The dollar weathered another suspected blast of Japanese intervention to rise against the yen on Monday, while European markets got a lift
The basket of ferrous and non-ferrous metals, too, saw sharp swings in Samvat 2078
During the year, India's dematerialised account tally topped 100 million for the first time
Among prominent stocks, ITC, Dixon Technologies, Axis Bank and Bajaj Finance seem poised to rally up to 14 per cent; whereas Asian Paints is seen testing the crucial 200-DMA level at Rs 3,131.
World stocks were largely negative ahead of a slew of central bank meetings
The logistics solution provider said it anticipate moderate growth in shipment volumes through the rest of the financial year.
Stocks to watch today: Tracxn Technologies will make its debut on the bourses Thursday. As per IPO Watch, it may see a muted listing with flat to a negative discount. The issue price is Rs 80 a share
World stocks were a touch softer on Wednesday with sentiment caught between upbeat earnings and further signs that strong inflation will keep major central banks firmly in rate-increasing mode
Boeing India on Tuesday reportedly announced it would assess and collaborate with Midhani to develop raw materials for standard aerospace parts and components in India.
A recent survey by Bank of America Corp suggested market capitulation before a rally in stocks by the first half of next year. But what is market capitulation? Here is a report
Stock exchanges in Europe were trading in the positive territory in mid-session deals
With asset quality improving, analysts see more growth
Analysts remain fairly optimistic on jewellery players as softening gold prices and the ongoing festive season makes a case for sustained demand momentum going forward
Stocks to watch today: Electronics Mart will make its debut on the bourses today. As per IPO Watch, the company could list with a healthy premium of up to 50% over issue price of Rs 59 apiece
Stock markets will be guided by the ongoing quarterly earnings season and global factors, analysts said, adding that foreign fund movement would also play a crucial role in dictating the terms. Besides, movement of the rupee and trend in international oil benchmark Brent crude will also influence trading, they added. "Market will look for direction from Q2 earnings and global cues. This week many financial and cement companies will come out with their Q2 results. Global markets are quite volatile, which may lead to volatility in our market as well," said Santosh Meena, Head of Research, Swastika Investmart Ltd. In terms of global factors, macro numbers from the United States and China will be important, Meena said. Movement of the US bond yields, dollar index and crude oil will be other global factors to watch out for, Meena added. It will be important to see institutional flows from here on. "Earnings and global cues will dictate the trend this week. First, participants will reac
Dip in dollar, bonds, and oversold markets boost global equities
In Q2FY23, Federal Bank also recorded its highest ever net interest income of Rs 1,762 crore, which was up 19 per cent YoY
In August, BofA had revised its Nifty target upwards twice citing reduction in macro uncertainty
Gold's outperformance over equity has been even better in the international market, thanks largely to a big sell-off in equities in advanced economies such as the US and Western Europe
Gains in Reliance Industries, HDFC, HDFC Bank, Kotak Bank, HUL, and ITC helped indices bounce back