Nifty IT index ends 3-month downturn in June, surges 12% to record largest monthly jump since Aug 2021
5 months, 3 weeks ago

Nifty IT index ends 3-month downturn in June, surges 12% to record largest monthly jump since Aug 2021

Live Mint  

In June, IT stocks ended their three-month bearish streak, marking one of their strongest monthly performances. The Nifty IT index concluded the month with an impressive gain of 11.65%, marking the largest monthly jump since August 2021. The advent of artificial intelligence is bringing new business opportunities to Indian IT companies, allowing them to leverage AI to provide innovative solutions and services.” “Additionally, there has been a significant shift towards digital transformation across various industries, boosting demand for IT services. Likewise, Mr Atul Parakh, CEO of Bigul, said, "The recent rally in Indian IT stocks is driven by global economic recovery, increased AI and cloud adoption, cost optimisation trends, easing inflation concerns, attractive valuations, and positive company guidance. He underscores the sector's robust potential for earnings growth, fueled by ongoing investments in digital transformation and increasing global demand for technology services.

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History of this topic

Nifty Bank: Will the index top 55,000 by 2024 end? Technical experts share targets & trading strategies
1 week ago

Nifty Bank: Will the index top 55,000 by 2024 end? Technical experts share targets & trading strategies

Live Mint  

Market Outlook: The Nifty Bank index has risen around 11 per cent in 2024 so far, underperforming the benchmark index, Nifty 50, which has gained over 13 per cent in this period. As 2024 approaches its conclusion, market analysts and technical experts are closely evaluating the potential trajectory of the Nifty Bank index. Nifty Bank year-end targets Shrikant Chouhan, Head …

Will Nifty 50 breach 25,000 level in December? Technical experts unveil year-end target and trading strategy
1 week, 4 days ago

Will Nifty 50 breach 25,000 level in December? Technical experts unveil year-end target and trading strategy

Live Mint  

Market Outlook: After two back-to-back months of losses, the equity benchmark index Nifty 50 has risen over 2 per cent in December so far, reflecting renewed market momentum. The renewed FII buying has also lifted sentiment among retail investors, who turned cautious following the near 10 per cent correction from the September peak. Krishan emphasised that historical trends favour a …

Stocks to buy or sell: Sagar Doshi of Nuvama recommends L&T Tech, Navin Fluorine, Radico Khaitan today - 11 December
1 week, 5 days ago

Stocks to buy or sell: Sagar Doshi of Nuvama recommends L&T Tech, Navin Fluorine, Radico Khaitan today - 11 December

Live Mint  

Stock Market today: The domestic benchmark indices, Nifty 50 and Sensex, started the day with minimal movement on Wednesday, as investors looked forward to crucial inflation figures from the US later today and the domestic inflation report on Thursday for insights into the interest rate paths of both countries. Nifty 50 Outlook by Sagar Doshi, Senior Vice President- Research, Nuvama …

Stocks to buy: REC, Cyient, Axis Bank, amid top picks in flat market: Rupak De
2 weeks ago

Stocks to buy: REC, Cyient, Axis Bank, amid top picks in flat market: Rupak De

Live Mint  

Stock Market today: The domestic benchmark indices, Nifty 50 and Sensex, commenced the second week of December with a slowdown, as both indices began Monday with a slight decline. Maximum CALL open interest position was seen at the 25,000 strike; maximum Put open interest position was seen at the 24,500 strikes indicating a near term range for the Nifty 50. …

Buy or sell: Vaishali Parekh recommends three stocks for today — December 5
2 weeks, 4 days ago

Buy or sell: Vaishali Parekh recommends three stocks for today — December 5

Live Mint  

Buy or sell stocks: The domestic stock market indices struggled to maintain the recent gains on Wednesday, December 4, as investors remain cautious ahead of the RBI's monetary policy announcement. The Nifty 50 index closed 0.4 per cent higher at 24,467.45 points, compared to 24,457.15 points at the previous market close. Vaishali Parekh's stocks to buy today Vaishali Parekh, vice …

Nifty 50 above 100-DEMA. 5 factors that likely drove the Indian stock market. Is a Santa Claus rally around?
2 weeks, 6 days ago

Nifty 50 above 100-DEMA. 5 factors that likely drove the Indian stock market. Is a Santa Claus rally around?

