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Source: Live Mint Expert view: Santosh Pandey, President and Head of Nuvama Professional Clients Group, believes the Indian stock market may see a Santa Claus rally, but it seems unlikely that the benchmark index Nifty 50 will reclaim the 26,000 mark by the end of the year. Talking to Mint, Pandey also shared his views…
Source: Live Mint Stock Market today: The domestic benchmark indices, Sensex and Nifty 50, opened slightly higher on Wednesday following a three-day winning streak. Traders are anticipating gradual market movements ahead of the domestic central bank’s interest rate decision later this week. Sensex climbed 190.47 points to 81,036.22 in early trade; Nifty 50 was up…
Source: Live Mint The Nifty 50 fluctuated widely in November, driven by concerns over stretched valuations, weak performance by Indian Inc in Q2 and persistent selloffs by foreign investors, causing the index to oscillate consistently between gains and losses. The uncertainty was further exacerbated by global economic headwinds, including rising tensions between Russia and Ukraine,…
Source: Live Mint The Indian stock market extended its gains for the second consecutive week amid volatility, initially driven by robust investor sentiment and renewed buying following the decisive victory of the BJP-led NDA in the Maharashtra assembly elections—a state of significant economic importance. In the first week of December, investors will closely monitor key…
Source: Live Mint The Indian stock market snapped its two-week losing streak on a high note, offering relief after weeks of correction. Yet, this came after navigating a highly volatile week marked by geopolitical tensions and renewed concerns surrounding the latest bribery and fraud charges against the Adani group. In the last week of November,…
Source: Live Mint Stock market today: Domestic equity benchmarks Sensex and Nifty 50 posted their best session since early June on Friday, November 22, snapping a two-week losing streak. Easing worries about credit risks from exposure to Adani Group stocks lifted heavyweight financials. Market heavyweights Reliance Industries, Infosys, and Tata Consultancy Services (TCS) also lifted…
Source: Live Mint Indian equities are expected to remain resilient to global macroeconomic challenges such as a stronger US dollar, shallower easing in emerging markets, and potential US tariff hikes on China, according to Goldman Sachs’ latest report. Despite this external immunity, domestic economic growth has been cyclically slowing. Goldman Sachs projects India’s GDP growth…
Source: Live Mint The Indian stock market, after smashing many record peaks this year, is facing consistent selling pressure and has now slipped into a correction phase after being in consolidation. Due to several domestic and global triggers, bears are dominating bulls on D-Street and the overall sentiment will likely stay muted in the next…
Source: Live Mint The Indian stock market logged its sixth weekly loss in seven weeks, as worries about a slowdown in consumption added to concerns over earnings moderation and foreign outflows. Domestic equity benchmarks Sensex and Nifty 50, after smashing many record peaks this year, slipped into a correction mode, with the indices falling 10…
Source: Live Mint The Indian stock market continued to consolidate for another week, losing over half a per cent, signalling the continuation of a corrective phase. The week began cautiously due to concerns ahead of the US Presidential elections, followed by a brief mid-week recovery after the poll results. The gains could not hold, reflecting…
