There was no respite for the Indian equity markets even in the last week of the calendar year as markets were spooked by the looming long-term capital gains tax statement made by the PM. Even the clarification from the Finance Ministry wasn’t able to calm the nerves of investors on Dalal Street on Monday, December Read More
SGX Nifty Premarket
Post a day’s breather, the Nifty resumed its southward journey posting nearly a per cent loss at the start of the week itself. Nifty opened the session on a negative note, gave a sharp descent in the morning session itself and thereafter traded sideways for the rest of the day. Nifty just hit below the Read More
Snapping a seven day losing streak, Indian equity benchmarks ended the session slightly in the green on Friday as traders opted to buy beaten down but fundamentally strong stocks after seven days of continuos hammering. Indian equity benchmarks made a weak start and traded subdued in early deals, tracking sluggish global cues. Nevertheless, domestic gauges Read More
Extending their recent downtrend, Indian benchmark indices witnessed further beating on Thursday as sentiments remained bearish on sustained foreign fund outflows and a weak trend in the Asian and European markets. On the BSE sectoral space, the high beta – Metal and Consumer Durables pockets remained among top laggards in the space as they got Read More
Indian benchmark indices extended losses for the sixth consecutive session on Wednesday. The market traded in a narrow range with a positive bias for most part of the trading session. However, in the closing hours, market gave up its entire gains and ended the day of trade in red zone. On the BSE sectoral space, Read More
Indian benchmark indices extended the grief of closing in the red territory for the fifth consecutive session on Tuesday as investors held back from taking any big bets on rising geopolitical concerns in Turkey, Germany and Switzerland. On the BSE sectoral space, Banking index remained the top laggard in the space and settled with over Read More
Indian market on December 19 commenced the fresh week on a dismal note as the benchmark indices prolonged with the previous week’s sell-off and descended by close to half a percentage points during the session. Apart from continuous outflows by foreign funds, a frail trend in Asian markets and alarms of an expected jump in Read More
Indian equity benchmarks completed the session on a subdued note on Friday, marginally below the neutral line as market observers, at large remained hesitant to build on long positions amid lacklustre trading on European and Asian bourses. The session largely remained characterised by choppiness as the indices moved slowly and crept towards the previous closing Read More
Indian markets on Thursday ended tad lower for the second straight session, tracking a weak trend in other Asian markets, as investors’ sentiments were spooked by the Federal Reserve’s decision to raise key interest rate by 25 basis points and signalling a faster pace of increase in 2017 and 2018. Liquor stocks such as Globus Read More
Indian markets on Wednesday ended on a disappointing note as cautiousness prevailed ahead of the US Reserve’s outcome. Among the individual stocks, Coal India tanked over 4 per cent followed by ONGC, Power Grid, Cipla and ICICI Bank. On the flip side, Axis Bank gained over 3 per cent followed by Reliance Industries, Infosys, Mahindra Read More