Page 21 - Stock Market Rally

Stock market future trajectory depends on new govt's policies, GDP growth

Future trajectory of stock market hinges on the new government's economic policies, with factors like GDP growth, inflation, and global conditions playing a key role, experts said on Tuesday. With the BJP-led NDA still looking to form a government, though with the important support of coalition partners, markets look jittery about the prospects of strong decision making. In fact, experts cautioned investors to be prepared for volatility due to currently high valuations and suggested adopting a diversified approach. Benchmark equity indices Sensex and Nifty tanked over 8 per cent in intra-day on Tuesday and later ended nearly 6 per cent lower, suffering their worst decline in four years, as trends showed the ruling BJP is short of clear majority in the Lok Sabha elections. Sensex crashed 4,389.73 points to settle at 72,079.05 and Nifty tanked 1,379.40 points to 21,884.50. However, markets jumped sharply on Monday after exit polls predicted a massive win for the BJP-led NDA in the Lo

Stock Markets, June 4: Sensex crashes 4,390 pts, Nifty gives up 22k on sub-par BJP tally in LS polls

Stock Market LIVE on June 04: As of 11:30 AM, Narendra Modi-led BJP was seen leading in 237 seats, and Congress was seen with 98 seats, as per Election Commission of India

Modi 3.0? Exit polls trigger the best day for indices in three years

Sensex, Nifty jump over 3% each; investor wealth surges Rs 14 trn; FPIs pump in Rs 6.9K cr

Sebi launches app for investor awareness; Kronox Lab IPO subscribed 11x

Along with videos to help investors to do personal finance planning, the app also has financial calculators, modules to explain Know-Your-Customer (KYC) procedures, information on mutual funds

Abki baar Sensex 80,000 paar? Here's what analysts said on market outlook

On the technical front, too, analysts remain bullish on the markets and suggest the Sensex is set to reach higher levels in the months ahead.

Exit poll rally: Adani group value soars Rs 1.6 trn to near Rs 20 trn

Reaches pre-Hindenburg level but still 15% below all-time highs

2019 redux in exit poll-driven rally; foreshadowing BJP-led NDA dominance

If the outcome is along predicted lines, experts say the current euphoria may continue for some more time until the focus shifts to valuations and earnings

Not the time to buy stocks at these levels; avoid mid, small-cap counters

The exit poll might have reduced some nervousness in the market, but it still remains reasonably high, given the current IVs. Only after India VIX falls back to normal levels,things shall get even.

Asia stocks rise on rate cut hopes, better-than-expected China's PMI data

Investors are a lot less dovish on the Fed, seeing little prospect of a move until September and even that is far from a done deal

Stock markets to cheer likely third term for PM Modi, hope for reforms

If the projections are accurate, investors will likely focus on expected policy continuity and a push for economic reforms

Shankar Sharma's market strategy post Lok Sabha exit poll: Stay strapped in

Meanwhile, every government since 1991, Shankar Sharma said, has performed exceedingly well in different ways and with different strategies

Sensex may target 80,000 levels post exit poll data. Check key levels here

However, in case, the BSE Sensex is unable to break past the 76,275 level, we may enter a consolidation range, wherein the support at 72,240 becomes a crucial level.

Economic strength or extreme euphoria: What's driving Indian stock markets?

Valuations in most parts of the Indian stock market, analysts said, are expensive with the extent of overvaluation increasing in inverse order of market-cap, quality, and risk

This recently listed IPO has surged 35% in 3 days; up 144% from IPO price

Exicom Tele-Systems rallied 10% to Rs 346.60, its highest level since its listing on March 5, 2024, on the BSE in Friday's intra-day trade.

RIL, Bharti Airtel: What are Modi stocks, and why is CLSA bullish on them?

Within this basket of Modi stocks, the preferred BUYs for CLSA India analysts are ONGC, NTPC, NHPC, SBI, Power Finance, IGL and Mahanagar Gas in the PSU space

17 penny stocks zoomed up to 500x in the Narendra Modi era. Do you own any?

Jyoti Resins, Tanfac Industries, Olectra Greentech now trade above Rs 1,300 per share as against a single-digit stock price way back in May 2014, study shows.

This Madhuri Kela-owned stock has zoomed over 100% in six weeks

IRIS Business Services hit the 5 per cent upper circuit and a new high at Rs 258.40 in trades today, ahead of the board meeting on Thursday to consider fund raising proposal.

PM Modi needs to win 303-plus seats to extend stock market rally: Investors

Indian equities have risen to records, while the currency and bond markets are near their highest levels in over two months days ahead of the election results on June 4

Asian shares drift after rally, Wall Street reopens amid rate cut bets

Japan's Nikkei, on the other hand, slipped 0.3 per cent, reversing some of the 0.7 per cent advance a day ago

Another milestone: Nifty 50 crosses 23,000-mark for the first time

After hitting a high of 23,026, Nifty 50 index settled at 22,957, down 11 points, or 0.05 per cent, over its previous day's close