Last couple of days have been tumultuous for the markets with a deep cut on the major indices Nifty & Sensex. Nifty fell by almost 1000 points in 3 days & benchmark Sensex dropped by 3000 points which translates into a cut of 3-4%. Post exit polls event, it can easily be said that this…
Short selling is a trading strategy used as a financial term in the stock markets. In short selling, traders speculate over a stock and expect its price to fall. Short-selling traders are commonly known as short sellers. They place their bets on a company’s stock, which they anticipate will fall in a specific period of…
There is mayhem in the markets globally. Key indices in the US—the Nasdaq, the S&P 500, and the Dow Jones—and major European markets, including the UK’s FTSE, France’s CAC 40, and Germany’s DAX—suffered massive losses on August 5 on mounting fears that the US was staring at a recession and that the Fed had to…
The Nifty Auto index fell close to 4 per cent in the intraday trading session to 24,706.50 points on Monday, August 5, amid the stock market crash. The index has reached its lowest level since July 19. Index constituents like Tata Motors dropped 7.4 per cent to ₹1,015.45 per share on Monday, compared to ₹1,096.65…
Stocks to buy: The Indian stock market benchmark, the Nifty 50, cracked almost 3 per cent in the morning session of trade on Monday, August 5, on an across-the-board selloff amid weak global cues. Investors appeared nervous amid growing concerns of a recession in the US and rising tensions in the Middle East. The Nifty…
Chairperson of the Securities and Exchanges Board of India (SEBI) Madhabi Puri Buch said it is a matter of great pride for Indians that the country has ranked number one on the global league tables of initial public offerings (IPOs) to have the highest number of IPO’s, at a FICCI conference on Friday, August 2….
This week, the domestic market reached the psychological milestone of 25,000, with a peak at 25,078.30 before closing at 24,717. The market experienced a brief surge, in the last 7days, before consolidating due to subdued quarterly results & clampdown in Asian market like Japan. Initially, the week started positively as the budget-related volatility eased, but…
Shares of Sun TV Network, have been strengthening in recent months, reaching multi-month highs and trading near their all-time peaks. From a price of ₹415.85 in March 2023, the shares have surged 115% to their current price of ₹890. For the first time in 5 years, the stock has crossed the ₹900 mark during Thursday’s…
Stock market today: Indian stock market benchmarks- the Sensex and the Nifty 50- plunged 1 per cent each in early trade on Friday, August 2, on across-the-board selloff amid weak global cues. Sensex opened at 81,158.99 against its previous close of 81,867.55 and fell nearly 1 per cent to the level of 81,084.77. On the…
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…
