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Kumar Gaurav is a business journalist driven by a profound passion for the economy, culture, and human rights. He covers market movements, IPOs, regulatory updates, and major developments in equity markets. Having earned a Master's degree in Journalism from the University of Delhi's Delhi School of Journalism, Kumar previously worked with ET Now and Financial Express, focusing on primary and secondary markets. His dedication lies in uncovering the connections between the markets and the human experience, offering a nuanced perspective on the world of business.
Kumar Gaurav is a business journalist driven by a profound passion for the economy, culture, and human rights. He covers market movements, IPOs, regulatory updates, and major developments in equity markets. Having earned a Master's degree in Journalism from the University of Delhi's Delhi School of Journalism, Kumar previously worked with ET Now and Financial Express, focusing on primary and secondary markets. His dedication lies in uncovering the connections between the markets and the human experience, offering a nuanced perspective on the world of business.
Going ahead, markets may maintain the prevailing recovery tone, with key support at 23,600-24,200 zone in Nifty and 77,800-79,850 zone in Sensex
Crompton Greaves' stock rose as much as 7.45 per cent during the day to ₹351.8 per share, the biggest intraday gain since February 1 this year
Despite the weakness in headline indices, broader market participation remained resilient, with midcap and smallcap stocks adding gains
The $100K mark, analysts said, remains a critical psychological and liquidation level, with over $3.4 billion in long positions exposed to downside risk if selling pressure continues
Nifty50 climbed 936.80 points to touch a high of 24,944.80-just 56 points shy of the psychological 25,000 mark during intraday deals on Monday
Notably, Bitcoin is 4.73 per cent lower than its all-time high of $109,114.88, reached nearly four months ago on January 20, 2025
Across sectors, risk aversion was palpable, with heavyweight stocks bearing the brunt of the geopolitical overhang
Breaking out of a prolonged consolidation phase, Bitcoin reached the six-figure milestone for the first time since February 2025, fueled by a broad shift in global market sentiment
The market breadth remained negative as 2,552 out of 4,032 traded stocks on the BSE ended in the red, while 1,345 ended higher, and 135 remained unchanged
Following the announcement, the flagship cryptocurrency Bitcoin reclaimed the $99,400 level, just 600 points shy of the $100,000 mark
On Wednesday, the BSE Sensex closed at 80,746.78, up 105.71 points or 0.13 per cent from its previous close, and 809.3 points or 1.01 per cent higher from its intra-day low of 79,937.48
From the Midcap basket, BSE led the gains among the Nifty Midcap100 constituent stocks, trading higher by 8.64 per cent, followed by One 97 Communications, with a 7 per cent
Key monitorables during L&T's earnings, analysts said, include the domestic order pipeline, margin performance, and the working capital cycle
Ather Energy shares listed at ₹326.05 per share on the BSE, and ₹328 per share on the NSE, against its issue price of ₹321 per share
Bader Al Kalooti, MENASAT head of growth & operations at Binance, shares his views on the road ahead for cryptocurrencies, cybersecurity, and compliance issues for crypto exchanges
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The key focus during M&M's Q4FY25 results, analysts believe, will be the demand outlook and new product timeline
Bitcoin, Piyush Walke - derivatives research analyst, Delta Exchange, said, may encounter resistance at $100,000, a significant psychological level, and again around $107,000
Pressure was more pronounced in the broader markets, with small-cap shares falling the most