The benchmark indices extended their winning streak for a second consecutive session on Monday, driven by strength in auto, IT, and metal stocks. Despite an intraday surge of nearly 600 points in the Sensex, profit-booking surfaced at higher levels. By the closing bell, the Sensex had climbed 455.37 points (0.56%), settling at 82,176.45, while the…
The Nifty Auto index has corrected more than 20% from its peak, dragged down by a broader market sell-off and a bloodbath in small-cap stocks. Contrarian investors should be scanning the horizon for hidden value. Beneath the surface gloom, tectonic shifts are reshaping the sector: electric vehicle adoption is rising, and premiumisation trends are defying…
The big day is here! FM Sitharaman will deliver her 8th Budget speech at 11 a.m. Even though it’s a Saturday, stock markets (BSE and NSE) will remain open. This will be her second full Budget under Modi 3.0 and her eighth overall, including six annual and two interim Budgets during the NDA tenure. From…
The longest weekly winning streak since 2010 came to an end this week as the Indian market faced significant selling pressure today. This downturn was influenced by a sell-off in global markets following fresh data from the US, which has reignited recession fears. These concerns have resurfaced in the headlines for the first time since…
The Indian market concluded July on a robust note, extending their winning streak to a second consecutive month. This positive momentum has been driven by significant sector rotation, which has played a pivotal role in sustaining the indices at elevated levels. Despite some volatility experienced after the budget—prompted by the government’s increase in capital gains…
