The BSE benchmark soared 1,359.51 points or 1.63 per cent to settle at an all-time high of 84,544.31 on Friday. During the day, it jumped 1,509.66 points or 1.81 per cent to hit the lifetime intra-day peak of 84,694.46.
Posts in category Economic Times
FPIs pump Rs 33,700 cr in equities in Sep amid US rate cut, domestic market resilience (22-09-2024)
Going ahead, the trend of FPIs buying is likely to continue in the coming days, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.
How to build a resilient portfolio to achieve sustainable growth (22-09-2024)
Given the turbulence periodically cropping up in global and domestic markets, it becomes critical for retail investors to start constructing a resilient portfolio. Thorough research and a strategic approach to diversification are essential for navigating such volatility and achieving sustainable growth in their portfolios.
Fed is about to get validation for its jumbo rate cut (22-09-2024)
The Federal Reserve’s preferred price metric and consumer demand data support the recent interest-rate cut and Chair Jerome Powell’s view of a strong economy. The personal consumption expenditures price index rose slightly in August, reflecting a slowdown in inflation. Investors will monitor upcoming Fed official remarks and various economic data releases.
Mt 26K in sight for Nifty bulls. Track these 5 factors this week (22-09-2024)
The rally will depend on continued strength in banking and financial heavyweights, which have been leading the market’s upward trajectory, Ajit Mishra of Religare Broking said.
Private vs PSU Banks: What’s driving the market? Sudip Bandyopadhyay explains (21-09-2024)
Sudip Bandyopadhyay highlights key factors driving market preferences. He explains that while interest rates are expected to decline, benefiting the BFSI sector, private banks are outperforming due to their efficiency in mobilizing low-cost deposits, unlike PSU banks.
Rajesh Palviya on key market trends and trading ideas for the coming week (21-09-2024)
Rajesh Palviya, in an exclusive interview with ET Now, shares his insights on the recent market momentum, highlighting strong short-covering actions and sectoral rotations that are driving Nifty and Bank Nifty to new highs. He discusses the outperformance of private banks, particularly ICICI and Kotak, and the potential for further gains in FMCG stocks like Nestle and Britannia.
FII single-day buying hits 3-year high of Rs 14,000 crore. Is Fed turning foreigners ferocious buyers? (21-09-2024)
According to Friday’s provisional data, Friday’s FII buying was the highest in three years and the eighth-highest ever recorded. The all-time record for single-day FII buying was set on May 6, 2020, when they invested Rs 17,123 crore in the Indian stock market.
Indian IPO market boom continues with 10 new issues, 11 listings scheduled next week (21-09-2024)
In addition to upcoming IPOs, 14 companies, including Arkade Developers, Northern Arc Capital, and Western Carriers, are set to list after successful IPOs. The Indian IPO market looks positive, with projections of over Rs 1.5 lakh crore being raised in the next year, indicating strong investor appetite.
SBI among top 10 stock picks from Axis Securities with upside potential of up to 42% (21-09-2024)
Analysts predict a surge in Foreign Portfolio Investment (FPI) inflows, driven by recent positive developments. This could further fuel the current rise in large-cap investments, potentially leading to their outperformance compared to other market segments.