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Stock Market Live: Gift Nifty signals gap-down open; Nikkei slides 2% after BoJ hints rate hike | News on Markets
5Apr By adminNo Comments
Business

Stock Market Live: Gift Nifty signals gap-down open; Nikkei slides 2% after BoJ hints rate hike | News on Markets

Stock market updates on April 05, 2024: Benchmark indices may start Friday's trading session on a tepid note amid weak cues from global peers. The focus, however, will be on the RBI policy announcement at 10 AM. At 08:20 am, Gift Nifty futures quoted around 22,525, suggesting a likely gap-down of 100-odd points on the Nifty 50. Overnight, the US market reversed course and ended with sharp losses as Fed officials cautioned on expecations of early rate cuts, and stressed that inflation needs to be closely watched. The focus now shifts on the job report due tonight. The S&P 500, Dow Jones and Nasdaq dropped over 1 per cent each. Meanwhile, the US 10-year bond yield contiunued to hover around elevated levels of 4.30 per cent. Brent Crude Oil futures topped th...
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Stock Market LIVE: Gift Nifty hints quiet start to action packed day ahead | News on Markets
4Apr By adminNo Comments
Business

Stock Market LIVE: Gift Nifty hints quiet start to action packed day ahead | News on Markets

Stock market updates on April 04, 2024: Benchmark indices may exhibit volatility in trades on Thursday as market digest a slew of triggers ahead of the RBI policy outcome tomorrow. Global triggers On Wednesday, the US market ended on a mixed note after the US Federal Reserve reaffirmed that the Fed will stick to its wait-and-see approach given the strength in the economy and high inflation rate. The S&P 500 and Nasdaq advanced 0.1 per cent and 0.2 per cent, while Dow Jones slipped 0.1 per cent. Meanwhile, the US 10-year bond yield contiunued to hover around elevated 4.357 per cent levels. Gold futures extended its record rally to $2,319 per ounce, and Brent Crude Oil quoted near $90 per barrel. Nearer home, Japan's Nikkei rallied 1.5% and Kospi als...
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Sensex dips 100 pts amid sudden fall; Airtel, Infy weigh
12Dec By adminNo Comments
Business

Sensex dips 100 pts amid sudden fall; Airtel, Infy weigh

Stock market LIVE updates: Underperforming firm global momentum, Indian equities started on a tepid note on Tuesday. The S&P BSE Sensex was at 70,014 level, up 85 points or 0.12 per cent. The Nifty50, on the other hand, hit a record high of 21,038 level, up 41 points or 0.17 per cent.  HDFC Life, Hindalco, M&M, Hero MotoCorp, SBI Life, JSW Steel, Tata Steel, Adani Ports, ITC, Grasim, Tata Consumer Products, Bajaj Auto, Adani Enterprises, and BPCL were the top gainers on the 50-pack index, up between 0.5 per cent and 1.7 per cent. On the other hand, ONGC, Infosys, L&T, Apollo Hospitals, Bharti Airtel were the top laggards, down up to 1 per cent. In the broader market, the BSE MidCap and SmallCap indices were ruling 0.28 per cent and 0.52 per cent highe...
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SmallCaps outperform; Bajaj Hind, Apollo Micro zoom 10%
6Nov By adminNo Comments
Business

SmallCaps outperform; Bajaj Hind, Apollo Micro zoom 10%

Stock market LIVE updates: Th rebound in global equities entered third day Monday as last Friday's lower-than-expected jobs data in the US reignited hopes that the Fed will abstain from hiking rates going ahead.The S&P BSE Sensex was up over 300 points around 64,700 levels. The Nifty50, on the other hand,was up 100-odd points at 19,333.  Eicher Motors, Axis Bank, L&T, Grasim, Hero MotoCotp, Coal India, Hindalco, Adani Enterprises, NTPC, Bajaj Finance, and JSW Steel marched ahead with the most gains, rising between 1 per cent and 2 per cent.  In the broader markets, meanwhile, the BSE MidCap and SmallCap added 0.61 per cent and 0.99 per cent, respectively.  Among sectors, the Nifty Realty index clocked gains of 1.5 per cent, followed by the Nifty Met...
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Dow gains 500 pts as Oil dips; Fed, BoJ policy in focus
31Oct By adminNo Comments
Business

Dow gains 500 pts as Oil dips; Fed, BoJ policy in focus

Stock market updates on October 31, 2023: Fronline indices are likely to extend the pullback in early deals on Tuesday following the sharp rally in the US market.  At 07:00 AM, Gift Nifty futures quoted at 19,235 as against Nifty50 close of 19,141 yesterday. Overnight the Wall Street ended with strong gains as crude oil prices dipped and yen rose to a two-week high versus dollar after reports suggested that the Bank of Japan was considering tweaking its yield curve control policy.  Brent Crude Oil prices tumbled over 3 per cent to $86.50-odd levels on Monday. Investors now await cues from the US Federal Reserve for its policy decision on Wednesday. Cues from the Asia-Pacific region were mixed. The S&P/ASX 200 and All Ordinaries were up 0.4 per cent...
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Sensex, Nifty remain range-bound; Metal index gains 1.5%
16Oct By adminNo Comments
Business

Sensex, Nifty remain range-bound; Metal index gains 1.5%

Stock market LIVE updates: Equity markets were range-bound with negative bias on Monday as investors juggled between Q2-FY24 quarterly results of India Inc and geopolitical tensions between Israel and Gaza. The S&P BSE Sensex quoted at 66,245 levels, down 38 points or 0.06 per cent. The Nifty50, on the other hand, hovered around 19,750-mark.  In the broader markets, the BSE MidCap and SmallCap indices outperformed the market by rising 0.39 per cent and 0.52 per cent, respectively. Among individual stocks, shares of Delta Corp tanked 11 per cent after the company's subsidiary received notice for a goods and services tax of Rs 6,384 for payment of the shortfall tax. READ MORE Shares of Gujarat State Fertilizers & Chemicals Limited (GSFC) rallied 9 per cent on t...
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