Page 7 - Global Stock Market

Sensex tanks 900 pts amid geopolitical concerns; Time to buy the dips?

As of 10:08 am, the BSE Sensex was trading 0.75 per cent lower a 73,689.27, and the NSE Nifty50 was down by 0.72 per cent at 22,357.25 levels

FTSE Russell defers India's inclusion in govt bond index due to taxation

Indian bonds have seen foreign inflows of nearly $10 billion over the last six months

Global cues, FII activity to guide stock markets next week, say Analysts

Stock markets would be driven by global trends and foreign investors' trading activity in the holiday-shortened week, analysts said adding that key equity indices may face volatile trends amid the monthly derivatives expiry on Thursday. This week markets will have just three trading sessions. Equity markets will remain closed on Monday for Holi and on Friday for Good Friday. "This week will be shorter due to market closure on both Monday for Holi and Friday for Good Friday. As a result, trading volumes may be lower with limited market cues. However, volatility remains a possibility as we approach the March F&O expiry and the financial year-end," Santosh Meena, Head of Research at Swastika Investmart Ltd, said. Last week, the BSE benchmark climbed 188.51 points or 0.25 per cent, and the Nifty went up by 73.4 points or 0.33 per cent. "This week being a truncated week and the derivatives' monthly expiry, we might see some volatility while Nifty is likely to consolidate at higher ...

Sensex drops 533 pts in broad selling; IT, metals worst hit; VIX jumps 4%

Stock market highlights on Monday, February 26, 2024: The Nifty50 shut shop at 22,122, down 91 points or 0.41 per cent. The mid, small-cap indices fell up tp 0.3 per cent.

Sensex drops 523 pts, Nifty tests 21,600 ahead of Jan CPI data; PSBs sink

Stock market highlights on February 12, 2024: The broader markets suffered deeper losses with the BSE MidCap index falling 2.6 per cent and the BSE SmallCap 3.16 per cent

Goldman, Morgan Stanley bet on India stocks as Wall St shifts from China

Much of that cash is now heading for India, with Wall Street giants like Goldman Sachs Group Inc. and Morgan Stanley endorsing the South Asian nation as the prime investment destination

Sensex slips for 3rd day, dips 314 pts; OFSS up 27%, LTIMindtree tanks 11%

Stock market highlights on January 18, 2024: HDFC Bank slipped 3 per cent after falling over 8 per cent Wednesday

Barclays raises target on Europe's STOXX 600 to 510 from 485: Report

The new target represents a roughly 7 per cent upside from current levels

Stock market holidays in 2024: BSE, NSE to be closed on these days

As per the holidays list declared by the BSE and NSE, there will be no futures, trading in capital market, and options segment in the stock market holidays 2024

Markets to track global trends, trading activity of investors: Analysts

Global trends and trading activity of foreign investors would largely dictate terms in the equity markets this week amid a lack of major domestic triggers, analysts said. Markets may face near-term consolidation due to elevated valuations, they noted. "While the previous week was predominantly shaped by developments in the US Federal Reserve policy, attention will now shift to the Bank of Japan's policy decision on December 19," Santosh Meena, Head of Research, Swastika Investmart Ltd, said. Additionally, factors such as crude oil prices and macroeconomic data from both the US and China will wield considerable influence on market dynamics, he added. Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said due to overbought technical conditions, the benchmarks may consolidate in the near term. However, that said, the near-term outlook for the markets continues to be in favour of the bulls, he said. A series of positive news -- September quarter GDP growth rate of 7.6 per ce

Markets may ignore West Asia events till there's no invasion: Chris Wood

Over the past few weeks, equity markets have reacted sharply to the developments in West Asia with most frontline indices across the globe slipping 1 per cent to 7 per cent.