Live Mint  

Stock market today: The Indian stock market clocked healthy gains for the third consecutive session on Tuesday, December 3, led by gains in shares of select heavyweights, including Reliance Industries, HDFC Bank and Larsen and Toubro. Benchmark index Nifty 50 jumped 0.85 per cent to the level of 24,481.35 in intraday trade, breaking above its 50 and 100-day exponential moving …

Buy or sell: Ganesh Dongre recommends three stocks to buy on Monday — December 2
3 weeks, 1 day ago

Buy or sell: Ganesh Dongre recommends three stocks to buy on Monday — December 2

Live Mint  

Buy or Sell: Last week, as anticipated, with the monthly expiry approaching, both the Nifty and Bank Nifty indices were in oversold conditions. The Nifty Index broke through the 24,000 mark, suggesting that the bullish trend could continue toward the 24,500–24,600 resistance zone. However, profit booking dominated the market as the week progressed, causing the index to retreat toward the …

Market in limbo: May wait for direction till February
3 weeks, 3 days ago

Market in limbo: May wait for direction till February

Live Mint  

The benchmark Indian equity indices have shown little movement over the past month, and market experts suggest that the lack of fresh triggers may keep the market range-bound in the near term. “Today’s up-move seems like a bounce from the monthly expiry led correction yesterday," said Gaurav Dua, senior VP & head-Capital Market Strategy, Mirae Asset Sharekhan. What could probably …

Nifty 50, Sensex today: What to expect from the Indian stock market in trade on November 28
3 weeks, 4 days ago

Nifty 50, Sensex today: What to expect from the Indian stock market in trade on November 28

Live Mint  

The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Thursday amid mixed global cues. Here’s what to expect from Nifty 50 and Bank Nifty today: Nifty 50 Prediction VLA Ambala, SEBI Registered Research Analyst and Co-Founder of Stock Market Today said that today, the November Series will expire for most stocks on the …

Nifty may retest its all-time high level. 3 stocks to lead the rally
3 weeks, 5 days ago

Nifty may retest its all-time high level. 3 stocks to lead the rally

Live Mint  

November 2024 has been quite an eventful month, both globally and domestically. View Full Image Source: Investing.com Price Action & Key Levels At this juncture, a few key observations stand out when we examine Nifty’s daily price chart through classical price action analysis: ⦁ Support at the Lower Band of the Mid-Term Rising Channel: Nifty has found support at the …

Stock Market Today: Nifty 50, Sensex snap 2-day winning run on profit booking; tech stocks extend rally
Top News
3 weeks, 6 days ago

Stock Market Today: Nifty 50, Sensex snap 2-day winning run on profit booking; tech stocks extend rally

Live Mint  

After a sharp rally in the last two trading sessions, Indian markets struggled to maintain momentum in today’s session as trade tensions resurfaced in the headlines, triggered by President-elect Donald Trump’s tariff announcements on imports from China, Mexico, and Canada. Markets across Asia ended today’s session on a flat note, with India also following suit, as investor sentiment remained subdued …

Top three IT stocks to watch out for in this bull market
3 weeks, 6 days ago

Top three IT stocks to watch out for in this bull market

Live Mint  

The Indian stock market is abuzz with optimism thanks to several encouraging factors. Using the DeMAP tool, which tracks stocks trending bullishly, we identified three IT stocks with strong bullish setups that could outperform the IT sector and the broader Nifty50 index in the upcoming weeks. View Full Image On the daily 0.5% X 3 P&F chart, Persistent’s stock price …

Buy or sell: Vaishali Parekh recommends three stocks to buy today — November 26
Top News
3 weeks, 6 days ago

