Domestic brokerage firms Kotak Institutional Equities do not find much value in most parts of the market despite the recent sharp correction in the market. Domestic equity markets have been witnessing relentless sell-off with benchmark indices falling nearly 12 per cent from their 52-week highs, while the broader markets indices- BSE midcap index and…
Broader indices also witnessed a similar trend wherein midcap managed to close with modest gains while smallcap closed flat. Sensex and Nifty ended their eight-day losing streak on Monday as fag-end buying helped markets recover from intraday losses, driven by value buying in blue-chip stocks. Sensex climbed 57.65 points or 0.08 percent to close at 75,996.86.…
The pain was much deeper in the broader market as Nifty Smallcap 100 and Nifty Midcap 100 tumbled 3.55 per cent and 2.41 per cent, respectively. Domestic benchmarks continued their losing run for the eighth consecutive trading session on Friday as all sectoral indices dragged. The pain was much deeper in the broader…
The weekly options data indicated that the Nifty 50 may remain in the range of 22,500-24,000, with an immediate hurdle at 23,200-23,400 on the higher side. The Nifty 50, as expected, rebounded to near 23,250 intraday, but the sell-on-rise strategy remained at the forefront, which resulted in wiping out all those gains and closing flat…
Sensex has declined by 2,412.73 points or 3.07 percent, while the Nifty has lost 694 points or 2.92 percent, since February 4. Sensex, Nifty remained volatile in trade on February 12 after five consecutive days of decline, ultimately ending flat amid mixed cues. Benchmark indices Sensex and Nifty witnessed sharp intraday volatility on Wednesday, reversing…
From Donald Trump’s tariff imposition to continued FII selling, here are key reasons for the market crash on February 11, 2025 Indian equities slumped in trade on Tuesday, February 11, 2025. The BSE Sensex crashed 1,281 points or 1.65 per cent and logged an intraday low at 76,030.59. Meanwhile, the National Stock Exchange (NSE) Nifty breached…
The FM said that the main goals of the Budget are to accelerate growth, invigorate private investment, promotion of MSMEs, employment led development. Finance Minister Nirmala Sitharaman quoted former RBI governor Raghuram Rajan to explain the fall in the value of the rupee. She said that the currency volatility across major countries is reaqlly extensive…
Shares of Indian metal companies, particularly steel stocks, took a sharp hit in trades on Monday after the US President Donald Trump threatened a 25 per cent tariff on steel and aluminium imports, as early as Monday. Speaking to reporters on Sunday, Trump said that the levied tariffs would cover “everybody”, without specifying when the…
Stock Market Crash, Stock Markets Today: India stock markets extended their decline into fourth straight day on Monday, February 10, 2025. The BSE Sensex today fell 753 points or around 1 per cent to hit a low of 77,106 level. The Nifty50 index, too, dropped 244 points to a low of 23,316 level. The BSE Sensex eventually…
Sensex Nifty Today: It was widely anticipated that the RBI will deliver a rate cut and, hence, the market has not reacted much to the rate cut, said an analyst. Benchmark indices Sensex and Nifty were flat in Friday’s trade, with ITC Ltd, Reliance Industries Ltd and a few rate sensitive banking and financial names…