




The Nifty 50 index is reshuffled twice every year, based on six-month data ending January 31 and July 31.
PL Capital turned 'overweight' on IT services and 'equal-weight' on autos in its model portfolio.
This phrase of the market selloff is coming at a time when Nifty 50 is seen drifting towards what's is called a Death Cross in technical parlance.
Citi is cautious on any recovery in the private investment climate, which is says 'could remain elusive'.
The benchmark indices will look towards the earnings for the December quarter for market cues
The local currency has depreciated around 2.96 percent since 2024, Bloomberg data shows
Sensex crashed over 1 percent from the day's high, while Nifty slipped below 23,650. All NSE sectoral indices traded in the red, except for the Nifty Pharma index. Global cues also weighed on sentiment, and analysts expect the markets to remain under pressure.
Banking stocks drove a mid-day rebound in Sensex and Nifty, while auto and IT sectors lagged. Adani Enterprises surged, with Wipro leading laggards. Persistent concerns over FII outflows and rupee weakness remain.
Sensex and Nifty turned flat by midday Thursday as early gains faded amid thin volumes and cautious trading ahead of the year-end and F&O expiry.
“You lose money fast in the stock market. You can't make it fast.” - Peter Lynch
The selloff in Nifty and Sensex has been driven by hawkish signals from the US Federal Reserve, relentless FII selling, and concerns over high valuations. Sluggish corporate earnings growth and breach of technical support levels have further soured investor sentiment.
Nifty and Sensex are set to extend losses as the US Fed’s cautious stance on rate cuts adds to domestic pressures like a weakening rupee and stretched valuations. Gift Nifty on IFSC fell nearly 1.5 percent this morning, following a sharp sell-off in the US equities overnight.
The recent market decline is driven by profit booking after a sharp 6-7 percent rally and investor caution ahead of the US Fed decision, with 24,000 on Nifty seen as a critical level for an upside bias.
Share market rebound came amid easing inflation and resilience in key sectors, though investors remain cautious ahead of next week’s US Federal Reserve policy meeting and domestic macroeconomic releases.
IndiaCharts' Rohit Srivastava said the Indian equities seem to have possibly topped out ahead of other major global indices. The global markets may now surprise us on the downside, he added.
Earlier, expiry day volatility used to kick in on different days of the week. After the Sebi rules came into effect, the entire weekly expiry event has shifted to a single day.
Markets are eyeing a liquidity boost from RBI monetary policy, keenly watching if Governor Shaktikanta Das-led Monetary Policy Committee will opt for a repo rate or cash reserve ratio cut amid signs of an economic slowdown.
The rebound in Sensex and Nifty was largely driven by strong buying in heavyweight stocks across sectors, with IT majors leading the charge. Easing selling pressure from FIIs helped.
Experts believe that last week’s GDP disappointment has been largely priced in by the markets. NSE Nifty 50 topped 24,400 today, while BSE Sensex gained 600 points intraday.
MOSL said its Model Portfolio is Overweight on 'domestic structural as well as cyclical themes' such as Consumer Discretionary, Industrials, and Real Estate, along with IT, Healthcare and BFSI.