Buy or sell: Vaishali Parekh recommends three stocks to buy today — November 26

Live Mint  

Buy or sell stocks: The Indian stock market indices, escaping the pressure from the FPI sell-offs and weak Q2 results, closed in the green for another day, fueled by the Mahayuti alliance's win in the Maharashtra state elections. The Nifty 50 index closed 1.32 per cent higher at 24,221.90 points on Monday, compared to 23,907.25 points at the previous market …

Nifty IT index hits fresh all-time high, rallies 7% in November so far
4 weeks ago

Nifty IT index hits fresh all-time high, rallies 7% in November so far

Live Mint  

Stock Market Today: Indian IT stocks, which ended last week with robust gains, kicked off this week on a positive note, as the Nifty IT index surged nearly 1% to hit a fresh all-time high of 43,751, surpassing its previous peak of 43,645 points set in mid-September. The rally began following Donald Trump’s victory in the 2024 US presidential election, …

Buy or sell: Ganesh Dongre recommends three stocks for Monday — November 25
4 weeks, 1 day ago

Buy or sell: Ganesh Dongre recommends three stocks for Monday — November 25

Live Mint  

Buy or sell: The Nifty Index ended the week at 23,907, firmly holding above the critical support level of 23,000. Should the Nifty close decisively above 24,000, it could ignite a fresh wave of bullish momentum, with the next resistance levels potentially reaching the 24,500-24,600 range. The market's price action confirmed earlier expectations of a pullback rally following a period …

Buy or sell: Vaishali Parekh recommends three intraday stocks for today — November 21
1 month ago

Buy or sell: Vaishali Parekh recommends three intraday stocks for today — November 21

Live Mint  

Buy or sell stocks: The domestic stock market indices broke their seven-day losing streak on Tuesday amid rising tensions between Russia and Ukraine, which weighed heavily on the markets. Vaishali Parekh's stocks to buy today Vaishali Parekh, vice president of technical research at Prabhudas Lilladher, said the Nifty made a significant pullback from the low near 23,350 levels, a long-term …

Stock market today: Sensex, Nifty 50 snap 7-day losing run despite sharp profit taking at higher levels
1 month ago

Stock market today: Sensex, Nifty 50 snap 7-day losing run despite sharp profit taking at higher levels

Live Mint  

Stock Market Today: Stock Market Today: Rising tensions between Russia and Ukraine weighed heavily on the markets during the final hour of trade on Tuesday, November 19, causing both frontline indices to retreat sharply from their intraday highs. The broader market also retreated from its intraday highs but ended with sharp gains, with the Nifty Midcap 100 index closing the …

Nifty IT index slips over 3% as US Fed likely to lower pace of rate cuts
1 month ago

Nifty IT index slips over 3% as US Fed likely to lower pace of rate cuts

Live Mint  

Indian IT stocks, which had weathered the recent sell-off driven by the strong rise in the US dollar, came under significant selling pressure on Monday, November 18 as traders scaled back expectations of Federal Reserve interest rate cuts following fresh indications of US economic resilience. Traders, on the other hand, also reacted to recent comments from Federal Reserve Chair Jerome …

Buy or sell: Vaishali Parekh recommends three stocks for today — November 11
1 month, 1 week ago

Buy or sell: Vaishali Parekh recommends three stocks for today — November 11

Live Mint  

Buy or sell stocks: The benchmark indices of the Indian stock market, Sensex and Nifty 50, extended their slide for the second successive day on Friday, November 8. Vaishali Parekh's stocks to buy today Vaishali Parekh, vice president of technical research at Prabhudas Lilladher, said the Nifty found resistance near the 24,500 zone and has slipped down, with profit booking …

Buy or sell: From Infosys to SBI — Ganesh Dongre recommends three stocks for Monday
1 month, 1 week ago

Buy or sell: From Infosys to SBI — Ganesh Dongre recommends three stocks for Monday

Live Mint  

Buy or sell: After a week marked by significant global events, including the US presidential election and the Federal Reserve meeting, the Nifty Index wrapped up at 24,148. Weekly Trading Overview The week started with a gap-down opening on Monday, which saw the Nifty test critical support around the 23,800 mark. Bank Nifty Performance The Bank Nifty index traded within …

