Indian Market Outlook: The Key Benchmark indices inched higher during the week gone by, but this time around, midcap and small cap joined the rally. The earnings season has set in and the early numbers look encouraging on a year-on-year basis. In the week ended on Friday, the Sensex rose 345.65 points or 0.83% to…
Indian Market Outlook: The Key Benchmark indicesrising towards fresh record highs on Friday hit by a geopolitical storm which pushed the Sensex and Nifty lower for the week, underperforming the broader market indices.Benchmark indices witnessed a sudden reaction after the United States of America’s airstrike in Iraq, which killed top Iranian commander QassemSoleimani and fuelled…
Indian Market Outlook: Key benchmark indices touched their respective record highs in the past week supported by rally seen in the global markets.US markets touched new highs after US Treasury Secretary Steven Mnuchin said the United States and China would sign their Phase 1 trade pact in early January.In the week ended on Friday, the…
Indian Market Outlook: Key benchmark indices rallied on the back of positive developments globally such as easing US-China trade tensions and a sweeping win by Boris Johnson’s Conservative Party in the UK elections, which boosted risk appetite.The market remained positive despite concerns of rising inflation and weakness in growth indicators.In the week ended on Friday,…
Indian Market Outlook: Key benchmark indices ended with modest losses after seeing high volatility during the week. Selling was witnessed in index pivotal after the central bank kept interest rates unchanged and slashed its growth forecast for the economy. The Nifty ended below the psychological 12,000 mark. In the week ended on Friday, the Sensex…
Indian Market Outlook: The Nifty witnessed its third consecutive month of sustained gains as the month ended with a gain of around 1.5 %. In the week ended on Friday, 25th November 2019, the Sensex rose 434.40 points or 1.08 % to settle at 40,793.81.41 while Nifty index rose 141.65 points or 1.19% to settle…
Indian Market Outlook: Indian market ended flat for the week ended as it remained volatile throughout amid no major domestic cues and no concrete signs of progress on the US-China relations. In the week ended on Friday, 22 November 2019, the Sensex rose 2.72 points or 0.01% to settle at 40,359.41 while Nifty index rose…
Indian Market Outlook: From last two weeks markets is trading in a range and not able to find any direction, this week a divergent trend was witnessed as the barometer index scored small gains while the Nifty 50 index registered minor fall during the recent week. Overall Index constituents saw mixed trend during truncated week. In the…