Along with exit polls, market will also react to domestic GDP data along with US core PCE data which will result further heighten the volatility on Monday. Overall the global cues have been weak as the hopes of rate cut are getting diminished with better than expected US economic data […]
Indian stock market
Exit polls unveiled on Saturday, following six weeks of polling, indicate Modi’s coalition may augment its current 303 seats in the 543-member lower house, possibly securing the two-thirds majority necessary for constitutional amendments. The final results of the general election involving over a billion eligible voters will be announced on […]
Indian stocks, bonds and the rupee are poised to climb on Monday after exit polls indicated a resounding victory for Prime Minister Narendra Modi’s party. The polls suggest the Bharatiya Janata Party-led alliance will clinch substantially more seats than the 272 required for a majority in the 543-seat lower house […]
Sensex shed 0.70 per cent, while the Nifty 50 declined 0.33 per cent in May. The BSE Midcap index, on the other hand, bucked the trend and clocked a decent gain of 1.74 per cent. The BSE Smallcap index lost 0.11 per cent in May. The domestic market witnessed strong […]
Stock market today: Indian stock market benchmarks—the Sensex and the Nifty 50—ended with mild gains on Friday, May 31, snapping the losing streak of the last five consecutive sessions. All eyes are now on the last phase of the General Election 2024 on Saturday, June 1, followed by the exit […]
In the run-up to the election results, the benchmark indices, including the Nifty50 and Sensex, have witnessed a decline of 1.5-2 percent over the past five sessions but rose a bit in today’s deals. Adding to the unease, the Volatility Index (VIX) has surged to around 24, significantly higher than […]
Multibagger IPO: The Initial Public Offering (IPO) of Motisons Jewellers Limited, launched in December 2023, was a resounding success. The IPO, offered at a price range of ₹52 to ₹55 per equity share, generated a substantial ₹151.09 crore from this book-build issue. The public offer received an overwhelming response from […]
The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 22,690 level, a premium of nearly 60 points from the Nifty futures’ previous close. On Thursday, the domestic equity indices ended sharply lower amid monthly F&O expiry, extending losses […]
“Assuming a stable alliance under Modi’s leadership for the next five years, we recommend buying equities on a steep correction. We do not see any chance of a non-NDA government coming to power,” said the brokerage firm. Concerns over low voter turnout overblown While the stock market’s biggest concern about […]
Stock market today: Extending their losing streak into the fourth consecutive session, Indian stock market benchmarks—the Sensex and the Nifty 50—closed with significant losses of about a per cent each on Wednesday, May 29, amid weak global cues. Sensex suffered a loss of 668 points, or 0.89 per cent, to […]