Buy or sell: Vaishali Parekh recommends three stocks to buy today — November 8
1 month, 2 weeks ago

Buy or sell: Vaishali Parekh recommends three stocks to buy today — November 8

Live Mint  

Buy or sell stocks: The benchmark indices of the Indian stock market, Sensex and Nifty 50, ended lower as the optimism from the “Trump trade” rally failed to keep up the momentum. The Nifty 50 index closed 1.16 per cent lower at 24,199.35 points, compared to 24,484.05 points at the previous market close. Vaishali Parekh's stocks to buy today Vaishali …

Nifty IT jumps 4% ahead of US election outcome; TCS, Infosys among lead gainers: What is driving IT stocks?
1 month, 2 weeks ago

Nifty IT jumps 4% ahead of US election outcome; TCS, Infosys among lead gainers: What is driving IT stocks?

Live Mint  

Stock Market Today: IT stocks posted strong gains in Wednesday's trade, lifting the Nifty IT sectoral index higher despite ongoing uncertainty surrounding the 2024 US election outcome. While the final outcome of the US presidential election will be clear later, early trends show former President Donald Trump taking the lead against Vice President Kamala Harris. "Given their significant presence in …

Nifty and Sensex Make Strong Turnaround, With Banking Stocks Leading the Rise
Trending News
1 month, 3 weeks ago

Nifty and Sensex Make Strong Turnaround, With Banking Stocks Leading the Rise

Live Mint  

Nifty and Sensex rebound after a sharp decline in the first half of the day. The Nifty 50 gained 0.52%, while the Sensex gained 0.45%. Both mid- and small-cap indices experienced a strong rebound, with the Nifty Midcap 100 gaining 1% and the Nifty Smallcap 100 rallying 0.85%. However, the auto sector experienced a sharp decline, with the Nifty Auto …

Nifty IT touches fresh all-time high, 5 stocks including MphasiS, Coforge reach new 52-week highs
3 months, 1 week ago

Nifty IT touches fresh all-time high, 5 stocks including MphasiS, Coforge reach new 52-week highs

Live Mint  

The Nifty IT index surged by 1%, reaching a fresh all-time high in today's trade, as central banks, where Indian IT companies have significant revenue exposure, began cutting interest rates due to moderating inflation. Significantly, five stocks, including MphasiS, Coforge, Persistent Systems, HCL Technologies, and LTIMindtree, have reached new 52-week highs during the session. Set to cross 44,000 level Sumeet …

Nifty halts 14-day rally; Sensex drops over 200 points tracking weak global markets
3 months, 2 weeks ago

Nifty halts 14-day rally; Sensex drops over 200 points tracking weak global markets

The Hindu  

Stock markets closed lower on Wednesday with Nifty taking a breather after a 14-day winning run and Sensex dropping by 202 points due to weak global trends on worries of potential slowdown in the U.S. market. Snapping its 14-day rally, the NSE Nifty declined 81.15 points or 0.32% to 25,198.70. Among the 30 Sensex firms, ICICI Bank, State Bank of …

Nifty 50 records longest weekly winning streak of 2024, ends at record high; check top performers
5 months, 2 weeks ago

Nifty 50 records longest weekly winning streak of 2024, ends at record high; check top performers

Live Mint  

In a triumphant display of resilience, Indian benchmark indices powered through the current week, extending their bullish run for the fifth consecutive week, representing the longest weekly advance in CY24 so far. The recent indications of a potential rate cut by the US Federal Reserve, a rebound in FPI inflows, and a strong rally by private large-cap banking stocks have …

Nifty 50 set record highs 32 times in 2024, up 11% from June 4 low
6 months ago

Nifty 50 set record highs 32 times in 2024, up 11% from June 4 low

Live Mint  

The Nifty50, representing India's top 50 blue-chip companies across sectors, extended its upward momentum for the fifth consecutive trading session on Tuesday, reaching a new record high of 23,579, surpassing the previous peak of 23,490. In the past two weeks, $2.4 billion has been allocated to India's dedicated funds, marking the fastest momentum in history, according to domestic brokerage firm …

