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 predictions
Indian stock market is experiencing a dichotomy, with high valuations in some sectors limiting investment opportunities, while robust macroeconomic conditions sustain investor interest in domestic equities, analysts said. Benchmark equity indices Sensex and Nifty 50 have declined approximately 1% from their record highs, driven by a broader weak sentiment following […]
The highly-anticipated Union Budget week is finally here! The Indian stock market’s spectacular bull run ahead of the Budget session proved that investor sentiments are firm driven by hopes of policy announcements, domestic cyclicals, and growth-oriented sectors from the upcoming Union Budget 2024. In the fourth week of July, investors […]
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. […]
Indian stock market opened July on a spectacular note and achieved its longest winning streak since December 2023 amid the relentless bullish rally powered by the return of foreign funds and investor sentiments stabilising over Modi 3.0 coming to power. Bulls seem to have tightened their grip on Indian markets […]
The 30-share BSE Sensex is hovering above the Mount 80,000-mark, which the index first achieved on July 3, fuelled by its fastest-ever 10,000-point bullish rally in a record 58 sessions. The top 10 best-performing Sensex gainers reported a sharp surge of 15-75 per cent in their stock prices during the […]
The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 23,580 level, a premium of nearly 25 points from the Nifty futures’ previous close. On Monday, the domestic equity indices ended with minor gains, with the Nifty 50 holding […]
The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,660 level, a premium of nearly 90 points from the Nifty futures’ previous close. On Tuesday, the domestic equity indices extended rally to end at fresh record closing highs. […]
The NSE benchmark has demonstrated consolidation with a 4.4 per cent up move over the past two months despite significant market volatility during the Lok Sabha elections 2024. ‘’Nifty 50 is trading at 15-year average PE with 14.9 per cent EPS CAGR over FY24-26. Our 12- month base case Nifty […]
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 […]