Westlife Foodworld plunges more than 6% after Q2 net profit falls

Shares of Westlife Foodworld Ltd plunged more than 6 per cent on Friday a day after the company reported a 29.05 per cent decline in its consolidated net profit to Rs 22.37 crore for the second quarter. Westlife Foodworld's subsidiary Hardcastle Restaurants is the master franchisee of McDonald's restaurants in West and South India. The stock of the company tumbled 6.22 per cent to Rs 827.95 apiece on the NSE. On the BSE, shares of Westlife Foodworld declined 5.93 per cent to Rs 827.25 per piece. Meanwhile, the BSE Sensex jumped 538.10 points or 0.85 per cent higher to 63,686.25 points, while Nifty climbed 163.35 points to 19,020.60. Westlife Foodworld Ltd on Thursday reported a 29.05 per cent decline in consolidated net profit to Rs 22.37 crore for the second quarter ended September 2023 due to challenging market conditions. The company had posted a net profit of Rs 31.53 crore in the July-September quarter a year ago, the company said in a regulatory filing. However, the compan

Israel-Palestine war: Markets not pricing in an escalation, says Chris Wood

An immediate fallout of the developments has been on crude oil prices, which are now nearing $94 a barrel (Brent crude), rising nearly 12 per cent from $84 a barrel a fortnight ago

Centum, HAL: Chandrayaan-3 soft landing can see related stks jump up to 15%

Shares related to Chandrayaan-3 may rise up to 15 per cent in the upcoming sessions, as per their respective technical chart patterns

RIL, ONGC, M&M: Trading strategies for buzzing stocks of the day

Trend remains optimistic in RIL, ONGC, M&M, KEX and Titan shares, as per their respective charts.

Global shares sink after US Fed notes dent hopes of rate hikes ending

Global stocks followed Wall Street lower Thursday after notes from a US Federal Reserve meeting dented hopes interest rate hikes are finished. London, Hong Kong, Paris and Seoul declined. Shanghai and Wall Street futures advanced. Oil prices rose. Wall Street's benchmark S&P 500 lost 0.8% on Wednesday after minutes from the Fed's latest meeting suggested board members are unsure what to do after raising their key lending rate to a two-decade high. Traders had hoped the board would decide inflation was under control and last month's rate hike was the last. Fed officials face a tough balancing act between the risk of an inadvertent over-tightening of policy against the cost of an insufficient one, said Tan Boon Heng of Mizuho Bank in a report. In early trading, the FTSE 100 in London fell 0.3% to 7,332.01. The CAC 40 in Paris lost 0.4% to 7,233.00 and the DAX in Frankfurt retreated 0.3% to 15,738.25. On Wall Street, futures for the S&P 500 and the Dow Jones Industrial Average ...

Global prices down after China's weak July data, cuts key interest rate

Global stock markets declined Tuesday ahead of an update on US retail spending after China reported that an economic slump deepened in July and its central bank cut a key interest rate to shore up growth. London, Shanghai and Wall Street futures declined. Tokyo advanced. Oil prices fell. Chinese consumer and factory activity slowed more than expected in July, official data showed. The People's Bank of China cut its interest rate on one-week loans to banks. Policymakers are starting to hit the panic button, Stephen Innes of SPI Asset Management said in a report. Also Tuesday, Russia's central bank raised its main lending rate by 3.5 percentage points to 12% in an emergency move to strengthen the ruble after the currency reached its lowest value since early in the war with Ukraine. The ruble has lost one-third of its value since the start of this year. In early trading, the FTSE 100 in London fell 1.2% to 7,417.72. The CAC 40 in Paris declined 1% to 7,277.68 and the DAX in Frankfurt

SBI, PNB: Here's how to trade banks post Q1 results and ahead of RBI Policy

Post Q1 results, major banking stocks have lost the upside bias. Most stocks are facing hurdles at upper levels.

Only 93 Nifty 500 stocks trade in overbought territory, more upside likely

Market participants closely monitor the RSI to determine the strength based on 70 and 30 values. This assists in identifying instruments that are supposedly experiencing increased buying or selling.

UK overtakes India as world's 6th-biggest stock market with $3.11 trn mcap

The UK's equity market capitalization remains behind France after losing its place as Europe's biggest stock market last year.