Nifty hits fresh record high surpassing April 10 peak, nears 22,800. Here's why
7 months, 3 weeks ago

Nifty hits fresh record high surpassing April 10 peak, nears 22,800. Here's why

Hindustan Times  

Nifty 50 hit a fresh record high at 22,779.75 today after tracking major gains in the auto sector, as Mahindra & Mahindra, Maruti Suzuki and Tata Motors were among the top gainers on the index. Nifty Auto index hit an all-time high of 22,634.05, led by gains in Mahindra & Mahindra and Bajaj Auto. Nifty Realty index was also up …

Nifty hits fresh all-time high of 22,779, Sensex nears lifetime peak
7 months, 3 weeks ago

Nifty hits fresh all-time high of 22,779, Sensex nears lifetime peak

India TV News  

Stock market news: The NSE Nifty hit a fresh record all-time high level today in line with optimism in global markets and fresh foreign fund inflows. The NSE Nifty went up by 136.35 points or 0.60 per cent to reach its lifetime peak of 22,779.75 in the late afternoon trade. Meanwhile, the 30-share BSE Sensex traded with a gain of …

Nifty IT index soars nearly 3%; HCL, TCS touch new all-time highs – here’s why
10 months, 2 weeks ago

Nifty IT index soars nearly 3%; HCL, TCS touch new all-time highs – here’s why

Live Mint  

The Indian IT sector exhibited robust performance in Tuesday's trading session, marked by a stellar rise of nearly 3% in the Nifty IT index. As the stock hit a new all-time high, the company's market capitalisation crossed the ₹15 lakh crore mark. Commenting on today's market performance, Vinod Nair, Head of Research at Geojit Financial Services, said, "The market exhibited …

Nifty 50, Sensex on January 31: What to expect in trade today
10 months, 3 weeks ago

Nifty 50, Sensex on January 31: What to expect in trade today

Live Mint  

The Indian stock market indices, Sensex and Nifty 50, are likely to open flat on Wednesday tracking mixed global market cues ahead of events like US Federal Reserve meeting outcome and India’s interim budget. Nifty formed a long negative candle on the daily chart, which indicates a formation of bearish dark cloud cover pattern after a reasonable upside. Here’s what …

Stock market today: Nifty 50, Sensex jump almost 2% each on all-round buying
10 months, 3 weeks ago

Stock market today: Nifty 50, Sensex jump almost 2% each on all-round buying

Live Mint  

Stock market today: The domestic equity market experienced widespread buying on Monday, January 29, propelling key indices- the Sensex and the Nifty 50 - to soar by nearly 2 per cent each, amid positive global cues. The BSE Midcap index rose 1.68 per cent and the Smallcap index ended 1.03 per cent higher. The Nifty Bank index rose 1.28 per …

IT, pharma indices outperform Nifty 50 in last 6 months; can the trend continue?
10 months, 3 weeks ago

IT, pharma indices outperform Nifty 50 in last 6 months; can the trend continue?

Live Mint  

The Nifty IT and Nifty Pharma indices have clocked healthy gains in the last six months, significantly outperforming the equity benchmark Nifty 50. Data show that the Nifty IT index has gained 22 per cent while the Pharma index has risen 18 per cent in the last six months against a 10 per cent gain in the equity benchmark Nifty …

Nifty Realty soars 6% in sharpest single-day rally since October 2021
11 months, 2 weeks ago

Nifty Realty soars 6% in sharpest single-day rally since October 2021

Business Standard  

At 02:15 PM; Nifty Realty index held gains of 6.1 per cent as compared to a 0.63 per cent rise in the Nifty 50. Purvankara, Kolte-Patil Developers, Indiabulls Real Estate, Suntech Realty, Keystone Realtors, Hemisphere Properties India and Ajmera Realty & Infra India, which are not a part of Nifty Realty, rallied 7-17 per cent. Sobha zoomed 20 per cent …

