Sensex, Nifty, Share Prices LIVE:Equity markets are expected to open flat amid mixed global trends, with the domestic market influenced by the nearing end of the election and earnings seasons. Analysts anticipate sustained momentum in the short term, driven by global sentiment. The slowdown in FPI selling is a positive sign. Gift Nifty at 23,030 against Nifty June futures at 23,109 suggests a flat opening. Vipul Bhowar of Waterfield Advisors noted that the RBI’s ₹2.11-lakh crore dividend payout could ease the FY25 fiscal deficit, potentially reducing government borrowing needs and boosting capital spending. However, the “Sell India, buy China” stance may persist due to valuation differences. Pravesh Gour of Swastika Investmart highlighted key earnings from companies like Tata Steel and the influence of the upcoming Lok Sabha election results on FII flows. Positive global cues and steady gains in domestic benchmarks support a gradual market up-move with some volatility expected.
Posts tagged BL
NSE lowers tick size to 1 paisa for select scrips (26-05-2024)
NSE’s decision to reduce tick size to enhance price discovery and market efficiency
Purchased more paddy and farmers paid quickly: Telangana Civil Supplies Minister (26-05-2024)
Uttam Kumar Reddy claimed that both BRS and BJP were collaborating to defame the Congress government, particularly targeting the Civil Supplies Department with baseless allegations of corruption
UBS flags ‘buy-on-dip’ opportunities on unexpected poll outcomes (26-05-2024)
Financial markets already pricing in BJP retaining single-party majority, says global wealth management major
SEBI cuts commodity delivery period in derivatives to three (26-05-2024)
The circular shall be effective from July 1, for contracts where staggered delivery is scheduled after this date, it added
Shifting Stance: FPIs turn bullish on Indian equities ahead of June 4 (26-05-2024)
Expected to increase buying, anticipating post-election results rally, say analysts
FPIs take out ₹22,000 crore from equities in May amid poll jitters, Chinese mkt outperformance (26-05-2024)
FPIs invested ₹Rs 2,009 crore in the debt market during the period under review
Markets to track global cues; may witness gradual up-move ahead of Lok Sabha poll results: Analysts (26-05-2024)
The monthly derivatives expiry on Thursday may also fuel volatility in markets
Bullion Cues: Minor correction possible (25-05-2024)
Traders can buy if the price drops
Crude Check: Key support under test (25-05-2024)
₹6,400 is crucial for MCX futures