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Source: Live Mint Stock Market Outlook: Indian benchmark indices continued their recovery on Wednesday, November 27, buoyed by favourable political and geopolitical developments. The Sensex climbed 507 points during intra-day trading, reaching a high of 80,511.15, while the Nifty 50 surged over 160 points to touch 24,354.55. This momentum follows a 1.3 per cent gain…
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 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…
Source: Live Mint Indian stock market’s benchmark indices, Sensex and Nifty 50, rallied over 1% on Wednesday in response to the US election results 2024, which indicate a likely victory for Republican candidate and former President Donald Trump over Democratic candidate Kamala Harris. On Wednesday, the Sensex surged 901.50 points, or 1.13%, to close at…
Source: Live Mint The benchmark indices of the Indian stock market, Sensex and Nifty 50, are likely to open flat to negative on Thursday. Among global indicators, the US stock market finished lower on Wednesday. Among major US stock indices, Dow Jones finished 0.22 per cent lower, and tech-heavy Nasdaq corrected 0.56 per cent. The…
Source: Live Mint Muhurat Trading 2024: The The Indian stock market witnessed a significant correction in October. The benchmark indices Sensex and Nifty 50 have fallen more than 7% from their record highs last month. Nifty 50 is trading around the crucial level of 24,400 after witnessing a pullback rally from the recent lows ahead…
Source: Live Mint Indian stock market indices, Sensex and Nifty 50, are likely to open on a cautious note on Thursday tracking weak cues from global peers. The trends on Gift Nifty indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 24,540 level, a premium of nearly 60 points…
Source: Live Mint Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open on a muted note and remain volatile on Tuesday amid cautiousness over weak global market cues. Asian markets traded lower, while the US stock market ended mixed overnight, weighed down by rising Treasury yields. Markets are…
Source: Live Mint Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Friday tracking mixed cues from global markets and sustained FII outflows. The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 24,750 level, a discount of…
Source: Live Mint Indian stock market indices, Sensex and Nifty 50, are seeing extreme market volatility led by rising geopolitical tensions in the Middle East, a bumper 50 bps interest rate cut by the US Federal Reserve and the outcome of state elections in India. Brokerage firm PL Capital stated that the Nifty 50 is…
