Market Sentiments

Trade set-up for May 31: Gift Nifty, Asia stocks rise; FIIs up index shorts

All you need to know before market opens on Friday: Gift Nifty hinted of near-about 100-points opening gain as Asian shares rose this morning; FIIs long-short ratio in index futures plummeted to 0.15.

Rupee falls 9 paise to close at 83.16 against dollar on weak sentiment

The rupee depreciated 9 paise to 83.16 (provisional) against the US dollar, as elevated crude oil prices and weak domestic equities weighed on investor sentiments. Forex traders said foreign fund outflows also put pressure on the rupee. However, a weak US Dollar overseas cushioned the downside. At the interbank foreign exchange market, the local unit opened at 83.11 and finally settled at 83.16 (provisional) against the dollar, down by 9 paise from its previous close. During the day, it witnessed an intraday high of 83.06 and a low of 83.17 against the American currency. On Friday, the rupee settled at 83.07 against the US dollar. "We expect the rupee to trade with a slight negative bias on weak domestic markets and selling pressure from foreign investors. "Any further increase in crude oil prices may also weigh on the rupee. However, positive global markets and a weak Dollar may support the rupee at lower levels. Traders may remain cautious ahead of Richmond manufacturing index

Crypto decouples from global financial markets amid banking sector gloom

The collapse of several banks in the last two weeks has spread fears of contagion in global markets, but crypto markets saw a bull run, with Bitcoin climbing to its nine-month high on Monday

Can a Fed rate hike slowdown trigger global equity markets rally?

Only if more skeletons don't emerge from the closet

No breather for stock markets as US bank crisis weighs on sentiment

Sensex, Nifty fall for 4th day to hit fresh five-month lows

Sensex ends 303 pts higher fueled by Infosys, ICICI Bank; Nifty near 17950

CLOSING BELL: Within sectors, barring consumer durables, PSB and Metal indices on the Nifty logged in most gains, up over 1 per cent each, followed by IT and financial pockets

Will India Inc see a turnaround in Q3FY23 results?

Raw material prices are heading south, while a pick-up in credit cycle has also boosted overall sentiment. Will these positive factors provide succour to India Inc's fortunes in Q3 FY23 earnings?

Disappointing GDP data, weak global cues to weigh on market sentiments

Analysts said there are signs of the waning of the intensity of tailwind generated by economic reopening

Sensex, Nifty breach 200-DMA but don't panic on event driven sell-off

Traders should opt to stay on the sidelines as this is an event-driven volatility, and wait for a decisive confirmation

What will guide the markets sentiment in the next few days?

Equity markets are beginning to turn volatile as profit-making at higher levels is capping the upsides. Let's look at the key events that will guide the sentiment and trading strategies for investors

Buoyant market sentiment, record addition of clients lift brokerage stocks

Share prices of many brokers have surged over 100% in a year

Liquidity moving away from China to high-growth nations: Sumit Jalan

Jalan says investor sentiment, hit by a spate of poor listings in August, shall improve as we see successful listing going ahead

Ceat, Dr Reddy's: Be careful! These 5 stocks can dip up to 15% from here

A clear breakdown on price action and chart patterns may lead to slide in these stocks

Corporate bond credit spreads widen as investors shun risk

The spread on the ICE BofA US High Yield Index, a commonly used benchmark for the junk bond market, spiked from 318 basis points on Friday to 344 basis points as of the last update late Monday

Should you buy stocks on a dip? Here's what technical indicators suggest

The rising death toll, slow roll-out of vaccination, and Covid-19 spreading to rural areas may keep the upside in contained in the markets, believe analysts

Dramatic re-rating of the US at expense of other markets: Cameron Brandt

The jump in new Covid cases in India is spooking foreign institutional investors, says Brandt

RIL, Voda Idea, Escorts: These 38 stocks breached 200-DMA amid market crash

If the indices fail to reverse the downward trend, these stocks may further plunge up to 10 per cent

Sensex snaps 3-day winning streak as RIL, banks slide; logs weekly loss

Market benchmarks nursed losses on Friday after three days of gains as the unabated rise in COVID-19 cases and localised lockdowns prompted investors to unwind bets in banking, finance and infra counters. A continuously depreciating rupee also sapped risk appetite, traders said. After a fluctuating session, the 30-share BSE Sensex ended 154.89 points or 0.31 per cent lower at 49,591.32. Similarly, the broader NSE Nifty slipped 38.95 points or 0.26 per cent to 14,834.85. Bajaj Finance was the top laggard in the Sensex pack, tumbling 3.12 per cent, followed by UltraTech Cement, NTPC, Axis Bank, ICICI Bank, IndusInd Bank, Reliance Industries, L&T and HDFC Bank. On the other hand, Sun Pharma, HUL, Tech Mahindra, Dr Reddy's and Titan were among the gainers, climbing up to 3.69 per cent. During the week, the Sensex declined 438.51 points or 0.87 per cent, while the Nifty shed 32.50 points or 0.21 per cent. "Domestic markets traded in a mild negative territory following weak global cue

Cyclical stocks to lead India Inc's earnings growth in fourth quarter

The country's top brokerages expect Nifty50 companies to report a combined net profit of Rs 1.2 trillion in Q4FY21, translating into year-on-year growth of 142 per cent from Rs 49,645 crore a year ago

Indices gain but coronavirus fears weigh on sentiment; UltraTech up 4%

A depreciating trend in the rupee also weighed on risk sentiment, traders said