MUMBAI: Across-the-board buying lifted the sensex by 1,331 points to close above the 80k mark on Friday as global cues, especially strong US markets in the last two days, supported investor sentiment on Dalal Street. Adani group stocks that were under pressure since Hindenburg Research’s Aug 10 report too rallied.The sensex opened the day’s session … Read more
MUMBAI: Global market weakness, geopolitical issues that led to rise in crude oil prices and high valuations of most domestic stocks weighed on investor sentiment on the market that resulted in strong selloff through the session on Tuesday. As a result, the sensex lost nearly 700 points or 0.9% to close at 78,956 points while … Read more
MUMBAI: A host of global and local factors — from Japan’s first interest rate hike in 17 years to fears of overvaluation in some stock market segments — pulled the sensex down on Tuesday even though foreign and domestic funds were net buyers.The sensex and Nifty opened the day’s session in the red and lost … Read more
MUMBAI: Despite some volatility, domestic equities clocked marginal gains in the week ended January 12, and benchmark indices scaled lifetime highs led by index heavyweights. While the overall trajectory for markets remains positive in the coming week, there are several factors that will decide the sustainability of gains. “The Q3FY24 earnings season will be the … Read more