NIFTY FINANCIAL SERVICES
FPIs return to fin services, buy over Rs 9,000 cr in June Foreign investors renewed buying in automobiles, information technology (IT), construction materials, oil & gas and consumer durables sectors.
05 Jul, 2024, 07.29 AM ISTGIFT Nifty signals a negative start for D-Street. Here's the trading setup for today's session Equity markets saw slight gains and traded within a limited range on Thursday. Analysts noted that the release of preliminary business updates ahead of quarterly reports is boosting confidence in strong Q1 earnings.
05 Jul, 2024, 06.58 AM ISTJump in FII long-short ratio sans correction may be a new Normal Market confuses with record FII long-short ratio surge, hinting at shifting dynamics post-election. Chandan Taparia notes unusual stability despite ratio near 5, credits India's growing equity culture for market surge.
04 Jul, 2024, 10.57 AM IST
GIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's session Indian equities surge with Nifty crossing 24300 and Sensex breaching 80000. Tech view sets 24900 as the next target. Dollar weakens, oil prices fall, and rupee settles lower. FII net long increases to Rs 3.78 lakh crore. DIIs buy shares worth Rs 924...
04 Jul, 2024, 07.22 AM ISTHDFC Bank leads financial sector rally, powering D-Street to all-time highs The 30-stock S&P BSE Sensex reached a record high of 80,074.3 before closing the session at 79,987, up by 545 points or 0.69%. Meanwhile, the broader Nifty hit a peak of 24,309.15 before ending the day at 24,287, gaining 163 points or 0.67%.
03 Jul, 2024, 11.42 PM ISTUnstoppable bulls! HDFC Bank drives Sensex past 80,000 for the first time, Nifty hits record high Indian market soared to all-time high with HDFC Bank surge propelling Sensex past 80,000 and Nifty nearing 24,300. Kotak Mahindra, JSW Steel, PFC, REC, Auto also showed significant gains in the bullish market.
03 Jul, 2024, 09.53 AM ISTGIFT Nifty jumps 90 points; here's the trading setup for today's session Market anticipates Nifty consolidation post-profit booking. Brent crude, US WTI futures rise on strong fuel demand hopes. Currency markets stable as rupee weakens. FIIs cut net long positions, adding to market uncertainty.
03 Jul, 2024, 07.02 AM IST3 reasons why bank and financial services stocks may bounce back Nifty Financial Services has typically outperformed broader market indices, but has struggled in recent years, underperforming in four of the last five calendar years, including year-to-date 2024.
02 Jul, 2024, 06.26 PM ISTU-Turn: Sensex, Nifty erase gains after hitting record highs From the Sensex pack, Infosys, HCL Tech, TCS, and Bharti Airtel opened higher, while Tata Motors, Kotak Mahindra Bank, Bajaj Finance, and ICICI Bank opened in the red.Shares of Kotak Mahindra dropped 2% after US short-seller Hindenburg said that the...
02 Jul, 2024, 10.01 AM ISTGIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's session Domestic markets showed gains driven by positive sentiment on expectations of a discretionary spending rebound. Investors focus on upcoming US job data and Fed Chair's speech for interest rate insights. Nifty futures trade higher with a positive tre...
02 Jul, 2024, 07.28 AM ISTWill Nifty give up 24,000 or make new highs this week? 7 factors to decide Looking ahead, market focus will shift to upcoming releases including US and Indian manufacturing Purchasing Managers' Index (PMI) data, alongside a pivotal speech from the Federal Reserve Chair. Meanwhile, attention within India remains fixed on th...
30 Jun, 2024, 09.27 AM ISTBudget in mind, D-St bulls cross 'historic' milestone Analysts said the sustained run-up in indices of late is part of the pre-budget rally, aided by renewed flows from foreign investors in June. The optimism, however, did not rub off on the broader market where there were more losers than gainers.
28 Jun, 2024, 06.33 AM ISTRs 32,000 crore-inflow in 12 days! 7 reasons why FIIs are chasing Indian stocks non-stop In the evolving market landscape, investors are driven by factors like rate cut speculations and a long-term investment view, shaping market sentiments. The recent surge in FII investments, particularly in bluechip stocks, indicates a strategic shif...
27 Jun, 2024, 09.52 AM ISTBanking euphoria catapults Sensex past 78K milestone, lifts Nifty to record peak of 23,721 The performance across Nifty sectoral indices was mixed, with 6 out of 16 indices showing gains. Notable performers included Nifty Financial Services, Nifty IT, and Nifty PSU Bank. Conversely, sectors such as Nifty Auto, Nifty FMCG, and Nifty Metal ...
25 Jun, 2024, 04.20 PM ISTBulls in Action: Sensex jumps over 200 points, Nifty crosses 23,600; mid and smallcaps outperform Within the Nifty pack, UltraTech Cement, HDFC Bank, Divi's Lab, Coal India, and SBI were the top gainers while HCL Tech, Asian Paints, and Titan faced selling pressure. Shares of new-age companies like Paytm, Zomato, and Policybazaar traded higher b...
25 Jun, 2024, 09.56 AM ISTMonday blues! Heavyweights drag Sensex 400 points lower; Nifty below 23,400 The weakness was led by selling pressure in banks and metal stocks, while FMCG and consumer durables saw some buying amid sectoral rotation. IndusInd Bank fell around 3% and was the top loser in the Nifty pack, followed by 2% plus declines in Cipla,...
24 Jun, 2024, 10.04 AM ISTSensex, Nifty hit brakes on record run; Nifty IT defies market mood Indian equity indices, influenced by global trends, closed lower on Friday. The Sensex fell 269 points to 77,209, and the Nifty dropped 66 points to 23,501, impacted by Reliance Industries, L&T, and HDFC Bank.
21 Jun, 2024, 04.08 PM ISTWill Nifty touch 24,000 this week? Top 5 factors at play After closing the previous week with a 0.75% gain, Nifty has maintained a narrow range of 23,200-23,500. A breakout above 23,600 could spur the index towards 24,000, contingent on developments surrounding the Union Budget and ministries' 100-day pla...
16 Jun, 2024, 10.52 AM ISTNifty IT ready for a U-turn, says JM Financial, puts weight behind largecap After remaining an underperformer in the current calendar year, Nifty IT (NSEIT) might be ready to take a U-turn, believes JM Financial, suggesting that it was time to start putting weight on the large cap stocks in this sector.
06 Jun, 2024, 05.06 PM ISTHow to trade Nifty on election result day? Heads I win, tails you lose strategy Depending on whether the Prime Minister Narendra Modi-led NDA surpasses or falls short of the expectations outlined by exit polls, the Nifty could experience significant swings in either direction once the trends of the Lok Sabha election results be...
04 Jun, 2024, 08.54 AM IST