Domestic equities could see extended profit booking as concerns over recession amid steeper rate hikes remained following Bank of England’s policy action on Thursday. Options data too indicates that Nifty 50 is likely to be in a consolidation phase, as most of the out-of-the-money call option premiums fell sharply in the previous trading session. Here’s … Read more
Indian equities may extend gains made during muhurat trading session, but likely selling in few index heavyweights could limit the upside. Here’s breaking down the pre-market actions: STATE OF THE MARKETS SGX Nifty signals a negative startNifty futures on the Singapore Exchange traded 33.5 points, or 0.19 per cent, lower at 17,859, signaling that Dalal … Read more
Domestic equity markets are set for a negative opening on Thursday tracking the mixed global cues. US stocks settled marginally lower on Wednesday, whereas Asian peers kicked off trade in red. Inflation worries persist after the US Fed’s hawkish commentary. Back home, IT majors will be in action following the Q2 earnings. Here’s breaking down … Read more
Bucking the muted global cues, Indian benchmark indices were set for a positive trade at open. On the contrary, Asian peers were in deep red, whereas US Stocks settled mostly lower during the overnight trade. Recession fears spooked the traders across the globe and firm dollar dented the sentiments further. Back home, India Inc earnings … Read more
Domestic equity markets set to kick off the new month on weaker notes, thanks to the gloom in the global markets. US stocks tumbled over the weekend trade, whereas Asian peers were also in red. Firm crude oil over output cut buzz also dented the sentiments. Back home, macroeconomic data is also hinting at a … Read more
After a sharp selloff last week, Indian equity markets will likely kick off the new week with some caution amid the lacklustre global cues. US stocks settled lower over the weekend trade, whereas Asian peers were trading mixed. The ease in the US dollar was a reason for cheer among the investors. Here’s breaking down … Read more
Nifty futures on the Singapore Exchange traded 14 points, or 0.10 per cent, lower at 14,518.50 in signs that Dalal Street was headed for a negative start on Wednesday. Here are a dozen stocks which may buzz the most in today’s trade: Tata Steel, Adani Green Energy: Adani Green Energy, , SRF, , Gillette India, … Read more
Dalal Street looked headed for some selloff on Friday, or at least that’s what Nifty futures trading on the Singapore Exchange seemed to be signalling. At 8.15 hours (IST), SGX Nifty traded 191 points lower at 14734.7. Domestic equity investors are going to react to weak cues from Asian markets, a bleak Covid-19 situation and … Read more
Domestic stocks looked set to take a breather start on Wednesday ahead of the outcome of the US Fed policy meeting scheduled for later in the day. Asian markets traded largely mixed after a flat closing for US stocks overnight. At home, stocks of Axis Bank, Maruti, Britannia would be in focus following their Q4 … Read more