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The first trading day of the month was profitable for the investors as the stock market, buoyed by series of positive news, closed with gains. Investor sentiment was bullish as auto sales numbers, recovery in PMI index and tax collections indicated strong recovery underway in the country’s economy. At the close, the Sensex was up […]
After a bounce-back on Thursday, the Indian stock market is expected to open with declines on Friday on weakness in global markets. Continued selling by foreign portfolio investors (FPI) will also weigh on the sentiments. Meanwhile, if benchmark indices end with declines today it will be the second consecutive weekly decline for the market. Nifty […]
Stocks in most of Asia are trading down after a relief rally on Thursday. The US stock index futures, open for trade on Friday are down or lower than expected Amazon earnings. The e-commerce giant also warned investors about lower-income and profit growth going forward. Japan’s Nikkei 225 dipped 1.2% in early trade, while the […]
Indian stock market ended in the green after three days of declines primarily lead by index heavyweights and metals shares. Positive global cues from China and the US Federal Reserve also supported the sentiments. Aggressive buying by domestic funds also helped lift the market. The foreign portfolio investors continued to sell in the cash market […]
The Indian stock market is expected to open firmer on the back of positive Asian cues. However, the market movement will be more stock-specific and broader moves are likely to be volatile due to the July series expiry day in the derivatives segment. After three days of losses, the market in Asia is witnessing a […]
Stock markets are slowly getting back to normalcy after Federal Reserve assured that the rise in interest rates is way away while the Chinese authorities also tried to soothe fears. Hang Seng in Hong Kong opened 2% higher after three days of declines. The stock markets in the mainland also recoded gains, with the Shanghai […]
It seems that troubles are mounting for Raju Kundra and his wife Shilpa Shetty from all sides. After the arrest of businessman Kundra in a pornography case, the stock market regulator on Wednesday fined Kundra his wife and actor Shilpa Shetty in a 2015 case of insider trading in a listed company named Viaan Industries […]
Mirroring Asian peers, the Indian stock market closed in the red for a third straight session. However, bargain hunting and a couple of index heavyweights reversing their losses during the session helped sharp bounce back in the market from day’s low. The benchmark Sensex and Nifty opened weak and continued to their slide on heavy […]
Despite slowing down of operations during the second wave of Covid19, Reliance Industries Limited on Friday reporter strong performance when compared on yearly basis. However, quarter on quarter the performance seems to be affected by the pandemic disruptions. The overall performance of the company was dominated by better than expected oil refining petrochemicals and telecom […]
Technology-driven food delivery start-up, Zomato is making its debut on the stock exchanges on Monday. The response to its Rs 9,375 crore fundraising had already indicated investors’ interest in the newer business model, despite concerns surrounding its valuations and profitability. The shares are listed at Rs115. At 10.08 am on Friday, shares are trading at […]
After three straight sessions of losses, the Indian stock market bounced back on Thursday on positive global cues with the best gains in two months. Positive global stocks, cooling crude oil and buying after a small correction were the triggers for change in the trend at the beginning of the week. Short covering in index […]
Back on positive global cues and backed by banks and financial services shares, Indian benchmark indices managed to close higher after three days of losses. This is the highest single-day up move in the Sensex since May 12. At the close of Tuesday, Sensex was 52,769, up 397 points while, Nifty closed up by 119.75 […]
Indian shares are expected to open with big gains on back of positive global cues. Record closing in the US, bullish Asian peers and better than estimated inflation data released on Monday are likely to provide positive support to the market. The Nifty futures in Singapore are up by 140 points also indicate a strong […]
Asian Stock market continued its upward move on Tuesday on back of strong gains in the US markets. Most market in Asia are in the bullish momentum with Nikkei in Japan gaining 0.81 per cent, The South Korean 0.70 per cent and Hang Seng rising by 1.52 per cent. Expectations for a solid earnings season […]
For another day the Indian benchmark indices – Sensex and Nifty – could not hold on to their gains during the trading session and closed almost flat on Monday. Interestingly, since the beginning of June, the benchmark indices are moving in a narrow range but slowly losing their momentum on the bullish side. Supported by […]
After two days of profit booking, two weeks of losses, the Indian benchmarks are expected to open with gains on Monday. The SGX Nifty Futures in Singapore is trading up by 67 points at 15,795. The benchmark in India closed at 15,721 on Friday. A total of 11 companies will announce their June quarter earnings […]
Stock markets across Asia have bounced back off the lows of the last week helped by Friday’s record highs on Wall Street. However, the quarterly earnings and the Federal Reserve statements during the week are the major hurdles ahead. On Monday morning, Nikkei in Japan is up 1.9 percent, the South Korean market is up […]
Like the secondary market where Sensex and Nifty are at record highs, the primary market or where the shares are offered for the first time to the public before the listing is also gaining momentum. On Friday, two initial public offerings (IPO) closed for the subscription. The investors’ response is unbelievable! The specialty chemicals company […]
Asia’s oldest stock exchange, the Bombay Stock Exchange added another feather in the cap as it recorded the highest contribution in the industry net equity inflow by contributing Rs 6,072 crore against the total equity inflows of the industry of Rs 5,998 crore in June. As investors are queuing up for registration with stock exchanges, […]
Indian equity markets closed down on Tuesday after two sessions of gains. The market managed to reach a new record high, however, profit booking in Reliance, Tech Mahindra and Tata Motors dragged the market below the previous close. The benchmark, Sensex hit a record high of 53,129 but failed to hold on to the momentum. […]
