World News

Tag: Nifty

  • Markets Trade Flat After Two Days Of Sharp Rally Amid Sluggish Global Trends

    Markets Trade Flat After Two Days Of Sharp Rally Amid Sluggish Global Trends


    Mumbai: Equity benchmark indices were trading flat in early trade on Wednesday amid sluggish global market trends due to rising US-China trade tensions.

    After two days of sharp rally, the 30-share BSE benchmark Sensex declined 165.3 points to 76,569.59 in early trade. The NSE Nifty dipped 51.55 points to 23,277.

    From the Sensex firms, Maruti, Sun Pharma, NTPC, Tata Steel, Reliance and Infosys were the biggest laggards.

    IndusInd Bank, Axis Bank, State Bank of India and Kotak Mahindra Bank were among the gainers.

    In Asian markets, South Korea’s Kospi index, Tokyo’s Nikkei 225, Shanghai SSE Composite index and Hong Kong’s Hang Seng were quoting lower.

    US markets ended in the negative territory on Tuesday.

    “The market construct appears positive after the Nifty recouping all the losses caused by April 2nd reciprocal tariffs. The market is indicating calm after the storm. But investors should not jump to the conclusion that stability has returned to the market and it is poised for further up moves. Since the trade war between US and China is heating up after China’s latest decision to halt exports of rare earths material and orders for Boeing, more actions, reactions and volatility are on the cards,” V K Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

    Foreign Institutional Investors (FIIs) turned buyers after days of selling as they bought equities worth Rs 6,065.78 crore on Tuesday, according to exchange data.

    Global oil benchmark Brent crude dipped 0.23 per cent to USD 64.52 a barrel.

    Rallying for the second straight session on Tuesday, the BSE benchmark jumped 1,577.63 points or 2.10 per cent to settle at 76,734.89. The Nifty surged 500 points or 2.19 per cent to 23,328.55.



    Source link

  • Sensex Jumps Over 1,300 Points After Trump Pauses Tariffs Till July 9

    Sensex Jumps Over 1,300 Points After Trump Pauses Tariffs Till July 9


    New Delhi: The Sensex witnessed a sharp rally of more than 1,300 points on Thursday after US President Donald Trump announced a 90-day pause on trade tariffs for most countries, including India. 

    The announcement lifted investor sentiment in the country, even as some Asian markets remained under pressure due to renewed trade war tensions between the US and China.

    The Sensex jumped 1,310.11 points, or 1.77 per cent, to close at 75,157.26. During the day, the index touched an intra-day high of 75,467.33, while it slipped up to 74,762.84.

    The Nifty also surged by 429.40 points, or 1.92 per cent, to settle at 22,828.55.

    The Nifty faced resistance around the 21-EMA on the daily timeframe, leading to a close off the day’s high.

    “The trend appears bearish unless it decisively moves above 23,000, where significant open interest has been added. On the downside, support is placed at 22,750; a break below this level could intensify the bearish sentiment,” said Rupak De of LKP Securities.

    The market rally was broad-based as strong buying across sectors lifted investor sentiment. The BSE Midcap index gained 1.84 per cent, while the Smallcap index shot up by 3.04 per cent.

    All major sectoral indices closed in the green, with Metal, Energy, Pharma, Auto, and Banking stocks leading the gains. The Nifty Metal index was the top performer, rising over 4 per cent.

    Out of the 50 stocks on the Nifty index, Hindalco led the gain with a rise of 6.52 per cent, followed by Tata Steel, JSW Steel and Coal India which were all up between 4.4 to 4.8 per cent.

    However, Asian markets painted a mixed picture. Japan’s Nikkei 225, South Korea’s KOSPI, and Singapore’s Straits Times ended in the red.

    This came after China retaliated against the US by announcing higher tariffs of up to 125 per cent on American goods, following Trump’s recent decision to raise tariffs on Chinese imports to an effective 145 per cent.

    “Despite the global uncertainty, Indian markets cheered the temporary relief in the global trade environment, driving a strong rally across sectors and market segments,” analyst noted.

