Technical Breakout Stocks: How to trade Linde India, Bharti Airtel and InterGlobe Aviation on Wednesday
The S&P BSE Sensex plunged more than 700 points while the Nifty50 closed over 200 points lower. Sectorally, selling was seen in IT, FMCG, power, oil & gas and telecom stocks. Key Points
Economic TimesSensex, Nifty scale new lifetime highs on gains in banking, IT shares
The benchmark indices traded lower in the first half of the session but gains in private banks and pharma shares and firm European markets helped erase... Key Points
The Tribune IndiaMarkets trade lower on weak global trends
Power Grid, Tata Steel, Wipro, Tech Mahindra, NTPC, State Bank of India and Bajaj Finserv among major laggards. Equity benchmark indices traded lower in early... Key Points
The Tribune IndiaWall St ends lower, Treasury yields gain as strong data cools rate-cut hopes
By Stephen Culp NEW YORK (Reuters) -U.S. stocks followed their European counterparts to a lower close on Wednesday and U.S. Treasury yields resumed their uphill climb as robust economic data chilled Key Points
ThePrintGaurav Bissa on what to buy and sell in this market
Gaurav Bissa recommends a buy on Reliance Industries, which has given stability and a strong push to the markets. He also suggests a sell call on ICICI Prudential due to consistent lower top, lower bottom formation. Bissa believes the market is stock-specific and recommends a blend of large and midcaps. Key Points
Economic TimesGold firms as Fed's rate cut forecast hurts dollar, yields
By Anjana Anil (Reuters) - Gold prices extended gains on Thursday, after the U.S. Federal Reserve signalled an end to its tightening cycle and lower borrowing costs in 2024, which sent the dollar and Key Points
ThePrintWall St advances as focus shifts to Fed, crude slides
By Stephen Culp NEW YORK (Reuters) -U.S. stocks advanced Tuesday and the dollar dipped after a report showed sticky U.S. inflation continues to meander lower as the Federal Reserve gathers to assess Key Points
ThePrintWall St closes higher ahead of Fed; crude tumbles
By Stephen Culp NEW YORK (Reuters) -U.S. stocks advanced Tuesday and the dollar dipped after a report showed sticky U.S. inflation meandering lower as the Federal Reserve convened to assess policy and Key Points
ThePrintGift Nifty down 60 points; here's the trading setup for today's session
Equities in Asia mirrored weakness on Wall Street while Treasuries steadied following a rally after fresh data indicated labor market softness. Equities in Japan and Australia opened lower while futures contracts for Hong Kong benchmarks also slipped. That followed a third daily decline for the S&P 500. Key Points
Economic TimesAgrochemicals sector to witness 3% dip in revenue in FY24 on tepid demand: Report
The Indian agrochemicals sector is expected to face a 3% decline in revenue this year due to falling prices, weak demand, and lower reservoir levels, according to a report by Crisil. This decline is attributed to a supply deluge from China, reduced demand for exports, and the impact of lower reservoir levels on rabi sowing. Key Points
Economic Times/cloudfront-us-east-2.images.arcpublishing.com/reuters/EWTV7ZO24VPOZOAVCZSW2ZSTUQ.jpg)
Indian shares set to open weak as US rate fears, high oil prices weigh
Indian shares are set to open marginally lower on Monday, as rising U.S. rate concerns after strong jobs data and surge in oil prices due to military conflict in the Middle East weighed on sentiment. Key Points
ReutersWall St opens lower as yields rise ahead of Powell speech
The Dow Jones Industrial Average fell 52.00 points, or 0.16%, at the open to 33,455.50. The S&P 500 opened lower by 3.53 points, or 0.08%, at 4,284.52, while the Nasdaq Composite dropped 1.34 points, or 0.01%, to 13,217.99 at the opening bell. Powell and Philadelphia Fed President Patrick Hasker will speak at a roundtable discussion, due 11 a.m. ET, with local employers and small business owners on efforts to grow the economy. Key Points
Economic TimesRupee falls 3 paise to 81.93 against US dollar
At the interbank foreign exchange, the domestic unit opened lower at 81.93 and moved in the range of 82.01 to 81.90 during intra-day. Key Points
FinancialexpressIndian rupee marks weekly gains on FII inflows; traders might see profit-booking at 83 level
The Indian rupee recorded its first weekly gain in three weeks due to rallies in domestic equities and foreign fund inflows. The rupee's strength is expected to be supported by month-end dollar inflows, central bank intervention, and lower crude oil prices. Key Points
FinancialexpressIndian bond yields seen lower after RBI’s currency move to aid liquidity, debt buy
