Mumbai: Weak global cues snapped the Indian benchmark indices’ five-day climbing streak on Friday, accompanied by fear gauge India Vix rising the most in almost two months, leading to Indian investors turning poorer by ₹4.78 trillion. Displaying signs of rising investor uncertainty amid increasing recessionary fears in the US and […]
Nifty
The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Friday tracking a sharp weakness in global peers. The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 24,850 level, a discount of […]
The Nifty 50 index hit the 25,000 mark for the first time during Thursday session, and managed to hold on to the gains. The index hit the 20,000 mark for the first time on September 11, 2023, and took 221 trading days from that level to hit the 25,000 mark […]
Shares of Tata Group’s Trent surged over 5 percent on Wednesday, reaching a new high and extending rally. The stock has gained more than 13 percent in 8 sessions. The rally is driven by market speculation that Trent will be included in the Nifty 50 index during the upcoming September […]
Davis was one of the remarkably few people who made a sizable fortune from investments in common stocks, serving as an inspiration to the ‘Average Joe’ that he too could become rich without resorting to shady shenanigans. During the mid-1930s, the American stock market came under heavy selling pressure, striking […]
Solid gains in the Indian stock market across segments drove the cumulative market capitalisation (mcap) of BSE-listed firms to over an all-time high of ₹460 lakh crore, or $5.5 trillion, for the first time on Tuesday, July 30. Until July 29 close, the Indian stock market benchmark, the Sensex, has […]
Mid-cap and small-cap stocks have long been attractive for their high return potential. The Nifty Midcap index has outperformed the benchmark Nifty index for the fourth straight month in July (till date), rising 4.7 percent as against a 3.4 percent gain in Nifty. In 2024 as well, the mid-cap index […]
Presenting a comprehensive recap of the week’s highlights, spanning from top news to market performance, here’s your market wrap for the week concluding on July 26, 2024. From top news to market performance, here’s the market wrap for the week ended July 26, 2024. Top News RBI’s MPC hiked the […]
The benchmark Nifty index shot up 1.76% and investors turned richer by ₹7 trillion on Friday as institutions scooped up cash shares and derivatives, backed by retail participation through mutual funds. Market veterans were puzzled by the surge, which follows the surprise tax hikes in the Union budget and weak […]
Indian markets resumed their upward trajectory on Friday, rebounding from the heightened volatility triggered by the Union Budget 2024’s capital gains tax hike and an STT increase on derivatives. Despite less favorable global cues and foreign portfolio investors pulling out of Indian equities following the budget announcement, the indices staged […]