Key Points
"Benchmark indices logged a second week of gains, ending the final trading week of fiscal year 2024 on an optimistic note..
In his view, the outlook for the market this week will be guided by a slew of global and domestic events, including the Reserve Bank of India's monetary policy, auto sales data, the US and India manufacturing PMI, among others...
On Thursday, Nifty witnessed bullish momentum after crossing its 20-DMA though it is trading near the resistance zone around its previous all-time high of 22,526, Pravesh Gour, Senior Technical Analyst at Swastika Investmart, said..
Indian government bond yields posted their first decline in the last four financial years as the central bank held rates, the demand-supply dynamics turned favourable and foreign inflows boosted sentiment..
"Markets strong ability to tackle large supply this year, smaller than expected bond borrowing program for FY25, pick up in foreign demand after bond index inclusion announcement and broadly favorable global backdrop have together spurred the rally in bonds, said Abhishek Upadhyay, senior economist at ICICI Securities Primary Dealership..
You might be interested in
HDFC merger, GIFT Nifty, IPOs among 8 factors to drive Dalal Street this week
02, Jul, 23In the following week, several factors are in place that are likely to decide the trajectory for markets. These include key macroeconomic data points in India and across major developed economies, and a lot of corporate news developments.
Oil steadies as investors take stock of banking crisis
17, Mar, 23International Business News: Brent crude futures edged up 2 cents to $74.72 a barrel by 0133 GMT, having snapped three days of losses to settle 1.4% higher on Thursday.
Strong domestic flows help India outperform most EMs in FY23
01, Apr, 23India was the second-best performer among the emerging markets in FY23 after South Africa. Equity benchmarks of some countries, such as Russia, Indonesia, Singapore, Thailand, Hong Kong, South Korea, and Taiwan, fell between 3% and 10% in FY23. The resilience in Indian equities was thanks to the flows from domestic investors.
Sensex soars nearly 600 points, Nifty jumps over 19,400; Divi’s Lab jumps 5%
06, Nov, 23The S&P BSE Sensex ended 594.91 points higher at 64,958.69, while the NSE Nifty 50 settled 181.15 points higher at 19,411.75.
Markets end the week in red with Friday seeing most losses; Sensex below 59,150, Nifty under 17,420
10, Mar, 23A broad-based selloff was seen across the board with banking stocks worst hit. The downfall in equities can be attributed to weak global cues which took a jolt right after Fed's chair hinted at more and higher rate hikes ahead.
Fixed deposit interest rates to go up again? RBI hits at another hike
22, Mar, 23In the bulletin the RBI said that the Indian economy is unlikely to face any major repercussions from the ongoing global financial turmoil
Markets log gains for 2nd day on buying in Reliance, HDFC Bank
30, Oct, 23Besides, weakening Brent crude oil prices overseas also boosted investor confidence amid simmering tensions in the Middle East. Equity Benchmarks Sensex and Nifty closed higher for a second straight session on Monday as buying in index majors Reliance Industries, HDFC Bank and ICICI Bank helped the indices rebound from early lows amid a mixed trend in global markets.
Global stocks edge back down from latest all-time highs
22, Mar, 24By Elizabeth Howcroft LONDON (Reuters) -European stocks were mixed in early trading on Friday after cautious Asian markets put a dampener on the recent equity rally, in a move attributed to
Sensex, Nifty rise for 7th straight session; financial stocks jump
11, Apr, 23The S&P BSE Sensex ended 311.21 points higher at 60,157.72, while the NSE Nifty 50 settled at 17,722.30 after gaining 98.25 points.
FII action, IPO listings among 10 factors to drive D-Street action this week
24, Dec, 23When stock markets resume trading on Tuesday in the holiday shortened week, a host of important domestic and global events lined-up during this week are likely to impact them. The underlying tone of the market remains positive. Major global markets will remain shut for trading on December 25, Monday on account of Christmas holiday.