Market Highlights: Sensex ends over 250 points higher and Nifty 50 above 18,200 as market recovers in the last hour
Market at Close | Sensex and Nifty end higher as market stages sharp recovery — Market breadth improves but remains neutral, advance-decline ratio at 1:1 — Sensex closes 224 points higher at 61,134 and Nifty 69 points higher at 18,191 — Nifty Bank surges 763 points from lows to close 425 points higher at 43,252 — ICICI, […]
How retail money sent the market to life highs
Thanks to net equity inflows via mutual funds hitting ₹1.54 trillion, up 59% from 2021, the Nifty staged an impressive recovery from a 52-week low of 15183.4 around mid-June through a record high of 18887.6 on 1 December, a near 25% spike. Against this, the Dow Jones currently trades almost 10% below its record high. […]
Stock Market LIVE: Sensex flat, Nifty holds 18100; PSU Bank shines, IT drags
Inflation remains still a concern among investors and central bankers. China’s reopening brought some cheers in the market as it might ease supply chain issues, but also rekindled the fear of inflation as this might trigger more consumer spending. 28 Dec 2022, 11:41:22 AM IST Ashish Chugh buys 2 lakh shares of Kapil Raj Finance […]
Stock market holidays in 2023
Every New Year brings with it a lot of expectations and excitement. However, before getting started with our personal and professional lives in 2023, it’s ideal to keep our year planner ready. The most important component of a year planner is the list of holidays. As with any other sector, the stock market too has […]
Stock Market Highlights: Nifty’s long green candle not enough fodder for bulls. What traders should do on Tuesday – The Economic Times
Santa Rally today helped Nifty reclaimed the 18,000 mark as the index formed a long bull candle with a minor upper shadow on the daily chart. Analysts say the pattern indicates counter attack of bulls after sharp weakness. The overall structure shows that the index will likely witness both side movements in the coming days. […]
Goldman Sachs buys Landmark Cars shares worth ₹18.30 crore. Should you buy?
Despite discounted listing of Landmark Cars shares, Goldman Sachs has bought stake in the company that has dealerships for Mercedes-Benz, Honda, Jeep, Volkswagen and Renault. As per the in formation available on NSE website, Goldman Sachs India Equity Portfolio has bought 3,92,421 Landmark Cars share. Goldman Sachs bought these shares paying ₹466.55 apiece. This means […]
Nifty, Nifty Bank Near-Term Bias & Resistance Levels
By Malvika Gurung Investing.com — The domestic market closed with losses for the third time in a row last week with benchmarks recording their worst week in six months and declining 2.5%. Indices tanked 1.77% and shedded 980.93 points, closing below the psychologically significant 60,000 mark on Friday. Nifty slipped below the 200DEMA (double exponential […]
54% fall in fund raising via initial public offering market
With the stock markets going on a roller-coaster ride in 2022, fund mobilisation by companies through the initial public offering (IPO) market declined 54 per cent. Amount raised: Total issuances this year remained lower at Rs 55,472 crore as compared with Rs 1.22 lakh crore issued in 2021 as companies and promoters became cautious in […]
India makes COVID test mandatory for arrivals from some countries, including China By Reuters
© Reuters. Passengers wait with their luggage at the Chhatrapati Shivaji Maharaj International Airport in Mumbai, India, December 22, 2022. REUTERS/Francis Mascarenhas (Corrects grammar in paragraph 2) NEW DELHI (Reuters) – India has mandated a COVID-19 negative test report for travelers arriving from China, Japan, South Korea, Hong Kong and Thailand, the health minister said […]
₹8 trillion investor wealth wiped out as covid fears resurface
Indian benchmark indices saw their biggest drop in three months, wiping out ₹8.33 trillion of investor wealth, driven by concerns about more aggressive rate hikes by the US Federal Reserve and the resurgence of covid cases in China and other parts of the world. The National Stock Exchange’s Nifty index fell 1.77% to close at […]
