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Showing posts with the label nifty today

Sensex, Nifty lacklustre tracking weak global cues; IT stocks tumble

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[hfe_template id='11223'] [ad_1] Indian benchmark indices opened flat on Monday, as gains in financial stocks were offset by losses in IT shares, amid weak global sentiment following Moody’s downgrade of the U.S. government’s credit rating on Friday. The BSE Sensex shed 60.79, or 0.07%, to open at 82,269.80, while the NSE Nifty advanced 3.05 points, or 0.01%, to open at 25,022.85. Among the 30-stock Sensex pack, shares of Infosys, Eternal, TCS, IndusInd Bank, HCL Technologies, and Reliance Industries were among the top losers, falling between 0.3% and 1.1%. The decline in IT stocks followed Moody’s downgrade of the U.S. government’s credit rating to AA1 from AAA, citing elevated debt levels and interest costs "significantly higher than similarly rated sovereigns." As IT firms earn a sizable portion of their revenue from the U.S., the Nifty IT index slipped 0.8%. In contrast, the broader markets outperformed, with the more domestically focused Nifty Smallcap 100...

Stocks to buy today: M&M, ONGC among top 7 trading ideas for May 15, 2025

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[hfe_template id='11223'] [ad_1] The Indian market is expected to consolidate on Thursday, tracking subdued global cues. India VIX dropped over 5% on Wednesday to close at 17.18. The Nifty50’s inability to sustain higher levels signals the presence of strong sellers at elevated zones. “The 24,500–24,400 pocket, which also houses the short-term 10-day EMA, has now turned into a make-or-break patch. Until Nifty holds above this belt, the broader picture remains intact,” said Dhupesh Dhameja, Derivatives Research Analyst at SAMCO Securities. “However, the psychological wall at 25,000 still looms large and continues to block upside attempts,” he added. A breakout on either side of this narrow range could steer the next directional move. “As long as Nifty floats above 24,400, the primary structure stays intact. Dips continue to attract buying interest, making them rewarding opportunities. Immediate resistance is now capped around the 24,800–25,000 corridor,” Dhameja noted. Li...

GIFT Nifty down 160 points; here's the trading setup for today's session

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[hfe_template id='11223'] [ad_1] Indian equities made solid gains on Monday, with the Nifty soaring by a record 917 points to close at 24,925 – a seven month high. Looking ahead, market participants will closely track the release of key inflation data—India’s CPI and the US Core CPI, both scheduled for Tuesday. Additionally, investors will watch quarterly results from major companies including Bharti Airtel, Tata Motors, among others which could drive sector-specific momentum. Analysts say positive momentum in Indian markets is likely to continue, driven by easing geopolitical tensions, progress on trade deals, and improving signs of economic stability. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a negative start GIFT Nifty on the NSE IX traded lower by 160 points, or 0.64 per cent, at 24,915, signaling that Dalal Street was headed for negative start on Tuesday. Live Events Tech View: Nifty continues to sustain above a crucial moving average. Going forwar...

GIFT Nifty up 35 points; here's the trading setup for today's session

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[hfe_template id='11223'] [ad_1] Domestic markets extended their consolidation for the second consecutive session on Wednesday with Nifty closing flat at 24,334. Analysts expect the market to trade in a range-bound manner with stock/sector specific action, driven by Q4 earnings announcements. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded higher by 35 points, or 0.14 per cent, at 24,429.50, signaling that Dalal Street was headed for positive start on Friday. Tech View: On the downside, immediate intraday support lies at 24,200, followed by a strong support zone between 24000 and 23800. This region aligns with the 200-day SMA and the previous monthly swing high breakout level. On the upside, 24550, which marks the 61.8% retracement of the recent decline from the all-time high, acts as a key resistance. A decisive move above this level could trigger a fresh uptrend toward the December swing high near 24800. Indi...

Sensex rises 200 points, Nifty tops 24,150 as RBI's liquidity measures defy weak global cues

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[hfe_template id='11223'] [ad_1] Indian benchmark indices Sensex and Nifty ticked higher on Tuesday, as the Reserve Bank of India's (RBI's) liquidity-enhancing measures helped counter weak global cues triggered by U.S. President Donald Trump's continued criticism of the Federal Reserve chair Jerome Powell. The BSE Sensex was up 205 points, or 0.26%, at 79,613, while the Nifty50 rose 52 points, or 0.21%, to 24,177 around 9:36 am. From the Sensex pack, Eternal, Kotak Mahindra Bank, Tata Steel, HDFC Bank, and Bajaj Finance were among the top gainers, rising up to 3.4% in early trade. In contrast, IndusInd Bank, Infosys, Power Grid, Asian Paints, and HCL Tech opened in the red. Nifty Bank stocks gained up to 1.4% after the RBI directed lenders to assign a lower-than-proposed buffer rate of 2.5% on digitally accessible deposits, with a one-year compliance window — the latest move in its regulatory easing efforts. Meanwhile, IT stocks such as Infosys, HCL Tech, Wip...

