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
Stock Market Today: The Nifty FMCG Index is currently trading within a crucial range of 58,050 - 55,675, and any breakout above or below this range will likely trigger significant directional momentum
Singh spoke about the major trends that dominated the insurance space in 2024 and the trends to look forward to in the new year
Technical charts show the Nifty Auto index can potentially rally another 10% to 26,180 levels; while select stocks such as M&M, Tata Motors and Ashok Leyland can surge up to 15%.
Sebi had first issued the circular in July 2024 where it had directed stock brokers with more than 50,000 active unique client codes (UCCs) to comply from January 1, 2025
Muthoot Finance, Blue Star, Coromandel Fertilisers, Praj, Kaynes Technology, Lloyd Metals, IPCA Labs and Radico Khaitan were the 8 stocks to hit a new life-time high on January 1, 2025.
Over 70 listed companies raised Rs 1.13 trillion through the QIP route. Vedanta, Zomato and Adani Energy Solutions each raised over $1 billion in fresh capital via this route
The Nifty 50 and Sensex rose 8.8 per cent and 8.2 per cent, respectively, this year, logging their ninth straight year of gains, mostly on support from domestic institutional investors