View Full Image Wall Street (REUTERS) U.S. stocks fell on Tuesday as investors weighed chances that the Federal Reserve could delay cutting interest rates, while Tesla shares dropped after the electric car maker posted fewer quarterly deliveries for the first time in nearly four years. Tesla’s stock fell more thanRead More →
The domestic market concludes the fiscal year with a vibrant hue. Catalogues like large have provided a return of 33%, Mid of 56%, and Small by 63%, as per the respective broad indexes. However, the year ended on a quieter tone, with substantial selling in March. Over the last twoRead More →
Before Market Opens: Indian markets are likely to open on a positive note on Thursday following a surge in Asian peers as Japan’s Nikkei hit a record high in early deals. Meanwhile, Wall Street also ended higher in overnight deals adding to the positive sentiment. Gift Nifty was trading 55Read More →
Before Market Opens: Indian markets are likely to open on a flat note on Wednesday amid a lack of any major cues after Wall Street ended lower in overnight deals. Gift Nifty was trading 34 points lower, indicating a negative start for the benchmark Nifty. Let’s take a look atRead More →
The Nifty hit a fresh high of 21,675.75, while the Sensex soared to an intraday record of 72,119.85 as FPIs purchased a provisional ₹2,926.05 crore even as domestic institutional investors (DIIs) sold ₹192 crore worth of shares. Though the indices closed a tad lower each, they posted closing records, withRead More →
Global incidents, such as the dot-com bubble, 9/11, the US subprime crisis, COVID-19, recent US economic challenges and geopolitical tensions like the Russia-Ukraine conflict and the Israel-Gaza crisis have all significantly impacted the Indian stock market. Let’s explore the relationship between these two economic powerhouses, and understand how the USRead More →
Our outlook for CY24 is optimistic, and we forecast a 10-12% return for the Nifty50, the main index. Our initial target for December 2024 is set at 23,600, with a peak of 25,000 and a trough of 18,650. This base target is derived from a 1-year forward P/E of 19x,Read More →
Indian shares rallied more than 1% to hit record highs on Thursday. The rally was prompted by intense buying in IT, tech and realty stocks after the US Federal Reserve left interest rate unchanged. Persistent buying by foreign investors also supported the market sentiments. Foreign institutional investors (FIIs) sold stocksRead More →
Indian stocks closed lower on Tuesday ahead of the release of inflation and Index of Industrial Production (IIP) data. Foreign institutional investors (FIIs) sold stocks of Indian companies worth ₹ 15,960.23 crore and bought stocks for ₹ 16,037.09 crore, resulting in an inflow of ₹ 76.86 crore, according to NSERead More →
Indian stock indices closed higher on Monday, with the Sensex crossing the 70,000 mark. The gains were led by banking, IT and metal shares. Foreign institutional investors (FIIs) sold stocks of Indian companies worth ₹9,449.53 crore and bought stocks for ₹10,710.66 crore, resulting in an inflow of ₹1,261.13 crore, accordingRead More →
