The broader market displayed a mixed trend, with the BSE Midcap index remaining rising 0.3 percent while the BSE Smallcap index declined 0.7 percent. March typically sees lower investment activity as investors focus on financial year-end obligations, further limiting buying interest. The Sensex and Nifty closed flat on March 3, after falling over half a…
Foreign investors have sold $25 billion worth of Indian equities since the end of September, with $4.1 billion exiting in February alone. While domestic institutional investors have provided some support, inflows are slowing. India’s NSE Nifty 50 saw its fifth consecutive monthly decline, marking its longest losing streak since 1996. The index is now…
In the current session, Sensex gained 10 pts to 74,612 and Nifty slipped 2.5 pts to 22,545. Nifty closed at a nine-month low today, its lowest level since the close of 21,884 on June 4. The benchmark Nifty50 closed lower for the seventh straight session on Thursday, dimming hopes of a recovery led…
The monthly options data indicated that the Nifty 50 is likely to face resistance at 22,700 and see support at 22,500 in the upcoming monthly F&O expiry session scheduled on February 27. The Nifty 50 closed flat with a negative bias after rangebound trading on February 25. The index continued its downward move for the…
There is ‘meaningful upside’ in Indian equities amid ‘less demanding’ valuations, Citi said in a note. Citi upgrades India to ‘Overweight,’ sees Nifty hitting 26,000 by year-end Citi has upgraded India to ‘Overweight’ from ‘Neutral’ in its latest research report, citing attractive valuations, improving consumption trends amid tax cuts and potential 50 bps rate cut.…
NSDL and CDSL, in partnership with SEBI, have introduced the Unified Investor Platform mobile app for investors to effectively oversee their portfolios in the capital markets. The National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL), in collaboration with the Securities and Exchange Board of India (SEBI), have launched the Unified Investor…
The BSE Sensex stood at 75,352.10, down 383.86 points or 0.51 per cent. Nifty fell 118 points or 0.51 per cent to 22,795.25. Benchmark stock indices Sensex and Nifty fell in Friday’s trade, in line with the selloff in US stocks overnight. The slide in US equity benchmarks was triggered by data showing a surprise…
Concerns over sluggish earnings growth, premium valuations, and uncertainty surrounding U.S. trade policies fueled the sell-off. India’s benchmark indices, Sensex and Nifty, ended marginally lower for the third session on February 20, dragged lower by financial stocks as global trade tensions weighed on investor sentiment. Concerns over sluggish earnings growth, premium valuations, and uncertainty…
Gains in heavyweight financials offset losses in pharma stocks, which fell after U.S. President Donald Trump’s tariff threats. While the pharma tariffs could impact sentiment in the short to medium term, analysts believe the effect may not be long-lasting. Sensex and Nifty ended flat for the third session in a row ahead of the FOMC meeting…
Market crash: Sensex ended 29 pts lower at 75,967 and Nifty closed 14.20 pts lower at 22,945 on Tuesday. The minor correction in the current session comes after a day of gains preceded by eight sessions of losses. The ongoing correction dragged the market cap of BSE-listed firms below Rs 4 lakh crore (on…