The Indian equity market exhibited volatility over the past week, ultimately closing marginally lower amid mixed signals. After a subdued start, the Nifty 50 index remained range-bound for most of the week, showing signs of fatigue. Selective buying in key heavyweights across sectors kept the sentiment positive. In the first […]
nifty 50 outlook
Indian stock market: With the Nifty 50 surpassing the 25,000 mark for the first time, hitting a fresh all-time high of 25,078.30 in morning trade on Thursday, August 1, the benchmark index has gained about 15 per cent this year so far. Experts say this rally is not showing signs […]
Stock Market News: Wednesday’s session saw a little increase in the domestic benchmark indices, the Sensex and the Nifty 50, due to Maruti Suzuki India’s impressive start ahead of its quarterly releases. Analysts predict that as long as the benchmark indices are around all-time highs, profit booking will persist. As […]
Stock Market News: Though gains were restrained by a weakness in heavyweight financials, the domesticbenchmark indices, the Sensex and the Nifty 50, saw a little increase on Friday as investors bought into the drop following losses in the previous few days. As of 9:41 IST, the Sensex gained 0.4% to […]
Despite a sharp sell-off seen across sectors on Friday as investors became cautious ahead of the Union Budget (2024-2025), Indian markets managed to end this week on a positive note, marking their seventh consecutive week of gains. The Nifty 50 closed today’s session down by 1.10% at 24,530 points, although […]
The Indian stock market has been on a record-breaking spree in July, driven by optimism about a growth-oriented Union Budget, expectations of healthy April-June quarter earnings for fiscal 2024-25 (Q1FY25) by Indian corporates, and the steady progress of the monsoon. In the previous session, the 30-share benchmark hit its fresh […]
In July, the Indian stock market benchmark Nifty 50 has been breaking records, fueled by optimism surrounding the growth-oriented Union Budget 2024 and expectations of strong earnings from India Inc. for the June quarter (QFY25). A pro-growth Budget and better-than-expected earnings of Nifty 50 companies will boost the market, making […]
Indian stock market seems to be at relatively normal valuations at the Nifty level, said Deepak Shenoy, Founder and CEO of Capitalmind. In an interview with Livemint, Shenoy said he continues to invest in India’s domestic manufacturing industry, energy sector and in local consumption. Here are edited excerpts. Q. As […]
In recent sessions, the Indian market struggled to sustain its bull run until TCS’s results provided a much-needed catalyst, setting a positive tone for the earnings season. Additionally, expectations of a Fed rate cut have further fueled the rally. The healthy numbers by the TCS for the June ending quarter […]
Indian stock market continued its record bull run picked up since June-end led by return of foreign inflows, albeit few phases of consolidation with the new earnings season. Bulls have tightened their grip on D-Street after a spectacular month-opening ahead of the Union Budget 2024 scheduled for later this month. […]