Fri, Dec 20, 2024
Global cues rattle markets as Sensex sinks 1,200 points, Nifty slips below 23,600; IT gains on Accenture boost, but realty, financials drag indices down amid Fed rate cut uncertainty.
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Zomato's entry into the BSE Sensex on December 23 replaces JSW Steel. With a market cap of Rs 2.75 lakh crore, Zomato has eclipsed Tata Motors and Bajaj Auto.
Sensex slips while oil & gas stocks shine; IPO subscriptions show mixed trends.
Tue, Nov 19, 2024
Nifty 50 could slide to 23,200 amid bearish sentiment; resistance pegged at 23,700
Mon, Nov 18, 2024
Nifty posts longest losing streak since Feb 2023; IT, energy stocks drag markets lower.
Equity markets continue their downward trend for the seventh consecutive day. The Sensex has fallen by over 200 points, while the Nifty is hovering around 23,475. Market participants are closely monitoring global cues and domestic factors influencing the ongoing decline in stock indices.
Auto, metal stocks help Nifty, Sensex trim early losses; IT, energy lag amid weak earnings outlook
The Nifty is expected to open cautiously amid ongoing developments in the Maharashtra state elections and the release of corporate earnings reports. Market participants are closely monitoring political outcomes and earnings performance for further cues. Traders are anticipating volatility in the lead-up to these key events.
Despite some favourables like the oil's downward trajectory, Indian equtiies are set to enter the bear phase with the correction inching higher.
Flat to negative opening expected for Nifty50; Hero MotoCorp, Grasim, and Nazara Tech earnings in focus. Markets shut on Wednesday for Maharashtra polls.
Fri, Nov 15, 2024
Nifty enters corrective phase as global cues, FII sell-off continue; key levels to watch next week
After weak Q2 earnings, JM Financial reports a sharp cut of over 10 per cent in EPS as well as target price for small and midcaps.
Thu, Nov 14, 2024
Indian indices continued to underperform the global indices. Continuing their losing streak for the sixth session in a row, indices ended lower marginally in Thursday's session.
Market sentiment remained subdued amid weak performance in the FMCG and power sectors, while media and realty stocks showed resilience.
Benchmark indices fall over 4% in six sessions; rupee hits record low at 84.40 against USD as FPIs continue to sell.
The Indian stock exchanges, including the NSE and BSE, will be closed on Friday, November 15, in honour of Guru Nanak Jayanti.
Even as the FII exodus continues to hit sentiment, Indian equities snapped a five-session long weakness and traded higher.
GIFT Nifty futures, an early indicator of the 50-share index, were down 30 points or 0.13%
Wed, Nov 13, 2024
Here is the list of over a dozen stocks along with their targets:
Fifth consecutive day of losses sees indices tumble; broader markets shed 3%, and metal stocks hit hard.
Benchmark indices Nifty and Sensex extended their losses for the fifth day in a row on November 13, with Nifty slipping over 180 points and Sensex down by nearly 500 points amid broad-based sell-offs.
Indian equiites on Wednesday retreated lower for the fifth session in a row as relentless FII sell-off weighs.
Tue, Nov 12, 2024
The broader market reflected mixed trends. While mid-cap and small-cap indices remained relatively stable, key blue-chip stocks struggled, dragging the overall market lower.
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