F&O Talk| Nifty northward rally to continue in near term, sector rotation plays crucial role: Sudeep Shah of SBI Securities

F&O Talk| Nifty northward rally to continue in near term, sector rotation plays crucial role: Sudeep Shah of SBI Securities

Indian markets rose by 1.7% this week, marking a third consecutive weekly gain, driven by favorable global and domestic factors. The positive momentum was fueled by the US Federal Reserve’s rate cut and steady economic data, leading to increased foreign investments. Additionally, China’s economic stimulus boosted global investor confidence, particularly in Asian markets. Metals and … Read more

Top gainers & losers of the day: Jewellery stocks shine; Sobha zooms 17%

Top gainers & losers of the day: Jewellery stocks shine; Sobha zooms 17%

New Delhi: The domestic equity market was back in green on Thursday as the benchmark indices settled higher. Among the sectors, realty, consumer durables, auto and IT attracted the most buying, while oil & gas stocks came under pressure. India VIX plunged sharply. The 30-share Sensex gained 488.10 points or 0.82 per cent, to close … Read more