Even the near-term performance for both markets has been positive after a new US President assumes charge
The July Union Budget introduced significant changes to LTCG and STCG taxes, and with Union Budget 2025 approaching, it’s time to revisit what they mean. Watch the video for more.
Sebi chairperson Madhabi Puri Buch on Thursday said the capital markets regulator wants to get as many Indians into the market ecosystem and seize the wealth creation opportunity. Buch said artificial intelligence is "the hero" of a large number of initiatives that the watchdog is embarking on with the focus on serving as many people as possible. Virtually addressing an event organized by Sebi, Buch said the Indian economy has a "huge opportunity" and all the necessary technological tools have been put in place as part of a larger ecosystem with democratization being the core principle. "'... a system that is efficient but is exclusive does not serve the nation. We wish for our market ecosystem to be inclusive and to bring as many citizens of the country into the fold and into the opportunity of wealth creation for our nation," Buch said. Sebi is implementing and deploying a slew of initiatives and AI, the hero, is at the core of a large number of them, she said. "To me, it is not
The firm bet against publicly listed companies they believed had accounting issues, was being mismanaged or committing fraud, typically following a long period of investigation
Meanwhile, NSE F&O data shows that FIIs were net sellers in Nifty futures for the sixth straight trading session on Tuesday, with net sales of 70,318 contracts in this period.
Shares of IT company HCL Tech on Tuesday slumped nearly 10 per cent after the company's December quarter earnings failed to cheer investors. The stock tanked 9.41 per cent to Rs 1,798.40 on the BSE. At the NSE, it dropped 9.63 per cent to Rs 1,797.75. The stock emerged as the biggest laggard among the BSE Sensex and NSE Nifty firms. Its market valuation eroded by Rs 46,987.11 crore to Rs 4,91,743.25 crore during the morning trade. "HCLT's 3Q numbers and 4Q guidance were underwhelming," according to Motilal Oswal Research. Other IT stock like Tech Mahindra, Infosys and Tata Consultancy Services were also trading lower. "HCL Tech reported decent revenue growth of 3.8% q-o-q in cc but missed our estimates of 4.8% q-o-q in cc with largely broad performance across geos and verticals," Shaji Nair, Research Analyst, Capital Market Strategy, Mirae Asset Sharekhan, said. IT company HCL Tech on Monday reported a 5.54 per cent uptick in consolidated net profit to Rs 4,591 crore for the De
The rupee declined by 3.1 per cent since September, and Indian equity benchmarks Nifty and Sensex fell by 8.5 and 7.3 per cent, respectively, during the same period
While banks are closed for Makar Sankranti, traders can breathe easy-BSE and NSE will operate as usual
Sensex dropped over 800 points or 1% to an intraday low of 76,535.24, on January 13. The Nifty also fell over 250 points, trading around 23,200.
The Nifty SmallCap and MidCap indices have plunged up to 7% thus far in 2025 as against a near 2% fall in the Nifty 50 index. Chart shows broader indices on course to test multi-month support levels.
Analysis of the market data by SAMCO Securities shows that the BSE Sensex delivered a negative return during the last 6 Maha Kumbh Mela periods, followed by a net gain in the subsequent 6 months.
Analysts suggest, the markets are worried about implementation of protectionism measures by the new leadership in the US and evolving deflationary conditions especially in China.
Technical chart shows that the Nifty Next 50 index looks weak and could slide towards 58,670 - implying an over 11% fall from present levels, whereas on the upside can jump by 6% to 70,200 levels.
According to estimates by various brokerages, the combined net profit of the Nifty 50 companies could grow 7.9 per cent year-on-year
A weekly close below the 50-WMA, shall open the doors for a likely slide towards 22,275 on the Nifty. Sensex likely to test 75,200 in the near-term.
Technically, the term 'Death Cross' indicates a weak set-up as the stock's 50-day moving average has dropped below the long-term 200-day moving average.
A market cap-based index selects and assigns weights to stocks based on market cap, favouring larger companies
Union Bank stock futures plunged nearly 8% on the back of 54% increase in OI. On the other hand, Dr. Lal Path Labs and Metropolis Health witnessed long build-up on Monday; shows derivatives data.
Share Market Outlook: NSE Nifty could face interim resistance around 24,250 and 24,435, show technical charts. Here are the key levels to watch out on Sensex, MidCap and SmallCap indices this week.
In CY24, the exchange recorded 90 successful listings on the mainboard, while 178 SMEs made their debut on NSE's Emerge, cumulatively raising Rs 1.67 trillion during the period