    Rupee traded positive with strong gains of 0.70 at 86.00 per dollar, supported primarily by a weaker dollar index and a significant sentiment boost from the US decision to relax tariffs on Indian goods by 10 per cent for the next 90 days.



    Source link

  • Market Bloodbath: Sensex Crashes 4,000 Points; Nifty Drops Below 21,800

    Market Bloodbath: Sensex Crashes 4,000 Points; Nifty Drops Below 21,800


    New Delhi: The impact of US President Donald Trump’s reciprocal tariffs dealt massive blow to the Indian Stock market with BSE Sensex crashing 4,000 points while the Nifty came tumbling below 21,800.

    The domestic market crash was in tandem with trends seen in major global markets.



    Source link

  • Indian Markets Sink For Second Day Amid Tariff Shock: Time To Rejig Your Portfolio? – News18

    Indian Markets Sink For Second Day Amid Tariff Shock: Time To Rejig Your Portfolio? – News18


    Last Updated:

    Investors are spooked amid escalating risk-off sentiment triggered by sweeping tariffs: How retail investors can navigate the storm

    What Should Be Your Stock Market Investment Strategy Now?

    What Should Investors Do Now? Investors worldwide are scaling back equity exposure amid escalating risk-off sentiment triggered by sweeping tariffs announced by US President Donald Trump. Fears of a global trade war, looming recession in the US—the “Mother Market”—and domestic growth concerns have collectively weighed on sentiment, dragging markets lower across the globe.

    Wall Street and Asian equities registered sharp losses overnight. In contrast, Indian benchmarks—the Nifty 50 and Sensex—closed marginally lower in the previous session, slipping around 0.3% each. Despite the muted fall, negative sentiment continues to loom.

    Volatility Ahead, Caution Advised

    Market volatility is expected to persist in the near term, said Rajesh Palviya, Head of Technical Research at Axis Securities. He suggests increasing cash allocation by up to 10% and using market dips to gradually accumulate high-quality stocks.

    Axis Securities maintains a bullish stance on large private banks, telecom, consumption, hospitals, and interest-rate-sensitive sectors. Palviya also sees long-term potential in select capex-driven stocks following recent corrections. However, the firm remains cautious on the IT sector due to anticipated weakness in U.S. discretionary tech spending.

    How Retail Investors Can Navigate the Storm

    Indian Pharma

    The sector rallied recently, as it remained largely unaffected by Trump’s tariff measures. However, caution is advised — this reprieve may not last, and valuations remain stretched.

    Large-Cap Value

    With the Nifty trading at around 17x price-to-earnings, large-caps present relative value. Mid- and small-caps, however, continue to appear overvalued. That said, persistent foreign investor outflows — possibly driven by redemptions in emerging market funds — could keep pressure on large-caps in the short term, leaving them either range-bound or trending lower.

    Focus on Domestic-Facing Stocks

    Companies with a strong domestic demand base — such as banks, FMCG, and infrastructure players — are likely to be more resilient. Still, investors must remain mindful of elevated valuations in certain pockets.

    Adopt a Cautious Stance

    The Indian market is unlikely to remain immune to global turmoil. With financial markets across the board under pressure, India cannot entirely buck the trend. While divergence may occur over time, this appears to be the early phase of a prolonged economic conflict. Investors should avoid chasing rallies and instead consider incremental investments. Market volatility is expected to persist, creating periodic opportunities — but FOMO (fear of missing out) should be avoided.

    Stay Diversified

    In light of ongoing global uncertainties and a weakening US dollar, gold remains a strong diversifier with upside potential. A prudent strategy would be to maintain a balanced portfolio across equities, gold, and fixed-income assets, as the contours of a new global economic order continue to take shape.

    News business » markets Indian Markets Sink For Second Day Amid Tariff Shock: Time To Rejig Your Portfolio?



