India’s benchmark indices ended higher on Friday, with Nifty rising 116.90 points to 25,571.25 and Sensex up 316.57 points to 82,814.71, despite IT stocks weighing on sentiment. Volatility remained elevated, with India VIX up 6.7%. Analysts expect the index to oscillate between 25,300–25,800. US and European markets also closed higher, boosted by the Supreme Court’s…
Indian equity markets closed sharply lower on Thursday as lingering tensions between the US and Iran triggered broad-based selling. The benchmark indices snapped their three-session winning streak, weighed down by losses in auto, financial, IT and consumer stocks. The Nifty fell 365 points, or 1.41%, to settle at 25,454.35, while the 30-share BSE Sensex ended…
The Indian market ended higher on the final trading day of the year on Wednesday, with the Sensex and Nifty rebounding after five and four straight sessions of losses, respectively, as buying returned to metal stocks following the government’s decision to impose a three-year safeguard duty on select steel imports, among other factors supporting the…
The Indian market ended higher on Friday, with the Sensex and Nifty a four-day losing run, as a cooler-than-expected U.S. inflation reading lifted global risk appetite and rekindled expectations of Federal Reserve rate cuts in the year ahead. The constructive mood mirrored gains across Asian markets, among other supportive cues. The S&P BSE Sensex rose…
Axis Securities has a buy call on Aditya Birla Sun Life AMC with a target price of Rs 1045. The current market price of ABSL AMC is Rs 852.3. Aditya Birla Sun Life AMC, incorporated in 1994, is a Small Cap company with a market cap of Rs 24601.79 crore, operating in the Financial Services…
Do you want to explore the financial markets in India as a retail or an individual investor? But, as a novice trader, you are unaware of the other participants in the stock markets and are curious to know about it, then, you have landed on the right page. This blog will cover the two main…