Trade Setup | Nigel Dsouza’s View On Market Nifty still in a 400 pt range Nifty Bank either it visits 43,600 or tests 44700 Change in OI for August 2023 series Nifty – 3.7 percent Nifty Bank – 10 percent FII in FNO a. Index Futures Remain 57 percent net short, Signs of … Read more
05:46 PM FPIs’ investment value in Indian equities gains 20% to $626 bn in Q1 The value of foreign portfolio investors’ holdings in the domestic equities reached USD 626 billion in the three months ended June 2023, which was 20 per cent higher from the year-ago period, according to a Morningstar report.This could be attributed … Read more
Sensex Today Live: Indian shares fell on Friday, dragged by IT stocks, tracking a slide in global equities on rate concerns in the United States and deflation and demand worries in China. Both benchmarks have lost over 0.5% so far in the week. If losses hold, the benchmarks would have slid for the fourth consecutive … Read more
Sensex Today Live: Indian shares fell on Thursday, weighed by information technology (IT) and financial stocks, tracking weakness in Asian peers on worries over China’s economy and Wall Street on interest rate concerns. High-weightage financials and IT shed 0.35% and 0.8%, respectively, while the fast moving consumer goods index lost 0.8%. Conversely, the more domestic-focussed … Read more
Sensex Today Live: Benchmark equity indices declined on Wednesday amid weak global market trends and continuous foreign fund outflows. From the Sensex pack, Bajaj Finance, HDFC Bank, IndusInd Bank, Tata Motors, Tata Steel, Bajaj Finserv, JSW Steel and ICICI Bank were the major laggards. ITC, Tech Mahindra, Infosys, State Bank of India, Wipro, HCL Technologies, … Read more
Sensex Today Live: Indian shares fell on Monday to a more than one-month low, in line with Asian peers, weighed by concerns around local industrial output and weak consumption in top consumer China, while investors focus on domestic inflation data due later in the day. Metal stocks were the top drag, falling about 2%, while … Read more
Sensex Today Live: Indian shares trade flat on Wednesday after data from China fuelled deflation concerns and Moody’s U.S. banking downgrade triggered a sell-off in Wall Street, ahead of the Reserve Bank of India’s (RBI) policy decision this week. Ten of the 13 major sectoral indexes logged losses with high weightage financials, bank, private bank … Read more
Sensex Today Highlights: Benchmark equity indices fell on Tuesday as investors turned cautious ahead of the key events — RBI’s monetary policy and the US inflation data — due to be announced later this week. Continuous foreign fund outflows and weak trend in Asian and European markets also played spoilsport for the domestic markets.The 30-share … Read more
13:27 (IST) 7 Aug 2023 Mahindra & Mahindra shares jump 3.7% today after Q1 earnings beat estimates Stocks To Watch: Adani Enterprises, Reliance Industries, BHEL, Britannia, Bank of Baroda, ABFRL, Gland Pharma Cognizant: Strong deal win momentum continues; company to unlock potential with NextGen programme in FY24-25 Stocks To Watch: GAIL (India), Maruti Suzuki, Reliance … Read more
Sensex Today Live: Indian shares fell on Wednesday, dragged by broad sectoral slide, tracking global peers after weak economic data from the United States, euro zone and China triggered caution and weighed on risk sentiment. The slide in domestic equities followed a decline in Asian peers after a weak close in Wall Street and Europe … Read more