Natural gas prices dropped by 3.42%, closing at ₹299.3, mainly due to weaker demand forecasts for the next couple of weeks. Part of the decline is also because of reduced supply to key LNG export terminals, which are undergoing routine maintenance. So far in May, average LNG feedgas demand has slipped to 15.1 billion cubic…
The Indian stock market witnessed a remarkable rebound last week, with benchmark indices Nifty and Sensex surging over 4%. This sharp rise was fueled by improved investor sentiment, increased foreign inflows, and favorable global factors. According to Ajit Mishra, SVP of Research at Religare Broking Ltd., while market sentiment remains positive, investors should exercise caution…
The broader market experienced positive buying interest, with the BSE Midcap and BSE Smallcap indices rising by 0.7% and 1.6%, respectively. Market Surge Following RBI’s GDP Forecast Sensex and Nifty saw significant gains, climbing nearly 2% around noon on June 7. This uptick came after the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC)…
The upcoming week on Dalal Street is poised for consolidation amid the Lok Sabha elections and scrutiny of US and India inflation data. Investors will closely monitor corporate earnings, primary market activities, crude oil prices, and FII/DII data for market cues. Key Highlights: Corporate Earnings: Over 200 companies, including Zomato, Bharti Airtel, and Power Finance…
In the mid-day session, the Nifty Auto index soared to an unprecedented peak of 22,634.05, led by remarkable gains in M&M and Bajaj Auto. Concurrently, the Nifty Realty index exhibited robust growth, climbing by over a percent. Market Resilience: Sensex and Nifty Near Peak Levels As of April 30 afternoon, both benchmark indices, Sensex and…
Embracing 2024: Anticipating Market Dynamics As the dawn of the new year, 2024, unfolds, the financial markets are poised for potential growth, fostering hopes of extending their triumphant streak for the ninth consecutive year. However, this ascent might commence at a gradual pace. Broad Market Resilience The broader market scenario paints a positive picture, with…
Introduction In this article, we explore the key triggers that have the potential to influence and drive a stock market rally in the near term. Understanding these factors is essential for investors and market participants to make informed decisions and capitalize on market opportunities. By analyzing market dynamics and identifying the critical catalysts, we can…
