Asia

Nifty closes flat ahead of RBI policy meeting

Nifty opened positive on Wednesday but soon lost some sheen to close flat at 21,931 levels. Barring IT, all other sectors ended in green, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.

Feb 7, 2024

US stocks fall after Fed Chair Powell says central bank not yet ready to cut rates

US stocks fell on Monday after Federal Reserve Chair Jerome Powell said on Sunday that the central bank is not ready to cut interest rates yet, a media report said.

Feb 6, 2024

Sensex Sensex zooms 1200 points, Nifty crosses 22k a day after Interim Budget

BSE Sensex jumped more than 1200 points to cross the 72k mark on Friday, a day after the presentation of the Interim Budget 2024-25.

Feb 2, 2024

Nifty records biggest single-day gain since Dec 4: RIL, ONGC biggest gainers [details]

Nifty ended the first day of the week with its biggest single-day gain since December 4 with heavyweight Reliance Industries contributing the most to the gains, Deepak Jasani, Head Retail Research at HDFC Securities, said on Monday.

Jan 29, 2024

Interim Budget unlikely to impact market in a big way, say analysts

Two important events are due this week: the interim Budget and the Fed meeting on rate decision. But these events are unlikely to impact the market in a big way, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

Jan 29, 2024

Growth in banks' credit surpassing deposits: RBI

The gap between credit and deposit growth of banks as of the first fortnight of January 2024 has widened compared to the last fortnight of September 2023, according to the latest RBI data.

Jan 27, 2024

FPIs sold equities worth Rs 27,000 crore in January

FPIs continued to be sellers in the cash market having sold equity worth Rs 27,664 crores through January 25, said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

Jan 27, 2024

Sensex down 700 points led by slump in Tech Mahindra

BSE Sensex is down 700 points in morning trade on Thursday led by a slump in Tech Mahindra.

Jan 25, 2024

Stocks plunge as FPIs sold equity massively for Rs 20,480 cr in last 2 days

An important trend in the market which has implications for retail investors is the revival of the tug of war between FIIs and DIIs, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

Jan 19, 2024

Invest in Telangana campaign launched at WEF meet

Telangana attracts Rs 36,670 crore investment proposals at Davos

Telangana received investment proposals worth Rs 36,670 crore on the second day of World Economic Forum (WEF) annual conference at Davos on Wednesday, it was announced in Hyderabad

Jan 18, 2024

Markets running out of steam, FMCG stocks lead decline

The year-end rally which took the Nifty up by around 14 per cent from the 2023 October lows, is slowly running out of steam, says V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

Jan 8, 2024

Predictable market correction witnessed In the last few days across the globe: Expert

A predictable market trend is that high valuations will lead to corrections. The unpredictable part is the timing and the trigger for the correction. In the last few days, globally markets are correcting and the trigger for the correction is profit booking, which is normal and rational, say experts

Jan 4, 2024