The Indian stock market extended its recovery for the second consecutive week, registering nearly a one per cent gain amid a phase of consolidation. Gains were capped by profit booking amid escalating geopolitical tensions between India and Pakistan following the Pahalgam terrorist attack. Next, investors will monitor key market triggers in the upcoming holiday-shortened week,…
The Indian stock market last experienced heightened volatility due to US tariff-led trade war jitters. However, a sharp rebound after the 90-day pause on US tariffs helped trim losses, ending the week with a modest decline. Next, investors will monitor key market triggers in the third week of the new fiscal (FY26). India’s retail inflation…
Himanshu Kohli, Co-founder, Client Associates believes current Nifty level of 23,500 is reasonable, not stretched, valuations are elevated but not euphoric. Kohli predicts Nifty target for the year-end to be around 26,000. He also suggested that tactical corrections would be healthy and may offer better entry points. Investors should watch for profit-booking in overbought segments,…
The Indian stock market closed the 2024-25 (FY25) financial year with gains after logging sharp gains in March driven by foreign capital inflow, final phases of profit booking, and improving domestic economic indicators. Next, investors will monitor key market triggers in the first week of the new fiscal (FY26). Donald Trump‘s reciprocal tariff announcements, foreign…
Markets have been swinging between gains and losses in the last week. Even after an almost 2 percent fall in August so far, Sushant Bhansali, CEO, Ambit Asset Management, does not foresee any substantial correction in the market in the near future. Although, volatility could persist, driven by both domestic and global economic data, he…
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 today’s…