    Source link

  • Sensex Rebounds 318 Points On Expiry Day Amid FII Buying; HDFC Bank Major Mover

    Sensex Rebounds 318 Points On Expiry Day Amid FII Buying; HDFC Bank Major Mover


    Mumbai: Benchmark BSE Sensex rebounded by nearly 318 points on Thursday on buying in blue-chip HDFC Bank, Reliance Industries, L&T, and Bajaj Finance amid foreign fund inflows.

    The 30-share BSE Sensex climbed 317.93 points or 0.41 per cent to settle at 77,606.43 amid the monthly derivative contracts expiry day. During the day, it surged 458.96 points or 0.59 per cent to 77,747.46.

    The NSE Nifty rallied 105.10 points or 0.45 per cent to 23,591.95.

    From the Sensex pack, Bajaj Finserv, IndusInd Bank, NTPC, Larsen & Toubro, UltraTech Cement, Adani Ports, Bajaj Finance, Power Grid, Zomato, State Bank of India, HDFC Bank and Titan were the biggest gainers.

    Tata Motors tanked over 5.5 per cent after US President Donald Trump announced he would impose 25 per cent tariffs on imported cars.

    Sun Pharma, Kotak Mahindra Bank, Bharti Airtel, HCL Tech and Mahindra & Mahindra were also among the laggards.

    “Domestic indices maintained optimism throughout the day, driven by sustained foreign fund inflows and the purchase of blue-chip stocks. However, the 25 per cent tariff on auto imports imposed by Trump has affected auto stocks and raised concerns within the pharma sector.

    “Despite these challenges, the broader market demonstrated resilience, supported by expectations of double-digit earnings growth in FY26, driven by easing inflation and a downward trend in interest rates, which are anticipated to improve domestic fundamentals,” Vinod Nair, Head of Research, Geojit Investments Limited, said.

    Foreign Institutional Investors (FIIs) bought equities worth Rs 2,240.55 crore on Wednesday, according to exchange data.

    The BSE smallcap gauge jumped 0.90 per cent and midcap index climbed 0.46 per cent.

    Among BSE sectoral indices, utilities jumped 2.09 per cent, services (1.61 per cent), realty (1.38 per cent), oil & gas (1.32 per cent), energy (1.22 per cent) and power (1.16 per cent).

    Auto and telecommunication were the laggards.

    In Asian markets, Shanghai and Hong Kong settled in the positive territory while Seoul and Tokyo ended lower. Equity markets in Europe were quoting lower. US markets ended in the negative territory on Wednesday.

    “The shift in FII stance, coupled with strength in banking and financial majors and rotational support from other heavyweights, is sustaining the positive sentiment. However, news related to US tariffs continues to trigger occasional volatility,” Ajit Mishra – SVP, Research, Religare Broking Ltd, said.

    Global oil benchmark Brent crude dipped 0.23 per cent to USD 73.62 a barrel.

    The BSE benchmark gauge tanked 728.69 points or 0.93 per cent to settle at 77,288.50 on Wednesday. The Nifty dropped 181.80 points or 0.77 per cent to 23,486.85.



    Source link

  • Mcap Of Seven Of Top-10 Valued Firms Jumps Rs 2.10 Lakh Crore; RIL, TCS Major Winners

    Mcap Of Seven Of Top-10 Valued Firms Jumps Rs 2.10 Lakh Crore; RIL, TCS Major Winners


    New Delhi: The combined market valuation of seven of the top 10 most valued companies surged by Rs 2,10,254.96 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers. Last week, the BSE Sensex climbed 1,134.48 points or 1.55 per cent, and the NSE Nifty rose 427.8 points or 1.93 per cent. The market capitalisation (mcap) of Reliance Industries surged by Rs 66,985.25 crore to Rs 16,90,328.70 crore.

    Tata Consultancy Services (TCS) market valuation climbed by Rs 46,094.44 crore to Rs 13,06,599.95 crore. With this sharp rise in its market valuation, TCS again rose to the second rank in the top-10 most-valued firms chart. The mcap of State Bank of India zoomed by Rs 39,714.56 crore to Rs 6,53,951.53 crore and that of Bharti Airtel advanced by Rs 35,276.3 crore to Rs 9,30,269.97 crore.

