Sun, Nov 24, 2024
Global factors and FII activity will dictate trends in domestic equity markets this week while assembly poll results of Maharashtra and Jharkhand may impact stocks on Monday, say analysts.
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Fri, Nov 08, 2024
Analysts attribute the rupee's decline to capital outflows, which added pressure on the currency as investors moved funds to perceived safer assets abroad.
Fri, Oct 25, 2024
Indian benchmark indices fell sharply on Friday, with the Sensex down 684 points at 79,380.81 and the Nifty slipping 253 points to 24,145.
Wed, Dec 15, 2021
Selling pressure in the Indian markets continued for the third straight session on Wednesday as Sensex dipped over 300 points and Nifty50 fell below 17250-mark, dragged by Metal and IT stocks.
Looking for top stocks and sectors to buy? In chat with Zee Business market expert Siddharth Sedani has suggested 4 stocks from chemical theme, where investors can expect significant returns on investment.
Indian benchmarks were trading with modest losses in the noon deals of Wednesday, December 15, 2021. At 12:53 pm, the S&P BSE Sensex was trading at a loss of 355.04 points or 0.61 per cent at 57,762.05.
Bajaj Consumer Care has fallen by over 5 per cent so far in 2021 compared to 24 per cent upside seen in the Nifty50 in the same period but the recent price action on daily charts suggests that there could be a reversal on the cards.
Global brokerage firms such as Morgan Stanley, CLSA, Jefferies, JPMorgan and UBS maintained their ratings on ITC post the analysts meet as the event turned out to be a non-event but focus on value unlocking in near future is a positive sign.
The Indian markets started off Wednesday on a flat note. Headline indices Nifty50 and S&P BSE Sensex opened at 17,323.65 and 58,122.00, respectively.
Indian market closed in the red for the third consecutive day in a row on Tuesday tracking muted global cues. The S&P BSE Sensex fell more than 160 points, while the Nifty50 closed above 17300 levels.
Amid negative global markets, foreign institutional investors (FIIs), positive domestic institutional investors (DIIs), future & options (F&O) and cautious sentiment cues, the short-term trend of the Indian stock markets will be negative on Wednesday.
The Indian markets closed negative for the second day consecutive day amid omicron virus scare and weak global cues. Headline indices Nifty50 and the Sensex ended 0.25% and 0.29% lower in Tuesday's closing.
The equity benchmarks on Tuesday, December 14, 2021, closed with marginal custs. Both stocks, Nifty & Sensex, fell amid negative cues from the global equity markets. The BSE S&P Sensex fell 166 points, or 0.29%, to trade at 58,117.
For the second straight session, the Indian market concluded Tuesday’s sessions on a negative note, as Sensex fell by 166 points, Nifty50 settled below 17350-mark, dragged by FMCG and financials.
Tue, Dec 14, 2021
Amid high volatility, the Indian markets staged a recovery from day’s low level, eventually closing with minor cuts during Tuesday’s session. Dragged by the auto, financial and FMCG stocks, the Sensex was down over 166 points and the Nifty50 settled below the 17350-level at the market close.
Indian benchmarks erased some parts of the early morning losses were trading at losses in the early noon deals on Tuesday. At 12:21 pm, the S&P BSE Sensex was trading at a loss of 128.19 points or 0.22 per cent at 58,155.23.
Metal stocks have gone through some profit taking after the recent rally but the technical pattern suggests that momentum could favour Hindalco, and Jindal Stainless that have already rallied 90 per cent, and 140 per cent respectively so far in 2021.
The markets are likely to remain volatile on Tuesday tracking weak global cues, but there will be stock-specific action in which global brokerage firms tweaked their rating.
The Indian markets opened in the red on Tuesday amid higher retail inflation data and weak global cues coupled with Omicron virus scare, which has been making the markets across the world jittery.
Amid negative global markets, foreign institutional investors (FIIs), positive domestic institutional investors (DIIs), future & options (F&O) and cautious sentiment cues, the short-term trend of the Indian stock markets will be negative on Monday, December 13, 2021.
Indian market closed in the red for the second consecutive day in a row. The S&P BSE Sensex fell over 500 points while the Nifty50 closed below 17400 levels.
The Indian markets ended lower on Monday after starting the day on a strong note amid rising Omicron cases. Headline indices Nifty and the Sensex were pulled down by financial and FMCG shares.
The stock markets on Monday, December 13, 2021, fell more than half a per cent. Both stocks declined amid mixed cues from the global equity markets. The BSE Sensex declined 503 points, or 0.86 per cent to trade at 58,283.
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