ENDS 450 POINTS DOWN
South Korean shares hit over 29-month high, Samsung Electronics shines
South Korean financial markets experience a surge, with shares hitting a 29-month high driven by Samsung Electronics' expected profit increase. Auto and financial sectors also see gains due to dividend policy measures. Bank of Korea suggests structural reforms for addressing high living costs. Foreign investors show interest with net share purchases. Market yields decline notably.
UK election: Rishi Sunak hunts for votes among the robots, at 4:50 a.m
Sunak, who has often looked exhausted as he crisscrossed the country during a six-week campaign, started the penultimate day before Thursday's vote in a vast Ocado warehouse in Luton, north of London, watching robots pick items for delivery.
GIFT Nifty down 15 points; here's the trading setup for today's session
"We expect the market to maintain its positive momentum as we draw nearer to the event. Globally, investors would track US Consumer confidence data," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
Amarnath yatra: High-end CCTVs installed to monitor traffic on J-K highway
Ahead of the beginning of the annual Amarnath yatra, high-end CCTV cameras have been installed along the Jammu-Srinagar national highway to monitor both pilgrimage and regular vehicular traffic, officials said on Tuesday. The traffic department has installed 10 360-degree CCTV cameras from Udhampur to Banihal in Ramban district, while the police department has placed 60 cameras along the highway to monitor vehicular movement and identify suspicious individuals, they said.
Airtel's $100b market capitalisation reflects a stable economy under a solid leader: Sunil Mittal
Sunil Bharti Mittal, Chairman of Bharti Enterprises, emphasized that Airtel's resurgence post the challenges posed by Reliance Jio's entry and the AGR ruling showcased India's stable economy and supportive policies under strong leadership. Reflecting on Airtel's path to the $100-billion milestone, Mittal highlighted the company's resilience amidst industry disruptions. He noted that Airtel's achievement as the first-generation Indian company to reach this milestone was significant, especially considering the competitive landscape.
GIFT Nifty down 80 points; here's the trading setup for today's session
"Nifty has been consolidating in a broad range for the third consecutive day as investors remain watchful ahead of the big election outcome next week. We expect the Nifty to remain sideways to marginally positive on the back of reduced FII selling, prediction of above normal monsoon and last leg of Q4 results," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
GIFT Nifty down 15 points; here's the trading setup for today's session
He expects more consolidation before the next leg of uptrend resumes amid an already sharp run-up with Nifty now likely to consolidate around 23,000 till the monthly expiry.
GIFT Nifty down 10 points; here's the trading setup for today's session
"We expect the market to witness a gradual up-move and see some volatility next week as both election and earning season are nearing the end," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
GIFT Nifty down 60 points; here's the trading setup for today's session
"We expect this Positive momentum to continue on the back of an improving political environment, continued short covering by FIIs, and strong domestic macros. Sectors like Defence, Banking, and Railways are expected to remain in focus," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
GIFT Nifty down 30 points; here's the trading setup for today's session
"Investors would now focus on Nivida earnings, US Fed meeting minutes, and UK inflation which will be released late today. Overall, we expect positive sentiments to continue in the market," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
Sensex ends 267 points higher, Nifty near 22,600 ahead of Fed mins
Domestic equity indices, BSE benchmark Sensex and NSE Nifty, surged on Wednesday, led by gains in fast-moving consumer goods and Reliance Industries, ahead of the Federal Reserve minutes.
GIFT Nifty down 5 points; here's the trading setup for today's session
The rupee stayed range-bound and settled 4 paise lower at 83.50 against the US dollar on Thursday, weighed down by unabated foreign fund outflows amid investors' weak appetite for riskier assets.
GIFT Nifty down 40 points; here's the trading setup for today's session
"We expect this volatility to continue in the near term in the absence of any major positive trigger. Now till Nifty holds below 22000 zones, weakness could be seen towards 21700," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
GIFT Nifty down 10 points; here's the trading setup for today's session
The rupee settled for the day on a flat note at 83.51 (provisional) against the US dollar on Wednesday, as the support from easing crude oil prices was negated by strong dollar demand.
Tokyo shares end down on profit-taking
Investors were keeping a close eye on forex markets as the yen weakened following Friday's rally, which came at the end of a volatile week that led to speculation Japanese authorities had intervened to support the unit.
Fry-day! Sensex takes sharp U-turn, tanks 900 points; Nifty below 22,450
Indian equity indices dropped with Nifty and Sensex decline, led by Reliance Industries and HDFC Bank. Bajaj Finance shares surged 6% after RBI lifted restrictions. Market focused on US jobs data and global cues.
Gift Nifty down 2 points; here's the trading setup for today's session
Gift Nifty: Domestic markets rose after US Fed's rate decision. Nifty futures flat. India VIX up. Asia equities, yen advance pre US jobs data. US stocks gain. Oil prices edge up on OPEC+ cuts, amid Israel-Hamas war.
Sensex jumps over 450 points: 4 key factors behind the bull run on Dalal Street
Axis Bank emerged as the primary driver of Thursday's market rally, soaring over 6% following robust quarterly earnings.
GIFT Nifty down 50 points; here's the trading setup for today's session
"Despite the bulls maintaining their upward trajectory for the fourth consecutive session, there's a noticeable lack of momentum," said Rajesh Bhosale, Technical Analyst, Angel One.
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