GIFT Nifty down 100 points; here's the trading setup for today's session

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[hfe_template id='11223'] [ad_1] Benchmark indices Sensex and Nifty jumped more than 2% on Tuesday due to positive global market cues after US President Trump announced a temporary tariff relief on phones, computers and popular consumer electronics. Focus will be on the key Q4 earnings including Wipro. Analysts expect positive momentum to continue in the market, on hopes of global trade settlements and softening in US reciprocal tariffs. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a negative start GIFT Nifty on the NSE IX traded lower by 101.50 points, or 0.43 per cent, at 23,283, signaling that Dalal Street was headed for negative start on Wednesday. Tech View: Support is placed at 23,300; a decisive break below this level could trigger a correction towards 23,000. Resistance is placed at 23,370 and 23,650. India VIX: India VIX, which is a measure of the fear in the markets, fell nearly 20% to settle at 16.12 levels. US stocks end lower US stocks ended s...

GIFT Nifty down 830 points; here's the trading setup for today's session

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[hfe_template id='11223'] [ad_1] After a week-long consolidation phase, Indian equity markets saw a sharp downturn, with benchmark indices slipping over 2.5%, dragged primarily by weak global cues and renewed concerns over a trade war. This week is packed with key domestic and global triggers. With tariff-related tensions escalating, global investors will closely track any further developments on that front. Back home, the MPC meeting outcome on April 9 will be a major focus, followed by key macroeconomic indicators—IIP and CPI data—due on April 11. Adding to the action, the Q4 earnings season kicks off with IT giant TCS set to announce its results on April 10. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a gap-down start GIFT Nifty on the NSE IX traded lower by 830.50 points, or 3.62 per cent, at 22,130.50, signaling that Dalal Street was headed for gap-down start on Monday. Tech View: Sentiment remains weak, and a further decline from the current level ...

Pre-market action: Here's the trade setup for today's session

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[hfe_template id='11223'] [ad_1] Indian markets managed to close in the green for the seventh consecutive trading session on Tuesday, which suggests there is continued buying interest in domestic equities. Analysts expect the market to continue with a gradual up-move on the back of FII inflows, strong INR and positive cues from the US market. STATE OF THE MARKETS Tech View: Immediate support is placed at 23,600, and a decisive drop below this level could drive the index toward 23,300. On the upside, resistance is at 23,800, and a breakout above this level may resume the rally. India VIX: India VIX, which is a measure of the fear in the markets, rose 0.7% to settle at 13.79 levels. Stocks in F&O ban today 1) Manappuram 2) Hindustan Copper Live Events 3) Polycab4) IndusInd Bank5) SAIL Securities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit. FII/DII action Foreign portfolio invest...

Sensex drops 100 points on sell-off in IT stocks, Nifty below 23,200 mark

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[hfe_template id='11223'] [ad_1] Indian equity indices opened in the red on Friday, snapping a four-session gaining streak, dragged by IT stocks amid concerns over discretionary spending in the U.S. The BSE Sensex was down 114 points, or 0.15%, at 76,234, while the Nifty50 slipped 14 points, or 0.06%, to 23,176 around 9:19 am. The Nifty IT index dropped over 2% after global IT consultancy firm Accenture warned of reduced discretionary spending. Accenture shares fell 7.3% overnight. Among Sensex stocks, Infosys, TCS, HCL Tech, Zomato, and Tech Mahindra were the top laggards, falling up to 2.3%. On the other hand, Bajaj Finance, Nestle India, Sun Pharma, Power Grid, and NTPC opened with gains. Live Events In individual stocks, Ola Electric Mobility surged 5% in early trade after the company attributed discrepancies in its February sales data to a temporary backlog caused by ongoing negotiations with vehicle registration vendors. Meanwhile, the FTSE March semi-annual review...

Sensex soars 900 points, Nifty tops 22,750. 8 key drivers fueling this rally

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[hfe_template id='11223'] [ad_1] Indian benchmark indices extended their gains on Tuesday, building on Monday's momentum, as the Sensex surged 900 points and the Nifty traded above 22,750. Financials and metals led the rally, with all sectors in positive territory, driven by a combination of global cues, domestic tailwinds, and technical resilience, fueling optimism in Indian equities. By 11:38 AM, the BSE Sensex had jumped 908 points (1.22%) to 75,078, while the NSE Nifty climbed 267 points (1.19%) to 22,776. Investors are closely watching key policy decisions this week from the U.S. Federal Reserve, Bank of Japan, and Bank of England, all of which are expected to hold interest rates steady. Meanwhile, the total market capitalisation of BSE-listed companies surged by Rs 4.03 lakh crore on Tuesday, reaching Rs 397.20 lakh crore. Why is the stock market rising today? Live Events 1) Tracking Wall Street and Asian Shares Rally Indian equities mirrored a strong rally acr...

