MarketBuzz

The US debt ceiling bill has cleared the House that has brought some relief with US futures recovering on June 1 while most shares in the Asian markets were trading higher too. SGX however, is still a bit soft and indicating a start in the red for Sensex and Nifty 50. This is after the market snapped the four-day winning streak yesterday. There was a decline led by financials. One of the reasons w...

Indian benchmark indices — Sensex and Nifty 50 — are likely to open lower as SGX Nifty indicated a gap-down start for May 31 session. This, is even as the momentum continued for the domestic market as of yesterday. Sensex and Nifty 50 were at fresh five-month highs and the sense is that the indices are just about a percent away from record highs. It seems it's only a matter of time till the market...

The market did extend Friday’s gains on Monday. The Sensex and Nifty were at five-month highs. The Nifty Bank ended at record closing high, led by the likes of HDFC Bank, State Bank of India and IndusInd Bank. The midcap index too posted a record close. So it seems that the Nifty and Sensex are making their way to all-time highs. One of the key factors supporting this is the FIIs, which bought for...

Indian benchmark indices — Sensex and Nifty 50 — are headed for a gap-up opening on May 29 following strong the rise in Asian shares and US futures buoyed by a weekend deal by US President Joe Biden and congressional Republican Kevin McCarthy to suspend the government's debt ceiling. The SGX is indicating a positive start. On Friday, the US tech-heavy index NASDAQ launched a fifth week of gains. M...

The market managed to end the May series on quite a strong note with two consecutive series of games with the Nifty sharply recovering from the intra-year lows, and today we we are looking at going into the fresh June series. It’s a slightly soft setup in terms of the global markets, as a significant amount of uncertainty has gone ahead and introduced significant volatility in the US market. Howev...

Today, what we are looking at is a very volatile and frankly, quite a muted set of queues as far as our own markets are concerned. There continues to be significant amount of uncertainty regarding reaching the settlement of the US debt ceiling limit. Also, Fitch rating has now placed the US ‘AAA’ rating on a negative watch. US markets ended lower and Dow Jones, which ended almost 0.8 percent lower...

Indian indices — Sensex and Nifty 50 — are likely to open lower on May 24 following a very mixed set of queues from global indices. Indian markets too have been very range bound with a bit of volatility, especially in yesterday's last hour of trading session. US indices ended lower between 0.7 percent to 1.2 percent. Given the fact that there continues to be a stalemate regarding the US debt ceili...

Indian equity indices — Sensex and Nifty 50 — are likely to open marginally higher on May 23, after gains in the previous session, as global cues improved on progress in US debt ceiling talks. At 8:11 am, India's NSE stock futures listed on the Singapore Exchange were up 0.15 percent at 18,362.50. Meanwhile, most Wall Street equities closed higher on Monday after debt ceiling talks resumed in the...

As we wind down towards the end of the fourth quarter and the FY23 earnings season, a whole host of companies will be declaring their results this week, which will keep market parts extremely busy. The US markets last week ended with gains despite worries as well as multiple debates regarding the debt ceiling limit. And cues in European markets make them slightly positive. If you look at the weak...

We know we are ending a week where you actually saw the Nifty underperform, and the Nifty saw profit booking emerge at all higher levels. In fact, the Indian markets have declined continuously for the past three trading sessions. On Thursday, the Nifty did see a gap of opening and it also saw a favourable global backdrop. However, despite that, it could not hold on to the opening gains yesterday....

SGX Nifty is suggesting a positive start for the Indian market on May 18, following the strength on Wall Street in the overnight session. The key indices on Wall Street ended with a gain of more than a percent as there is hope that the US will be able to raise the debt ceiling in time to avoid a default that has reassured the markets. After a good session on Monday, Tuesday and Wednesday markets t...

It looks like it could be a bit of a subdued start to begin trade with for starters, Wall Street ended lower. The Dow Jones was down 1 percent and NASDAQ was down close to about 10.2 percent. There are concerns about the possibility of a US debt ceiling stand off as the deadline approaches retail sales were a Miss Home Depot guidance was a bit subdued. Chinese data has also come in lower than what...

