[ad_1] 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 average of…
[ad_1] A typical theme that has dominated equity market conversations over the last six months is whether domestic institutional investors (DIIs) should keep funding the relentless exodus of foreign institutional investors (FIIs) from Indian markets. Experts, speaking at the Mint India Investment Summit and Awards 2025 in Mumbai on Saturday, however, said investors should look…
[ad_1] India’s Nifty 50 and Sensex indices have logged their strongest weekly run since February 2021, gaining nearly 4% this week and offering much-needed relief for bargain hunters after plunging 14% from their September highs. But the real stars were the Nifty Smallcap 250 and Nifty Midcap 100, which jumped 8% and 7%, outpacing their…
[ad_1] Indian markets resumed their upward trajectory on Friday, rebounding from the heightened volatility triggered by the Union Budget 2024’s capital gains tax hike and an STT increase on derivatives. Despite less favorable global cues and foreign portfolio investors pulling out of Indian equities following the budget announcement, the indices staged a notable recovery. In…
