Domestic benchmark indices opened higher for the second consecutive day on Tuesday, supported by easing trade tensions between the U.S. and its trading partners, along with sustained foreign inflows that bolstered investor sentiment. The BSE Sensex was trading 405 points, or 0.51%, higher at 80,612. The Nifty50 was up 120 points, or 0.49%, trading at…
READ MOREInvestors’ wealth got wiped out by Rs 8.88 lakh crore in two days of market slump due to profit-taking and growing tensions along the Indo-Pak border following the terror attack at Pahalgam in Jammu & Kashmir. On Friday, the 30-share BSE barometer tanked 588.90 points or 0.74 per cent to settle at 79,212.53. During the…
READ MOREMarkets staged a strong rebound, rallying over 4.5% during the holiday-shortened week, supported by positive signals from domestic and global developments. Benchmark indices opened the week with a sharp gap-up and extended their gains through the following sessions. Consequently, the Nifty and the Sensex ended near their weekly highs, closing at 23,851.65 and 78,553.20, respectively….
READ MOREIndian equities bounced back with venom in the holiday-shortened week, which had just three trading sessions. The rally was mainly driven by the pause in reciprocal tariffs by US President Donald Trump. During the week, the benchmark Sensex gained over 4% and the resurgence spread even into the broader market. The surge in small caps…
READ MOREShares of HDFC Bank jumped 3.8% in Tuesday’s early trade to their day’s high of 1875 on the NSE after the lender announced a reduction in its savings account interest rate, bringing it to 2.75%, the lowest among large private sector peers. The bank has lowered the rate by 25 basis points, with the revised…
READ MOREBanks are expected to report yet another muted quarter, with Q4FY25 earnings taking a hit due to slower-than-expected loan growth and pressure on net interest margins. While the 25 bps rate cut in the February monetary policy by the Reserve Bank of India (RBI) is expected to show its impact, another 25 bps cut announced…
READ MOREIndian market is likely to trade lower on Tuesday, tracking muted global cues. The Nifty future closed negative with losses of 0.57% at 23,643 levels on Friday. On the options front, the maximum Call OI is placed at 24,500 and then towards 24,000 strikes while the maximum Put OI is placed at 23,500 and then…
READ MOREShares of Max Financial Services rose 2.5% in early trade to their day’s high of Rs 1,145.80 on the BSE on Thursday after a large block deal involving 35.8 lakh shares worth Rs 399 crore took place at Rs 1,112 per share. Max Ventures Investment Holding is likely to offload up to a 1.59% stake…
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