India’s benchmark indices, Sensex and Nifty 50, opened at fresh record highs and extended their opening gains on September 14. Sensex and Nifty 50 hit new all-time highs respectively 67,771.05 and 20,167.65 in early trading. Upbeat signals from Asian markets, as investors shrugged off a slightly higher-than-expected US consumer price index for August, also helped …
Indian stock markets ended steady and extended profit-taking for the fifth consecutive week ending August 25 amid volatility on mixed global signals, gains in US bonds, lackluster monsoon, concerns in RBI meeting minutes about rising inflation and a cautious view on the Federal Reserve’s approach. Chairman Jerome Powell. Jackson Hole speech. This week, BSE Sensex …
Broader indices hit fresh highs; More than 80 smallcaps rise up to 34% Read More »
National indexes fell for a fourth straight week on August 18 amid growing concerns about food inflation and weak global signals, particularly from US markets. Analysts point out that rising US bond yields continue to wreak havoc in global currency markets, fueling a sell-off in equity markets. The relatively weak macroeconomic scenario – domestic inflation …
Mid-day Mood | Nifty slides below 19,300 on food inflation worries, weak global cues Read More »
Market trends over the past few months have been nothing short of euphoric, with the Nifty 50 benchmark index settling the most recent four consecutive derivatives streaks with net gains. At the same time, the index rallied more than 14% to a new all-time high, stopping at a distance near the 20,000 mark. It’s been …
Nifty gets August company: Rollover, historical data hint further uptrend in the month Read More »
The July 14th midnight rise played a key role in helping the benchmark Nifty 50 close above 19,500 for the first time as it broke through the recent trading range (19,300-19,500) with a low call of 19,500. accomplished. The index held high throughout the session, largely aided by IT bulls, but volatility fell to near-historical …
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