National benchmarks witnessed a widespread sell-off in Monday afternoon trading amid weak global signals. The sell-off was triggered after the International Consortium for Investigative Journalism (ICIJ) reported reports of suspicious activity, or top-secret SARs, valued at more than $ 2 trillion globally. These transactions are not absolute proof of fraud …
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At home, market participants will observe these global signals, but they are likely to focus primarily on individual stocks. They will also track the RBI Governor’s speech to the Ficci members today at 11 AM. Also, Covid-19 trends and news flow on the India-China front will be closely monitored. In …
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Major Wall Street indices rose on Monday on the boost from tech stocks, while signs of progress in the development of a COVID-19 vaccine and a string of multi-million dollar deals also cheered spirits. US stocks were jubilant at the opening Monday following news that Oracle was slated to be …
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The benchmark indices slid into the red zone after giving up their modest opening gains in the volatile session on Friday. The S&P BSE Sensex hovered around 38,760 points after falling around 150 points from the opening highs. The Nifty50 index also dropped the 11,450 mark. Titan, HDFC Bank, Kotak …
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Indian markets appear poised for a flat to positive start on Thursday, following modest gains in Asian indices. However, investors can expect some sharp moves later in the day, as the Supreme Court is set to resume the hearing on the loan moratorium. Additionally, media reports indicate that after Silver …
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Weak global signals, concerns about India-China tensions and unwanted news on the Covid front dragged Indian equity markets down one percent on Wednesday. The S&P BSE Sensex fell 258 points to 38,110 levels and the Nifty50 index dropped the 11,250 mark. ONGC and Tata Steel (both down 3%) were Sensex’s …
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The market rally that began in March 2020 after reaching its lowest point in calendar year 2020 has more legs, believe analysts at Goldman Sachs, warning that there could be intermittent corrections along the way. Markets, says Goldman Sachs, are in the first phase of a new investment cycle, which …
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Indian markets fluctuated between small gains and losses on Thursday, as gains in IT and pharmaceutical stocks offset weakness in private banks. The S&P BSE Sensex was trading flat at around 39,100 levels. The index has reached intraday highs and lows of 39,236 and 38,943, respectively. The Nifty50 index hovered …
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The Indian market erased all its morning gains and fell into the red on Monday after media reports said Chinese troops “ carried out provocative military moves in eastern Ladakh to change the status quo. ” but they were blocked by Indian soldiers, the government said today. The incidents took …
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The bulls continued to dominate the markets on Friday, thanks to a healthy buying on the financial counters. The S&P BSE Sensex won for the sixth consecutive session to settle at 39,467 levels, an increase of 354 points or 0.9 percent. NSE’s Nifty finished 11,648.88 points or 0.76 percent higher. …
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