Sensex crashes over 4,000 points this week, Nifty 50 falls below 200 DEMA; 5 factors driving Indian stock market down | Stock Market News

Sensex crashes over 4,000 points this week, Nifty 50 falls below 200 DEMA; 5 factors driving Indian stock market down | Stock Market News

Source: Live Mint Sensex crash: The Indian stock market ended the current week with hefty losses. The benchmark Sensex plunged over 4,000 points, while the Nifty dropped below its 200-day exponential moving average (DEMA) of around 23,700. On Friday, December 20, the Sensex dropped 1,343 points to the day’s low of 77,874.59 and the Nifty…

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Stock market crash: Sensex tanks over 4000 points this week. Can Nifty 50 save 23,250 support or more pain ahead? | Stock Market News

Stock market crash: Sensex tanks over 4000 points this week. Can Nifty 50 save 23,250 support or more pain ahead? | Stock Market News

Source: Live Mint Stock market crash: Following the hawkish US Fed outlook on the interest rate cut and FIIs’ selling, the Indian stock market snapped its four-week winning streak. The key benchmark indices erased their four-week gains in the week gone by. The Nifty 50 index slipped from 24,768 to 23,587, logging a weekly loss…

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Initiate fresh long positions only if Nifty 50 decisively breaches 24,500 level, says Ravi Singh of Religare Broking | Stock Market News

Initiate fresh long positions only if Nifty 50 decisively breaches 24,500 level, says Ravi Singh of Religare Broking | Stock Market News

Source: Live Mint Expert View: Dr. Ravi Singh, SVP- Retail Research, Religare Broking believes the current market outlook appears unpromising for the next few months, with potential positive momentum likely only after January 15, 2025. He advised initiating fresh long positions only if the Nifty decisively breaches the 24,500 level, as this could indicate the…

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Stock market crash: Prabhudas Lilladher cuts Nifty 50 year-end target to 27,381, recommends ‘buy on dips’ for long term | Stock Market News

Stock market crash: Prabhudas Lilladher cuts Nifty 50 year-end target to 27,381, recommends ‘buy on dips’ for long term | Stock Market News

Source: Live Mint Stock market crash: Amid the current stock market correction, domestic brokerage Prabhudas Lilladher has cut domestic equity benchmark Nifty 50’s year-end target to 27,381 amid the current stock market correction. According to analysts, Indian markets are on course but headwinds are yet to peak out.  “The firm has cut its base case…

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FPIs return to Indian stock market after 36-day selling streak; is the trend sustainable? | Stock Market News

FPIs return to Indian stock market after 36-day selling streak; is the trend sustainable? | Stock Market News

Source: Live Mint Foreign portfolio investors (FPIs) made a notable return to Indian equities, ending a 36-session selling streak with net purchases exceeding ₹10,000 crore over two days. After turning net buyers on Monday, November 25, FIIs continued their buying trend on November 26, shows data from NSDL.  This shift in sentiment coincided with two…

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Another 5-10% correction likely before market stabilises, says Abhijit Bhave of Equirus Wealth | Stock Market News

Another 5-10% correction likely before market stabilises, says Abhijit Bhave of Equirus Wealth | Stock Market News

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…

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Stocks to buy: JM Financial cherry picks 39 stocks amid FII-led stock market crash | Stock Market News

Stocks to buy: JM Financial cherry picks 39 stocks amid FII-led stock market crash | Stock Market News

Source: Live Mint Stocks To Buy: The Nifty 50 has seen a sharp correction, falling almost 11 per cent from its September 2024 peak, driven primarily by sustained outflows from foreign institutional investors (FIIs) and concerns over underwhelming corporate earnings. Amid this market volatility, brokerage firm JM Financial has identified 39 stocks—spanning large-cap, mid-cap, and…

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Stock market crash: Nifty 50 nosedives 10% from record high. Can it reclaim 26K by year-end? | Stock Market News

Stock market crash: Nifty 50 nosedives 10% from record high. Can it reclaim 26K by year-end? | Stock Market News

Source: Live Mint Stock market crash: The Indian stock market benchmark Nifty 50 broke its seven-session losing streak on Tuesday, 19 November, closing 0.28% higher at 23,518.50. However, the index gave up most of the gains it made earlier in the session. Despite ending in the green, it remains approximately 10.5% below its record high…

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