Indian stock market’s Nifty has shown a bullish trend, closing positively for seven consecutive days. Synopsis Nifty’s seven-day winning streak signals bullish momentum, supported by strong base formation around the 24,000–24,200 range. Despite a spike in INDIA VIX, the index rebounded, closing near its high. Experts recommend a Bull Call Spread strategy for monthly expiry,…
READ MOREIndian benchmark indices Sensex and Nifty ticked higher on Tuesday, as the Reserve Bank of India’s (RBI’s) liquidity-enhancing measures helped counter weak global cues triggered by U.S. President Donald Trump’s continued criticism of the Federal Reserve chair Jerome Powell. The BSE Sensex was up 205 points, or 0.26%, at 79,613, while the Nifty50 rose 52…
READ MOREIndia’s benchmark indices extended their winning streak to five sessions on Monday, supported by a weaker U.S. dollar and strong earnings from heavyweight lenders ICICI Bank and HDFC Bank, both of which hit record highs, boosting investor sentiment across the banking sector. The benchmark BSE Sensex gained 855.30 points or 1.09% to close at 79,408.50,…
READ MOREThe Indian stock market has had a wild ride in 2024 with the headline indices Sensex and Nifty flipping up and down. The market began the year on a subdued note, but then spiralled downwards reacting to announcements from Donald Trump. But then, that is not all. There were also short rallies in between, again…
READ MOREElevated levels of Dalal Street’s fear gauge, India VIX, suggest that caution is still lurking and making it tougher for Nifty to zoom past 23,000, says Anand James, Chief Market Strategist, Geojit Financial Services. Edited excerpts from a chat: Nifty saw sharp swings on both sides last week as Trump’s tariff-related news flow made it…
READ MOREForeign Institutional Investors (FIIs) extended their selling spree on Friday for the 9th successive session taking the monthly outflows to Rs 31,575 crore. They have been sellers in each of the previous three months and have offloaded domestic shares worth Rs 1,48,149 crore. FIIs sold domestic equities worth Rs 78,027 crore in January and followed…
READ MOREClawing back almost all the ground lost during the tumultuous week, the Sensex on Friday surged up to about 1,500 points while Nifty came close to crossing the 22,900-level in a short-covering rally in which traders adjusted their portfolios to play catch-up with global markets after Thursday’s market holiday. The trigger? US President Donald Trump’s…
READ MOREEven as Trump’s tariff tantrums dominate headlines, the biggest storm brewing for Dalal Street might not be coming from Washington—but from India Inc’s balance sheets. And unlike policy tweets, poor profits have a longer shelf life. The March quarter earnings season kicks off tomorrow, a market holiday though, with IT bellwether TCS announcing its numbers,…
READ MOREMonday witnessed a dramatic selloff in the Indian stock market, with the Nifty falling over 3% and the BSE Sensex shedding a staggering 2,200 points. This sharp decline was triggered by escalating fears of a full-blown global trade war and growing concerns about a potential US recession, mirroring a broader global market downturn. The sell-off…
READ MOREBenchmark Nifty 50 ended over 1.5% higher on Tuesday, rebounding from the previous session’s sharp selloff, as bargain hunting and a broader recovery across Asia lifted sentiment amid hopes of U.S. tariff negotiations. The rally also comes ahead of the Reserve Bank of India’s policy decision on April 9, with expectations of a 25 basis…
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