Indian stock market traded volatile in the first week of the new financial year but managed to end on a positive note. Weak global cues continue to weigh on the sentiment however, buying in select heavyweights across sectors not only capped the damage but also helped the index to closeRead More →
Domestic equity benchmarks traded volatile – witnessing a roller-coaster move amid mixed cues last week before closing the week in positive territory by gaining nearly half a per cent. Initially, prices declined to a five-week low amid escalating concerns about froth building in the midcap and smallcap segments. The pressureRead More →
Domestic benchmark indices Sensex and Nifty settled lower for the fourth consecutive session on Friday, September 22, amid weak global cues as the US Treasury yields rose to their multi-year high levels, weighing on investors’ sentiment for riskier equities. The 30-share BSE Sensex logged its worst week in over 15Read More →
Domestic benchmark indices Sensex and Nifty hit their fresh record highs last week with frontline index Nifty50 breaching the psychological 20,000-mark on the back of strong macroeconomic indicators such as lower consumer price index (CPI) print, demand optimism in China, and hints of a pause in rate hike by theRead More →
Despite the US 10-year bond yield surpassing 4.3 per cent, the dollar index reaching above 50, and Brent crude trading at over $90, the Indian market displayed remarkable resilience last week. Frontline indices Sensex and Nifty settled higher for the sixth consecutive session on Friday, despite a cautious global market.Read More →
After enduring a five-week losing streak, the domestic market managed to break free with its most significant single-day gain in the past two months. Frontline index Sensex rallied around 556 points on the first session of September, logging its best single day in two months, while Nifty closed above theRead More →
Markets consolidated in a range and settled lower for the fifth successive week -the longest streak since April 2022 – mainly pressurized by weak global cues. The tone was positive for most of the week but a decline in the final sessions pushed the index in the red. On theRead More →
Benchmark indices ended lower for the fourth week in a row, the longest stretch of weekly declines in over a year. Initially, the tone was sideways but pressure in the global indices, especially the US markets, pushed the index lower in the final sessions. Frontline indices settled lower for theRead More →
Domestic equity benchmarks Sensex and Nifty closed with decent gains on Friday (August 4), snapping their three-day losing run, amid positive global cues. Sensex closed 481 points, or 0.74 per cent, higher at 65,721.25 while the Nifty closed at 19,517, up 135 points, or 0.70 per cent. HDFC Bank, RelianceRead More →