    ITC’s market valuation rallied by Rs 11,425.77 crore to Rs 5,05,293.34 crore and that of ICICI Bank surged Rs 7,939.13 crore to Rs 8,57,743.03 crore. Hindustan Unilever added Rs 2,819.51 crore, taking its market capitalisation to Rs 5,17,802.92 crore. However, the mcap of HDFC Bank plunged by Rs 31,832.92 crore to Rs 12,92,578.39 crore and Bajaj Finance’s market valuation tanked by Rs 8,535.74 to Rs 5,20,981.25 crore.

    The mcap of Infosys dipped by Rs 955.12 crore to Rs 7,00,047.10 crore. Reliance Industries remained the most valued company, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, Bajaj Finance, Hindustan Unilever and ITC.



    Source link

  • Stock Market Updates: Sensex Gains 500 Points, Nifty Above 22,250; Coforge Rises 10% – News18

    Stock Market Updates: Sensex Gains 500 Points, Nifty Above 22,250; Coforge Rises 10% – News18


    Last Updated:

    Indian stock markets opened higher on Wednesday, with the Sensex gaining 200 points

    Stock Market Today

    Sensex Today: Stock markets opened higher today, supported by mixed trade in Asia and US President Donald Trump’s address to a joint session of Congress. The BSE Sensex was trading at 73,374, up by 384 points or 0.53%, while the Nifty50 stood at 22,199, gaining 117 points or 0.53%.

    Top Nifty gainers included HCL Tech, M&M, Power Grid, Tech Mahindra, Wipro, BPCL, Hindalco, Adani Ports, and Infosys, with gains ranging from 1% to 2.4%. Conversely, Bajaj Finance, Bajaj Finserv, Shriram Finance, HDFC Bank, Ultratech Cement, and L&T were the top losers, down as much as 3.6%.

    In the broader market, the Nifty MidCap index rose 1.35%, and the Nifty SmallCap index gained 1.63%. Sector-wise, the Nifty IT and PSU Bank indices saw strong gains of 2.25% and 1.78%, respectively, while the Nifty Auto and Nifty Metal indices rose by 1.28% and 1%. The Nifty Financial Services index slipped 0.24%, weighed down by losses in the Bajaj stocks.

    Global Cues

    Australian shares hit a 10-week low on Wednesday, led by a sharp sell-off in banking stocks, as markets panicked over the fallout of a trade war triggered by U.S. President Donald Trump’s fresh tariffs.

    The S&P/ASX 200 index was trading 1.1% lower at 8,109.60 points as of 0156 GMT, its lowest since December 23, 2024. The benchmark has lost 6% since the all-time high scaled on February 14.

    Hang Seng futures gained 0.5%, while Nikkei 225 futures (OSE) declined by 0.2%, and Japan’s Topix index remained largely unchanged. In contrast, Euro Stoxx 50 futures saw a notable rise, increasing by 1.4%.

    Shares of US companies were under pressure after the latest escalation in Washington’s trade war, with new tariffs on Canada and Mexico expected to hit earnings in several sectors, including automobiles, aerospace, retail and housing.

    Economically sensitive stocks such as airlines and banks led declines on Wall Street’s main indexes on Tuesday on the new tariffs. Monday, the benchmark S&P 500 suffered its worst day of this year after the U.S. tariffs were confirmed.

    Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns US tariffs on Canada, Mexico and China will slow economic and fuel demand growth hammered investor sentiment.

    Brent futures eased 15 cents lower to $70.89 a barrel at 0200 GMT. In the previous session, the contract fell to as low as $69.75, its lowest since September 11, and settled at their lowest since that day as well.

    News business » markets Stock Market Updates: Sensex Gains 500 Points, Nifty Above 22,250; Coforge Rises 10%



    Source link

  • Stock Market Ends A Tad Lower, Nifty Holds 22,000

    Stock Market Ends A Tad Lower, Nifty Holds 22,000


    Mumbai: Indian stock markets closed a tad lower on Tuesday, with both the Sensex and Nifty settling in negative territory following US trade tariffs on Canada and Mexico coming into force from today. 

