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Source: Live Mint Indian stock market: After a massive correction in the last one month, Indian benchmark indices showed signs of a rebound. Both Sensex and Nifty 50 extended gains to the second straight session on Monday, November 25 on the back of the BJP-led NDA’s landslide victory in the state elections in Maharashtra. In…
Source: Live Mint Stock Market Today: The benchmark Nifty 50 index and S&P BSE Sensex ended with around 1.5% gains during the week ending 22 November, providing relief to investors. Nifty Bank too followed suit ending at 51,135.40, while Auto, Realty FMCG were key gamers. Broader indices also ended with gains. Trade setup for Monday…
Source: Live Mint Buy or sell: The Nifty Index ended the week at 23,907, firmly holding above the critical support level of 23,000. Despite facing adverse global news, such as the ongoing Russia-Ukraine war and the Adani bribery case, the Nifty managed to maintain its position above 23,000, showcasing resilience in the face of market…
Source: Live Mint Stock Market News: In the last trading session of the week (Friday, 22 November), the domestic benchmark indices, Sensex and Nifty 50, recovered from earlier losses, buoyed by encouraging global cues. Strong indications from the US labor market and positive sentiment across various Asian markets contributed to this turnaround. By the end…
Source: Live Mint Maharashtra Election Result: As the BJP-led NDA is poised for a landslide victory in Maharashtra, experts have started mulling its impact on the Indian stock market when it resumes trade activity on Monday. NDA’s victory in the Maharashtra Assembly Election would positively impact investors, expecting investors to switch strategy from defensive to…
Source: Live Mint Market experts believe that while the Russia-Ukraine war will disrupt short-term trends in the markets, it is not expected to lead to a market crash. Currently, India is in a challenging position, caught between foreign institutional investors (FIIs) selling and geopolitical tensions, compounded by disappointing quarterly earnings. The Russia-Ukraine war has intensified,…
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 Breakout stocks to buy or sell: Despite renewed tension in the Russia-Ukraine war, the Indian stock market ended the worst losing streak of 7 day fall in over 20 months on Tuesday. The Nifty 50 index added 64 points and closed at the 23,518 mark, the BSE Sensex gained 239 points and…
Source: Live Mint Expert View: Abhijit Bhave, Managing Director and CEO, Equirus Wealth believes a 5-10% correction from current levels might be a fair expectation for stabilisation in the market. A strong earnings report card in the December quarter is what might bring some sense of relief in the market, he noted. Bhave also believes…
Source: Live Mint Indian investors are facing a challenging time as both major asset classes, equities and gold, are undergoing a selloff. Indian stock market benchmark, Nifty 50, is down 10.5 per cent from its record high of 26,277.35. On the other hand, MCX Gold for December 5 expiry is down 5.3 per cent from…
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