Bank of America has set a Nifty target of 29,000 for 2026, saying limited valuation upside means returns will hinge on earnings growth, with large-caps expected to outperform mid- and small-caps
Domestic equities fell for a fourth straight session as the rupee slipped past 90 per US dollar, raising fears of FPI outflows, while a delayed US trade deal also weighed on sentiment
Indian benchmarks hit fresh intraday highs, lifted by hopes of rate cuts and strong earnings, but profit booking at higher levels kept the Sensex and Nifty from extending gains at the close
Renewed expectations of December rate cuts by the Fed and RBI lifted sentiment, sending the Nifty near a record close and giving indices their strongest single-day rise in five months.
Among Nifty 50 companies, resolutions opposed by over 20 per cent of institutional shareholders decreased to 9 per cent, down from 11 per cent in the corresponding period last year
Nifty and Sensex closed Thursday near record highs, boosted by banks and Reliance, with analysts expecting the rally to continue on supportive domestic and global cues
Sensex crosses 85,000 after 14 months, driven by financials and autos, while IT and consumer stocks lag; Bharat Electronics, Bajaj Finance, Airtel and SBI emerge as the biggest gainers
Indian markets rallied for a third session on optimism over a potential US-India trade deal and expectations of a Federal Reserve rate cut, with tech stocks leading the gains
Indian markets ended flat after early gains on optimism over an Indo-US trade deal and strong earnings, as profit-taking capped the rally despite IT stocks' rise