Fri, Mar 29, 2024
Further, April 1 is a clearing or settlement holiday in lieu of the annual bank closing. As a result, while you can trade as usual on April 1, 2024 (the next trading session), the settlement of securities or funds will not be possible on that day.
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Tue, Mar 26, 2024
Stock prices of consumer firms selling soap, hair oil and refrigerators are seeing double-digit gains but are still lagging benchmark Indian stock indexes as low income growth and volatile inflation hurt demand for everyday goods.
Fri, Mar 08, 2024
The 30-scrip index gyrated in a range of more than 1,650 points during the course of the week, while the Nifty50 largely moved within the 22,050-22,525 band. Financial stocks led the gains on Dalal Street, with index heavyweights SBI and HDFC Bank leading the charge with gains of 1-2 per cent, whereas spaces such as IT and realty remained under pressure.
Mon, Dec 20, 2021
The market is likely to remain volatile on Monday over the remaining session, tracking weak global cues, but there will likely be stock-specific action in which global brokerage firms tweaked their rating or target price.
Correction in Nifty50 contines even on Monday carrying from the last week's market plunge. The 50-share index has fallen by over 9% from the recent high of 18604 recorded in October 2021 as on 17 December
In the pre-open, the Sensex started nearly 500 points lower as only two shares advanced, while six declined and 22 traded in the negative.
The Indian market on Friday closed lower amid relentless selling from the Foreign Institutional Investors (FIIs), weak global cues and Omicron fear. The Sensex and the Nifty both corrected over 1.50 per cent.
Amid negative global markets, foreign institutional investors (FIIs), sentiment, positive domestic institutional investors (DIIs) and future & options (F&O) cues, the short-term trend of the Indian stock markets will be negative on Monday, December 20, 2021.
At the stock markets, the S&P BSE Sensex slumped 889 points, or 1.54%, to end at 57,012, on Friday, December 17, 2021.
Amid weak global cues, the Indian markets concluded Friday’s session on a lower note, as Sensex and Nifty50 witnessed heavy selling pressure and each was down by over 1.5 per cent.
Fri, Dec 17, 2021
Amid the massive selling pressure, the Indian markets closed Friday’s session on negative note a day after positive closing on Thursday. The Sensex fell around 1000 points from day’s high, while the Nifty50 gave key sentiment support of the 17000-mark at the market close.
Indian benchmarks were trading in the red with major losses in the noon deals of Friday, December 17, 2021. At 1:01 pm, the S&P BSE Sensex was trading 653.99 points, or 1.13%, lower at 57,247.15.
The US Federal Reserve normalisation, including the faster tapering of quantitative easing (QE) and rate hikes, can impact the Indian markets in multiple ways, Dhananjay Sinha, Managing Director & Chief – Strategist, JM Financial Institutional Securities said in an interview.
The accent on infrastructure will continue to be high, and there could be some major announcements in this regard. The disinvestment plan is likely to become clear in the near future and the glide path to fiscal consolidation also is eagerly awaited, Dr. Joseph Thomas, Head of Research at Emkay Wealth Management said.
Canara Bank rallied by about 70 per cent in the last 1 year compared to 26 per cent rise seen in the Nifty50 but the PSU bank lost momentum in November when shares fell over 20 per cent from the high.
The markets are likely to remain volatile on Friday tracking muted global cues, but there will be stock-specific action in which global brokerage firms tweaked their ratings.
Headline indices Nifty50 and Sensex started Friday's session at 58,021.63 and 17,276.00, respectively, even as the IT shares lent support to the indices amid volatility in the market.
Amid neutral global markets, future & options (F&O), negative foreign institutional investors (FIIs), positive domestic institutional investors (DIIs) and cautious sentiment cues, the short-term trend of the Indian stock markets will be negative on Friday, December 17, 2021.
Snapping four days losing streak, the Indian markets closed with marginal gains on Thursday. The surge was largely led by IT shares. Domestic equity benchmarks the Sensex and the Nifty ended 0.20% and 0.16% higher in the Thursday's closing.
Indian market snapped a four-day losing streak on Thursday supported by gains in IT, energy, consumer durables, and oil & gas stocks.
Indian stock markets snapped four days of losses on Thursday, December 16, 2021, and ended on a positive note.
Amid choppy trade, the Indian markets concluded Thursday’s session on a higher note as the Sensex gained by 133 points and Nifty50 settled near 17250-mark, led by IT stocks.
Thu, Dec 16, 2021
As the foreign institutional investors (FIIs) continue with their selling spree and the rupee remains weak, Zee Business Managing Editor Anil Singhvi on Thursday spoke to market expert Ajay Bagga and tried to understand the reasons behind this trend
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