Indian headline indices on Tuesday closed with sharp gains reacting to a US President Donald Trump’s statement about the ongoing negotiations with Iran and a five-day pause to the bombing on West Asian country’s energy installations. The development acted as a catalyst, unleashing the bulls with significant buying action across the board. Banks, auto and…
The Indian market ended higher on Friday, with the Sensex and Nifty climbing decisively as a strong earnings surprise from Infosys reignited risk appetite and pulled heavyweight IT stocks sharply higher, among other factors. The rally pushed the Sensex and Nifty to fresh intraday highs, reversing recent caution and setting a bullish tone for the…
Analyst forecasts go beyond mere numbers — they offer a strategic lens into future market potential. For investors looking out for the next breakout opportunity, Nifty500 stocks stand out as compelling picks. According to the estimates from Trendlyne, as many as Nifty500 stocks have the potential to deliver significant returns over the coming 12 months.These…
Nifty closed lower on Monday, marking their second consecutive decline. Except for IT, selling pressure was broad-based, with realty, metal and chemical stocks seeing the sharpest losses. The index has closed below its 50 EMA on the hourly chart. Commenting on the day’s action, Vatsal Bhuva, Technical Analyst at LKP Securities the index has slipped…
The Indian market ended weaker on Wednesday, with the Sensex and Nifty edging lower and extending their slide to a fourth session as investors stayed cautious near record levels. The mood on Dalal Street remained guarded ahead of the Reserve Bank of India’s interest-rate decision and policy cues due Friday and as persistent foreign outflows…
The Indian market closed lower on Monday, with benchmark indices logging their worst session in 10 months as an intensifying tariff-fueled selloff and rising global recession fears drove investors away from riskier assets. The benchmark BSE Sensex declined 2226.79 points or 2.95% to close at 73,137.90, while the broader Nifty 50 index closed at 22,161.60,…
The previous week was short; the Indian markets traded for four days owing to one trading holiday on account of Ramadam Id. However, while staying largely bearish, the markets weathered the storm inflicted by the US announcing reciprocal tariffs on almost everyone and kicking off a serious trade war. The equity markets across the world…
With India’s telecom sector witnessing rapid changes as Elon Musk’s SpaceX plans to enter India to offer Starlink’s high-speed internet services, extending ties with Bharti Airtel and Reliance, investors may face the dilemma of choosing between two of the biggest players in the industry. While Bharti has demonstrated strong resilience amid market fluctuations, Reliance continues…
Shares of PB Fintech dropped 10% over two sessions to Rs 1,322 on Thursday after the company announced on Tuesday its plan to invest Rs 696 crore in its subsidiary, PB Healthcare Services Private Limited, in the next financial year to expand operations. Meanwhile, in today’s trading session, the stock fell 5.8% to Rs 1,322….
After a not so holy dip that the BSE Sensex took during the Maha Kumbh period when it fell nearly 4%, is it time for its resurrection? The history of market performance during Kumbh since 2004 indicates that five out of six times, the index has ended positive over the next six months, with average…