Indian Stock Markets and Forex in Pause Mode Indian stock markets took a breather yesterday as they remained closed for the day. The USD-INR forex market also joined the hiatus, experiencing a holiday. However, the commodity markets, dealing in precious metals like gold and silver, were active during the evening session. Mixed Bag for Asian … Read more
Stock Market Weekly Updates: Key Developments 1. Forex Reserves Surge: 2. Tata Group’s IPL Title Sponsorship: 3. Oil Companies’ Capital Expenditure: 4. Highway Projects on the Horizon: 5. Akasa Air’s Boeing Order: 6. LIC Overtakes SBI: 7. Windfall Tax Reduction: 8. Job Creation Slowdown: Markets This Week The stock market experienced notable fluctuations throughout the … Read more
Indian Markets Close in the Red with FMCG and IT Stocks Leading the Decline The Indian stock markets witnessed a day of regular buying and selling, with both the Nifty 50 and Sensex closing in the red. The day’s trading session saw a notable decline in FMCG (Fast Moving Consumer Goods) and IT stocks, while … Read more
Indian Markets Witness Upward Movement The Indian stock markets experienced a positive surge in yesterday’s trading session. The notable gainers were primarily in the oil & gas and metal sectors, while media and private bank stocks faced a decline. Global Market Overview Across Asia, with the exception of Hong Kong and China, all major markets … Read more
Stock Market Updates: Market Recap: A Day of Decline The stock market witnessed a downward trend yesterday, with notable shifts in various sectors. Consumer durables and financial services stocks took a hit, while pharma stocks experienced a rise. Let’s delve into the specifics of the market movement. Sector Performance: Winners and Losers The Winners: Pharma … Read more
Indian Stock Market Witness Heavy Selling: A Recap of Yesterday’s Stock Market Activity Market Overview:Indian Stock Market experienced significant selling pressure on 17.01.2024. The day began with markets opening at a lower level, and unfortunately, the trend continued downward throughout the trading session. The major contributors to this decline were stocks in the banking and … Read more
Stock Market Recap: Red Day for Global Markets yesterday The Stock markets saw a predominantly red day, with all major indices closing in negative territory. In Asia, excluding China, and across Europe, stocks dipped, reflecting a broader trend. The US markets remained closed on Martin Luther King Jr Day, leading to the absence of Dow … Read more
Nifty 50 Sets Record: Surges Past 22,000 Mark for the First Time Ever In an unprecedented move, the Nifty 50 soared past the historic 22,000 mark, marking a significant milestone in the stock market. Sectoral Highlights: Railway, Oil & Gas, and IT Shine; Media Faces Decline Railway stocks witnessed a substantial rise, contributing to the … Read more
Stock Market India’s Economic Overview: Weekly Data Highlights Inflation and Imports 1. Retail Inflation on the Rise:India experienced a slight uptick in retail inflation, reaching 5.69% in December compared to 5.55% in November. This suggests potential challenges for consumers in the coming months. 2. Edible Oil Imports Decline:The Solvent Extractors’ Association of India reported a … Read more
Stock Market Soar, Defying Asian Trends Indian Stock market displayed resilience as they opened higher than the previous day’s closing point, setting a positive tone for the day. Rising Trends The bullish momentum continued throughout the trading session, ultimately pushing the markets to close with a notable gain of over 1%. Notably, the Information Technology … Read more