The Indian equity market ended last week with a loss of over 2.5%, weighed down by earnings moderation and persistent foreign outflows. As markets reopen on Monday, a mix of domestic and international events—including the Maharashtra election, FII flows, and global market dynamics—are likely to influence market movements. On Thursday, the Nifty 50 fell 0.11%…
READ MOREIndian stock exchanges BSE and NSE will remain closed for trading on Friday, November 15, on account of Guru Nanak Jayanti. This holiday will not be the only trading break in November. The exchanges will also remain shut on Wednesday, November 20, due to the Maharashtra Assembly General Elections. While BSE and NSE have declared…
READ MOREForeign Portfolio Investors (FPIs) have been net sellers of Indian equities at Rs 58,711 crore in October so far, wiping out a substantial portion of the overall inflows in 2024 in just 8 sessions. The total investments by them now stand at Rs 41,899 crore versus Rs 1,00,245 crore at the end of September. In…
READ MOREIndian benchmark equity indices fell sharply on Monday, with the Sensex dropping over 800 points and the Nifty slipping below the 26,000 mark, amid mixed cues from regional markets. The decline was led by index heavyweights Reliance Industries, IT, and financial stocks. The market capitalisation of all listed companies on the BSE fell by Rs…
READ MOREIndian equity markets scaled new highs in the month of September on the back of 50 bps rate cut by the US Federal Reserve, boosting the sentiments of investors that the easing cycle is here to stay. The markets clocked gains in three out of four weeks during the month. Benchmark Sensex rose 1.22% in…
READ MOREForeign investors have injected close to Rs 33,700 crore in domestic equities in this month so far primarily due to interest rate cut in the US and resilience of the Indian market. This also marks the second highest inflow in a month in this year so far, the last one being in March, when Foreign…
READ MOREAhead of the crucial US Fed meeting outcome tonight in which Jerome Powell is likely to kickstart the rate cut cycle, Dalal Street is adopting a cautious wait and watch mode. Sensex and Nifty opened on a flat note with profit booking seen in IT stocks. Oil and gas stocks were in focus as the…
READ MOREWith traders keeping their cards close to their chests as the two-day crucial meeting of the US Fed begins tonight, Sensex and Nifty opened on a muted note with buying seen in FMCG stocks. Britannia, Tata Consumer and HUL were trading 1% higher each while Tata Motors fell over 2% after 1.9 crore shares of…
READ MOREForeign investors infused nearly ₹11,000 crore in domestic equities in the first week of the month owing to resilience of the Indian market and expectations of rate cut in the US. Foreign Portfolio Investors (FPIs) have been consistently buying equities since June. Before that, they had pulled out funds to the tune of ₹34,252 crore…
READ MOREAmid weak global cues and lack of any favourable domestic news, Sensex ended a three-week-long winning streak with a loss of around 1.5% with Friday leading the downside momentum. Analysts say that due to lack of new market catalysts and elevated valuations, upside in the short term may be limited. “Q1 GDP growth has moderated,…
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