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Source: Live Mint Over the weekend, India and Pakistan agreed to end four days of conflict, while the US and China agreed to slash tariffs for 90 days. Stocks took off in response, turning investors wealthier by ₹16 trillion, the most since 25 May, 2021. The Nifty 50 shot up 3.8% to close at 24,924.70,…
Source: Live Mint The set up by the end of the day indicates continuation of the downside pressure, unless tensions abate. Selling in heavyweights such as ICICI Bank, HDFC Bank and Reliance Industries dragged both Nifty and Sensex down by 1.1% each. Nifty closed down by 266 points at 24,008, slightly below its 200-day moving…
Source: Live Mint Indian benchmark indices continued the rally on Thursday, surging more than 7% since their recent lows amid Trump’s tariff flip-flops. The Nifty 50 index closed 1.77% higher on Thursday, up 414.45 points at 23,851.65. Sensex closed 1.96% up at 78,553.2. Since its last intraday low of 21,743.65 on 7 April, Nifty 50…
Source: Live Mint On Tuesday—the worst day for the Indian markets since 28 February—benchmark indices tumbled more than 1.5%, reflecting jitters around the upcoming announcement and leaving investors poorer by more than ₹3.4 trillion. The S&P BSE Sensex dropped 1.8% to settle at 76,024.51, while peer Nifty 50 closed 1.5% lower at 23,165.70. After a…
Source: Live Mint Foreign Portfolio Investors (FPIs) continued their selling streak in the Indian equity markets for the third consecutive month in March 2025. Following net outflows of ₹78,027 crore in January and ₹34,574 crore in February, FPIs offloaded Indian equities worth ₹30,015 crore in the first half of March, according to data from the…
Source: Live Mint Indian stock markets have been on a persistent downtrend, marking five consecutive months of losses. The market selloff showed no signs of easing on Monday, March 3, as the 30-share Sensex declined over 400 points in intraday trade, while the Nifty 50 slipped more than half a percent, approaching the 22,000 mark….
Source: Live Mint On a day when trading volumes were low, the Indian markets continued their downward spiral for the fifth straight session on Monday. Benchmark indices slid more than 1% each to their respective eight-month lows, wiping out a staggering ₹4,34,579 crore in investor wealth in a day. Total turnover on NSE—at ₹71,947.32 crore—was…
Source: Live Mint Earnings have seen a 10% downgrade for FY25, affecting large-, mid-, and small-caps alike, said Trideep Bhattacharya, president and chief investment officer-equities at Edelweiss Asset Management Company Ltd, which oversees equity assets totalling nearly ₹23,000 crore. This broad-based reduction suggests a gradual recovery, rather than an immediate rebound, he said, adding, “We…
Source: Live Mint Rohit Murarka, Business Head, Kotak Cherry believes the market is expecting some kind of stimulus in the budget as the overall economy, especially demand conditions, is facing a slowdown. Murarka suggested that investors diversify investments across various asset classes like equities, fixed income, real estate, and commodities. This strategy helps mitigate risks…
Source: Live Mint Foreign portfolio investors (FPIs) have withdrawn ₹64,156 crore from the Indian equities market so far in January 2025, in an unabated exodus amid Rupee depreciation, rise in United States bond yields and expectations of an overall tepid earnings season, according to a PTI report. The selling shows a reversal in investor sentiments…
