Nifty

India is the most expensive stock market in the world

Even after the recent correction, Nifty is trading around 20 times FY 24 earnings, making India the most expensive market in the world, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Sep 23, 2023

Sensex down by 625 points due to multiple headwinds in opening session

There are too many challenges for the market in the near-term. Brent crude at $94, the dollar index above 105, the two-year US bond yield at 5.09 per cent and the INR at record lows against the dollar are strong headwinds, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Sep 20, 2023

'Triple danger' looming over Indian markets in the near-term

There is a 'triple danger' looming over markets in the near-term: dollar index above 105, steadily rising US 10-year bond now around 4.39 per cent and the Brent crude above $94, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Sep 18, 2023

Stock Market: NTPC top performer in Nifty's rally from 19k to 20k

New Delhi, Sep 15 (IANS) NTPC, Coal India, Cipla, L&T and Tata Steel were top performers, while Britannia, Eicher, HUL, HDFC Bank and Nestle were the key laggards during Nifty's 19k to 20k journey during Jun'23- Sept'23.

Sep 15, 2023

Buoyant sentiments may lift Nifty towards 20K mark over next few days

Nifty has been gaining strength and is inching closer towards its life high of 19,992, says Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

Sep 10, 2023

Sensex, Nifty just shy of record highs ahead of G 20 summit

Benchmark Indices ended the week on Friday just a few percentage away from record highs ahead of the G20 Summit buoyed by good support from the Bank Nifty on positive newsflow from the RBI as well as the PSU & Infrastructure stocks, says S Ranganathan, Head of Research at LKP Securities.

Sep 8, 2023

Nifty closes lower with a loss of 2% for the month of August [details]

Domestic equities saw profit booking on the last day of the month ahead of GDP data and monthly FNO expiry. Overall, for the month of August Nifty closed lower with a loss of 2 per cent, said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

Aug 31, 2023

Sensex up more than 100 points in morning trade

BSE Sensex is up 101 points in trade at 65,097 points in Tuesday morning trade.

Aug 29, 2023

Nifty's breach below the 19,250 - 19,270 zone can trigger further slide: Expert

A decisive breach below the 19,250 - 19,270 zone shall weaken the overall bias and can trigger for further slide with next major support zone visible near 18,800 - 18,900 levels with 19,000 as the psychological landmark in-between, says Vaishali Parekh, Vice President - Technical Research, Prabhudas Lilladher.

Aug 25, 2023

Sensex, Nifty down after RBI's hawkish statements

Nifty opened lower cautiously awaiting the outcome and witnessed sell-off post the RBI statement and finally closed with a loss of 89 points at 19,543 level

Aug 10, 2023

Sensex dovetails further, now more than 500 points down

BSE Sensex was down 565 points in trade on Thursday afternoon as the market absorbed the impact of the US downgrade.

Aug 3, 2023

Impact of US rating downgrade: Sensex down by 132 points today

BSE Sensex was down 123 points in trade on Thursday morning as the market absorbed the impact of the US downgrade.

Aug 3, 2023

Sensex moves up 430 pts in morning trade, reaches 66,786 points

BSE Sensex is up 430 points in morning trade on Wednesday at 66,786 points.

Jul 26, 2023

Profit Booking? FPIs sold stocks worth Rs 2,081 cr in last 2 days

In the last two days, FPIs have sold stocks worth Rs 2,081 crore indicating buying exhaustion, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Jul 25, 2023

Nifty fails to reach 20K milestone, falls at fastest pace in 18 weeks

Nifty fell sharply on Friday following disappointing results/guidance from IT companies, including Infosys, said Deepak Jasani, Head of Retail Research at HDFC Securities.

Jul 22, 2023

Weak results in Q1 by Infosys, HUL drag down Sensex by 800 points

Weak Q1 results by Infosys and Hindustan Unilever are weighing on Indian indices as the BSE Sensex extended its fall on Friday to 800 points.

Jul 21, 2023

Infosys leads fall in Indian indices, 2nd most expensive market after US

A sharp fall in Infosys after the Q1 results led the markets down sharply by more than 600 points on Friday.

Jul 21, 2023

Sensex scales new heights, Nifty nears 20K target

The two Indian stock exchanges continued their uptrend on Thursday to touch new peaks.

Jul 20, 2023

Markets: Domestic sellers maximum in 12 trading sessions

Domestic institutional investors (DII) were sellers in eight out of the 12 trading sessions with a net sell figure of Rs 7,868 crore

Jul 19, 2023

Next stop or target would be 20K on NIFTY: Expert

Markets were on a roll last week and it seemed that there was no stopping their upward rise. They gained on four of the five trading sessions and continued to scale new heights on virtually every session, writes columnist Arun Kejriwal.

Jul 17, 2023