The 10-year benchmark 7.26% 2033 bond yield is expected to be in the 6.95% to 7.01% range after closing at 7.0106% in the previous session. Key Points
Financialexpress
Asian shares tentative on global growth concerns, Japan surges
The U.S. dollar benefited from safe-haven flows amid growth concerns and banking worries, holding onto its 0.6% gain overnight at 102.05 against a basket of currencies. Key Points
FinancialexpressSensex, Nifty see muted opening as Q4 results momentum remains weak
The S&P BSE Sensex was trading 101.32 points lower at 59,625.69 at around 9:45 am, while the NSE Nifty 50 was trading 24.40 points lower at 17,635.75. Key Points
India TodaySensex, Nifty open lower tracking weak global cues; IT, media stocks drag
The S&P BSE Sensex fell 52.71 points to 59,411.22 at 9:31 am, while the NSE Nifty 50 opened 0.16 per cent lower at 17,437.50. Broader markets also opened lower, reflecting the sentiments of the two benchmark indices. Key Points
India TodayWhat does lower interest rates and lower inflation mean for market valuations right now? Nilesh Shah expla
Nilesh Shah explains: lower interest rates in India are unlikely to benefit India Inc. due to low leverage, but they do help on the valuation side, leading to higher equity market valuation. Concerns remain about India's premium valuation, but if local interest rates decrease, valuations will be re-rated, potentially pushing rating agencies to upgrade India's rating. Key Points
Economic TimesLIC acquires 6.66% shareholding in Jio Financial Services through demerger action
Jio Financial Services: JFS shares hit its lower circuit limits for the second straight session on Tuesday. Its shares were locked at 5 per cent lower circuit limit of Rs 239.20 on BSE. Key Points
Business Today
Sensex, Nifty end lower as heavyweight stocks fall; RIL, Infosys slide over 1%
The S&P BSE Sensex ended the trading session 143.41 points lower at 64,832.20, while the NSE Nifty 50 settled 48.20 points lower at 19,395.30. Key Points
India TodaySensex ends 671 points lower: 7 key factors behind today’s selloff
Adani stocks traded mixed today but Nifty stock Adani Enterprises ended 2.9% lower at Rs 1,896.45. Adani Wilmar ended 4.5% lower while NDTV lost 5%. However, four other stocks from the pack ended 5% higher. Key Points
Economic TimesGold extends gains as Fed's rate-cut forecast hurts dollar, yields
By Anjana Anil (Reuters) - Gold prices extended gains on Thursday to their highest in a week after the U.S. Federal Reserve signalled that its interest rate-hiking policy is at an end and that it sees Key Points
ThePrintSensex, Nifty end lower as IT rally fizzles out; Adani Enterprises jumps 3%
The S&P BSE Sensex ended 47.77 points lower at 65,970.04, while the NSE Nifty 50 settled 7.30 points lower at 19,794.70. Broader market indices also ended on a weak note, reflecting the overall weakness on Dalal Street. Key Points
India Today5 things that changed for market overnight: Gift Nifty, US Fed minutes to global market cues for Sensex today
A rise in US treasury yields lowered appetite for risky assets amid concerns that the US central bank can continue to raise interest rates to fight inflation. Signs of economic stress in China further dampened investor sentiment. Key Points
mint
Sensex, Nifty end lower after Fed rate hike; IT, financials drag
At the closing bell, the S&P BSE Sensex fell 289.31 points to 57,925.28, while the NSE Nifty 50 settled 75 points lower at 17,076.90. Key Points
India TodaySensex, Nifty swing between gains and losses in volatile session
The S&P BSE Sensex settled at 59,605.80 after falling 0.23 per cent, while the NSE Nifty 50 closed 0.25 per cent lower to 17,511.25. Key Points
India TodayAsian stocks slide as geopolitical worries sap confidence
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks fell on Tuesday as investors pondered looming U.S. interest rate cuts and awaited earnings from AI darling Nvidia, while rising tensions in the Key Points
ThePrintWall Street dips ahead of U.S. data; dollar pressured by yen, yuan
By Stephen Culp NEW YORK (Reuters) -U.S. stocks followed their overseas counterparts lower at the top of a holiday-shortened week on Monday as investors positioned themselves ahead of crucial Key Points
ThePrintTechnical Breakout Stocks: How to trade EIH, YES Bank & Adani Green on Thursday
Buying was seen in media, PSU banks and realty stocks while Nifty IT ended 1.25% lower. SBI ended 4% higher while TCS, Infosys and Tech Mahindra ended 1-3% lower. Key Points
Economic Times
Budget 2024: Hand on the gear, getting ready to thrust ahead
