The 200-DMA is generally a good indicator of a long-term trend
US markets surge after worst September in two decades
India's 12-month forward price-to-earnings (P/E) multiple is nearly double the EM pack's
Despite the ongoing selloff and the global macroeconomic stress, analysts say that the IT sector still remains a preferred bet from a long-term perspective
More than the monetary policy decision, the RBI's assessment of inflation and growth propelled the markets, said experts
The decoupling of Indian equity markets, this year, from the global markets has been remarkable. While the S&P 500 has lost over 20 per cent in CY22 so far, the Nifty50 index is marginally in the red
CLOSING BELL: Among sectors, the Nifty Metal, and PSU Bank indices dipped 2 per cent each, while the Nifty Pharma index gained 0.6 per cent
After jumping nearly 560 points during the session, the 30-share BSE index ended 37.70 points or 0.07 per cent lower at 57,107.52.
India VIX index jumps 6% to June level
The overall narrative of the market remains weak, especially following the cautiousness ahead of the RBI MPC due later this week, says a market analyst
Stock markets: Today's decline was the third consecutive fall for the two indices after US Fed's 75 bps rate hike on Wednesday night
In the past one month, Dish TV has zoomed 92 per cent as compared to a 1.2 per cent decline in the S&P BSE Sensex
The Nifty50 index fell 89 points, or 0.5 per cent, to close at 17,630. The India Vix index rose 2.6 per cent to finish at 18.82
BNP Paribas said it has a cautious stance on the Indian markets amid lack of positive catalyst for further earnings upgrades amid slowing global demand, lofty valuations and a slowdown in retail flows
Inflation remains a key risk for margins amid geopolitical tensions. But, analysts expect this to improve from the second half of FY23 due to declining commodity prices and strong order inflows
The dollar in the last three sessions rose 0.7 per cent against the rupee
Sensex less than 2% shy of new lifetime high
For the uninitiated, the Nifty Next 50 is the second-most important index after the Nifty50 as quite a number of ETFs track these two indices
Both indices ended the day off their intraday highs, with the Sensex finishing at 59,793, up 105 points or 0.18 per cent, while the Nifty50 at 17,833, up 35 points or 0.2 per cent
After Rain Industries' arm closed its operating unit in Europe, the company plans to develop other energy-related plans for other European production units