Page 14 - Global Markets
Sensex up 930 pts, Nifty tops 21,150 as Fed sounds dovish; IT, Realty soar
Closing Bell on December 14, 2023: At close, the Sensex index stood at 70,514, up 930 points or 1.34 per cent, while the Nifty50 settled 256 points, or 1.23 per cent, higher at 21,183
 "Sensex up 930 pts, Nifty tops 21,150 as Fed sounds dovish; IT, Realty soar")
US Fed keeps policy rates unchanged for 3rd time: Here're 5 key takeaways
A near unanimous 17 of 19 Fed officials project that the policy rate will be lower by the end of 2024 than it is now
 "US Fed keeps policy rates unchanged for 3rd time: Here're 5 key takeaways")
We do not expect DIIs to cash out, says Jitendra Arora of ICICI Pru Life
Jitendra Arora, senior executive vice-president and fund manager for equity at ICICI Prudential Life Insurance expects earnings growth for FY24 & FY25 to be around 24% and 14%, respectively.
 "We do not expect DIIs to cash out, says Jitendra Arora of ICICI Pru Life")
Fed cut expectations 'overdone,' volatility to jump in 2024: BlackRock
"Market pricing for rate cuts is a bit overdone in our view," said Wei Li, Global Chief Investment Strategist for BlackRock. "Rate volatility is here to stay"
 "Fed cut expectations 'overdone,' volatility to jump in 2024: BlackRock")
Sensex ends 87 pts up, Nifty at 20,130; Tata Tech surges 165%, Gandhar 79%
Stock market highlights: After listing at a whopping 140 per cent premium, shares of Tata Technologies closed at Rs 1,326, which is 165 per cent higher against the issue price of Rs 500
 "Sensex ends 87 pts up, Nifty at 20,130; Tata Tech surges 165%, Gandhar 79%")
Fag-end buying lifts Sensex 204 pts, Nifty near 19,900; Adani stocks zoom
Closing Bell on November 28, 2023: Adani Enterprises (up 9 per cent), Adani Ports (5.5 per cent), BPCL, Tata Motors, Coal India, ONGC, Bajaj twins were the top gainers
 "Fag-end buying lifts Sensex 204 pts, Nifty near 19,900; Adani stocks zoom")
Sensex ends 140 pts lower, Nifty below 19,700 weighed by auto, metal stocks
Closing Bell on Monday, November 20, 2023: In the broader markets, the BSE MidCap index ended mildly lower, down 0.06 per cent, while the BSE SmallCap index jumped 0.39 per cent
 "Sensex ends 140 pts lower, Nifty below 19,700 weighed by auto, metal stocks")
Fag-end buying in pvt banks, RIL help lift Sensex 72 pts, Nifty atop 19,400
Closing Bell on November 10, 2023: Among sectors, the Nifty Media index fell 1.2 per cent, followed by the Nifty Auto index (down 0.35 per cent)
 "Fag-end buying in pvt banks, RIL help lift Sensex 72 pts, Nifty atop 19,400")
Sensex falls 143 pts, Nifty below 19,400; RIL, Infosys weigh, M&M gains 4%
Closing Bell on November 9, 2023: In the broader markets, the BSE MidCap index added 0.06 per cent, but the BSE SmallCap index slipped 0.27 per cent
 "Sensex falls 143 pts, Nifty below 19,400; RIL, Infosys weigh, M&M gains 4%")
Sensex, Nifty take breather after 3-day winning run; pharma, PSBs rally
Closing Bell on November 7, 2023: The broader markets, on the other hand, held steady gains throughout the session, settling 0.53 per cent and 0.38 per cent higher, respectively
 "Sensex, Nifty take breather after 3-day winning run; pharma, PSBs rally")
Is the recent optimism in equity markets sustainable? Analysts weigh in
The recent bounce in the markets has been led by a pause in the rate hiking cycle, but the 'higher for longer' narrative is yet to be fully factored in
 "Is the recent optimism in equity markets sustainable? Analysts weigh in")
Sensex zooms 330 pts, Nifty tops 19,100; RIL gains 2%, ICICI, HDFC Bank 1%
BS BFSI Summit 2023: The economists' panel sees growth risks growing for India amid global gloom and doom. Soumya Kanti Ghosh of SBI sees first rate cut bymid-2024
 "Sensex zooms 330 pts, Nifty tops 19,100; RIL gains 2%, ICICI, HDFC Bank 1%")
Sensex up 635 pts, Nifty near 19,050: Reasons behind market rally on Friday
Stock market highlights: JP Morgan, on Friday, upgraded India to 'Overweight' from 'Neutral' and recommended investors to use the near-term correction as an opportunity to add
 "Sensex up 635 pts, Nifty near 19,050: Reasons behind market rally on Friday")
Long way to go in terms of Indian engagement with global mkts: John Lipsky
Lipsky said that there's still a long way to go in terms of Indian engagement with global markets
 "Long way to go in terms of Indian engagement with global mkts: John Lipsky")
Sensex sinks 826 pts, Nifty ends below 19,300; SmallCap index slides 4%
Stock market live on October 23, 2023: At 7:15 am, the Gift Nifty futures were nearly flat at 19,520 levels
 "Sensex sinks 826 pts, Nifty ends below 19,300; SmallCap index slides 4%")
Will work with India on import of laptops, says Arun Venkataraman
United States wants to make sure that the India Middle- East Europe Economic Corridor moves forward as much as possible
 "Will work with India on import of laptops, says Arun Venkataraman")
Sensex slips 248 pts, Nifty near 19,600; Bajaj Auto zooms 6.5%, Nestle 3.5%
Closing Bell on Thursday, October 19, 2023: Bajaj Auto, LTIMindtree, and Nestle India were the top gainers, soaring 6.5%, 6%, and 3.5%, respectively, post their September quarter results
 "Sensex slips 248 pts, Nifty near 19,600; Bajaj Auto zooms 6.5%, Nestle 3.5%")
Sensex snaps 3-day losing run, gains 261 pts in broad-based rally
Closing Bell on Tuesday, October 17, 2023: On the National Stock Exchange (NSE), the Nifty50 shut shop 80 points, or 0.40 per cent, higher at 19,812.
 "Sensex snaps 3-day losing run, gains 261 pts in broad-based rally")
Sensex dips 116 pts; Broader indices shine; PSB, metal stocks rally
Stock market LIVE updates on October 16, 2023: Last Friday, the S&P 500 declined by 0.50 per cent in the US while the tech-heavy Nasdaq Composite lost 1.23 per cent
 "Sensex dips 116 pts; Broader indices shine; PSB, metal stocks rally")
Global markets brace for fallout amid escalating Israel-Hamas conflict
Market reaction in the past week has been relatively muted, though Israel's shekel currency took a big hit