Stock Market Today: Nifty 50, Sensex hit fresh record highs
11 months, 3 weeks ago

Stock Market Today: Nifty 50, Sensex hit fresh record highs

Live Mint  

Stock market today: Equity benchmarks the Sensex and the Nifty 50 reached a new peak on Thursday, December 28, while marking their fifth consecutive session of gains, propelled by widespread buying amidst mixed global cues. The BSE Midcap index also hit its fresh record high of 36,556.64 during the session, finally ending 0.66 per cent higher at 36,528.19. Top gainers …

Nifty Realty is the best-performing index in 2023: A look at its top gainers
1 year, 2 months ago

Nifty Realty is the best-performing index in 2023: A look at its top gainers

Live Mint  

The Realty index continued its gaining spell to hit a record high of 617.40 in intra-day deals today, October 11, 2023. Nifty Realty In the 10 months so far of this current calendar year, the index has given positive returns in 6 and negative in 4 months. The Nifty realty index has skyrocketed over 184 percent since 2020 versus a …

Stock Market Extends Winning Run: Sensex Jumps 320 Points; Nifty Nears 20,200. Auto Leads
1 year, 3 months ago

Stock Market Extends Winning Run: Sensex Jumps 320 Points; Nifty Nears 20,200. Auto Leads

ABP News  

The two key equity benchmarks, Sensex and Nifty, on Friday extended their record breaking winning streak into third straight day amid positive global trends. #ABPLiveStockMarketWatch | Sensex and Nifty on Friday extended their record breaking run into third straight day At 4:00 PM, Sensex gained 320 points, closing at 67,839, and Nifty soared 89 points to close at 20,192. In …

IT stocks gain 22-92% from their 52-week lows. What is fuelling the rally?
1 year, 3 months ago

IT stocks gain 22-92% from their 52-week lows. What is fuelling the rally?

Live Mint  

Indian stock market: Only a few months ago, a significant portion of market participants exhibited caution towards IT stocks. HCL Tech share price, Tech Mahindra share price, Infosys share price, Wipro share price and TCS share price have each gained in this order from their 52-week low levels. Aamar Deo Singh, Head of Advisory at Angel One observed that the …

Nifty 50: The unstoppable India story
1 year, 3 months ago

Nifty 50: The unstoppable India story

Hindustan Times  

When the Nifty 50, India’s favourite stock market index pushed past the 20,000 mark on 11 September – it would close a few points below – it was more than a numerical record achieved by the flagship index of the capital markets. The National Stock Exchange itself was created in 1992, to democratise the country’s equity markets, taking screen-based trading …

Nifty 50 scales 20,000 mark backed by broad-based buying, slips lower end of day
1 year, 3 months ago

Nifty 50 scales 20,000 mark backed by broad-based buying, slips lower end of day

The Hindu  

Continuing the upward move witnessed in all trading days of the last week, the NSE Nifty 50 index on September 11 crossed a new milestone of 20,000 points during intraday trade owing to gains in Adani Port, Adani Enterprises and Axis Bank stocks. Commenting on the Nifty 50 testing the 20,000 mark, Suman Bannerjee, CIO, Hedonova, a U.S.-based hedge fund, …

Sensex, Nifty edge closer to record highs after G20 success
1 year, 3 months ago

Sensex, Nifty edge closer to record highs after G20 success

India Today  

Benchmark stock market indices inched closer to the record highs they had hit in July, supported by a rally in financial stocks and the positive sentiments fuelled by the success of the G20 Summit. The S&P BSE Sensex opened 0.31 per cent higher at 66,807.73 at 9:15 am, while the NSE Nifty 50 was up 0.35 per cent to 19,890. …

Stock market today: What to expect from Nifty in trade on August 9
1 year, 4 months ago

Stock market today: What to expect from Nifty in trade on August 9

Live Mint  

The Indian equity benchmark indices are likely to open on a tepid note Wednesday following weak global cues. Nifty formed a small negative candle on the daily chart that has almost engulfed the previous small positive candle of Monday, indicating a range bound action in the market with weak bias. But, we need confirmation of a lower top reversal pattern …

