The Indian stock market benchmark indices, Sensex and Nifty 50, continued their upside momentum and scaled record high levels on Friday led by a rally in IT and banking stocks. All the top IT stocks, Tata Consultancy Services (TCS), Infosys, HCL Technologies and Wipro, were among the top gainers on […]
Nifty
The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Thursday led by a positive trend in the global markets. Gift Nifty also indicates a positive start for the Indian benchmark index. The Gift Nifty was trading around 24,395 level, a premium of nearly […]
Indian stock market: Indian stock market indices closed approximately half a percent lower due to profit booking after reaching higher levels, on Wednesday. The Sensex fell by 426.87 points, or 0.53%, settling at 79,924.77, while the Nifty 50 finished 108.75 points, or 0.45%, down at 24,324.45. Meanwhile, the Bank Nifty […]
In its recent earnings preview for the June quarter (Q1FY25), domestic brokerage Motilal Oswal Financial Services (MOFSL) forecast a 4 percent year-on-year (YoY) growth in Nifty50 earnings. Excluding global commodities like Metals and Oil & Gas (O&G), the Nifty is expected to see a 10 percent YoY earnings growth for […]
Indian stock market indices declined a percent each on Wednesday dragged by profit booking at higher levels. The Sensex crashed more than 900 points to fall below 79,600 level, while the Nifty 50 tanked more than 200 points to slip below 24,200. Sensex hit an intraday low of 79,435.76, falling […]
In its recent June quarter (Q1FY25) earnings preview note, domestic brokerage house Motilal Oswal Financial Services (MOFSL) predicted that the Nifty50 earnings are likely to grow by 4 percent percent on a year-on-year (YoY) basis. Excluding global commodities like Metals and Oil & Gas (O&G), the Nifty is anticipated to […]
In the latest Greed and Fear report, Chris Wood of Jefferies revealed adjustments to the Asia Pacific ex-Japan relative-return portfolio made at the end of the last quarter. These changes in the new Asia Maxima were driven by significant shifts in the neutral weightage. The report noted that India’s weightage […]
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 5, 2024. Source link
Indian benchmark indices continued their record-high run on Thursday for the second straight session. The Sensex rose 406 points to its new high of 80,392.64 while the broader Nifty gained 114.5 points to its peak of 24,401. The Sensex reached the 80,000 mark for the first time on July 3. […]
Indian stock market: The domestic equity market is expected to open higher on Thursday tracking positive cues from global peers. Asian markets traded higher, while the US stock market ended mostly in the green overnight after data pointed to a softening economy, raising hopes for an interest rate cut by […]