Global factors and FII activity will dictate trends in domestic equity markets this week while assembly poll results of Maharashtra and Jharkhand may impact stocks on Monday, say analysts.
Stock markets witnessed a spirited recovery on Friday with benchmark Sensex and Nifty notching the best single-day gains in more than five months and offering relief after weeks of
correction.
On Friday, Sensex jumped 1,961.32 points or 2.54 per cent to settle at 79,117.11 while Nifty soared 557.35 points or 2.39 per cent to 23,907.25.
“On the domestic front, the outcomes of the Maharashtra and Jharkhand elections will be crucial triggers. Especially Maharashtra where NDA witnessed a one-sided victory which is likely to boost bullish sentiment further. However, global factors continue to pose significant risks. Escalating tensions between Russia and Ukraine, alongside rising crude oil prices, have added to inflationary concerns,” Santosh Meena, Head of Research, Swastika Investmart Ltd, said.
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Posts tagged All News
Global cues, FIIs key factors to watch, mkt may react to polls outcome (24-11-2024)
“Electoral system defective”: Samajwadi Party leader raises questions on EVMs after Maharashtra, UP poll results (24-11-2024)
Samajwadi Party leader ST Hasan has criticised the electoral system and expressed distrust in EVMs following the BJP-led NDA’s victory in the Maharashtra assembly elections and Uttar Pradesh bypolls. Hasan called for a change in the electoral system, suggesting the use of both EVMs and ballot boxes for greater transparency.
The Problem of Sorcery in Papua New Guinea (24-11-2024)
Tragedies in Papua New Guinea are often followed by accusations of sorcery and unspeakable acts of violence. That cycle has become more brutal in recent years.
E2E Networks Ltd – Listed small Cloud computing player (24-11-2024)
Yes completely agree with you, they did not share any numbers in terms of PAT growth/margins etc. All I could make out is that it should grow rapidly which gives me the feeling on dot com boom/bust.
If anyone has deep insights on AI industry and can advise the kind of ROI firms are getting from their AI investments, then it can throw some light on the future.
Hitesh portfolio (24-11-2024)
@hitesh2710 sir very good morninig again. sir my concern on supreme industris .can supreme or astral replace the DI pipes by producing opvc pipes ? actually sir in water infra there will be huge demand of DI pipes in coming years so my concern is that opvc pipe can replace the di pipes ( i read somewhere that govt wants to replace di pipe by opvc ) am i right sir if that will happen then what will be impact on electrosteel casting types of company who is market leader in di pipes? sir if you have some view on this plz guide me ? thanks sir
Microcap momentum portfolio (24-11-2024)
@bindalpr007 I believe the pf is doing well.
From 7th Oct till 22nd Nov – the microcap 250 has returned -1.94% while the pf has returned +1.57%.
I really don’t like to compare with the index because of weightage and allocation. A better comparison is with a MF that runs on this index. I have been comparing regularly with Motilal Oswal 250 index based fund. That fund has returned -2.84%. This is expected because the fund does not rebalance as often as we do.
Centre meeting floor leaders of political parties on Sunday ahead of Parliament Session (24-11-2024)
The Indian government will meet with political party leaders on Sunday to discuss the upcoming Winter Session of Parliament. The session, scheduled from November 20th to December 20th, will focus on 16 bills, including the Waqf Amendment Bill. The opposition plans to address concerns like ethnic violence in Manipur and allegations against businessman Gautam Adani.
Kitex Garments Limited (24-11-2024)
How bonus issues helps in any of these things?