Stock market update: Sensex down 587 points, Nifty drops 177 amid rising Middle East tensions; gold hits new high of Rs. 1 lakh

Stock market update: Sensex down 587 points, Nifty drops 177 amid rising Middle East tensions; gold hits new high of Rs. 1 lakh

Indian markets staged a partial recovery by midday Friday after opening sharply lower amid intensifying tensions in the Middle East. However, benchmark indices remained in negative territory as investor sentiment stayed fragile following Israel’s pre-emptive strikes on Iran. As of 1:35 PM, the BSE Sensex was down 587.09 points, or 0.72 per cent, at 81,104.88,…

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SBI mutual fund sees reset in market sentiment, moves to neutral stance

SBI mutual fund sees reset in market sentiment, moves to neutral stance

SBI Mutual Fund has revised its stance on Indian equities to neutral from underweight, citing improved valuations, resilient GDP growth, and stable corporate earnings. The move marks a subtle but notable shift in the sentiment, as markets continue to hold firm despite global headwinds and tariff-related uncertainty. “This shift represents a healthier market outlook and better…

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Nifty 500 climbs 3.5% in May, driven by Industrials, Consumer, and Financial Services: Motilal Oswal

Nifty 500 climbs 3.5% in May, driven by Industrials, Consumer, and Financial Services: Motilal Oswal

The Nifty 500 index climbed 3.50 per cent in May, driven by steady gains in Industrials, Consumer Discretionary, and Financial Services sectors, an analysis by the Motilal Oswal observed. Sectoral indices of FMCG (Fast-Moving Consumer Goods) and utilities underperformed, posting slight declines of -0.09 per cent and -0.04 per cent, respectively, as per the analysis….

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These 10 smallcap stocks display strong momentum in turbulent market, rally up to 57% in a month – Smallcap momentum stays strong

These 10 smallcap stocks display strong momentum in turbulent market, rally up to 57% in a month – Smallcap momentum stays strong

Markets ended the week on a cautious note, marking the second consecutive week of consolidation. This subdued performance came amid ongoing global trade tensions and anticipation surrounding domestic policy developments. The benchmark indices, the Sensex and the Nifty, witnessed notable volatility through the week, eventually closing lower as investors reacted to uncertainties over U.S. tariff…

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