Asian markets traded higher, while US stock market indices ended overnight with minor gains as Treasury yields dropped. On Thursday, the Indian stock market indices extended the rally with the Sensex crossing above 79,000 level and the Nifty 50 surpassing 24,000-mark for the first time. The Sensex jumped 568.93 points, […]
Nifty
These expectations resulted in Nifty and Sensex rising over 0.7% each to fresh closing highs of 24,044.5 and 79,243.18, respectively, on Thursday. “There is a possibility of the tax-free limit being increased from ₹750,000 on income under the new tax regime, which is adding to the bullish sentiment,” said A. […]
“As envisaged in Feb-24 report, Nifty sailed through election based volatility and approached our target of 23400, Post election outcome, as anxiety settles down, while reigniting expectations on reforms agenda, budgetary allocations and earnings, markets have once again resumed upward trajectory,” said the firm in a note. The brokerage firm […]
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 […]
Indian stock market: Nifty has been hovering within the 23300 to 23600 range, indicating indecisiveness, which sets the stage for a very volatile monthly expiry. A decisive move above 23600 might take the index towards 24000 in the short term, whereas failure to hold above 23300 might trigger panic in […]
Top News Open ended equity mutual funds witnessed inflows of Rs. 17,990 crore in May 2024. The net Asset Under Management (AUM) of the overall mutual fund industry stood at ₹25.39 lakh crore. Shares of Le Travenues Technology got listed at a premium of 48.49% over the issue price of […]
In today’s market environment characterised by volatility, investors have been grappling with apprehension and have inclinations towards withdrawing capital or strategizing for minimising losses. Yogi Berra’s renowned quote, “When you come to a fork in the road, take it,” emphasises the importance of making informed decisions and embracing calculated risks. […]
Asian markets traded mostly lower, while the US stock market ended mixed overnight as investors evaluated recent economic data and commentary from Federal Reserve officials to determine the timing of interest-rate cuts this year. On Thursday, the Indian stock market ended higher amid volatility. The Sensex gained 141.34 points, or […]
Indian stock market: The domestic equity market is expected to open flat Thursday tracking mixed cues from Asian peers. Asian markets traded mixed while the US stock market was closed for the Juneteenth holiday. Market participants watch out for China’s one- and five-year loan prime rate fixing today. It is […]
Bank Nifty index hit a record high on Wednesday along with the frontline indices, Sensex and Nifty 50, as the Indian stock market continued its bull rally for the fourth straight session. Sensex surged 280 points to hit a record high of 77,581.46, while the Nifty 50 gained 73 points […]