The NSE Nifty index closed 217.41 points up at 25013.15
Posts in category Economic Times
Stock market update: Nifty Bank index advances 1.07% (08-10-2024)
The Nifty Bank index closed 1.07 per cent up at 51021.0.
Should you Start deploying cash or wait in the sidelines? Aditya Sood answers (08-10-2024)
Aditya Sood of InCred Asset Management discusses a ‘buy-on-dips’ strategy for investors, emphasizing sectoral rotation and highlighting potential in consumer staples, durables, and QSR companies. He advises being bullish on largecaps due to their current valuations and points out the benefits of investments in financials and IT sectors. Sood emphasizes careful stock selection during market corrections.
Domestic funds splash $1 billion/day on shares in dip-buying spree (08-10-2024)
Domestic institutions, including mutual funds and insurers, bought equities of over $4 billion in the three sessions, according to data compiled by Bloomberg.
Stock market update: Nifty Pharma index advances 1.44% (08-10-2024)
The Nifty Pharma index closed 1.44 per cent up at 23307.95.
Market Wrap: Sensex, Nifty snap six-day decline, boosted by HDFC Bank, Reliance (08-10-2024)
Indian benchmark equity indices S&P BSE Sensex and Nifty50 closed higher on Tuesday after six consecutive sessions of decline. The recovery was led by index heavyweights HDFC Bank and Reliance Industries, ahead of the central bank’s policy decision and domestic quarterly earnings.
Rupee ends flat as RBI support helps counter global pressures (08-10-2024)
The Indian rupee remained mostly stable against the U.S. dollar due to the Reserve Bank of India’s interventions, despite negative influences such as rising U.S. bond yields, high oil prices, and equity outflows.
RBI to announce monetary policy tomorrow. Here’s what to expect from Shaktikanta Das (08-10-2024)
The IMF forecasted 3.2% global growth in 2024, but geopolitical tensions and economic instability threaten this. The US Fed cut interest rates by half a percentage point, while the ECB cut by 25 basis points. China’s central bank also implemented measures to stimulate its economy. India’s GDP grew 6.7% in Q1 FY25, outperforming globally. The RBI is expected to maintain its neutral stance and may not raise interest rates.
Are IPOs still going to be good bets going ahead? Rahul Bhasin answers (08-10-2024)
Yes, there was an issue, an adjacency issue also and I will come to that second, but the general trend is that you will end up usually getting better returns as an investor in IPOs very early in the cycle of IPOs coming back into the market, coming back into fashion.