In the week ending September 1, the market ended a five-week losing trend with solid gains. The benchmarks were under pressure due to conflicting global cues, weak monsoons in August, and rising crude oil prices; nevertheless, positive investor sentiment was buoyed on Friday by solid GDP and Manufacturing figures. The Nifty50 began the month of…
On Friday, Indian shares fell for the second consecutive day as a result of persistent profit-taking and a general decrease after the Reserve Bank of India hinted that tighter monetary conditions would linger. The benchmark S&P BSE Sensex dropped 0.35% to 62,625.6 while the blue-chip Nifty 50 closed 0.38% lower at 18,563.40. The benchmarks maintained…
In an effort to increase derivative trading at the country’s leading market, BSE on Monday relaunched the Sensex and Bankex derivative contracts. According to BSE, the relaunch of derivative products includes a smaller lot size for futures and options, as well as an earlier Friday expiry cycle. Derivatives are regarded as high-risk, high-reward financial tools…
The rupee declined for the second consecutive day, losing 7 paise to 82.16 against the US dollar on Friday as investor confidence was dampened by a strong foreign dollar. However, dealers indicated that a rising trend in domestic equities and unabated foreign capital inflows helped to soften the decline. The rupee’s intraday high against the…
After numerous U.S. banks crashed and FII unloading resulted, the market saw strong selling for the second consecutive week ending March 17 amid negative global cues. The second part did experience some recovery, though, as a result of financial aid provided to U.S. banks, a decline in the price of crude oil, and predictions that…
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…