    Canada’s retaliatory tariffs on US goods further dampened market sentiment.

    The 30-share Sensex ended the day at 72,989.93, losing 96 points, or 0.13 per cent, from its previous close. Throughout the day, the index traded between 73,033.18 and 72,633.54.

    The Nifty also ended lower, closing at 22,082.65, down by 36.65 points, or 0.17 per cent in the intra-day trade.

    During the trading session, the index reached a high of 22,105.05 and a low of 21,964.60.

    In the broader market, the Nifty Smallcap100 index rose by 0.69 per cent, while the Nifty Midcap100 gained slightly by 0.05 per cent.

    Out of the 50 stocks that make up the Nifty, 28 settled lower, with notable declines seen in stocks such as Bajaj Auto, Hero MotoCorp, Bajaj Finserv, HCL Tech, and Eicher Motors, which lost up to 4.95 per cent.

    However, 22 stocks showed gains, with Adani Enterprises, State Bank of India (SBI), BPCL, Bharat Electronics, and Shriram Finance rising by up to 3.03 per cent.

    Sectoral performance was mixed, with sectors like PSU Bank, Bank Nifty, financial services, consumer durables, media, metal, oil & gas, and realty indices seeing gains of up to 2.37 per cent.

    On the other hand, sectors such as Nifty Auto, IT, Pharma, and FMCG saw losses, with declines extending up to 1.31 per cent.

    The Nifty Private Bank index also saw a marginal decline of 0.08 per cent.

    “The recent decline in small and midcap stocks reflects profit booking following a strong rally, compounded by global market uncertainties,” said Abhishek Jaiswal, Fund Manager at Finavenue.

    He added that while short-term volatility is inevitable, the broader fundamentals of quality midcap companies remain robust, supported by India’s strong economic growth and ongoing structural reforms.

    Investors should prioritise businesses with solid balance sheets and sustainable earnings growth rather than reacting to transient market fluctuations, said Jaiswal.



    Source link

  • Dark Days Of Dalal Street: From Harshad Mehta Scam To Global Crisis, India’s 5 Worst Stock Market Crashes – News18

    Dark Days Of Dalal Street: From Harshad Mehta Scam To Global Crisis, India’s 5 Worst Stock Market Crashes – News18


    Last Updated:

    The Indian stock market faced a major sell-off last week due to weak global cues and concerns over Donald Trump’s tariffs. Sensex fell 1,400 points, closing at 73,198, while Nifty ended at 22,124.

    Stock Market Crash: 5 worst market crashes in India’s history. (AI Generated)

    Stock Market Crash: The weak global cues, the concern over Donald Trump’s tariff imposition on several nations, and the narrative of ‘Sell India, Buy China’ triggered mayhem in the Indian stock market last week. Benchmark indices Nifty and Sensex faced major sell-off pressure last Friday to close nearly 2 per cent lower.

    Sensex settled at 73,198 after crashing more than 1,400 points or -1.90 per cent on Friday against the previous day’s close at 74,612. Over the past five sessions, the benchmark lost nearly 2,200 points or -3 per cent. Nifty too suffered a drastic decline to end at 22,124 with a fall of 420 points or 1.86 per cent.

    Top 5 Stock Market Crashes In India’s Stock Market History:

    1. The Global Financial Crisis (2008):

    The collapse of Lehman Brothers, one of the largest US investment bankers, and the US subprime crisis triggered a recession at the global level. As the popular saying goes, ‘when the US sneezes, the world catches a cold’, so did an economic recession occur.

    The impact of the recession was reflected in the Indian domestic equity market as the benchmark crashed over 60 per cent following the Global Financial Crisis. It came down around 8,000 points from 21,000, leading to a major wipeout of investment.

