A Wall Street brokerage has warned of a 9% near-term correction for the equity market, saying the street has only limited runway to continue the rally that began in the second half of last year
Stocks stumbled, global bond yields fell and the dollar hit a nine-month peak on Thursday as a double-whammy of Fed taper fears and Covid worries haunted equity markets
The value of the foreign portfolio investors (FPI) holdings in the domestic equities reached USD 592 billion in three months ended June 2021, a surge of 7 per cent from the preceding quarter
Over the past year, the aggressive hybrid category has given average returns of 41%
With corporate earnings season largely over, equity investors would focus on global trends for further direction in a holiday-shortened week ahead, analysts said
Investors pour Rs 22,583 cr in equity schemes even as markets hit new highs
The divergent trend surprised many, with the issue reaching Parliament
As the dust settles over earnings season, a total profit of more than $170 billion from a dozen of the biggest firms in the past four quarters shows how far the industry has come from the frazzled ear
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.12 per cent to 92.76.
The first quarter earnings season will dictate the trend in the equity markets in this holiday-shortened week amid absence of major macroeconomic drivers, say analysts.
Meanwhile, the average daily trading turnover (ADTV) in the option segment rose six per cent month-on-month
While Nifty 50 reflects changes in 40 years, it also shows what is missing: Low-cost manufacturers at one end, and deep-value players at the other. Also missing are technology players, notes T N Ninan
Industry AUM tops Rs 33 trillion as markets log new highs
He tells Ashley Coutinho, in an interview, that a quicker-than-expected reversal in easy monetary conditions could sap the liquidity that has elevated asset price valuations
Benchmark indices of US, UK, Germany & India have climbed to a new peaks
Asian Paints was the top gainer in the Sensex pack, advancing over 3 per cent, followed by Titan, Bajaj Finserv, ONGC, Infosys and TCS
India currently ranks eighth on the table of most-valued equity markets, ahead of Germany which has a market cap of $2.8 trillion
Investors' wealth on Monday jumped Rs 3,03,725.89 crore as equity markets rallied on increased buying. The BSE benchmark index zoomed 848.18 points or 1.74 per cent to close at 49,580.73. Following the market capitalisation of the BSE-listed companies at the close of trade jumped Rs 3,03,725.89 crore to Rs 2,13,64,459.08 crore. "Domestic equities witnessed strong rebound today as robust Q4FY21 earnings and early sign of decline in the second wave of daily caseload bolstered investors' confidence. A strong recovery in financials followed by auto and metals supported market's rally today," said Binod Modi, Head Strategy, Reliance Securities. IndusInd Bank was the biggest gainer rallying 7.27 per cent, followed by SBI, ICICI Bank, HDFC Bank, Axis Bank, and HDFC. On the other hand, L&T, Bharti Airtel, Nestle India, Sun Pharma, PowerGrid, Maruti Suzuki, and HUL were the laggards. In the broader market, the BSE midcap and smallcap indices gained up to 1.63 per cent. Sectorally, BSE ..
These funds account for Rs 56,000 crore of category assets worth Rs 71,700 crore
Say volatility in India and other markets due to inflationary pressure in the US likely to be transitory