT and auto stocks; broader markets underperform
As valuations turn favourable after a steep cut down, there is seen a better show with a potential bounce on the indexes and amid such an anticipation Jefferies suggests 14 stocks on its buy list.
As the key IIP and CPI print remain in focus, Indian equities continued to trade lower on Monday.
Indian markets struggled to find footing on Friday, dragged down by continued FII selling and a mixed global outlook. GIFT Nifty indicates a weak opening on Monday, suggesting further caution among investors. Key support and resistance levels for Nifty will be critical as earnings season wraps up.
Fri, Nov 08, 2024
The Sensex shed over one hundred points, trading at 79,210.41, down by 0.34 per cent, while the Nifty fell below the crucial 24,150 mark, declining 0.46 per cent to 24,098.
Indian equity benchmarks Nifty and Sensex slipped into the red on November 8, marking their second consecutive session of losses. This downturn comes despite supportive global cues, including the U.S. Federal Reserve's second straight interest rate cut.
Analysts attribute the rupee's decline to capital outflows, which added pressure on the currency as investors moved funds to perceived safer assets abroad.
Sensex falls over 300 pts; Nifty below 24,150
GIFT Nifty futures, an early indicator of the 50-share index, were down 9.50 points or 0.04 per cent at 24,291.
Thu, Nov 07, 2024
Sensex, Nifty slide as global headwinds loom; IT, financials take a hit
The anticipated Fed decision has heightened uncertainty around interest rate movements, adding pressure to the Indian market.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.