In the third week of May, investors will keenly eye the ongoing the January-March quarter results for fiscal 2023-24 (Q4FY24), domestic and global macroeconomic data, foreign fund outflows, crude oil prices, and global cues. Domestic equity benchmarks declined two per cent during the past week, logging their worst since mid-March […]
Nifty 50
India’s financial markets have been witnessed extreme volatility since the onset of May 2024 – the month that marks the crucial last phases of polling for the high stakes’ Lok Sabha elections, followed by the counting of votes and results on June 4, 2024. A lower voter turnout so far […]
FPIs invested ₹17,083 crore worth of Indian equities and the total outflow stands at ₹16,797 crore as of May 10, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. The total debt outflows stand at ₹1,602 crore so far this month. Analysts noted […]
BSE Midcap and Smallcap indices have fallen 3 per cent and 4 per cent for the week, respectively, while investors have turned poorer by nearly ₹10 lakh crore in a week as the cumulative market capitalisation of BSE-listed firms has dropped to nearly ₹396.6 lakh crore. Nearly 350 stocks in […]
The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 22,145 level, a premium of nearly 70 points from the Nifty futures’ previous close. On Thursday, the domestic equity indices ended lower for the fifth straight session, with the […]
On the other hand, the domestic institutional investors (DIIs) were net buyers and invested ₹16,700.19 crore. However, the continued domestic inflows has not been aggressive enough due to uncertainty surrounding election outcome and could not counterbalanced any of the outflows by foreign investors. Also Read: Share market today: Sensex cracks […]
Stock market today: The Indian stock market continues to remain under the sell-off heat for the fifth straight session on Thursday. The Nifty 50 index opened lower in the early morning session and touched an intraday low of 22,184, logging more than 450 points in the last five sessions. The […]
The 30-share BSE Sensex opened higher by 77.76 points, or 0.11%, at the 73,973.30 level, while the Nifty 50 started off at the 22,489.75 level, up 47.10 points, or 0.21%. The under performance of the Indian market in spite of encouraging global cues is a noteworthy near-term pattern in the […]
The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 22,685 level, a premium of nearly 110 points from the Nifty futures’ previous close. On Friday, the benchmark equity indices closed around a percent lower dragged by profit booking […]
The stock market experienced volatility throughout last week, ultimately ending nearly unchanged amid conflicting signals. While the overall sentiment was positive initially, fluctuations in global markets coupled with declines in certain major stocks offset much of the gains. Also Read: US Fed to hold rates at 23-year high-mark until inflation […]