Market Overview: BSE Sensex and Nifty Performance The Indian stock market experienced a modest decline on September 18, 2023, with the BSE Sensex closing at 82,948.23, down 131.43 points, equivalent to a 0.16% decrease. Similarly, the Nifty witnessed a drop of 41 points, also reflecting a 0.16% fall, concluding the day at 25,377.50. This downturn ...
Market Overview: This morning, the GIFT Nifty was showing a slight gain, hovering around 25,458, indicating a potential flat opening for the Indian benchmark indices, Sensex and Nifty, on September 18. The previous trading day, September 17, saw the Sensex and Nifty both close at record highs, marking their second consecutive day of gains. This ...
Market Outlook: Anticipating the Fed’s Decision Today marks a crucial moment in the financial markets, as global investors eagerly await the Federal Reserve’s decision regarding interest rates. Anuj Singhal, a prominent analyst from CNBC-Awaaz, highlights that the markets are abuzz with anticipation, debating whether the Fed will opt for a reduction of 25 or 50 ...
Nifty Trade Setup Analysis The Nifty 50 index reached a historic closing high of 25,419 on September 17, marking a modest gain of 35 points. The positive momentum can be attributed to favorable trends in key technical indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD). Market analysts suggest ...
Stock Market Overview: September 17, 2024 The stock market exhibited a mixed session on September 17, 2024, reflecting a cautious sentiment among investors. With indices showing slight gains, it indicates a degree of resilience in the market, even as economic factors continue to influence market dynamics. Market Performance Summary The benchmark index, Sensex, concluded the ...
As the market enters a phase of consolidation ahead of the Federal Reserve’s upcoming meeting on interest rates, investors are closely monitoring key indices. The Nifty index maintains a robust position above the 24,000 mark, while the Sensex trades prominently above 83,100. Major stocks like ICICI Bank, Bharti Airtel, L&T, and Reliance are providing support ...
Insights from HDFC’s Equity Fund Manager on the Financial Sector In a recent interview with Moneycontrol, Srinivasan Ramamurthy, the Fund Manager (Equity) at HDFC Asset Management Company, discussed current trends in the stock market, particularly within the financial sector. His insights reveal a detailed understanding of market dynamics and investment opportunities amidst rising valuations. Current ...
Market Overview Indian benchmark indices, the Sensex and Nifty 50, are anticipated to open on a stable or positive note on September 17. Earlier in the day, Nifty was trading slightly higher at around 25,492.50. The markets demonstrated resilience by hitting new all-time intraday highs on September 16, successfully breaking a three-day losing streak. Nifty ...
Nifty Trade Setup: September 16 Insights The Indian stock market closed on a positive note yesterday, showing a modest advancement in the Nifty 50 index, which rose by 27 points to settle at 25,384. Notably, this trading day also saw the index achieve a new intraday high. The formation of higher tops and bottoms is ...
As of September 17, 2024, at 7:55 AM IST, the stock market has demonstrated mixed performance, prompting investors to navigate through the prevailing volatility with caution. Religare Broking’s Ajit Mishra shared insights into the day’s trading activity, revealing a sluggish market characterized by modest gains. Market Overview The stock market experienced a slight upward movement, ...
Introduction The anticipation surrounding the upcoming Federal Reserve meeting on September 18 is building, as many analysts expect a pivotal change in monetary policy. Following a prolonged period of high-interest rates which began after the financial uncertainties of early 2020, the Fed is poised to announce its first rate reduction, marking a significant shift in ...
Market Insights and Stock Recommendations In the ever-evolving landscape of the stock market, making informed investment choices is crucial. Sudeep Shah, the Head of Technical and Derivatives Research at SBI Securities, shares his insights on two standout stocks, PVR INOX and Tech Mahindra, which he believes are poised for significant short-term growth. Let’s delve into ...
Market Insights from Sudeep Shah of SBI Securities Sudeep Shah, head of technical and derivative research at SBI Securities, has shared his insights on the Indian stock market, particularly focusing on the Nifty index and select stocks like PVR Inox and Tech Mahindra. With over 17 years of experience, Shah analyzes market patterns and provides ...
Market Overview The stock market is currently experiencing a bullish sentiment, with major indices such as Nifty, Sensex, and Midcap reaching all-time highs. Notably, stocks in the sugar and liquor sectors have shown significant activity, with companies like Dhampur, Triveni, and Radico Khaitan reporting gains of over 4%. This surge follows the government’s recent approval ...
September 16, 2024, 7:18 AM IST Welcome to Moneycontrol’s live stock market blog for September 16, 2024! We’re here to provide you with real-time updates and insights as the trading day unfolds on Dalal Street. As you enter the market today, it’s essential to stay informed about both Indian and global market movements. Today’s Market ...
Market Insights with Sushil Kedia In a recent discussion about the future trajectory of stock markets, renowned financial expert Sushil Kedia from Kedianomics shared some insightful observations. He emphasized that a global correction is underway and India is poised to follow suit. While acknowledging India’s delayed market boom, Kedia cautioned investors about the impending corrections ...
Market Outlook: Insights from Tushar Pradhan As we navigate the complexities of the financial landscape, Tushar Pradhan, Director at Hexagon Partners LLP, provides a nuanced perspective on market trends and potential investment opportunities. With over 26 years of experience in investment management, Pradhan emphasizes that the current market is influenced by a plethora of factors, ...
Market Overview: In the week concluding on September 13, the stock market experienced a robust rally, with major indices reaching unprecedented heights. This surge was fueled by favorable monsoon conditions and encouraging economic indicators. Positive sentiment was also bolstered by anticipations of an imminent interest rate cut by the Federal Reserve during its upcoming policy ...
Market Overview As of September 13, the Indian stock market has witnessed substantial growth, buoyed by strong global cues and persistent buying from both domestic and foreign institutional investors. The BSE Sensex reached a new record high of 82,890.94, marking an impressive increase of 1,707.01 points or 2.10%. Similarly, the Nifty50 index also recorded significant ...
The Bullish Outlook on Coal India Stocks In the ever-evolving landscape of stock investments, market analysts continuously assess potential opportunities for growth. Recently, renowned market expert Prashant Sawant has expressed a bullish stance on Coal India Ltd, a significant player in the mining sector. This article delves into his insights, potential price targets, and strategic ...