    2. Harshad Mehta Scam (1992)

    Stockbroker Harshad Mehta used loopholes in the system to manipulate the market by using bank funds and inflated stock prices. Once the scam was unveiled after a major investigation, it had a major impact on the stock market with a crash of over 55 per cent in ensuing months. Sensex crashed from 4,467 to 2,529.

    3. 1997 Asian Financial Crisis

    East Asian countries had been embroiled in a financial crisis caused by the collapse of the currency exchange rate and a hot money bubble. The financial crisis severely damaged currency values, stock markets, and other asset prices in many East and Southeast Asian countries.

    Owing to the Asian Financial Crisis, Sensex crashed from 4,600 to below 3,000 amid the large-scale sell-offs. It fell around 35 per cent.

    4. Ketan Parekh Scam (2001)

    Another scam exposition shook the stock market in India, triggering panic and a sell-off among investors. When it was exposed that trader Ketan Parekh manipulated stock prices using borrowed money, especially in tech stocks, the Sensex fell from 5,800 to 4,000, reflecting a decline of 31 per cent.

    5. Covid-19 Market Crash (2020)

    The first wave of Covid-19 triggered lockdowns and economic uncertainty at the global level. On 23 March 2020, the Sensex crashed 3,934 points (13%) in a single day, marking one of its worst falls.

    News business » markets Dark Days Of Dalal Street: From Harshad Mehta Scam To Global Crisis, India’s 5 Worst Stock Market Crashes



    Source link

  • Sensex Crashes 1,414 Points To Settle At 73,198; Nifty Tanks 420 Points

    Sensex Crashes 1,414 Points To Settle At 73,198; Nifty Tanks 420 Points


    Mumbai: Benchmark indices Sensex and Nifty tumbled nearly 2 per cent on Friday, mirroring deep losses in global markets after the latest announcement of additional 10 per cent tariff on Chinese products rattled investors.

    The 30-share BSE benchmark Sensex tanked 1,414.33 points or 1.90 per cent to settle at 73,198.10. During the day, it plunged 1,471.16 points or 1.97 per cent to 73,141.27.

    Extending losses to the eighth straight day, the NSE Nifty slumped 420.35 points or 1.86 per cent to 22,124.70.

    From its record peak of 85,978.25 hit on September 27 last year, the BSE benchmark index is down 12,780.15 points or 14.86 per cent. The Nifty dropped 4,152.65 points or 15.80 per cent from its lifetime high of 26,277.35 hit on September 27, 2024.

    Relentless foreign fund outflows and concerns about the US economic outlook made investors jittery, according to analysts.

    From the Sensex pack, Tech Mahindra slumped over 6 per cent followed by IndusInd Bank which tanked over 5 per cent.

    Mahindra & Mahindra, Bharti Airtel, Infosys, Tata Motors, Titan, Tata Consultancy Services, Nestle and Maruti were also among the major laggards.

    HDFC Bank emerged as the only gainer from the pack.

    In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled with deep cuts. European markets were trading mostly lower. US markets ended sharply lower on Thursday.

    “The national market experienced a sharp decline amid heightened bearish sentiment largely influenced by weak global cues. The decline was largely triggered by fear of the implementation of 25 per cent tariff on US imports from Canada and Mexico, set to take effect next week, along with an additional 10 per cent tariff on Chinese goods,” Vinod Nair, Head of Research, Geojit Financial Services, said.

    Adding to market jitters, the potential imposition of tariffs on the European Union has further fuelled uncertainty, he said.

    “As investors navigate this volatility, all eyes are on the domestic Q3 GDP data, which could provide vital insights into the economic recovery trajectory and influence market direction,” Nair added.

    Foreign institutional investors (FIIs) offloaded equities worth Rs 556.56 crore on Thursday, according to exchange data.

    Global oil benchmark Brent crude dipped 0.69 per cent to USD 73.53 a barrel.

    The BSE Sensex eked out marginal gains of 10.31 points or 0.01 per cent to settle at 74,612.43 on Thursday. The Nifty slipped 2.50 points or 0.01 per cent to 22,545.05, registering its seventh day of decline.

     



    Source link