Market in 2023 The Indian stock market had an incredible year in 2023, breaking through global challenges and reaching all-time highs. For the first time, the market capitalization of the Indian stock market has surpassed $4 trillion, setting a new record which positions India as the fifth-largest equity…
NIFTY: NIFTY opened at 21497.65 with a gap up of 56 points. The index continued its early morning bullish momentum and moved higher from its opening tick. The rally was sharp which lasted till the end and prices recorded its intraday high at 21675.75. The NIFTY finally closed…
View on market: Volatility Prevails, Market is searching for better value As investors began the final trading day of 2023 on Friday, the majority of markets in the Asia-Pacific area saw gains. As investors' appetite for risk was diminished by a reduction in iron ore futures prices, markets…
View on market: Volatility Prevails, Market is searching for better value On Thursday, most Asian markets saw gains, and Australia's equity indices were trading close to a two-year high. The Krospi was up 0.22% at 2,619.15, while the S&P/ASX 200 was up 0.44%, or 33.48 points, at 7,594.70.…
NIFTY: NIFTY opened at 21365.20 with a gap up of just 16 points. The index initially moved sideways, eventually breaking on the upside after prices recorded its intraday low at 21329.45 in its initial trades. That sideways movement lasted till the end and prices have moved within a…
View on market: Volatility Prevails, Market is searching for better value Following the lead of their US counterparts, the Japanese and Australian indices began the year higher on expectations of a US Federal Reserve interest rate drop in March. But the Kospi in South Korea dropped. Due to…
View on market: Volatility Prevails, Market is searching for better value The absence of any noteworthy clues on Tuesday led to mixed trading in the Asia-Pacific markets. Australia's and Japan's share indices were mostly trading flat. The Hong Kong markets went down. As of Friday, the Nasdaq 100…
NIFTY: The NIFTY opened at 21033.95 with a big gap down of 117 points. The index recorded its intraday low at 20976.80 in its early trades and bounced up sharply. A sharp rally came and prices have soon filled the gap to come in positive territory. Prices then…
View on market: Volatility Prevails, Market is searching for better value Following Wall Street's overnight advances, Asia's markets saw a rise on Friday as traders continued to predict rate cuts from the Federal Reserve in 2024 based on recent U.S. economic statistics. The U.S. GDP increased by 4.9%…
View on market: Volatility Prevails, Market is searching for better value Asia markets dropped on Thursday, mirroring overnight declines in US stock indexes while investors awaited the release of U.S. statistics on GDP and personal consumption expenditure. Hong Kong's share index increased, whereas those in Japan, Australia, and…