Domestic Bets Dominate Amid Global Trade Uncertainty As global trade risks intensify ahead of the April 2 U.S. tariff decision deadline, India鈥檚 portfolio management service (PMS) managers are reassessing their strategies. While markets initially rebounded from the steepest small- and mid-cap correction since the pandemic, momentum is fading, and investor nervousness is resurfacing. How are…
Indian equity markets witnessed a strong rally on Thursday, with benchmark indices surging over 1 percent, driven by gains in IT stocks and positive global cues. The Nifty crossed the critical 23,000-mark for the first time since February 14, as investors cheered the U.S. Federal Reserve鈥檚 decision to maintain its projection for two rate cuts…
Indian equity markets rebounded sharply on March 18, with the Sensex surging 1,131 points and small- and mid-cap indices gaining over 2%, breaking a week-long losing streak. All sectors ended in the green, signaling a relief rally. However, market experts remain cautious, attributing the surge more to sentiment than fundamentals. As of 11:15 AM on…
Shares of major Indian steel companies rallied on March 19 after the Directorate General of Trade Remedies (DGTR) proposed a 12% provisional safeguard duty ad valorem for 200 days on select steel products. The recommendation came in response to a sharp spike in steel imports into India, which could significantly impact domestic producers. The news…
After ten consecutive sessions of decline, the domestic equity markets made a strong comeback on Wednesday, with benchmark indices surging over 1%. The BSE Sensex climbed by more than 760 points to reach 73,756.15, while the NSE Nifty gained 268 points, crossing the 22,300 mark to trade at 22,349 as of 11:49 AM. Leading the…
Market Recap: A Tough Day for Indian EquitiesIndian stock markets ended lower on March 4, as escalating U.S. tariffs on key trading partners鈥擟hina, Canada, and Mexico鈥攔attled global markets and dampened investor sentiment. The Sensex fell for the third consecutive session, while the Nifty 50 extended its losing streak to ten sessions, marking its longest decline…
The Indian stock market faced significant losses in early afternoon trading, driven by global uncertainties and weak cues from U.S. markets. Investor sentiment was dampened by concerns over Donald Trump’s tariff policies, reports of a new bat coronavirus strain in China, and escalating tensions between Russia and Ukraine. As a result, the Nifty index slipped…
Overview The December 2024 earnings season for India Inc. has showcased remarkable growth across multiple sectors. According to ACE Equity data, the combined profit after tax (PAT) of BSE 500 stocks surged by 15% quarter-on-quarter (QoQ) in Q3 FY25, reaching Rs 4.09 lakh crore. This also marks an 18% year-on-year (YoY) increase from Rs 3.47…
Market Performance: The BSE Sensex declined by 1.60%, closing at 75,838.36 points. The Nifty 50 index fell by 0.66%, settling at 23,192.9 points. Sector Highlights: Financial Sector: Axis Bank Ltd. shares decreased by 1.87% to 969.75 INR, yet outperformed peers like State Bank of India and ICICI Bank Ltd., which saw declines of 2.59% and…
As of January 13, 2025, Tata Motors has been actively engaging in several strategic initiatives and market activities: Recent Developments: Price adjustments: Tata Motors announced plans to increase prices for its passenger vehicles by up to 3% and for commercial vehicles by up to 2%, effective January 2025. These adjustments are attributed to rising costs…
