Stock Market Closing: After showing signs of recovery this week, Indian benchmark indices dragged sharply lower on Thursday July 24. With Sensex closing 542 pts lower and Nifty at 24,062, weighed down by IT and banking stocks. However, sentiment was supported by optimism around a potential India-UK free trade agreement (FTA) during Prime Minister Modi’s ongoing UK visit….
Indian equity markets are set to open higher on Monday, June 16, tracking a rebound in Asian markets and a mild uptick in US futures, even as geopolitical tensions in the Middle East and rising crude oil prices remain a major overhang. GIFT Nifty on the NSE IX was up 38 points or 0.15 per…
Indian stock markets are likely to start flat to muted on Tuesday, May 27, with GIFT Nifty futures trading down 13 points at 25,036. Global sentiment has remained cautious, but strong domestic macro data along with less FII shorts continue to provide support during the session. The GIFT Nifty traded marginally down, indicating a lacklustre…
Indian equity benchmarks in a volatile session ended lower- with the Nifty50 index still holding on to key 25,000 level. At the close, Nifty50 index settled with a cut of 0.17 per cent or 42.3 points at 25,019.8, while the BSE 30-share index ended lower by 0.24 per cent or 200.15 at 82,330.59. On a…
Anand Rathi Wealth’s Feroze Azeez sees Nifty potentially scaling 26,000–28,000 in FY25–26, supported by cash-driven rallies and stable FII short data. Speaking to Zee Business, clarified that only 3 per cent of recent market momentum was due to short covering — a sign of healthier underlying buying interest. He emphasized, “Cash-led rallies are more stable.”…
Indian equities are poised for a strong rebound on Monday, May 12, after a tense week marked by geopolitical jitters. A decisive ceasefire between India and Pakistan over the weekend has calmed investor nerves, while global cues remain supportive. The GIFT Nifty is up over 460 points, indicating a gap-up start for the Nifty 50….