The interim budget signifies a departure from sector-specific handouts, prioritizing fiscal consolidation with a lower-than-expected fiscal deficit. The focus remains on increased capital expenditure, innovation, and entrepreneurship support, green initiatives, tourism promotion, and ongoing reforms. The budget reflects a holistic approach to empower all sections of society for sustainable growth, creating a robust foundation for India's development. Key Points
Economic TimesSensex, Nifty end lower in volatile session; HUL falls nearly 4%
The S&P BSE Sensex closed 259.58 points lower at 71,423.65, while the NSE Nifty50 fell 50.60 points lower at 21,571.80. The broader market indices also ended the trading session on a flat note. Key Points
India TodaySensex, Nifty end lower for 2nd straight day; IT, banking shares tumble
The S&P BSE Sensex ended 379.46 points lower at 71,892.48, while the NSE Nifty50 settled 76.10 points lower at 21,665.80. All the broader market indices also ended the day in negative territory. Key Points
India TodayShares gain, dollar falls with Fed comments inspiring dovish bets
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) -MSCI's global stock index gained ground on Friday, while U.S. Treasury yields and the dollar were lower after Federal Reserve Chair Jerome Key Points
ThePrintErratic rainfall may lead to higher inflation in near term: BoB research
The irregular rainfall patterns in India have resulted in lower 'kharif' crop sowing, which is likely to lead to higher inflation in the near future, according to Bank of Baroda's Economics research department. While the nationwide rainfall has been 6% above the long-period average (LPA) until 30 July, the eastern and northeastern regions had less precipitation and the northwest recorded more than usual. Key Points
Economic Times
Market wrap: Sensex, Nifty snap two-day winning run; investors lose over ₹2 lakh crore in a day
Sensex closed 284 points, or 0.45 per cent, lower at 63,238.89. The Nifty ended the day at 18,771.25, down 86 points, or 0.45 per cent. Key Points
mintSensex, Nifty close marginally down in volatile trade
Benchmark equity indices Sensex and Nifty ended marginally lower in highly volatile trade on March 28. Adani Entertainment, Adani Ports, Tech Mahindra, HeroMotoCorp and Tata Motors were among major Nifty losers. Key Points
The HinduSell-on-rise likely in Nifty, broader market indices: Nagaraj Shetti
Nagaraj Shetti predicts continued weakness in OMCs with eroded upside momentum. Shetty further says that another 5-7% downside in the three OMC stocks is likely. Market lacks buying support, with Nifty facing downside pressure. Small Cap 100 support at 13,200 levels. Sell-on-rise opportunity in NMDC with a downside target at Rs 175. Key Points
Economic TimesSensex slips 1,200 points, Nifty tumbles; investors lose Rs 4 lakh crore
The S&P BSE Sensex fell 1,272.07 points to 84,299.78 at the closing bell, while the NSE Nifty50 settled 361.65 points lower at 25,810.85. Key Points
India TodayProtein-rich diet may lower mortality risk in kidney disease patients: Study
New Delhi, August 11 Following a diet rich in proteins may help lower the risk of death among people with chronic kidney disease (CKD), claims a study. About 850 million people worldwide are estimated to have kidney disease, and most... Key Points
The Tribune
New enrollment in EPF and ESIC hit over three-month high; NPS declines
The average new additions in the third quarter of the fiscal were still lower than in the first half of the year, given the easing of economic activity. Experts estimate that growth likely eased below 7% in Q3FY24, compared with 7.7% average for the first half of the year. Key Points
Economic TimesSensex, Nifty fall after opening higher; Paytm jumps 5%
The S&P BSE Sensex was down 68.90 points at 72,357.74 at 9:53 am, while the NSE Nifty50 was trading 7.55 points lower at 22,033.15. Key Points
India TodayGold slips as strong US data dampens Fed rate cut bets
By Harshit Verma (Reuters) - Gold prices inched lower on Wednesday as strong U.S. economic data doused hopes for early interest rate cuts by the Federal Reserve, while investors awaited a slew of Key Points
ThePrintGold slips as hopes for early Fed rate cuts fade
By Harshit Verma (Reuters) -Gold prices inched lower on Wednesday, as hawkish comments from Federal Reserve officials and strong U.S. data doused hopes for early interest rate cuts, while investors Key Points
ThePrintU.S. stocks dip, Treasury yield gain as solid data dims rate cut hopes
By Stephen Culp NEW YORK (Reuters) -Wall Street extended its sell-off on Tuesday and the benchmark U.S. Treasury yield rose to its highest level in more than a month as robust economic data reduced Key Points
ThePrint
India extends import duty reduction for edible oils to March 2025
