The Indian stock market indices, Sensex and Nifty 50, have experienced a nearly 2 percent correction from their record high levels. This dip comes amid profit booking and concerns over high valuations. While the Union Budget 2024 had a mixed overall impact, the market is expected to move beyond the […]
fixed income
The brokerage noted that even though the incumbent party failed to cross the majority mark on its own in its third term, it still retained its spot of being the largest party with the highest vote – subduing the fear regarding meaningful deviation from the stated policies. MOSL continues to […]
In a recent note, Axis Securities sees equities starting off on a positive note but anticipates a volatile path ahead, with macroeconomic factors continuing to dominate the stage. The brokerage firm underscores that while the initial momentum is promising, ongoing global uncertainties and domestic economic conditions could introduce fluctuations. To […]
Today’s surge, particularly noteworthy, saw indices climbing by nearly 2 percent. This remarkable rebound coincided with the Reserve Bank of India’s optimistic revision of the FY25 GDP growth forecast to 7.2 percent, up from the previous 7 percent projection. Furthermore, the central bank maintained a steady course by leaving the […]
The Indian market has been exceptionally volatile in the month of May. After falling over 3 percent in the first half, it rebounded a bit and is now down around 0.4 percent this month. The volatility has been attributed to some concerns surrounding the election results as well as the […]