Nifty 50 is inching closer to its record high level of 20,222.45 which it hit in intraday trade on September 15 this year. Nifty 50 touched the level of 20,136.15 in morning trade on Thursday, November 30. However, it erased all gains later and traded about 30 points lower aroundRead More →
The volatility was on the back of the Russia-Ukraine war, Israel-Palestine war, high global inflation, rising crude prices, peak US 10-year yield, weakening rupee, and consumption slowdown. Still, the Nifty managed to touch 20,000 on 11th September, 2023 and the BSE Sensex surpassed 67,900. While going ahead, experts expect volatilityRead More →
Also, all sectoral indices closed on a negative note except the realty index. Going ahead, brokerage house Axis Securities believes that macroeconomic developments will continue to drive the market fundamentals in the near term. The critical near-term monitorables will be a) The outcome of the upcoming FOMC meeting, b) TheRead More →
Edited excerpts: What is your view on the current market structure? When can we expect a fresh bullish wave? We will be closely monitoring the upcoming general elections and the escalating crude oil prices as they are key factors shaping the economic landscape. The government’s announcements regarding economic reforms andRead More →
Buy or sell stocks for next week: Following weak global cues on economic slowdown concerns, Indian stock market ended on a flat note on Friday. Nifty 50 index regained early morning losses and ended 0.40 points lower at 17,624 whereas BSE Sensex added 22 points and closed at 59,655 levels.Read More →
In line with bullish market signals on Friday, Indian stocks saw significant gains in the banking and finance sector. The Nifty gained 1.57% and closed at 17,594.35 while the Sensex gained 1.53% and closed at 59,808.97. All the sector indices closed on a positive note, with Nifty PSU Bank beingRead More →
On Thursday, Sensex jumped by 224.16 points or 0.38% to end at 59,932.24. The benchmark touched its psychological 60,000 mark in the early trading session during the day, however, corrected eventually. Sensex climbed for the fourth day straight this week. On the other hand, Nifty 50 inched lower by 5.90Read More →
This Oprah-Approved Astrologer Has Some Advice for Your 2023 Read More →
I think the only thing that can be said with some level of certainty is that we must brace for volatility. Just for a moment think about the number of factors to consider today – high inflation, rising interest rates, high CAD and currency depreciation, geopolitical tensions, a global economicRead More →
