Stock market today: A day after experiencing their biggest percentage-term losses in about four years, the Indian stock market benchmarks – the Sensex and the Nifty 50- staged a remarkable comeback on Wednesday, June 5, as investors absorbed the Lok Sabha election results and shifted their focus to fundamentals and […]
Indian stock market
Reconsidering its earlier portfolio in light of the unexpected election results, brokerage house Prabhudas Lilladher believes portfolio allocations and future policies of NDA government will be a key determinant of market movements. Severe jolt to BJP in Uttar Pradesh (new PDA social engineering), Maharashtra (fractured parties) and West Bengal will […]
Investors were rattled after the Bharatiya Janata Party (BJP) failed to cross the halfway mark in the lower house of the Parliament and secure a clear majority. However, the BJP-led National Democratic Alliance (NDA) managed only a slim majority to form the government at the Centre. Asian markets traded mixed, […]
Zomato, Paytm, Nykaa, Delhivery, among other new-age tech stocks plunged up to 10% on Tuesday amid overall stock market meltdown. Dalal Street witnessed a bloodbath as the Sensex and Nifty 50 crashed 8% each after the trends in election results 2024 indicates a slim majority for the ruling NDA, falling […]
Adani Group stocks crashed sharply on Tuesday after most of the group stocks hit 52-week highs in the previous session following the overall weak sentiment of the Indian markets after early trends showed that the election result could be tighter than exit polls had predicted. The decline in Adani Group […]
The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,570 level, a premium of nearly 160 points from the Nifty futures’ previous close. The counting of votes for the Lok Sabha Elections 2024 will begin soon with Prime […]
Indian stock market: On June 3, Sensex and Nifty 50 experienced notable gains not witnessed since January 2021. Investors displayed widespread buying activity across various sectors, departing from the cautious trading seen in the previous month. This surge in market momentum followed exit polls suggesting that the Lok Sabha election […]
The BJP campaign slogan ‘abki baar char sau paar’ had a halo effect on the stock market. The target of 400 seats was set as a psychological extension of the NDA’s massive 2/3rd majority in 2019 (352 NDA seats). Furthermore, the government’s enhanced leadership and performance during the COVID period […]
Foreign portfolio investors (FPIs) have continued to divest from Indian markets since scaling back their purchasing activity at the start of the new fiscal year 2024-25 (FY25). According to Samir Arora, founder of Helios Capital, FIIs are likely to make up over $16 billion, expecting the market to rally around […]
Indian stock market: The Nifty remained volatile within a narrow range during the day as investors awaited the election results. The highest call writing is visible at 23000, while there is significant put writing at 22500, indicating that the Nifty might oscillate between 22500 and 23000 in the next few […]