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Source: Live Mint There is a spring in the step of Indian consumer-related companies after the budget 2025’s proposal to make income up to ₹12 lakh tax-free under the new tax regime. With more disposable income in the hands of millions of taxpayers, the expectation is that consumers would be encouraged to spend more on…
Source: Live Mint Buy or sell stocks: The Indian stock markets closed in the green for the fourth consecutive session as hopes over the government continuing to invest in the nation’s capex rise among stock market investors. The Nifty 50 index closed 1.11 per cent higher at 23,508.40 points, compared to 23,249.50 points. The BSE…
Source: Live Mint (Updates for markets close) Jan 31 (Reuters) – India’s equity benchmarks rose on Friday on investor optimism a day ahead of the federal budget, but the Nifty 50 ended January with its longest monthly losing streak in over 23 years, hit by hefty foreign sales and concerns over corporate earnings in a…
Source: Live Mint However, due to the monthly F&O expiry, the index witnessed some volatility and closed near the day’s high at 23,249.50. As a result, the index formed a bullish candle with a higher-high and higher-low price structure. Barring FMCG, all major sectoral indices closed higher. The broader market participated in the rally as…
Source: Live Mint Budget Technical Outlook: As the Union Budget 2025 approaches, volatility remains a key concern. According to Motilal Oswal Financial Services (MOSL), the index has been forming lower highs and lower lows on monthly and weekly charts, witnessing a sharp correction of around 3,500 points from 26,277 to 22,786 over the last four…
Source: Live Mint Stock Market today: The domestic benchmark indices, Nifty 50 and Sensex, opened cautiously on Thursday due to monthly expiry and pre-budget volatility, which left investors feeling unsettled. The Sensex started off 43.69 points lower at 76,489.27, while the Nifty 50 experienced a slight decline of 5.30 points, opening at 23,157.80. Notably, despite…
Source: Live Mint Stock Market Today: Indian markets closed higher for the second consecutive trading session on Wednesday, January 29, driven by strong buying in IT and banking stocks. Additionally, value buying in the broader market contributed to the positive momentum. The Nifty 50 ended 213.50points higher, or with a 0.93% gain, at 23,170, while…
Source: Live Mint Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open higher on Wednesday following a rally in global equities. Asian markets gained, while the US stock market ended higher overnight amid a rebound rally led by technology stocks. The US Federal Reserve will announce its…
Source: Live Mint Nifty 50 on 27 January: A recap The Nifty 50, India’s benchmark index, extended its losing streak for a second consecutive session on Monday, 27 January, closing below 22,829.15. The index opened the day with a gap-down at 22,940 and remained range-bound between 22,786 and 23,007. The broad-based selloff was driven by…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Monday, tracking weakness in global markets. The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 22,932 level, a discount of nearly 180 points from…
