Global News

[ad_1] FILE PHOTO: A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui Sensex Today: Domestic markets started Friday's Trade on a positive note, amid firm global cues. Sensex Today:  The benchmark indices ended on negative note amid volatility on December 30, the last trading session of year 2022, with Nifty around 18,100. S&P BSE Sensex rallied to a high 61,393 in Friday’s morning trades. The benchmark index, thereafter, pared gains and slipped into the negative zone as the day progressed owing to weakness in index heavyweights ICICI Bank and HDFC twins. A heavy bout of selling in late trades, saw the BSE index plunge to a low of 60,744 – down 293 points from the day’s high. The Sensex finally ended the day with a loss of 293 points at 60,841. Despite the day’s loss, the BSE benchmark managed to gain 1.7 per cent this week, and also signed-off the...

[ad_1] Last week, the BSE benchmark jumped 1,384.96 points or 1.95 per cent, and the Nifty climbed 501.2 points or 2.34 per cent. The trading activity of foreign investors and the movement of global oil benchmark Brent crude would also dictate trends in equities. Stock markets will be driven by quarterly earnings by index majors, global trends and the RBI’s interest rate decision this week after digesting news on budget proposals and US Federal policy outcome, say analysts. The trading activity of foreign investors and the movement of global oil benchmark Brent crude would also dictate trends in equities. Also Read: Explained: Why RBI Banned Paytm Payments Bank? “On the domestic front, the MPC (Monetary Policy Committee) meeting is scheduled from February 6-8. The Q3 quarterly results season will continue to remain in focus. Bharti Airtel, Power Grid, Nestle, Lupin and Tata Power will announce their results this week,” said Pravesh Gour, Senior Technical Analyst, Swastika Investma...

[ad_1] Indications from GIFT Nifty trends suggest a pessimistic opening for the overall index in India, reflecting a decline of 43.50 points or 0.20 percent. Nifty futures are currently hovering around the 21,406 level in trading. On January 17, the Indian market experienced its most significant single-day decline in 18 months, driven by HDFC Bank’s disappointing performance in Q3. This led to a downturn in the banking sector, causing turbulence in the equity benchmarks, exacerbated by unfavorable global cues. Here’s a slew of stocks that will be in focus today on January 18; HDFC Bank: On January 18, attention will be on equity shares, particularly as HDFC Bank’s American Depository Receipt (ADR) closed significantly lower, dropping by 9 percent to $55.59 on the NYSE on January 17. This decline followed a generally negative assessment by most analysts regarding the private sector lender’s lackluster financial results for the quarter ending December FY24. In its report on Tuesday...

[ad_1] Last Updated: December 11, 2023, 09:27 IST Sensex today:  Equity benchmark indices opened with slim gains on Monday tracking mixed cues from elsewhere in Asia. The BSE Sensex rose 100 points to a fresh high of 69,928 and the NSE Nifty50 gained 17 points to 20,950. ONGC, HCL Tech, Tech M, IndusInd Bank, Kotak Bank and Tata Motors led gains on the Sensex, while Asian Paints, M&M, Sun Pharma, Dr Reddy’s were the top frontline laggards. The BSE MidCap index was up 0.3 per cent and the SmallCap index rose by 0.6 per cent. Global Cues In Asia, Hong Kong and mainland China stocks–CSI 300, Hang Seng–lost over 1 per cent on persistent deflationary pressures. China’s inflation fell by 0.5 per cent YoY, ahead of expectations. Nikkei, meanwhile, surged nearly 2 per cent on bets the central bank may not raise rates next week. Aparna Deb Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious a...

[ad_1] Last Updated: January 18, 2023, 09:29 IST FILE PHOTO: A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui Sensex Today: Key benchmarks opened on a positive note today. Sensex Today: Key benchmarks opened on a positive note today. Quarterly results, coupled with global trends, oil prices, and foreign fund flow, are expected to guide investors in Wednesday’s trade. The S&P BSE Sensex was quoting at 60,708 levels in early deals, up 2 points or 0.09 per cent. The Nifty50, meanwhile, was at 18,076 levels. In the broader markets, the BSE MidCap and SmallCap indices outrun frontline indices by gaining up to 0.2 per cent. Among sectors, the Nifty Metal index led from the front, advancing 0.8 per cent on the National Stock Exchange (NSE). On the flipside, the Nifty Realty index fell 0.5 per cent to trade as the top dragging index on the exchange. Global Cu...

[ad_1] Stock Market India: Sensex, Nifty open in the red Indian equity benchmarks extended losses for the second straight session on Thursday as rising Covid cases in China alarmed investors who had anticipated the world's second-largest economy to pick up steam following the easing of strict restrictions.  After closing marginally lower in the previous session, the BSE Sensex index fell 300.33 points to 60,609.95 in early trade on Thursday, and the broader NSE Nifty index opened in the red, reflecting a fall in wider Asian share markets along with oil prices. As traders try to settle their futures and options (F&)) contracts for the December derivatives, the last series of 2022, the expiry on Thursday could cause a spike in volatility. "Markets are likely to see a bearish opening on Thursday in view of weak global cues after US markets slumped overnight amidst rising bond yields over fears that inflation could pick up on China's reopening," said Prashanth Ta...