Asian markets traded mixed, while the US stock market ended mostly higher with the S&P 500 and Nasdaq settling at record closing highs. Markets have dialed back expectations for the Fed’s first rate cut happening in September, now pricing in about a 50% chance, according to the CME’s FedWatch tool, […]
Stock market today
Stock market today: Anil Ambani-owned Reliance Power share price has been on an uptrend for the last one week. In this period, Reliance Power share price has risen nearly 22 percent. Reliance Power share price today opened with an upside gap at ₹27.99 apiece on NSE and touched an intraday […]
Modi cabinet 2024: After the formation of the Modi 3.0 government in New Delhi and Nirmala Sitharaman being retained as Finance Minister, the market is expecting continuity of the business and economic policies for the next five years. From the Indian stock market, investors must have their fingers crossed that […]
Gold rates today continue to remain under the sell-off heat as investors keenly anticipate the outcome of the highly influential US Fed meeting, which is commencing today. The gold futures contract on the Multi Commodity Exchange (MCX) for August 2024 expiry opened lower at ₹71,251 per 10 gm and touched […]
ixigo IPO day 2: The initial public offering (IPO) of ixigo, which opened on 10th June 2024, has received a robust response from primary market investors. The public issue worth ₹740.10 crore will remain open till 12th June 2024. The company has fixed the ixigo IPO price band at ₹88 […]
Trade setup for Tuesday Speaking on the outlook for Nifty today, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, “Nifty is currently placed at the hurdle of opening downside gap around 23,250 and the bearish weekly candlestick pattern like hanging man of last week is still intact. Despite […]
Nova Agritech shares have been on an uptrend after hitting the primary and secondary markets. Nova Agritech IPO was launched in January 2024 at ₹39 to ₹41 per equity share. The public issue was proposed for listing on BSE and NSE. The public issue listed on BSE and NSE on […]
Indian stock market: Continuing their upward trend for the third consecutive session, Indian stock market benchmarks, the Sensex and the Nifty 50, reached new closing highs on Friday, June 7. Despite a sharp 6 percent drop on June 4, market benchmarks have shown solid gains so far in June. The […]
Domestic equity benchmarks recorded the biggest weekly gain of 2024 after a volatile week. The indices began the week hitting all-time highs and rose 3.25 per cent on optimism of a memorable win for the ongoing government. The surprise poll outcome, with the ruling Bharatiya Janata Party (BJP) failing to […]
Banking Q4 Review Reviewing the Q4 results for the banking space, the brokerage pointed out that banks, including Small Finance Banks (SFBs), in its coverage have sustained robust credit growth, aligning closely with anticipated 17 percent year-on-year growth (excluding HDFCB). While some banks have voiced concerns regarding corporate growth due […]