In the midst of a strong U.S. dollar abroad on Thursday, the rupee gave up all of its early gains to end the day 10 paise worse at 81.84 (provisional). The robust sentiment on the domestic stock market, according to forex traders, limited the rupee’s decline. The local unit started out at the interbank foreign…
In a very volatile week that concluded October 7 amid mixed global cues and a falling rupee, the market rallied with a more than 1% gain, snapping a three-week losing skid. The Sensex added 764.37 points, or 1.33 percent, to 58,191.29, while the Nifty50 gained 220.3 points, or 1.28 percent, to 17,314.65 at the close…
The market stretched gains for the third week ended June 3 after the corporate earnings season, supported by positive global cues and good updates on monsoon progress. In the coming week, the market is expected to continue its uptrend amid volatility and monetary policy meeting but anything negative on the global front could spoil the…
This week Nifty50 gained 113 points closed at 17,784. BSE Sensex up 170 points closed at 59,447. HDFC-HDFC Bank merger announcement, Fed’s interest rate hike, RBI Monetary policy makes the market highly volatile and the benchmark indices closed marginally higher in the first week of April. Small-cap Index: Top Gainers: Swan Energy, Shree Renuka Sugars,…
Markets saw the biggest short cover in today’s trade as the weekly code call custom writers ran for the cover. The Nifty Bank surpassed the Nifty index by 0.5%, with both indices ending intraday highs at 25 1.25% / 0.75% respectively. Midcap shares such as Arvind Fashion (Hisar) ended with a gain of% 15% -20%….
As it is another day, Talal continues to take control of the street and continues to lose selling pressure on weak global notes and financial stocks. With the exception of FMCG and IT, most major sector indices today are traded with finance, metals, and realty. Moreover, another reason for the fall in the market is…
The SGX Nifty is at 15,721.20, down 40.10 points. The Nifty has seen its worst fall in more than 2 months as weak global notes, the strong US and foreign investor ETF selling have exacerbated the weakness. Bank Nifty was the main culprit as HDFC, IndusInd, and Axis Bank fell 2% after seeing selling pressure….
Markets saw a positive day of trading, with key indicators setting new long-term levels throughout the day. Bank Nifty surpassed the Nifty index by 3 0.3%, with both indices up 0.7% / 0.4%. Shares of Sofa Developers, Prestige Estate, DLF & Oberoi Realty Ltd closed higher by 4% as the Nifty Realty Index closed higher…
The SGX Nifty is at 15,878.20, up 20.15 points. The Nifty had a positive day after a volatile day as lost Asian markets closed in the red. It closed 1 month high again in the style of IT stocks. In fact, both public sector companies and auto saw profit bookings because IT stocks have made…
Markets saw a turbulent trading day, with frantic selling across the board seen throughout the day. Bank Nifty cut the Nifty 3 by 0.3% and both indices fell ~ 1.3% / 1%. Bank heavyweights topped the list as shares of ICICI Bank, Axis Bank, Kotak Bank, and SBI were unaware of long positions. The Nifty…