India has extended the lower import tax rates on edible oils, including crude palm oil, crude sunflower oil, and crude soyoil, until March 2025. The move aims to manage local prices and ensure a steady supply of essential commodities. India is the world's largest importer of vegetable oil, the report said Key Points
Economic TimesRupee falls 7 paise to close at 83.10 against US dollar on spike in crude oil
Mumbai, Dec 18 (PTI) The rupee surrendered its initial gains to settle 7 paise lower at 83.10 against the US dollar on Monday due to a spike in oil prices and a lacklustre trend in domestic equity markets. However, a weak greenback against major currencies overseas supported the local currency, forex traders said. At the […] Key Points
ThePrintGold touches 10-day high as Fed hints at lower US rates next year
By Anushree Ashish Mukherjee (Reuters) - Gold prices touched a 10-day high on Thursday as the U.S. dollar and Treasury yields were beaten lower after the Federal Reserve signalled an end to its Key Points
ThePrintRupee settles 1 paisa lower at 83.21 against US dollar
Mumbai, Nov 6 (PTI) The rupee settled for the day 1 paisa lower at 83.21 against the US dollar as the support from positive domestic equities was negated by rising crude oil prices. Forex traders said a positive trend in domestic equities supported the local unit at lower levels and restricted the downside. At the […] Key Points
ThePrintRupee falls 6 paise to end at 83.28 against US dollar
India Business News: The Indian rupee closed 6 paise lower at 83.28 against the US dollar on Friday due to sustained foreign fund outflows. The rupee remained range-bound Key Points
Times Of India
Sensex, Nifty close with gains in highly volatile trade
Infosys, State Bank of India, Tata Steel, Hindustan Unilever and Titan were the major laggards. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended lower. Key Points
FinancialexpressAsian shares extend losses, sink on banking jitters, US economic concerns
MSCI's broadest index of Asia-Pacific shares outside Japan were 0.3% lower on Thursday, while Japan's Nikkei lost 0.4%. Key Points
FinancialexpressMarkets trade higher in early trade; Nifty tests 17k level
Benchmark indices were trading in the positive territory in early trade on March 29 amid fresh foreign fund inflows and buying in HDFC twins. The 30-share BSE Sensex advanced 218.68 points to 57,832.40 in initial trade. The broader NSE Nifty climbed 71.5 points to 17,023.20 Key Points
The HinduWPI inflation declines to 25-month low of 3.85% in Feb, government data shows
WPI inflation: The reading was lower than the Reuters forecast of 4.00% and the 4.73% recorded in the previous month. Key Points
Hindustan TimesBudget 2024: All's well that still sticks to welfare delivery
Some might fret over the likely impact on economic growth of the capex compression. However, GoI could well argue that the private sector is likely to step up in the next fiscal. lower borrowings due to the deficit compression could reduce borrowing costs for the private sector and help investment recovery. The government bond market has responded well to the deficit (and borrowing)-reduction plans. Key Points
The Economic Times
Sandip Sabharwal explains why post Budget it makes sense to pick up consumer stocks
Sandip Sabharwal believes that the reduction in fiscal deficit will lead to lower interest rates, reduced inflation, and increased volume growth and consumption growth. This will create an opportunity to buy consumer stocks. The previous high inflation and employment issues impacted consumption, but with lower interest rates and entrenched inflation, volume growth on the consumption side is expected to come back. Going into July, there may be relief on income tax rates, but there are also expectations of tweaks on capital goods and inheritance tax. Key Points
Economic TimesSensex, Nifty end marginally lower as pharma and IT stocks fall; Cipla tanks 8%
The S&P BSE Sensex ended 5.43 per cent lower at 66,017.81, while the NSE Nifty 50 settled 9.85 points lower at 19,802. Key Points
India TodayETMarkets Fund Manager Talk: 2024 could be a period of lower returns compared to 2023, says this Rs 22,000
Niket Shah says: 2024 could be a year of lower returns as compared to 2023. This is because some of the tailwinds which caused this years outperformance (lower oil prices, easy domestic liquidity, certainty on political front) are likely to be missing next year. Nonetheless, given that we should see lower interest rates next year it should result in 8-10% returns for 2024 which will be lower than 2023. Key Points
Economic TimesPre-market action: Here's the trade setup for today's session
