The Union Budget 2024 seems to have failed to boost domestic market sentiment, which has been cautious due to concerns over rich valuation, mixed Q1 earnings and uncertainty over the beginning of the rate cut cycle in the US. The Nifty 50 has been down for the last five consecutive […]
Indian stock market
IT stocks have been witnessing decent traction since June this year. The Nifty IT index has gained nearly 24 per cent since June. In contrast, Nifty 50 has gained over 8 per cent in the same period. On the monthly scale, Nifty IT gained an 11 per cent in July […]
While investors have been increasing their equity holdings over the past few months, driving the S&P BSE Sensex and Nifty 50 to record highs, it is silver that has delivered the best return in the first half of 2024 (H1-CY24), with gains exceeding 30 percent during this period. Data shows […]
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 […]
Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open lower on Wednesday tracking weakness in global peers. Asian markets traded lower, while the US stock market ended in the red overnight as investors focused on Alphabet and Tesla Q2 results On Tuesday, the […]
Budget 2024: As the Union Finance Minister Nirmala Sitharaman is all set to present the Union Budget for the financial year 2024-25, the Indian stock market also has some expectations from the Modi 3.0 Government. According to the stock market experts, they expect the Continuation of the Central Government’s policies. […]
Finance Minister Nirmala Sitharaman is all set to present the Union Budget for 2024-25 on Tuesday, July 23. The Union Budget has been a key trendsetter for the Indian stock market, with the announcement being associated with market volatility. According to data available from the last ten years, the Indian […]
Indian stock market: Indian stock market benchmarks, the Nifty 50 and the Sensex, extended their losing streak for the second session in a row, ending in the red on Monday, July 22, in anticipation of the Union Budget 2024. The Nifty 50 ended the day down by 22 points, or […]
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Monday tracking weak cues from global peers. Asian markets traded lower, while the US stock market ended in the red on Friday amid uncertainty over the global technical outage. Markets are likely […]
India’s central bank sold ₹34 billion ($406 million) of bonds in the secondary market, likely to absorb excess cash in the banking system resulting from inflows into the nation’s debt after being included in a global index, according to Bloomberg report. The Reserve Bank of India‘s bond sales occurred over […]