Global liquidity conditions, geopolitical developments, and the actual pace of economic reforms will play crucial roles in shaping the market's trajectory, said Dezerv's Vaibhav Porwal.
Stocks to Watch, 11 September: Stocks like Dr Reddys Laboratories, Jupiter Wagons, Rail Vikas Nigam, Highway Infrastructure, Mazagon Dock Shipbuilders, Tega Industries, GMR Airports, Adani Ports and Special Economic Zone, Torrent Pharmaceuticals, Muthoot Finance, Kotak Mahindra Bank, and Healthcare Global Enterprises will be in focus on September 11.
Gold's October contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 1,08,744 per 10 grams today.
Oil prices rose on Wednesday after Israel attacked Hamas leadership in Qatar and U.S. President Donald Trump asked Europe to impose tariffs on buyers of Russian oil, but a weak market outlook capped gains.
The recent GST rationalisation is crucial as it signals the next wave of reforms, said Rajesh Cheruvu of LGT Wealth India.
Stocks to Watch, 10 September: Stocks like Kotak Mahindra Bank, Vikram Solar, Blue Jet Healthcare, Sun Pharmaceutical Industries, HEG, Sterling and Wilson, Mamata Machinery, Bikaji Foods International, and Optivalue Tek Consulting will be in focus on September 10.
Gold rate today: Yellow metal's futures with October expiry crossed the key Rs 1,09,500 per 10 grams mark on MCX earlier today.
Gold's rise is being driven by a combination of factors including a weaker US dollar, expectations of interest rate cuts, political pressure on the Federal Reserve, and heightened geopolitical uncertainties, said Axis Mutual Fund.
The FIIs extended the selling on 11th consecutive day as they offloaded equities worth Rs 2,169 crore on September 8, while DIIs purchased equities worth Rs 3,014 crore on the same day.
Rishabh Nahar advised focusing on durable consumption sectors such as household staples, autos, and financials that enable consumption.
Stocks to Watch, 09 Sept: Stocks like Infosys, Voltamp Transformers, RailTel Corporation of India, Strides Pharma Sciences, IRB Infrastructure Developers, Brigade Enterprises, Prime Focus, Amanta Healthcare, and Vikram Solar will be in focus on September 9.
As global reliance on the US dollar declines, India cautiously adapts—balancing local currency trade, reserve diversification, and strategic autonomy to strengthen its financial resilience in an emerging multipolar global economy
Gold rate today: Yellow metal's October contracts on the MCX opened at Rs 1,07,456 per 10 grams today.
A bumper Diwali season is surely on the cards, but more importantly, GST rationalisation underpins a steady consumption recovery over multiple quarters, said Saurabh Rungta of Avendus Wealth.
Nifty stays range-bound near the 40-week MA, with support at 24,275. Average swing at 64 signals no overbought risk, leaving room for potential upward movement
The Foreign institutional investors (FIIs) offloaded equities worth Rs 1304 crore on September 5, while Domestic institutional investors (DIIs) purchased equities worth Rs 1821 crore on the same day.
Stocks to Watch, 08 Sept: Stocks like Adani Power, SpiceJet, Jaiprakash Associates, Zydus Lifesciences, Aurobindo Pharma, BHEL, HFCL, Ceigall India, ACME Solar Holdings, Prime Focus, Time Technoplast, Exxaro Tiles, and NTPC Green Energy will be in focus on September 08.
In the coming week starting from September 8, the market will remain volatile and rangebound with focus on India & US inflation, China's NPC meeting, ECB interest rate decision, weekly US jobs data, and any updates related to India-US trade deal, according to experts.
The rupee plummeted to a record low and closed at 88.27 against dollar after touching an intra-day low of 88.38 on Friday.
All major moving averages are currently flat, typically a sign of consolidation or range-bound movement in the Nifty 50, said Sudeep Shah of SBI Securities.
Resolving trade matters with the US is crucial for boosting market sentiment and attracting foreign investments, said Waterfield's Vipul Bhowar.
Among sectors, BSE Metal index added nearly 6 percent, BSE Auto index rose 5.2 percent, BSE Consumer Discretionary index gained 3.6 percent, while BSE Information Technology index shed 1 percent.
Within the positively impacted sectors, V Srivatsa of UTI Asset Management Company remains optimistic on automobiles and insurance as valuations remains reasonable and long-term impact is decent.
New leg of upmove in the market would be more dependent on the earning visibility of the corporate sector and reduction in global uncertainties, said Sandeep Bagla of TRUST MF.
Rupee is volatile only against the dollar, and many countries are experiencing this, says Sitharaman