At first glance, the global financial landscape is undergoing a significant shift, with FIIs increasingly diluting their share in Indian stocks and turning their attention towards the Chinese market. This trend, often referred to as the ‘Buy China – Sell India’ trade, is not a distant possibility for FIIs. The primary reason behind this shift is the perceived greener pastures ...
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Indian Shares Poised for Higher Opening as Key Earnings Reports Awaited
Indian stock markets are expected to open slightly higher on Monday, with investor attention focused on earnings reports from major players like HDFC Bank, Kotak Mahindra Bank, and Tech Mahindra. As of 07:14 a.m. IST, the Gift Nifty stood at 24,927.5, indicating that the NSE Nifty 50 index may open marginally above its last close of 24,854.05 on Friday. Both ...
Read More »Sensex Falls 318 Points as Auto, IT, and PSU Bank Stocks Drag Market
Indian equity markets closed lower on Wednesday, with the BSE Sensex dropping 318.76 points, or 0.39%, to settle at 81,501.36, as pressure on auto, IT, and PSU banking stocks outweighed gains in other sectors. The broader NSE Nifty also slipped, ending the session at 24,971.30, down 86.05 points, or 0.34%. Midcap and smallcap stocks displayed mixed performance. The Nifty Midcap ...
Read More »Sensex Up 591 Points as Realty and Banking Stocks Lead the Surge
Indian equity markets began the week on a strong note, with key indices closing in the green on Monday, driven by robust buying in realty, banking, and IT stocks. The BSE Sensex surged 591.69 points, or 0.73%, to close at 81,973.05, while the NSE Nifty rose by 163.70 points, or 0.66%, ending at 25,127.95. Midcap and smallcap indices also gained, ...
Read More »Sensex Drops 230 Points as Auto and Finance Stocks Weigh on Markets
Indian equity markets closed lower on Friday, with the Sensex falling by 230 points, or 0.28%, to 81,381, and the Nifty slipping by 34 points, or 0.14%, to 24,964. The decline was primarily driven by a sell-off in financial and auto stocks, alongside weakness in shares of Tata Consultancy Services (TCS). The banking sector bore the brunt of the downturn, ...
Read More »Indian Stock Market Boom Fuels Demat Account Surge to Reach 175 Million in September
The Indian financial market has been witnessing a significant surge in the number of demat accounts, according to a recent report by Motilal Oswal Financial Services. The total number of these accounts reached 175 million in September, up from 171 million in August. This increase is a testament to the robust performance of the Indian stock market, which continues to ...
Read More »Indian stocks open lower today following weak signals from US markets
The Indian stock market started the day on a subdued note, reacting to weak signals from the U.S. markets. Major banking stocks were hit hard, pulling down indices, though select sectors like technology showed resilience and gained traction in the face of a broader decline. By mid-morning, the Sensex was down 142 points, or 0.17%, at 81,469, while the Nifty ...
Read More »Sensex Opens Positive, Gains 256 Points; Experts Cite Middle-East Tensions
India’s equity markets opened higher on Tuesday, buoyed by strong performances in banking stocks and gains in UltraTech Cement, NTPC, and L&T among others on the BSE benchmark index. By 9:59 a.m., the Sensex had risen by 258 points or 0.32% to 81,308, while the Nifty climbed 58.20 points or 0.23% to 24,853. Leading the charge in the Sensex were ...
Read More »Indian Stock Market Next Week: RBI MPC Decision, Q2 Earnings, and Mid-East Crisis in Focus
The Indian stock market is on the cusp of a critical week, with the upcoming RBI Monetary Policy Committee (MPC) meeting, second-quarter (Q2) corporate earnings, and industrial production (IIP) data expected to shape market trends. Investors are bracing for potential volatility as these key indicators, combined with global market dynamics and geopolitical tensions, will provide insights into the health of ...
Read More »Gloom All Over Markets, Sensex Down 589 Points; Middle East Conflict Rattles Globe
The escalating conflict in the Middle East, particularly between Iran and Israel, has sent shockwaves through global markets, with India feeling the tremors. The Nifty 50 index and the S&P BSE Sensex, key indicators of the Indian stock market, have both seen a decline of over 1%. At 9.38 a.m., Sensex was down 589 points or 0.69 per cent at ...
Read More »India’s IPO Boom: 15 Companies File Draft Papers in Single Day As Hungry Retail Investors Queue Up
In a sign of India’s booming equity markets, 15 companies submitted their initial public offering (IPO) draft documents to the Securities and Exchange Board of India (SEBI) on the last day of September. This brings the total number of IPO filings for the month to 41, marking the highest-ever filings in a single month. Market analysts attribute the surge in ...
Read More »SEBI Announces New Curbs on F&O Trading, Derivatives to Benefit
The Securities and Exchange Board of India (SEBI) has announced a series of new measures aimed at curbing speculative trading in the futures and options (F&O) segment, after data revealed that nine out of ten participants have consistently lost money over the past three years. As part of the new regulations, SEBI has increased the minimum contract size in index ...
Read More »Ola Electric’s EV Market Share Drops 27% to ₹100 Amid Mounting Challenges
Ola Electric, led by Bhavish Aggarwal, continues to witness a decline in its market share within the Indian electric vehicle (EV) sector. In September, the company’s share dropped further to 27%, impacted by intensifying competition and issues surrounding its service centers. According to data from the government transportation portal Vahan, Ola Electric sold 24,665 e-scooters in September, a decline from ...
Read More »Sensex and Nifty Down But Surge In Midcaps and Smallcaps Push Market Sentiment
The Indian equity market recently closed with marginal losses, primarily due to the impact of heavyweight shares such as Reliance Industries and HDFC Bank. The Sensex, a benchmark index of the Bombay Stock Exchange (BSE), closed 33 points lower at 84,266. Concurrently, the Nifty, the National Stock Exchange’s key index, was down by 13 points, closing at 25,796. Despite the marginal losses in the ...
Read More »Sensex down by 300 points, Israel’s return attack fears grip markets
BSE Sensex is down by more than 300 points on Tuesday after a plunge of 845 points on Monday, continuing the declining trend amid concerns about general elections, geopolitical factors, and uncertainty in the markets. Sensex is trading at 73,040 points, down by 358 points. Sensex is on the verge of falling below the 73K mark if the weakness persists. IT ...
Read More »Sensex, Nifty tank lower, midcaps see sharper decline
The Nifty hit a new low, marking its lowest point in over a month, as it closed down by 1.08 percent or 238.3 points at 21,817.5 on Tuesday. Trading volumes in the NSE cash market were modest at Rs. 0.83 lakh crore. Despite the negative advance-decline ratio at 0.36:1, the midcap index experienced a sharper decline compared to the Nifty. ...
Read More »Sensex plunges by over 1,000 points, heavy sell-off in IT, banking shares
Equities market was falling sharply on Friday during the afternoon trade due to heavy sell-off in IT, PSU Banks, Auto stocks following weak Asian markets on concerns of global recession, dealers said. At 2.10 p.m., Sensex was down 1050.03 points or 1.75 per cent at 58,883.98, and Nifty was trading 326.56 points or 1.83 per cent lower at 17,550.85. Mahindra ...
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