Tata Nifty India Tourism Index Fund NFO: India’s travel and tourism segment is on an exciting ascent. Rising disposable incomes, a growing middle income group, and government-led infrastructure initiatives and increased route capacity are fueling India’s travel appetite. This dynamic environment presents an investment opportunity related to the…
View on market: Volatility Prevails, Market is searching for better value Most markets in Asia-Pacific region were trading lower with Hong Kong's Hang Seng falling the most by over 1%. Japan's Nikkei and South Korea's Kospi traded 0.1% lower .Indian benchmarks rose for the fifth week to record…
After showing slight weakness from recent highs over the past few sessions, Nifty experienced a "buy on dips" scenario on Friday and closed significantly higher after a strong intraday recovery. The day started with a downward gap, followed by further declines early on. However, the market saw…
View on market: Volatility Prevails, Market is searching for better value Most markets in Asia-Pacific region were trading lower in absence of cues from US peers, while investors keenly await non-farm payroll data, due to be published later today. The benchmark equity indices extended their record rally for…
The markets traded within a narrow range and ended nearly unchanged, pausing after Wednesday's gains. After an initial rise, the Nifty fluctuated throughout the day and settled near its intraday lowest point at 24,302.15. Sector-wise, there was a positive trend with pharmaceuticals, IT, and automotive sectors seeing moderate…
The upside momentum with range bound action continued in the market and the Nifty closed the day with another gain of 162.65 points. After opening with an upside gap of 168 points, the market moved up further and registered new all-time high at 24307 in the early part…
View on market: Volatility Prevails, Market is searching for better value Asia-Pacific markets rose on Thursday mirroring similar overnight moves on the Wall Street as US economic data and Federal Reserve's June policy meeting minutes supported traders' rate cuts hopes.US stocks rose on Wednesday in a truncated session…
View on market: Volatility Prevails, Market is searching for better value Most Asia-Pacific markets rebounded Wednesday after the Federal Reserve Chair Jerome Powell indicated that the US is returning to a disinflationary trajectory. This affirmed hopes of monetary easing in the world's largest economy. Moreover, Powell's remarks came…
The domestic market took a breather, resonating with the mixed global trend, with the ECB showing caution regarding further rate cuts. In sectoral trends, IT stocks gained due to expected increases in discretionary spending, while auto stocks declined following lower-than-expected monthly volumes. The investors are closely monitoring the…