Domestic benchmark indices Nifty 50 and Sensex experienced significant gains, driven by the festive "Santa Claus rally" in global markets.
Exporters and importers are responding differently but both sides are accelerating hedge coverage, hedging their exposure using structured products and preferring shorter tenor hedges until policy and geopolitical backdrop stabilises
Indian markets opened with gains on November 26, boosted by rising expectations of a Federal Reserve rate cut and supportive global cues.
Indian markets are set for a strong gap-up open on November 26, boosted by rising expectations of a Federal Reserve rate cut and supportive global cues.
Whether commodities markets are about to reshuffle again in the next few months will be shaped by if the conflict is halted
BSE Midcap and smallcap indices rose 1.2% each. All the sectoral indices ended in the green with media, auto, private bank, oil & gas, power, PSU, realty, consumer durables, pharma metal and PSU Bank added 1-2%. Biggest Nifty gainers included JSW Steel, HDFC Life, Bajaj Finserv, Bajaj Finance, Jio Financial, while Bharti Airtel, Asian Paints, SBI Life Insurance were among top losers.
Sectoral trends reflected the uneven mood in the market. Nifty Media emerged as the worst performer, falling 0.8 percent, followed by Nifty IT and Nifty Consumer Durables, each shedding 0.5 percent.
On the sectoral front, metal, pharma, PSU Bank and realty added 0.5-1%, while consumer durables, IT, media, oil & gas shed 0.5% each.
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On the sectoral front, metal, pharma, PSU Bank and realty added 0.5-1%, while consumer durables, IT, media shed 0.5% each. BSE Midcap and smallcap indices ended higher. Hindalco Industries, SBI, Bharat Electronics, Shriram Finance, HDFC Life were among major gainers on the Nifty, while losers included Adani Enterprises, TMPV, Infosys, HDFC Bank and Trent.
Broader indices underperformed the main indices, as market fell during a last-hour selloff with breadth favouring the decline.
After opening in the green, the benchmark indices Nifty 50 and Sensex erased all their gains to settle with losses on November 24.
The rupee’s record fall has sparked short-term caution in equities, pressuring import-heavy sectors while boosting exporters.
Nifty and Sensex opened mildly higher on November 24, supported by positive global cues and improving expectations for FY27 earnings growth.
A record-low rupee signals more than currency volatility
Indian markets are set for a positive start on November 24, with GIFT Nifty indicating early gains despite mixed global cues and investors tracking key U.S. data releases this week.
Tech Mahindra, Eicher Motors, Bajaj Auto, Wipro, Infosys are among major gainers on the Nifty, while losers are JSW Steel, Bharat Electronics, Max Healthcare, Grasim Industries, Dr Reddys Labs. Among sectors, except IT, all other indices ended in the red with media, metal, realty, pharma, oil & gas, FMCG down 0.4-1%. BSE midcap index fell 0.3%, while smallcap index down 0.8%.
Commodity market turbulence is expected to persist as traders now await a series of economic releases including US retail sales, producer price inflation, durable goods orders, and potentially preliminary third-quarter GDP and core PCE figures.
Despite mid-session buying, the market ended near day's low.
Nifty and Sensex slipped over a half a percent on November 21 as weak global cues dragged sentiment, though both indices still ended the week in positive territory.
Benchmark indices may pause near highs amid global weakness and consolidation, while previous resistance levels have now turned into reliable support, reinforcing the long-term bullish bias.
Sensex Today | Stock Market LIVE Updates: BSE Midcap and Smallcap indices down 1 percent each. Except auto, all other sectoral indices are trading in the red with capital goods, realty, PSU Bank, metal down 1 percent each. Maruti Suzuki, M&M, Interglobe Aviation, Max Healthcare, Eicher Motors are among major gainers on the Nifty, while losers are Tata Steel, Hindalco Industries, Bajaj Finance, JSW Steel and HCL Technologies.
Eicher Motors, Bajaj Finserv, Bajaj Finance, Reliance Industries, Tech Mahindra were among major gainers on the Nifty, while losers were Asian Paints, HCL Technologies, Titan Company, Apollo Hospitals and Tata Steel.
Nifty and Sensex extended their uptrend on November 20, rising over half a percent as strong global cues and robust buying interest pushed the indices higher.