sensex news: Sensex rises over 150 points, Nifty above 24,900 as traders eye key central bank decisions
Ahead of the US Fed meeting outcome tonight in which Jerome Powell will signal the timing and number of rate cuts expected in the next few months, Sensex opened Wednesday’s session around 150 points higher while Nifty crossed the 24,900-level as the 25,000 remained elusive. While traders are booking profits at higher levels, the expectation…
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Here’s how Digital Public Infrastructure (DPI) reforms will revolutionise stock market
The finance minister recently announced the implementation of Digital Public Infrastructure (DPI) in agriculture to cover farmers and their lands. This initiative is a part of the broader Digital India campaign, which is built on the foundation laid by the National Land Record Modernization Programme (NLRMP), now known as the Digital India Land Records Modernization…
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Sensex falls 1,500 points intraday, closes flat; caution over valuations
India’s equity benchmarks ended flat on Tuesday following a roller-coaster session as investors took concerns over the increase in taxes on stock market transactions in their stride. The Nifty ended 0.12%, or 30.20 points, lower at 24,479. The Sensex declined 0.09%, or 73.04 points, to 80,429. Money managers said the undertone will remain cautious owing…
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What does D-Street want from Budget 2024? Siddhartha Khemka answers; shares top picks
With the Union Budget scheduled on July 23, 2024, we expect it to be growth-oriented with focus on manufacturing, capex and infrastructure creation. The mandate of the BJP in NDA-II (starting FY25) is much stronger than during NDA-I. This was quite visible in the Cabinet allocation, wherein the BJP retained most of the high-profile departments…
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Asian stocks slip, while Australian index tracks Wall St rally to hit record
Asian stocks were mostly lower Wednesday even as investors wagered that the Federal Reserve will come ahead with a cut to interest rates, while Australia’s benchmark hit a new record. U.S. futures were mixed and oil prices were little changed. In Tokyo, the Nikkei 225 index gave up early gains to shed 0.4% to 41,095.23….
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Ahead of Market: 10 things that will decide D-Street action on Tuesday
Indian benchmark equity indices logged record closing highs on Monday, led by gains in state-owned companies, with mid-cap stocks also extending their record run after a strong start to the earnings season. The NSE Nifty settled 0.35% higher at 24,587, while the S&P BSE Sensex added 0.18% to end at 80,665. Both benchmarks have recorded…
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Tips and Strategies for Profitable Share Market Trading
Introduction Share market trading can be a lucrative venture if approached with the right strategies and knowledge. While there are no guarantees of making profits in the share market, there are certain steps you can take to increase your chances of success. In this blog post, we will explore some key tips and strategies that…
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