Indian benchmark indices — Sensex and Nifty 50 are set to open higher on May 16, on cooling domestic inflation and persistent foreign institutional buying in equities, while hopes of a debt ceiling deal in the US boosted sentiment across global equities. India's NSE stock futures listed on the Singapore exchange were up 0.27 percent at 18,453, as of 7:58 am. The Wall Street handover was also in th...

Indian shares are set to open marginally lower on May 15, amid a slide in global equities on worries of an economic slowdown in the US, while cooling domestic retail inflation offset much of the weakness in sentiment. What disappointed the street on Friday globally is that consumer sentiment in the United States fell sharply to a six-month low of 57.7 in the month of May against 63.5 in April. It'...

Indian indices — Sensex and Nifty 50 — are set to open lower on May 12, tracking a slide in global peers, on data hinting at a slowdown in the US economy as investors awaited domestic retail inflation data for April. On May 11, the markets closed a little changed amid volatility on what was weekly expiry day. The US markets closed mixed as Disney results dragged the Dow lower. The US producer pric...

Yesterday, the markets did close with minor gains amid volatility. Nifty held on to 18,300, and the Sensex rose around 179 points. The bank posted a sharp recovery in the last hour rising nearly 150 odd points. The US markets are in focus on account of the C P I inflation data as well as the debt ceiling in part. The US April CPI inflation data came in at around 4.9 percent versus estimates of aro...

Early trends indicate a higher opening for the Sensex and Nifty 50 on May 10 as SGX Nifty was trading at a premium of more than 20 points from Nifty Futures on Tuesday’s close. Yesterday, the last hour fall led to a close near flatline for the market with Nifty 50 ending below 18,300 and Sensex falling three points to 61,761. Meanwhile, in the US, inflation data is due today. Overnight, the US mar...

Despite a good session yesterday in which the Indian markets touched a five-month high, Sensex and Nifty 50 are likely to open lower on May 9 amid mixed global market cues. The SGX Nifty, at the time of filing, indicated a bit of a soft start. In terms of the global macros, German industrial production data which sank by the most seen in a year resulting in recession fears rising. Meanwhile, the U...

As the trading week begins on May 8, here are all the cues and news you need to watch out for in trade today. On Friday, markets recorded what was the biggest single day fall seen in two months as HDFC twins stocks fell sharply. The MSCI rejig news led to a fall of around 6 percent each HDFC and HDFC Bank, which was one of the biggest in three years. However, overnight, there was some amount of gl...

As the truncated trading week ends with today’s session, global queues have remained quite muted through all four trading sessions this week. Two major events took place this week with both the USA as well as the ECB going ahead and hiking rates as far as the Fed funds as well as the ECB rate is concerned both by 25 basis points. Looking at the overnight set up, US markets ended lower for the four...

Indian equity benchmarks Sensex and Nifty50 are likely to start Wednesday's session on a sluggish note amid mixed moves in their major global peers, as investors await guidance on the Fed's interest rate hiking path. US crude oil futures rose on hopes that China would loosen its COVID-19 restrictions that fueled fears about the global economy. Singapore Exchange (SGX) Nifty futures — an early indi...

Indian equity benchmarks Sensex and Nifty50 are likely to start Tuesday's session lower amid mixed moves in their major peers around the globe, as investors remained concerned about a growing unrest in China over COVID-related restrictions. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — fell as much as 111.5 points or 0.6 percent to 18,617.5, suggesting a lower op...

Indian equity benchmarks Sensex and Nifty50 are likely to start Monday's session sharply lower amid weakness across other Asian markets on account of a growing unrest in China over COVID-related restrictions. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — rose as much as 84 points or 0.5 percent to 18,459 ahead of the opening bell in India.

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to make a muted start on Friday, the first session of the December derivatives series after they finished the November series more than four percent higher. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — were last down 42.5 points or 0.2 percent at 18,625.5, having declined as much as 58 points earlier...

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on Wednesday tracking gains among other major markets around the globe. Singapore Exchange (SGX) Nifty futures — an early indicator of the Nifty index — rose as much as 116.5 points or 0.6 percent to 18,493.5 ahead of the opening bell on Dalal Street.