With the Securities and Exchange Board of India (Sebi) all set to implement same-day settlement of trades in a few months, the Indian stock market has emerged as one of the fastest in the world to adopt this. In fact, the regulator is eventually looking at moving towards instantaneous settlement of trades. Let’s understand a …
In the choppy and truncated trading week, the markets extended their gains with some spurt in the volatility as well. In three out of four trading sessions, the Nifty index moved higher. In the previous technical note, it was categorically mentioned that the Nifty has achieved a full throwback by retesting the original breakout point …
Nifty on Friday ended 43 points lower to form a long bull candle with an upper shadow on the daily chart. The positive chart pattern like higher tops and bottoms is intact as per daily chart and Friday’s swing low of 19,635 could be considered as a new higher bottom of the sequence. The short-term …
Mumbai: Companies making up the Nifty 50 are expected to report another quarter of robust aggregate profit growth in the three months to September, helped by moderating commodity prices, a lower base effect, and standout performances by select automotive and financial businesses. Revenue growth outlook, although better than the fiscal first quarter, may be rather …
Indian benchmark stock indices closed in the green for the fourth consecutive day on Wednesday on buying in HDFC Bank and a largely firm trend in Asian markets. Fag-end buying helped the BSE Sensex climb 100 points to settle at 65,880.52. During the day, it had declined 292 points to 65,488.03. Global stocks faced headwinds …
Indian equities, riding on gains in the global markets, snapped two days of losses and ended on a high note. The Sensex gained over 100 points, settling just shy of the 65,000-mark, while the Nifty added 40 points, ending at 19,306. Analysts predict the markets will remain in consolidation mode amid key events such as …
Indian equities, dragged by index heavyweight Reliance Industries, ended in the red, snapping its 3-day rally. The Sensex fell by 181 points to close at 65,252, while the Nifty closed 57 points lower, settling below the 19,400 mark. Sectorally, the IT index emerged as the top gainer, while the Healthcare and PSU Bank indices were …
After losses in the last week, the short-term trajectory of domestic equities is seen as weak, and investors may sit on the fence looking for fresh cues, as the earnings season draws to a close. Therefore, rangebound trade could be seen in indices in the truncated week ahead. The stock markets are closed on Tuesday …