The bears tightened their grip on the markets as Nifty registered its fourth consecutive weekly decline. While the index showed some resilience early in the week, it failed to surpass the previous week’s high of 25,250, triggering a broad-based sell-off in the last two sessions. The weakness intensified on Friday, with the index breaching key … 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
Markets finally broke out of their five-week-long consolidation phase, supported by improving global sentiment, easing geopolitical tensions, and renewed buying interest from foreign institutional investors (FIIs) in the latter part of the week. The rebound followed a cautious start, with broader participation seen midweek as sentiment turned positive. Indices gained traction as concerns over Iran-Israel … Read more
Markets remained under pressure and ended the week in the red, with both benchmark indices slipping by over a percent. The decline was largely driven by rising geopolitical tensions and mixed global cues. After opening the week on a cautious note, the indices saw heightened volatility and eventually closed near their weekly lows. The Nifty … Read more
Markets saw a sharp rebound this week, climbing over 4.5% in the holiday-shortened week, driven by upbeat cues from both domestic and global fronts. Benchmark indices kicked off the week with a strong gap-up opening and sustained the momentum in subsequent sessions. As a result, the Nifty and Sensex closed near their weekly highs at … Read more
Benchmark indices Sensex and Nifty 50 fell sharply by 2.6% each last week, with the Nifty slipping below the crucial 23,000 level to close at 22,904, amid a broad-based global sell-off fueled by U.S. President Trump’s tariff actions and renewed concerns over a potential economic slowdown. The broader market was not spared either, as the … Read more
“So, all this put together, along with the few pointers which you just mentioned, which Ansh just mentioned that the open interest has come down by 2% in Nifty futures,” says Sudeep Shah, SBI Securities.Firstly, to understand this bounce back that we are seeing in trade today, do you expect that to sustain?Sudeep Shah: In … Read more
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
The Nifty formed a bearish engulfing candle on the weekly chart as it ended Friday’s trading session on a negative note as the index plunged ahead of a key U.S. jobs report, which could influence the Federal Reserve‘s decisions on the pace and magnitude of interest rate cuts. The 50 component index Nifty 50 as … Read more
The Nifty opened with a gap down on Friday after reaching a new all-time high in the previous session and experienced weak price action throughout the day, closing down by 293 points. Meanwhile, the Bank Nifty has been underperforming and may continue to do so. On Friday, the Nifty closed lower by 1.2% at 24,717.70, … Read more