Indian stock market opened at record high on Thursday led by strong buying across the board amid positive global market cues. The benchmark indices, Sensex surged over 500 points to trade above 77,100 level, while the Nifty 50 rallied more than half a percent to around 23,480. Broader markets supported […]
Indian stock market
The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 23,460 level, a premium of nearly 100 points from the Nifty futures’ previous close. On Wednesday, the domestic equity market ended higher, with the benchmark Nifty 50 closing above […]
The US Federal Reserve is poised to announce its key policy decision later today, with significant anticipation surrounding the central bank’s timing for potential interest rate cuts for the remainder of the year. In today’s decision, there is a near consensus that the Jerome Powell-led FOMC will maintain the interest […]
The excitement is palpable as BSE-listed companies surge, adding ₹2 trillion in market capitalization today, propelling the total to a record ₹429 trillion. “Most ministers retaining their portfolios signals policy continuity,” remarked Manish Sonthalia, CIO, Emkay Investment Managers. This suggests that pending tasks from the second term will be addressed […]
Futures for major U.S. indexes, which were each up a modest 0.1% before the report was released, shot up after the report was made public. Futures for the Dow Jones Industrial Average and the S&P 500 each climbed 0.7% less than an hour before markets opened. Treasury yields fell, with […]
Edited excerpts: What is your outlook for the market in the short term? Is the Indian stock market at a fair valuation? Markets recovered the losses of June 4th, with the Nifty 50 index closing above 23,300 on June 12. It remained volatile due to the election results. Eventually, the […]
Indian stock market rallied on Wednesday, with the benchmark Sensex surpassing 77,000-mark and the Nifty 50 index hitting record high above 23,440 level. Broader markets outperformed, as the Nifty Smallcap 100 and the Nifty Midcap 100 index were trading over a percent higher each. Barring Nifty Realty and Nifty FMCG, […]
Asian markets traded mixed, while the US stock market ended mostly higher with the S&P 500 and Nasdaq settling at record closing highs. Markets have dialed back expectations for the Fed’s first rate cut happening in September, now pricing in about a 50% chance, according to the CME’s FedWatch tool, […]
The Indian equity market, a key player in the global financial landscape, experienced a significant shift in the wake of the Lok Sabha elections. Nifty and Sensex indices made substantial gains, surging over 6 per cent since the close on election results day, June 4. In 2024, Nifty saw a […]
On Monday, both headline indices—Nifty 50 and Sensex—hit record highs during the day at 23,411.90 and 77,079.04 points, respectively. “The record market highs indicate the markets’ confidence in the ongoing economic reforms and policy stability,” said Soumya Rajan, founder and CEO, Waterfield Advisors. Reduced majority Even with the BJP’s reduced […]