Sensex, Nifty snap record-breaking run on Infosys shocker; tank over 1%
1 year, 5 months ago

Sensex, Nifty snap record-breaking run on Infosys shocker; tank over 1%

The Hindu  

Benchmark stock indices Sensex and Nifty tumbled over 1% on July 21 due to deep losses in IT behemoth Infosys which slashed its FY24 growth outlook. From the Sensex pack, Infosys tanked over 8% after the company reported a lower-than-expected 11% rise in net profit for the June quarter and delivered a shocker as it slashed its FY24 growth outlook …

Nifty Bank down about a per cent in June; is the party over for bank stocks?
1 year, 6 months ago

Nifty Bank down about a per cent in June; is the party over for bank stocks?

Live Mint  

After clocking gains in the last three consecutive months, the Nifty Bank index has been under pressure in June so far. Above 44,100, the Bank Nifty spot could extend the rally towards 45,000 in the next month," said Rajani. Jatin Gedia, Technical Research Analyst at Sharekhan by BNP Paribas pointed out that Bank Nifty, during the past three months, has …

Sensex closes sub-63k, Nifty down 100 pts; Adani stocks tumble; IndusInd shines
1 year, 6 months ago

Sensex closes sub-63k, Nifty down 100 pts; Adani stocks tumble; IndusInd shines

Live Mint  

Share Market Today:- Indian shares added to losses on Friday as hawkish central banks soured risk appetite and domestic benchmarks began consolidating, while Adani Group stocks tumbled after a report of U.S. attorney inquiries to investors holding large stakes. Adani stocks and IT index drag the market as Sensex sheds 250 pts and Nifty 100 pts; IndusInd Bank and Asian …

Market wrap: Sensex, Nifty snap three-day winning streak on hawkish Fed
1 year, 6 months ago

Market wrap: Sensex, Nifty snap three-day winning streak on hawkish Fed

Live Mint  

Frontline indices the Sensex and the Nifty ended in the red on Thursday, June 15, snapping the last three consecutive sessions' winning streak, amid weak global cues as investors turned cautious on Fed signal that two rate hikes were possible by the end of the year. The US Federal Reserve held interest rates steady on June 14 but Chairman Jerome …

Nifty Auto Index touches new 52-week high, Tata Motors, M&M zoom; check details
1 year, 6 months ago

Nifty Auto Index touches new 52-week high, Tata Motors, M&M zoom; check details

Live Mint  

In a overall upbeat market on Monday, the Nifty Auto index gained more than 1% and touched a new 52-week high. The Nifty Auto index is anticipated to maintain this trend going forward, with prices ideally moving towards 14800 in the short term and 14300 acting as immediate support. "Nifty auto index has breached 55 months resistance followed by retest …

Sensex, Nifty rise on positive global cues; mid, smallcaps hit 52-week highs
1 year, 6 months ago

Sensex, Nifty rise on positive global cues; mid, smallcaps hit 52-week highs

Live Mint  

Positive global cues underpinned domestic market sentiment as the benchmarks the Sensex and the Nifty ended in positive territory on Monday, extending gains into the third consecutive session. The BSE Midcap index hit its fresh 52-week high of 26,944.05 before ending 0.41 per cent higher at 26,912.35. The BSE Smallcap index also hit its fresh 52-week high of 30,328.85 in …

Nifty Bank drops 400 pts as market continues to fall for 3rd straight day
1 year, 11 months ago

Nifty Bank drops 400 pts as market continues to fall for 3rd straight day

Live Mint  

Nifty Bank fell about 419 points, or 1 percent, to close at 42,188.80 on January 6 as Indian market was in the red for the third consecutive session on global economic slowdown worries. 11 out 12 stocks on the Bank Nifty index were in the red with IndusInd Bank falling the most at 2.78%, or ₹33.85, to ₹1,182 on NSE. …

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