Despite numerous tries throughout the past month, Bank Nifty has not yet crossed its all-time high of 44,151.80. As the monthly derivatives expiry nears, it has been range-bound and aimless for the past several sessions, which has worried investors. While the Bank Nifty’s growth has been restrained by the failure of large US and European…
Market ended higher for the fourth consecutive week and rallied more than 1 percent in the week ended November 11 on the back of a strong comeback by global markets after lower-than-expected U.S. inflation data, continued FII support, rising rupee. For the week, BSE Sensex gained 844.68 points or 1.38 to end at 61,795.04, while…
Indian equity benchmark indices closed 1% lower for the week ended July 15 amid volatility, weak GDP data, and rising global inflation, which fueled the fears of a further rate hike by central banks across the world. However, reduced FIIs selling, lower crude oil prices, and a good monsoon provided some support to the market. During the…
The Indian equity benchmark indices are down nearly 2 percent in a highly volatile week ended April 22. The mixed earnings by corporates, rising bond yields, Russia-Ukraine crisis, high inflation and expectation of aggressive rate hike by the U.S. Fed in May dampened the investor’s view. For the week, Nifty50 fallen 303.65 points (1.73%) to end…
Markets saw profit bookings during today’s trade, closing its lows after a major short cover rally during the last two trading sessions. Both the Nifty and the Bank Nifty index closed 2 0.2% lower. Reliance Industries was one of the best performers, contributing to the majority of the Nifty’s losses, closing 3 1.3% after the…
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%….
Asian stocks stumbled on Wednesday, leaving early gains and investors worried that the fast-spreading coronavirus variant could hamper global economic recovery as the dollar remained stable. But European stock markets were set to open slightly higher following a sharp fall earlier in the week, ahead of a European Central Bank meeting on Thursday, which is…
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….
Domestic markets saw a big sell-off as key indices traded in negative territory throughout the day. The bank had downgraded the second Nifty index by 7 0.7% for the second consecutive trading session, with both indices falling 2% / 1.2% respectively. Midcap shares continued to trade with gains of% 10% on shares such as BSE,…
