Over 100 smallcap stocks see double-digit fall in a week amid market correction
Domestic markets are in a correction phase with benchmark indices, Nifty and Sensex, falling around 10% from the peak. The weakness in second quarter results and sustained outflow of foreign funds weighed on the sentiments. During the week, as many as 103 smallcap stocks have delivered double-digit negative weekly returns with four of them falling…
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HDFC Bank, RIL lift Sensex over 100 points higher, Nifty above 24,550
Indian benchmark equity indices Sensex and Nifty50 opened marginally higher on Thursday, led by index heavyweights HDFC Bank, RIL, and IT stocks, amid in-line US inflation data boosted expectations of a Federal Reserve rate cut in December. The BSE Sensex was trading 111 points, or 0.14%, higher at 77,801. The Nifty50 was up 32 points,…
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Hopes of deep Fed rate cuts fading. What it means for Sensex, Nifty
As the markets were trying to digest the impact of a Trump presidency from next year, the US Federal Reserve went ahead with a 25 basis point rate cut as expected. While Nasdaq ended 1.5% higher, Sensex and Nifty were still looking for a direction amid consistent FII outflows and worries related to a sluggish…
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Trump trade going wrong? 6 reasons why Sensex, Nifty aren’t joining Wall Street party
The initial market euphoria surrounding Donald Trump’s victory in the US election fizzled out quickly on Thursday, as investors realized that a Republican sweep could have both positive and negative implications for Indian stock markets. The Sensex gave up all the gains made in the previous session, falling by over 900 points, while the Nifty…
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Sensex extends losses to 2nd session, drops over 150 points; Nifty below 24k mark
Domestic benchmark equity indices extended losses for the second consecutive day on Tuesday, following their steepest decline in a month the previous day, weighed down by index heavyweights HDFC Bank, Reliance Industries, and Infosys. The BSE Sensex fell over 150 points, or 0.23%, to 78,599.28, while the Nifty50 slipped 54.80 points, or 0.23%, to 23,940.55…
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Diwali spoiler: Sensex, Nifty ending October month with 4 bad signs
With rich valuations and slowing corporate earnings spoiling a festive October, Dalal Street is ending Diwali month as the worst one since 2020’s market crash during Covid amid record FII outflow that has crossed the Rs 1 lakh mark in the secondary market. “India has been underperforming in October with Nifty down 5.7%, when markets…
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This Diwali, dispel 3 evils and refresh your portfolio
Over the last 3-5 years, financial markets have delivered impressive returns, rewarding investors handsomely. Even portfolios that underperformed compared to benchmarks like the Sensex or Nifty likely still outpaced other asset classes. Indian stock markets posted strong gains, with Nifty 50 and Sensex delivering 11-12% annualized returns over 5 years and 15-16% over 3 years….
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Big movers on D-Street: What should investors do with ITC, ACC and Adani Wilmar?
Benchmark indices Sensex and Nifty edged lower on Thursday, extending their losing run to the fourth straight day on disappointing earnings and unabated FII outflows Stocks that were in focus include names like ITC, which fell 2%, ACC, which rose 0.2%, and Adani Wilmar, whose shares jumped nearly 6% on Thursday. Here’s what Ameya Ranadive…
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F&O Radar| Deploy Bear Put Spread in Nifty to gain from bearish stance, market volatility
The Nifty Index opened flattish on Tuesday but bears were in full control right from the beginning of the session. The selling intensity increased in the second half and the index broke 24,450 zones. It formed a bearish candle on a daily frame and closed below 24,500 zones with losses of around 310 points. βNow,…
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Sensex jumps over 150 points, Nifty tops 24,826; banks lead gains
Indian benchmark equity indices Sensex and Nifty50 opened marginally higher on Tuesday, amid weak global cues, driven by gains in index heavyweights ICICI Bank, Infosys, and Reliance Industries. The BSE Sensex rose 171 points, or 0.21%, to 81,323, while the Nifty50 gained 45 points, or 0.18%, trading at 24,826 at around 9:19 am. From the…
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