Ifty Below 21 News Today

Sensex Today | Stock Market LIVE Updates: The Indian benchmark indices traded in red in Thursdays trade dragged by the index heavyweights HDFC Bank, Bharti Airtel and Reliance Industries. The Dalal Street was tracking mixed cues from global peers. Most of the sectors were trading in the red. Nifty PSU Bank index lead the downtrend, dropping over 1%. Meanwhile, IT & media sector were trading in green. Expert TakeV K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said,...

Domestic benchmark indices Sensex and Nifty saw deep cuts on Wednesday, in line with Asian peers, after hotter-than-expected US inflation fuelled concerns of further delay in the easing of rates by the Federal Reserve and weighed on sentiment. Bank and IT stocks were the top index drags today. "A major catalyst driving the rally in global equity markets has been expectations of rate cut by the Fed. This expectation has received a jolt from the US CPI inflation numbers rising year on year to...

Sensex Today | Stock Market LIVE Updates: Domestic benchmark indices slipped after the Reserve Bank of Indias monetary policy decision, where the central bank kept its key interest rate unchanged for a sixth consecutive meeting.Private bank stocks were top drags at this hour."The mother market US is setting new records and this provides the support to facilitate new records in India, too. The bulls are again on the front foot and will use any positive news to push the market forward. The ev...

Sensex Today: Benchmark indices Sensex and Nifty traded lower. Indias interim budget on Thursday and Fed policy decision on Wednesday will be the major near-term triggers for domestic equities, according to market analysts. "It appears that the strong DII and retail support and the consequent resilience of the market is forcing FIIs to reduce their selling. The Fed commentary on Wednesday will influence the US bond yields and consequently the FII strategy. Large caps like RIL, Bharti Airtel...

Sensex Today: After witnessing a carnage on Wednesday, Sensex and Nifty continued to face selling pressure in Thursdays trade as HDFC Bank shares extended their slide. LTIMindtree and Asian Paints too declined after their December quarter results today. IT index was among the worst sectoral performers on NSE."At elevated valuations the market needs only a trigger for a sell-off and yesterday this trigger came in the form of HDFC Bank’s worse-than-expected results. It is also important...

Sensex Today: Indias benchmark indices fell for the second straight session dragged by IT and financial stocks tracking a downfall in the global markets.Nifty IT was the biggest sectoral loser, sliding 2%. While Nifty Metal fell over 1%. Market View"Market has turned highly volatile with profit booking triggered by high valuations. Even DIIs who have been consistent buyers are booking profits. Buying on dips also is happening simultaneously. These twin moves of profit booking and dip buyi...

Sensex Today: Indian equity markets traded in the red for the second straight session dragged by losses in the banking and IT stocks tracking negative cues from Asian peers.Market view"Declining dollar and US bond yields provide a favourable global context for equities. FII inflows in 2024 are likely to be huge and have the potential to lift high quality large-caps, particularly in segments like banking where valuations are fair," said V K Vijayakumar, Chief Investment Strategist at Ge...

Indian stock markets tarded on a lackluster note on Tuesday. Senex was held down as index heavyweights TCS and HDFC Bank traded with cuts. Nifty IT and media lost over 1% each. Also, all broader market indices were trading in the red.Market View"The market is likely to move into a consolidation phase as the Christmas holidays and the New Year approach. A period of consolidation after the sharp run up of the last two weeks is also desirable since it will make the market healthy," said V...