Benchmark indices rose for the second straight session, buying interest was seen in the bank, and metal stocks were seen selling pressure on selected FMCG stocks in a different way. The improved prospect of credit growth along with the improved outlook for credit also led to the resumption of banking stocks. The S&P BSE Sensex…
Markets saw a positive trading day as bank buying was seen throughout the day, with the Bank Nifty index surpassing the Nifty index 1 0.1%. Both codes were completed in green. The Nifty ID Index is one of the best performings with 3% higher closing, adding new long positions with shares such as TCS, HCL…
The SGX Nifty is at 15,768.80, up 74.80 points. The Nifty had a weak session the day before the derivation of contracts expired, with foreign investors booking profits and expiring between 15,700-15,800. As investors see more traction in smaller and midcap stocks, midcap gains are expected. More volatility is expected today as markets are being…
The SGX Nifty is at 15,882.20, up 125.20 points. The Nifty had a very volatile session, with the Sensex hitting a new all-time high, reaching the big milestone of 53000. The Nifty came into the 15900 whistles hitting 15900 before booking a profit in the last hour and all gains were wiped out as the…
Markets saw a volatile day of trading as the board weighed the profit margin during the final trading session. The Nifty index outperformed the Bank Nifty by 0.5%, the previous close was slightly higher and then closed in the red. The Nifty Auto Index closed 1.25% higher among the best performers, while Maruti Suzuki topped…
The SGX Nifty is at 15,844.50, up 95.65 points. The Nifty had a very volatile session as the morning notes were very weak globally, with the Japanese Nikkei falling over 1000 points, reaching the index number 15505 in early trading. However, the mid-session buy / short cover index recovered all losses and rose by 70…
Airtel for Tata’s O-Ron based network solution Reliance Jio is partnering with Bharti Airtel to launch 5G network solutions for India to build its own 5G telecommunications network based on open source technologies. The Tata Group has developed an O-Ron-based Radio & NSA / SA core and integrates a domestic telecommunications hierarchy to enhance team…
Markets saw a volatile day of trading as the pendulum swung. Both the Bank Nifty and the Nifty index closed around their highs, recovering their first-half losses in the second half of trading. Shares of the bank topped the list with shares such as SBI, ICICI Bank, and HDFC Bank. The Nifty PSU Bank Index…
In 2023, the U.S. Asian stocks extended losses for the week as investors digested feedback from the Federal Reserve’s plan rate hike. Treasury yields were high and the Green Pack was nearing a two-month high on Friday. While the central bank press release did not show a clear end to pro-policy measures such as bond…
The SGX Nifty is at 15,768.50, up 87.55 points. Foreign broad investors turned sell-offs as US weak global markets and strong Nifty closed on the 2nd day. Metals, banks, and industrial stocks saw selling pressure, while IT & FMCG gained. The fall in bond yields today is well suited for banks that can be seen…
