Page 55 - Equities News Today

Asian equities were mostly higher overnight as China outperformed.

The NSE Nifty rose 156.3 points, or 0.72%, to close at 21,853, off its all-time high of 22,126. BSEs Sensex rose 440.3 points, or 0.61%, to end at 72,085. The indexs Friday high of 73,089 was a few points below its record high of 73,427.

An important feature of the FPI flows in January this year was the divergent trends in equity and debt flows, analyst V K Vijayakumar who is Chief Investment Strategist at Geojit Financial Services said as he decoded the FPI trends.

Cyclical and small-cap stocks could get a boost this year.

A look at Friday morning’s market action

Nasdaq, S&P 500 rise on tech earnings cheer

Cyclical and small-cap stocks could get a boost this year.

The impact of Union Budget on equities has reduced over the years, but it remains significant for Dalal Street. The Finance Minister, Nirmala Sitharaman, will present the Interim Budget for 2024-25 today. The market performance on Budget days has shown negative returns in the past, with the steepest fall in 2020. The recent state assembly elections and improved macroeconomic landscape have boosted investor confidence. Experts expect growth and investment-led announcements with a focus on infrast...

Oil giant Shell managed to smash earnings estimates for Q4, on the back of a strong performance in its gas trading division and more production at its LNG plants.

A look at Thursday morning’s market action