The rupee pared all its initial gains to settle just 1 paisa higher at 83.14 against the US dollar on Monday, as the support from lower crude oil prices in international markets was offset by a weak trend in domestic equities. Key Points
Economic TimesIndian shares set to open lower on Middle East tension, US rate jitters
Indian shares are set to open lower on Wednesday, as intensifying conflict in the Middle East and worries of a prolonged high interest rate regime after a better-than-expected U.S. retail sales data hurt sentiment. Key Points
Reuters
Auto, energy sectors drag sensex, Nifty; small and mid-caps outperform
India Business News: Indian shares closed lower on Tuesday due to mixed auto sales data in September and concerns over elevated interest rates. The Nifty 50 index fell 0.5 Key Points
Times Of IndiaIndian shares set to open lower on domestic inflation concerns
Indian shares are set to open lower on Wednesday as a sharp rise in July domestic inflation hurt sentiment, while global peers fell on interest rate concerns in the U.S. and worries over China's economy. Key Points
ReutersIndian shares trim weekly gains on profit booking post RBI policy
The blue-chip Nifty 50 closed 0.38% lower at 18,563.40, while the benchmark S&P BSE Sensex fell 0.35% to 62,625.63. Key Points
FinancialexpressMarkets fall for second day running; IT counters drag
Market benchmark indices declined in early trade on May 17, extending their previous day’s fall, dragged down by IT counters and a weak trend in the U.S. equities. Key Points
The HinduMarkets decline in early trade after 8-day rally; all eyes on U.S. Fed interest rate decision
Benchmark indices fell in early trade on May 3, halting their eight days of rally, ahead of the U.S. Federal Reserve’s interest rate decision and weak global market trends. Key Points
The Hindu
Sensex, Nifty end lower as IT stocks fall; Infosys down 10%
The S&P BSE Sensex fell 520.25 points to 59,910.75, while the NSE Nifty 50 settled 121.15 points lower at 17,706.85. Key Points
India TodaySensex plunges 800 points: What’s making Dalal Street nervous?
At one point, the S&P BSE Sensex was down nearly 900 points and the NSE Nifty 50 was down over 200 points. By 10:30 am, Sensex was trading 795.48 points lower at 59,635.52. Even broader market indices fell sharply as volatility rose sharply. Key Points
India TodayAre the bulls back for good? Dipan Mehta decodes the market
Experts are optimistic about a sustained rally in the Indian stock market, with the first half of the earnings season expected to be positive. Institutional investors are making selective buys in companies with attractive valuations in comparison to peers, including Max Healthcare, Piramal, and Aurobindo. The healthcare and pharmaceutical sectors are predicted to have sustainable expenses, making them a safe investment option. Aurobindo is seen as particularly attractively valued and could see a surprise earnings boost from factors such as base effect, new launches, or rupee depreciation. Key Points
Economic TimesIs it time to lock in money for a longer term in fixed income? Dhawal Dalal answers
“We like the 5-10-year part of the maturity bucket on the yield curve. We believe that the long end is likely to remain stickier depending on the demand-supply dynamic that evolves as we discussed. But at this point of time, the 5-10-year segment looks very attractive from relative liquidity as well as risk-adjusted return perspective.” Key Points
Economic TimesMarkets halt 5-day losing streak after Credit Suisse lifeline lifts mood; Metals underperform, Tata Steel top loser
At home, banking stocks recovered, while metal stocks witnessed heavy selling pressure. Smallcap stocks saw money going out in the broader market. However, investors remain on the edge regards to turmoil in banks globally. Key Points
mint
Indian shares open lower on rate fears after Powell's testimony
Indian shares opened lower after U.S. Federal Reserve Chair Jerome Powell reiterated the likelihood of aggressive rate hikes to tackle inflation. Key Points
India TodayHeat may scorch fruit, vegetable output by 30%
While mango farmers have already reported massive flower and fruit drop, the sudden and early onset of summer will also adversely affect lychee, citrus fruits, watermelons, bananas, and cashew crops, experts said. Vegetables like cabbage, cauliflowers, leafy vegetables, and tomatoes will not only be of lower size but of lower nutritional content, they said. Key Points
Economic TimesMarkets trade lower after early optimism on weak trends from Asian equities
The 30-share BSE Sensex climbed 155.62 points to 72,181.77 in early trade. Benchmark equity indices started the trade on a positive note on Monday but later gave Key Points
The Tribune India