The gauge is 4.6% away from its peak set in September and the central bank’s jumbo rate cut Friday is further raising expectations of a record-breaking surge.
Investors are dialling back wagers on how aggressively the Federal Reserve will cut interest rates after economists warned that Trump’s policy proposals — from deregulation to tax cuts — could balloon the deficit and reignite inflation.
Several market experts are seeing a case for strong buying within the pharma sectors, especially midcap names, driven by their comfortable valuations, decent earnings trajectory and robust growth prospects.
Finance Minister said India's domestic stock market offer a sharp contrast when compared to the uncertainty of what has been prevailing outside India, and certainly is a reason to celebrate.
Wood highlighted that “more expensive mid-caps have continued to outperform blue chips” leading to many FPI portfolios underperforming.
Here’s a detailed overview of the Dow Jones Industrial Average (DJIA) and the different times that it hit milestones of 10,000, 20,000, and 30,000 levels and what are the factors that propelled it to touch 40,000 levels.
The Dow Jones industrial average crossed the 40,000 level for the first time on May 16 as the world stock index scored a third straight record intraday high on hopes of U.S. interest rate cuts and strong earnings. The Dow rose as high as 40,051.05 while the S&P 500 and Nasdaq also hit record highs in early New York trading before slowly losing steam and finishing slightly lower on the session
The trading session on MCX's new software platform finally began at 10.45 am on October 16.
Infosys Ltd, Tech Mahindra Ltd, Wipro Ltd, Indusind Bank, Kotak Mahindra Bank, Bajaj Finance, Bajaj Finserv and RIL are among blue-chip stocks yet to hit their all-time high levels
Ultratech Cement's consolidated sales rose 20% YoY to 29.96 MT in the quarter ended June 2023.
The Food and Agriculture Organization's (FAO) food price index, which tracks international prices of the most globally traded food commodities, averaged 143.7 points in 2022, up 14.3% from 2021, and the highest since records started in 1990, the agency said on Friday.
Sensex and Nifty hit record highs on Tuesday. Indian markets are defying global weakness and touching all-time levels on the back of renewed interest from FIIs as the Indian decoupling story continues to play out, said one analyst.
Annual inflation reached 10.7% in October, the European Union's statistics agency, Eurostat, reported Monday. That is up from 9.9% in October and the highest since statistics began to be compiled for the eurozone in 1997.
Official statistics show that exports of all major revenue earners such as engineering goods, petroleum, gems, and jewelry continued rising in January. Cumulative exports in FY21 till January crossed $335 billion, a record high. However, equally fast rising imports are also expected to push India's total import bill to a record high this year.
India will launch trade negotiations with Canada and Israel soon, commerce Minister Piyush Goyal said
Experts say investors with long-term portfolios can look at increasing allocation towards large-caps as outperformance in the small and midcap space will now be a factor of earnings growth
Key factors driving the market are continued economic recovery as the second wave recedes and vaccination pace accelerates, easy liquidity and low-interest rates, and the rebound in earnings for FY22, said Sen
On February 8, the Nifty for the first time closed above 15,000 and 11 stocks, including names like Adani Ports, Bajaj Auto, & Bajaj Finance, have hit their lifetime highs.
While the Nifty may remain on a consolidation path, stock-specific movements could be the flavour of the week. Here is a list of top five stocks to track based on technical parameters.
The broader markets continued to outperform benchmarks, with the Nifty Midcap up 1.4 percent to end at record closing high on positive breadth. About five shares advanced for every share falling on the exchange.
Bulls were in control of equity benchmarks as they cashed in on BJP’s victory in state assembly elections. Nifty closed above 9000-mark for the first time ever, while the Sensex ended 496 points higher.
Germany's trade surplus climbed to a record high in 2016, official data showed on Thursday, days after US President Donald Trump's top trade adviser accused Berlin of exploiting a "grossly undervalued" euro to its advantage.
The Reserve Bank of India signaled that it was convinced by the fiscal consolidation measures announced in the Budget. The RBI has kept the cash reserve ratio (CRR) unchanged at 4 percent.
Heavyweights led the rally with some stellar performance by HDFC, Sesa Sterlite, Tata Steel, Axis Bank and Tata Motors. Among the losers were GAIL, Tata Power, Maruti, Dr Reddy's and TCS.
HDFC, Sesa Sterlite, Tata Steel, Axis Bank and Hindalco are top gainers in the Sensex. GAIL, HUL, Maruti, Hero and BHEL are among the laggards.