Market Overview On September 18, Indian stock markets experienced a downturn, reflecting a wave of caution among investors. The BSE Sensex witnessed a decline of 131 points, while the Nifty index fell below the 25,400 mark. This retreat came as investors eyed the impending results of the US Federal Reserve meeting, which sparked concerns about ...
NTPC Green Energy IPO: A Groundbreaking Move Towards Renewable Energy In a significant development for the renewable energy sector, NTPC Green Energy has officially submitted its application for an Initial Public Offering (IPO) on September 18. The company aims to raise a substantial Rs 10,000 crore (approximately $1.19 billion) by issuing fresh equity shares, with ...
Market Update: Volatility Ahead of Fed Outcomes Stock Market Overview: The stock market experienced notable volatility today in anticipation of the Federal Reserve’s (Fed) decision on interest rates. The Sensex and Nifty indices both ended the day lower, reflecting mixed investor sentiments. Midcap and smallcap stocks came under significant pressure, while the Nifty Bank index ...
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 ...
Market Overview The Indian stock market exhibited a positive trend today, reflecting investor optimism. Key indices showed notable movements, particularly in the real estate and consumer durables sectors. Analysts predict that the future performance of these markets will remain influenced by economic factors, including anticipated changes in interest rates by the US Federal Reserve. Market ...
Recent Performance of GPT Infraprojects Shares On September 17, GPT Infraprojects Limited (BSE: GPT) witnessed a notable upswing in its stock value, climbing as much as 2%. The shares concluded the trading session at ₹161.80, representing a gain of 1.31% on the Bombay Stock Exchange. This bullish trend comes in the wake of the company’s ...
Stock Market Overview Current Market Status: On this trading day, India’s benchmark indices showed modest gains. The Sensex closed at 83,079.66 points, reflecting an increase of 90.88 points or 0.11 percent. Similarly, the Nifty 50 index ended at 25,418.55 points, gaining 34.80 points or 0.14 percent. Out of the listed companies, a total of 1,713 ...
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 ...
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, ...
Concerns Raised by Union Finance Minister on Stock Market Speculation Union Finance Minister Nirmala Sitharaman highlighted the increasing need for caution regarding speculative activities in the stock market, specifically concerning futures and options trading. In a recent discussion with Network18 Editor-in-Chief Rahul Joshi on the ‘Chaupal’ program aired on News18, she emphasized the importance of ...
Market Overview of Union Bank of India Union Bank of India, a prominent player in the Indian banking sector, has been making headlines due to significant improvements in its financial performance. As of June 2024, the government holds a substantial 74.76 percent stake in the bank, reflecting the continued confidence of the state in this ...
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 ...
On September 13, Indian equity indices experienced a downward shift, with the Nifty closing below 25,350, indicating slight weakness in the market. Analyst Anuj Singhal from CNBC-Awaaz emphasizes the importance of staying aligned with the larger market trends, suggesting that investors who maintain a long position will ultimately reap rewards. As part of this strategy, ...
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 ...
Understanding IPOs: Key Considerations for Investors Initial Public Offerings (IPOs) have witnessed significant fluctuations in interest over the years. From a surge from 2004 to 2008, a brief resurgence in 2015, to a renewed wave of enthusiasm since last year, it’s essential for potential investors to approach IPOs with caution. Many individuals dive into IPO ...
Market Overview In 2024, Bharti Airtel has emerged as a standout performer in the stock market, showing remarkable growth. The telecommunications giant has witnessed an impressive gain of over 60% year-to-date, making it one of the top contenders in the market. This surge in the stock price highlights increasing investor confidence and the company’s robust ...
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 ...
