Indian equity indices opened in the red on Monday following weak global cues from asian peers.
At 9:45 a.m., Sensex was at 80,501, down 89 points or 0.11 per cent and Nifty was down 26 points or 0.12 per cent, at 24,504.
Buying is seen in the smallcap and midcap stocks. The Nifty smallcap 100 index is up 62 points or 0.34 per cent at 18,460 and the Nifty midcap 100 index is 124 points or 0.22 per cent at 56,032.
UltraTech Cement, Infosys, NTPC, Nestle, Power Grid, HDFC Bank, Po...
Sensex trades lower on weak global cues
Robust economic growth, decent corporate earnings, macroeconomic stability, expectations of political stability after elections, sustained capital flows, and retail investor enthusiasm will keep the market resilient despite rich valuations, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
A recent healthy trend in the market is the outperformance of the fundamentally strong large caps over the mid and small caps. This trend is making the market healthier and, t...
Robust economic growth will keep market resilient, say analysts
The Nifty snapped a four-week gaining streak on Friday, as it fell 2.1 per cent for the week and formed a bearish engulfing pattern on the weekly charts, said Deepak Jasani, Head of Retail Research, HDFC Securities.
The Nifty fell on Friday, pulling back after a rally in the previous session. While the Nifty closed the day at 22,023.35, down 123 points, or 0.56 per cent, the Sensex ended with a loss of 454 points, or 0.62 per cent, at 72,643.43.
“The Nifty has been facing selling ...
Nifty snaps four-week gaining streak
The market breadth turned negative on Tuesday as the advance-decline ratio fell to 0.16:1, the worst since October 23, 2023, said Deepak Jasani, Head of Retail Research at HDFC Securities.
Nifty ended flat after a volatile session on Tuesday. At close, Nifty was up 0.01 per cent, or 3.1 points, at 22,335.7, while the Sensex was up 165.32 points, or 0.22 per cent, at 73,667.96.
Cash market volumes on the NSE were flat at just below Rs 1 lakh crore, Jasani said.
The broad market indice...
Market breadth worst since October last year
Nifty rebounded on Tuesday, snapping a two-day decline in a choppy trading session, said Deepak Jasani, Head of Retail Research at HDFC Securities.
While the Nifty50 settled 0.34 per cent, or 76.3 points, higher at 22,198.35 on Tuesday, the BSE Sensex added 0.42 per cent, or 305.09 points, to close at 73,095.22.
The broad market indices ended marginally in the negative as the activity levels were concentrated in large and larger midcaps, Jasani said.
Meanwhile, foreign portfoli...
Nifty snaps two-day decline in choppy trading session
In a volatile session, Nifty ended in the green on Thursday, touching a fresh record high helped by positive global cues, said Deepak Jasani, Head Retail Research at HDFC Securities.
At close on Thursday, Nifty was up 162.40 points, or 0.74 per cent, at 22,217.45, while Sensex climbed 535.15 points or 0.74 per cent to reach 73,158.24.
Cash market volumes on the NSE were a bit lower than the previous session, but still closed at Rs 1.02 lakh crore. The Midcap index rose more than the Nif...
Nifty touches fresh record high on strong global cues
