MarketBuzz

The trading session on Thursday was definitely a very good one for the Indian benchmark indices. The market surged to another record high. The Nifty has now posted a record close for the sixth-straight session, extending its gaming streak to eight consecutive sessions and has rallied 865 points in eight sessions and has crossed 19,500 on an intra-day basis yesterday. The midcaps outperformed, with...

On Wednesday, we did have the frontline indices consolidate and the midcaps outperform. But, the Nifty still posted a record close and the midcap index was also at a record close in Wednesday’s trading session. The momentum was intact because we had 52.8 percent of the stocks which advanced in yesterday's trading session. India's market capitalisation hit a record high crossing Rs 300 lakh crore f...

Indian benchmark indices — Sensex and Nifty 50 — are likely to open little changed on July 5 amid caution due to concerns of escalating trade conflict between the US and China, and as investors await the US Federal Reserve's June monetary policy meeting minutes. The momentum, however, continues for the domestic markets considering that the markets hit a record high for the fourth consecutive day....

Indian equity benchmark indices — Sensex and Nifty 50 —  are likely to extend their gaining streak to the sixth day in a row on July 4, after a stellar five-day run. The structure and momentum seem intact for the domestic market after it closed at a record high for the third straight session. Overnight, the US markets eked out small gains in what was a truncated session. Asia, meanwhile, has large...

We are all set to begin trading for the second half of 2023, with the first half being extremely strong for equity markets despite multiple worries of a US-led recession and also spiralling interest rates. Now, when you're talking about the first half of 2023, US markets were very strong with the Nasdaq gaining over 31 percent for the first half of the year. And even June-end has been very strong...

Indian benchmark indices — Sensex and Nifty 50 — are likely headed for a gap-up start on June 30 as SGX Nifty was trading with a premium of more than 110 points from Nifty Futures Wednesday close. The futures and options contracts July series will begin today as the Indian markets resume after a short one-day break. Overnight cues remained positive in the US markets as the economy’s first quarter...

Indian benchmark indices — Sensex and Nifty 50 — are set to open higher on June 28, following gains on Wall Street after witnessing broad-based buying in the previous session, with the benchmark blue chip Nifty 50 inching towards an all-time high. India's NSE stock futures listed on the Singapore Exchange were up 0.25 percent at 18,858, as of 08:08 am. The Nifty 50 is less than half a percent shy...

Indian benchmark indices — Sensex and Nifty 50 — are seen opening marginally higher on June 27 after trading in a narrow range in the previous session, as investors look for new triggers, while interest rate worries are likely to keep investors on edge. There is also a slightly mute clip of a handover from the global markets, especially the US market. While most of the US markets ended in the red,...

Indian benchmark indices — Sensex and Nifty 50 —  were set for a muted open on June 26, on the heels of their first weekly loss in over a month, as crude prices rose on supply concerns after a short-lived mutiny by mercenaries in Russia. India's NSE stock futures listed on the Singapore Exchange were up 0.02 percent at 18,718, as of 07:48 am. Last week, the blue-chip Nifty 50 index consolidated ju...

The global markets are quite mixed. We got a mixed handover from the US markets. The S&P and Nasdaq snapped their three-day losing streak. While Dow Jones was absolutely flat with some negative bias. Apple hit fresh new highs, so definitely something to track as far as the technology space is concerned.  Asian markets are mixed yet again. Hang Seng is down 1.4 percent, Taiwan and China are shu...

We are seeing some negative cues coming in from the global markets today, June 22, 2023. US markets fell for the third-straight day and this was fuelled by the fact that US Fed chair spoke about more rate hikes by the end of this year, pouring some cold water on expectations that the era of tightening was at least over for now, but it hasn’t. The futures are flat right now, but we do have Asian ma...

As we begin a fresh new day, the cues we are getting from the US markets are weak, with both Dow Jones and S&P 500 down. After witnessing a stellar rally last week and a holiday on Monday, the US markets have made a comeback, but on the negative side. Asian markets are also lower as Wall Street has a seen a cool off in its rally. Hang Seng is down 1.5 percent, we have the Taiwanese index lower...

This morning, there were no cues coming in from the US markets as they were shut for a holiday. However, Asian markets are in focus as China has cut its five-year loan prime rate by 10 basis points and one-year loan prime rate by 10 basis points to 3.55 percent. This comes in after the Chinese Central bank had cut key interest rates last week itself. Japanese stocks too are in focus as Berkshire H...

