The markets continued to remain under pressure as the Nifty logged its fourth straight week of losses. Although the index attempted a recovery in the early part of the week, it failed to move past the previous week’s high of 25,250, leading to a broad-based sell-off in the final two sessions. The decline intensified on … Read more
Trend Tracker On Tuesday, the benchmark Sensex closed nearly flat with a slight negative bias, slipping 14 points to settle at 82,186. Despite the subdued market action, nine stocks from the BSE Commodities Index hit their 52-week highs, marking their highest levels in the past year. Such breakout moves are typically viewed by traders and … Read more
The Indian market extended losses for a second consecutive week on Friday, dragged down by concerns over a delayed U.S. trade deal and disappointing quarterly results from Tata Consultancy Services. The Nifty 50 declined 1.22% to close at 25,149.85, while the BSE Sensex slipped 1.12% to 82,500.47 for the week. On the day, the Nifty … Read more
Over the past week, benchmark indices faced profit booking at higher levels. The Nifty declined by 1.22%, while the Sensex shed 925 points. Among sectors, the FMCG index outperformed with a 2.20% gain despite the overall weak market sentiment. In contrast, the Defence and IT indices saw steep declines, falling 4.50% and 3.90%, respectively. Throughout … Read more
Suzlon Energy’s meteoric 1,300% surge from Rs 6 three years ago to its 52-week high of Rs 86 in September (NSE) marked a stellar run. However, the rally has since hit a consolidation phase. Despite still delivering a staggering 980% return at current levels, the stock’s muted performance over the past 10 months signals growing … Read more
Over the five trading sessions ending on June 27, the Sensex gained 2%, or 1,651 points, closing at 84,059. The index recorded gains on four out of the five days, including a 1,000-point surge on Thursday. During the week, 11 BSE midcap stocks registered consistent gains across all five sessions. (Data Source: ACE Equity) Source … Read more
The Indian market ended in the green on Friday, snapping a three-day losing streak, as a rally in financial stocks fuelled by the Reserve Bank of India’s move to ease provisioning norms for project financing, helped offset concerns over rising geopolitical tensions in the Middle East that could cap further gains. The BSE Sensex advanced … Read more
Performance Tracker On Tuesday, the benchmark Sensex fell by 636 points, ending the day at 80,737. However, even as the broader market declined, 10 stocks from the BSE 500 Index reached their 52-week highs, marking their highest levels in the past year. For traders and investors, such milestones are often viewed as bullish indicators, reflecting … Read more
Foreign Institutional Investors (FIIs) turned net buyers in Indian equities for the second consecutive month, with data up to May 30 showing a net inflow of Rs 18,082 crore through the exchanges, according to NSDL data. This follows a net purchase of Rs 4,243 crore in April, marking a notable shift in sentiment after heavy … Read more
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 … Read more