DIIs in Samvat 2080: There has been a structural change (since Covid) as to how retail investors approach the stock markets
Shares of Deepak Builders & Engineers India Ltd and Waaree Energies Ltd will list on the bourses today
The GIFT Nifty indicated a flat start, with an uptick of 12 points at 6:35 AM, trading at 24,464.5
Investors will closely monitor quarterly earnings reports alongside manufacturing, composite, and services data for October
At 6:30 AM, GIFT Nifty Futures were trading about 49 points lower at 25,069, suggesting a negative start for Indian markets.
At 6:41 AM, GIFT Nifty Futures indicated a modest increase of 53 points, reaching 25,102 levels, suggesting a tentative start for the Indian markets.
Analysts, however, suggest that the retail investors can capitalise on this opportunity to buy quality stocks at relatively better prices, provided they reach attractive levels
At 6:38 AM, GIFT Nifty Futures were trading 114 points lower at 24,871, indicating a potential gap-down opening for Indian markets.
At 6:40 AM, GIFT Nifty futures were trading 89 points higher at 25,262 levels, suggesting a robust opening for the markets.
The BSE Sensex fell as much as 1,264.2 points, or 1.50 per cent, reaching an intraday low of 83,002.09. Similarly, the Nifty 50 dropped 345.3 points, or 1.33%, hitting an intraday low of 25,451.60
At 7:20 AM, GIFT Nifty futures were trading approximately 8 points higher at 25,998 against Nifty futures close, suggesting a muted opening.
At 6:41 AM, GIFT Nifty futures were down 369 points, trading at 24,342.50, suggesting a gap-down start.
Stock Market Highlights on July 09, 2024: The benchmarks Nifty, and Sensex indices hit record highs in intraday trade
Stock Market Highlights on Wednesday, June 26, 2024: The BSE Sensex touched a record high of 78,759, while the Nifty50 scaled 23,890 in the intraday trade
Markets are showing strong momentum, with Nifty firmly holding above the 23,300 mark, indicating that bulls are in strong control
The faith in the market is at epic levels and may require something equally epic to break the faith. High or even bubble valuations are irrelevant for non-institutional investors, said a KIE note
Stock Market Live on June 03: In the broader markets, Nifty SmallCap rose 2 per cent while MidCap jumped 3 per cent
Between January and May 28, DIIs have purchased shares worth Rs 1.97 trillion. In May alone, DIIs bought shares worth Rs 44,952.16 crore
At 6:40 AM, GIFT Nifty futures were up by 90 points, trading at 22,377.50 levels compared to Nifty50 futures, indicating a gap-up opening for the stock exchanges
Modi is still widely expected to secure a third successive five-year term with the leader having predicted that his Bharatiya Janata Party and its allies will win more than 400 of the 543 seats