This is a fresh new trading week and the cues for today are taking cues from last week when Nifty50 closed high for the fourth consecutive week and gains in financials and FMCG-led markets higher. Sensex, Nifty and midcap closed at intra-day highs on Friday's trading session and Nifty is now just 61 points away from its all-time high of 18,887.6 points. Now the big question of course, this week is...

There was definitely a bit of caution on Thursday after the US Fed’s hawkish comments. So , the Nifty and Sensex were profit booking. After three days of gains, the Nifty nifty failed to hold on to 18,700. Financials were under pressure. Bank Nifty saw an over 500 points cut in the index. Midcaps saw more strength, so the midcap index was at a record high and continued to gain in terms of global c...

India’s benchmark indices — Sensex and Nifty 50 — are likely headed for a subdued start on June 15, as SGX Nifty indicated this morning after the US Federal Reserve decided to keep interest rates unchanged. Also, as expected, the Fed paused but was a hawkish pause. It seems to be undecided about July but has indicated that there are more hikes ahead. Meanwhile, the US markets are a closed mix. The...

It was a good day of trade on Tuesday, ahead of the big cues. The Nifty scaled 18,700. The India CPI, steady global cues, lower crude prices, aided sentiments. The US inflation data came in at 4 percent for May, which is at an over two-year low, which also boosted sentiment in terms of what the US Fed could do. Hence, US markets closed higher, Asian markets are largely higher at this point and the...

Let’s begin with what the cues were overnight. Wall Street saw a strong close, with Dow Jones ending 0.5 percent up, S&P 500 up almost 1 percent, while the Nasdaq continued to march forward. Nasdaq was up 1.5 percent, led higher by Apple. After it unveiling the Vision Pro last week, the Apple stock has been on the tear. Yesterday as well it hit a fresh all-time high with the market cap of the...

Indian benchmark indices — Sensex and Nifty 50 — are set to open higher on June 12 as rising bets of a rate pause by the US Federal Reserve aided sentiment, ahead of domestic retail inflation data later in the day. India's NSE stock futures listed on the Singapore Exchange were up 0.37 percent at 18,679.50, as of 7:57 am. On Friday, Wall Street equities closed at new highs for 2023 on rising odds...

Indian benchmark indices — Sensex and Nifty 50 — are set to open higher on June 9, tracking global peers, as the increased probability of a rate pause from the US central bank lifted sentiment a day after the Reserve Bank of India kept rates unchanged. The SGX Nifty is suggesting a bit of a positive start for June 9 after yesterday's collapse in the market on the back of the hawkish pause on inter...

Yesterday, the Nifty broke out. It finally conquered the resistance levels of 18,600 to 18,700 to close significantly higher. This morning, the SGX Nifty is pretty flat. The US markets too had had a mixed session. While Dow Jones was up 0.3 percent, we did see profit taking in NASDAQ. NASDAQ was down 1.3 percent. But the Russell 2000, a smallcap index, saw a rally of 1.8 percent. So the broadening...

SGX Nifty is indicating a positive start for Indian benchmark indices Sensex and Nifty50. On Tuesday, Nifty closed closer to the 18,600 level in a late surge. Nifty witnessed quite a bit of weakness.  Nifty has faced resistance around the 18,600 mark and it has not been able to go ahead and hit or go across the 18,700 level with conviction.  Talking about overnight markets, US markets were largely...

The SGX 50 is suggesting a slight down take, a cut of around 10 to 20 points to begin trade with. The reason for that is the US markets have closed with minor cuts. The Dow Jones was down 0.6 percent, the S&P500 ended lower by 0.2 percent. The Nasdaq was down close to about 0.1 percent. So global markets have taken a bit of a breather. There is a pause at the rally and that might reflect in th...

The SGX Nifty is suggesting a solid start to begin trade with and that's because the US markets ended with gains of 1 to 2 percent. The Down Jones was up 2.1 percent, the S&P 500 was rallying 1.5 percent, and NASDAQ gaining 1.1 percent. The Nasdaq notched its sixth straight week of gains for the first time since 2020. The reason for the optimism and the rally in the global markets was one. The...

Indian benchmark indices — Sensex and Nifty 50 — will start the June 2 session on the back of strong global cues. As of 8:20 this morning, SGX Nifty on the Singapore Stock Exchange was up 0.4 percent, indicating a positive start for the domestic market. On June 1, however, markets closed near the day's low as financial heavyweights underperformed, the Nifty Bank ended with a cut of around a percen...