Nifty extended its gains for the sixth consecutive session on Tuesday, once again touching a fresh record high in the last hour of trade, said Deepak Jasani, Head of Retail Research at HDFC Securities.
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Nifty closes at all-time high, up for fifth straight session
Nifty ended higher for the fifth straight session on Monday after hitting an all-time high on the intra-day charts, said Deepak Jasani, Head of Retail Research at HDFC Securities.
Domestic equities gain for fourth straight session
Domestic equities gained for the fourth consecutive day on Friday, recovering more than 500 points or 2.3 per cent, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.
India's exports rise 3% in Jan, trade deficit narrows to 9-month low
The country’s merchandise imports also increased by 3.0 per cent in January 2024 to $54.41 billion but were lower than $58.25 billion in December 2023.
Indian stock market multiplied 4 times compared to zero returns for China since 2010
In early 2010, the Shanghai composite index was around 3,000. Now it is below that level at around 2,865: No return during the last 14 years. In sharp contrast, Nifty was around 5,000 in early 2010 and is now above 21,500, multiplying more than four times during 14 years, he said.
Sensex slips below 72K mark
The weakness in the Sensex is led by the IT heavyweights with Infosys and Tech Mahindra down more than 1 per cent. The IT index is down more than 1 per cent.
Microsoft to skill 2 mn Indians in AI, to further invest in country: Satya Nadella
Microsoft Chairman and CEO Satya Nadella on Wednesday announced that the company will train more than two million people in India in generative AI skills, to address talent shortage in the AI era.
Meta expands 'Take It Down' programme to help teens fight sextortion
Meta (formerly Facebook) has worked with the US National Center for Missing & Exploited Children (NCMEC) to expand the 'Take It Down' programme to more countries and languages to help millions of teens combat sextortion.
Nifty suffers sharp fall in last hour of trade
Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services, said Nifty traded sideways for the most part of the session. However, last-hour selling led the index to close with a loss of 82 points.
India's services sector PMI surges to 6-month high
Growth in India’s services sector rose to a 6-month high in January on the back of a higher demand and better outlook ahead, according to an HSBC report released on Monday.
Sensex zooms 1200 points, Nifty crosses 22k after Interim Budget
This clearly shows that the GoI is totally committed towards the long-term macro-economic stability, even if it comes at the sacrifice of growth in the short-term, the report said.
Meta CEO Zuckerberg apologies to families at social media hearing in US
When Senator Josh Hawley (R-MO) pressed Zuckerberg to apologise to families who attended the hearing, calling attention to kids who were targeted by predators online, Zuckerberg offered his apology.
Market expectations minimal on major proposals in Interim Budget
Nifty bounced back from a weak start and closed with gains of 204 points at 21,726 levels on Wednesday, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.
Broader market unable to hold gains on concerns of high valuations, subpar results
A tough battle unfolded in the market as the Nifty remained highly volatile throughout the day. The sentiment may continue to lean towards the bears as the Nifty struggled to surpass the 21,500 mark, where call writers held substantial positions, said Rupak De, Senior Technical Analyst, LKP Securities.
Thyroid imbalance may raise menstrual problems, affect fertility in women: Experts
The thyroid gland, located in the neck, produces hormones such as triiodothyronine (T3) and thyroxin (T4) that play a crucial role in regulating the body's metabolism, energy production, and overall growth and development.
FPIs pressed massive equity sale of Rs 24,000 cr in last 3 days
There is a sudden change in the strategy of the FPIs starting January 17 and they turned massive sellers in the cash market having sold equity worth Rs 24,147 crore in three days from January 17-19, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
FPIs sold equity massively for Rs 20,480 cr in last 2 days
An important trend in the market which has implications for retail investors is the revival of the tug of war between FIIs and DIIs, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
Samsung gears up to herald ‘AI smartphone’ era with Galaxy S24 series
The 'Circle to Search' feature is described as "Search any image, video, or text on your screen. Circle, highlight, scribble, or tap to pinpoint what you’re curious about, no screenshots necessary".
Infosys surges 7% to power Sensex gains of more than 600 points
Tech Mahindra is up more than 4 per cent, Wipro is up more than 4 per cent, TCS is up more than 3 per cent. BSE Sensex is trading up 631 points at 72,352 points.
Nifty midcap100 up 44% while Nifty smallcap100 surges 54%
The IPO market was very vibrant, following the bullish trend in the secondary market. 58 IPOs came to the market for subscription to raise funds worth Rs 48,000 crore against 40 IPOs last year (total issue size of Rs 64,000 crore).
Nifty hits all-time high as Fed sounds dovish
Thanks to the dovish narrative from the US Fed at the Federal Open Market Committee (FOMC) meeting, the Nifty 50 on Thursday scaled to an all-time high level and crossed the 21,100-mark for the first time, said Pranav Haridasan, MD and CEO at Axis Securities.
Markets take a breather before RBI policy announcement
Among sectors, Nifty Auto, Nifty PSU Bank and Nifty Pharma ended in green while Nifty IT, Nifty FMCG and Nifty Metal ended on the lower side, he said.
Benchmark indices at record highs, markets in overbought condition
The benchmark indices reached new record highs on Monday, with Nifty surpassing 20,650 and Bank Nifty achieving a record high, gaining 1617.20 points, said Mandar Bhojane, Research Analyst at Choice Broking.
Retail investor exuberance pushing up broader market
Retail investor exuberance is pushing up the broader market. Investors should not be blinded by the recency bias and chase small caps running away without fundamental support, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Superstar investors preference for companies with low or no debt
Mid and small-cap stocks, known for their higher risk-reward ratio, have delivered high returns to investors like Kedia. Two of his top three holdings have risen by almost 100 per cent over the last year.