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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Bank stocks, NBFCs rally up to 4% after RBI changes policy stance
Shares of rate-sensitive stocks – banks and NFBCs – rallied up to 4% on Wednesday morning after the Reserve Bank of India (RBI) changed its policy stance to ‘neutral’ from ‘withdrawal of accommodation’ earlier. Led by gains in financials, the Sensex also jumped 500 points. The change in stance is being seen as a step…
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Stocks to buy today: Infosys, Hindalco among top trading ideas for 17 September 2024
Indian market is likely to trade higher on Tuesday tracking positive global cues. The Nifty future closed in green with a gain of 0.25% at 25,434 levels on Monday. India VIX was down 0.71% from 12.55 to 12.46 levels. On the options front, the maximum Call OI is placed at 26,000 and then towards 25,400…
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