BUSINESS
Persistent Systems shares surge 10% on stellar Q3 performance, brokerages offer mixed views
Persistent added a major client in the energy services sector, with its order pipeline now exceeding $1 billion. Analysts noted that advanced negotiations for large deals could further bolster its order book in FY26.
BUSINESS
Markets tumble for third straight day as investors brace for Fed rate decision
Sensex and Nifty logged their third session of losses on caution ahead of the Federal Open Market Committee's decision on interest rates. Over these three sessions, the Nifty has dropped 2.3 percent, while the Sensex has shed 2.5 percent.
BUSINESS
Sensex plunges 550 pts, Nifty below 24,200 ahead of Fed rate decision; 11 out of 13 sectors in red
Financials bore the brunt of the selling pressure on December 18, with heavyweights like HDFC Bank and ICICI Bank dropping 1 percent and 1.5 percent, respectively.
BUSINESS
Sensex, Nifty decline for third session ahead of Fed policy outcome; banks, auto struggle, pharma gains
The PSU Bank index was one of the biggest decliners, dropping nearly 1 percent, with Bank of Baroda and SBI contributing to the fall, losing 1.5 percent and 0.5 percent, respectively.
BUSINESS
Sensex nosedives 1,000 points, Nifty closes below 24,350 amid broad-based selling ahead of Fed meet
Adding to investor caution, India's merchandise trade deficit widened to $37.84 billion in November from $27.14 billion in October, exerting pressure on the rupee.
BUSINESS
Sensex plunges over 1,000 pts, Nifty below 24,350 as selling pressure intensifies; 11 out of 13 sectors in red
Investors are bracing for the Federal Reserve's monetary policy meeting that will shed more light on the central bank's future rate cut path
BUSINESS
Sensex crashes over 800 pts, Nifty below 24,450 on caution ahead of Fed meet; banks, oil & gas drag
Investors are now firmly focused on the Fed's December 18 decision, where a 25-basis-point rate cut is almost certain, with odds at 97 percent, as per the CME FedWatch tool.
BUSINESS
Sensex, Nifty end lower on a dull day of trading; IT and metals drag, real estate defies trends ahead of Fed meeting
Analysts expect the Indian benchmarks to consolidate until clarity emerges from the Fed's stance on key interest rates.
BUSINESS
Sensex plunges 550 pts, Nifty below 24,650 as bank, IT stocks weigh; India VIX soars 10%
HDFC Bank—the heaviest Nifty 50 component—fell 0.6 percent, dragging the Nifty Bank index down by 0.3 percent.
BUSINESS
Sensex, Nifty slip as caution spreads ahead of Fed meet; Metal, IT stocks drag
As the second half of December unfolds, analysts anticipate a tapering of FII volumes while stock-specific action continues to dominate the domestic market landscape.
BUSINESS
U-turn on Dalal Street: Sensex soars over 2,000 pts from intraday lows, defying early losses, on expiry day; bank, telecom lead gains
For the week, the Nifty and Sensex gained about 0.4% and 0.5%, respectively; benchmark indices log longest weekly winning run since July
BUSINESS
Sensex surges nearly 2,000 pts from day's low, Nifty above 24,700; Airtel, FMCG stocks lead strong recovery
However, weakness was seen in broader markets with Nifty Smallcap index trading 0.5% lower
BUSINESS
Freaky Friday at D-Street: Sensex crashes 1,000 pts, Nifty below 24,250; metal stocks drag
All 13 major sectoral indices fell, with the metal index dropping over 2 percent amid a lack of clarity on policy measures from China, a key consumer.
BUSINESS
Sensex, Nifty end lower ahead of India CPI data; broader markets under selling pressure
Weakness in oil & gas and FMCG stocks dragged the benchmarks lower, while the IT index hit a fresh high after U.S. inflation data came in line with expectations, bolstering prospects of a Federal Reserve rate cut next week.
BUSINESS
Sensex, Nifty decline ahead of India CPI data, weekly F&O expiry; energy, auto stocks drag
The Nifty IT index climbed over 1 percent, with all 10 constituents trading in the green. However, sectors like oil & gas, auto, and FMCG weighed on the market.
BUSINESS
Sensex, Nifty flat ahead of India CPI data; IT stocks shine on Fed rate cut hopes
The IT pack led the gains in the Nifty after in-line U.S. inflation data reinforced expectations of a Federal Reserve rate cut next week, a positive development for India's information technology companies, which earn a significant share of their revenue from the U.S.
BUSINESS
Short Call | Where to find value in a pricey market? PNC Infra, Avenue Supermarts in focus
When growth becomes scarcer and the discount rate becomes lower, growth becomes more valuable. - Bill Miller
BUSINESS
Sensex, Nifty remain rangebound for 4th straight day ahead of US inflation data; IT, auto stocks gain
The US inflation data will shape the Federal Reserve's interest rate outlook, which could impact foreign inflows into emerging markets such as India
BUSINESS
Sensex, Nifty open flat as investors eye US inflation data; auto stocks accelerate
For two consecutive sessions, Indian benchmarks have been in a consolidation phase as traders exercise restraint, waiting for clarity on inflation trends.
BUSINESS
Sensex, Nifty flatline as caution looms ahead of inflation data; broader markets outperform
Amid a lacklustre session, the IT index emerged as a star performer, gaining nearly a percent and hitting a record high of 45,377.75, led by Infosys, LTIMindtree, and Wipro.
BUSINESS
Sensex, Nifty dip slightly as energy, auto stocks weigh
The domestic market has entered a consolidation phase, expected to persist until the release of key inflation metrics.
BUSINESS
Sensex, Nifty off to a muted start ahead of US, India inflation data; bank, IT stocks gain
Looking ahead, 24,800 is expected to act as a significant resistance level for Nifty, followed by 25,000, according to Hardik Matalia, Derivative Analyst at Choice Broking.
BUSINESS
Sensex, Nifty close lower in rangebound session; consumer, auto stocks drag
The Nifty FMCG index fell over 2 percent, dragged down by Godrej Consumer Products, whose shares dropped over 9 percent due to the company's weak growth outlook for the October-December quarter.
BUSINESS
Sensex, Nifty recover from early losses; mid and smallcaps outperform
The near-term trend of the benchmarks appears uncertain, with investors awaiting the US consumer price inflation (CPI) data due on December 11 and India's CPI data on December 12.