GIFT Nifty up 150 points; here's the trading setup for today's session

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[hfe_template id='11223'] [ad_1] Continuing uncertainties surrounding global trade and the fear of a U.S. recession may continue to influence the domestic market's momentum. However, analysts said moderation in valuations following recent corrections, along with supportive factors such as falling crude oil prices, an easing Dollar Index, and expectations of a rebound in domestic earnings in the coming quarters, may limit the volatility. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded higher by 148.50 points, or 0.66 per cent, at 22,567, signaling that Dalal Street was headed for positive start on Monday. Tech View: The RSI is also trading below its 14-day SMA at 38, indicating weak momentum. Immediate support is at 22,300, and a breach below this level could trigger further selling towards 22,000. On the upside, 22,630 is a crucial resistance level, and a breakout above it may lead to an upmove toward 22,8...

GIFT Nifty down 25 points; here's the trading setup for today's session

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[hfe_template id='11223'] [ad_1] After three consecutive weeks of losses, markets made a strong comeback, closing the last week with gains of nearly 2%. The recovery was driven by favourable global and domestic cues, instilling confidence among investors. The current trading week will be a holiday-shortened one, with market participants closely monitoring global developments in the absence of major domestic events. Key factors to watch include fresh updates on tariff negotiations, geopolitical tensions, and their impact on the movement of the US dollar and crude oil prices. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a muted start GIFT Nifty on the NSE IX traded lower by 25 points, or 0.11 per cent, at 22,603, signaling that Dalal Street was headed for muted start on Monday. Tech View: "The sentiment remains positive, with the potential to reach higher levels in the short term. On the higher end, immediate resistance is seen at 22,700–22,750. On the...

GIFT Nifty down 20 points; here's the trading setup for today's session

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[hfe_template id='11223'] [ad_1] Indian equities closed in the red for the tenth consecutive trading session as the market was impacted by weak global sentiments. The US officially implemented a 25% tariff on imports from Canada and Mexico, while Chinese goods face a cumulative 20% duty following an additional 10% levy imposed by President Trump. Given weak global cues and lack of domestic triggers, analysts said Indian equities are expected to remain largely subdued, though a continued buying interest in the broader market could provide some support to the market. flat on Monday as concerns over continued FII selling, the imposition of tariffs by the US, ongoing geopolitical tensions between Russia and Ukraine continue to impact domestic market sentiments. Analysts expect the market to remain flat to negative on account of mixed global cues and lack of domestic triggers. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a muted start GIFT Nifty on the NSE IX t...

In an unusual pattern, India’s stock gauge moves in sync with volatility index for days

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[hfe_template id='11223'] [ad_1] In a rare occurrence, India’s benchmark stock gauge and its volatility index have moved in tandem for seven straight days. To some market watchers, that signals traders are less concerned about further declines in large-cap shares. The NSE Nifty 50 Index has lost 14% from its peak in September as investors grew skeptical of the market’s steep valuations, with corporate earnings and economic growth starting to disappoint. In recent days, the India NSE Volatility Index also slid, on falling demand for options betting on moves in the benchmark equity gauge, which comprises mostly India’s heavyweights. “The lack of hedging signifies expectations of more stability in large-cap names,” said Sonam Srivastava, founder and chief executive officer at Wright Research in Mumbai. She added that bigger stocks may fare better should the market fall further, and that her company last week switched to hedges on mid-cap stocks rather than the Nifty 50. ETM...

GIFT Nifty down 40 points; here's the trading setup for today's session

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[hfe_template id='11223'] [ad_1] Domestic markets ended marginally lower in a volatile trade on the weekly expiry day. On the macro front, preliminary release of February-month manufacturing and services PMI of US and India today, will be the key data to watch out for. Analysts expect Nifty to consolidate near its current levels in the absence of any fresh triggers, as it can be seen holding above 22,800-22,900 levels since the past seven trading sessions supported by buying at lower levels. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a negative start GIFT Nifty on the NSE IX traded lower by 37.50 points, or 0.16 per cent, at 22,870.50, signaling that Dalal Street was headed for positive start on Friday. Tech View: "On the lower end, support is placed at 22,800 for Nifty, while resistance is at 23,150. A decisive breakout on either side might trigger a directional move in the market." India VIX: India VIX, which is a measure of the fear in the ...

Why stock market is falling today: Key factors behind today's fall; Sensex declines 600 pts, Nifty below 23,400

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[hfe_template id='11223'] [ad_1] Benchmarks equity indices Sensex and Nifty traded lower on Monday, as global trade concerns weighed on risk sentiment following US President Donald Trump's warning that he would impose new tariffs this week. The BSE Sensex was trading 629 points, or 0.81%, lower at 77,231. The Nifty50 was down 187 points, or 0.79%, trading at 23,372 around 10:50 am. The market capitalisation of all listed companies on BSE dropped by Rs 5.15 lakh crore to Rs 418.78 lakh crore. Why is the stock market falling today? 1) Trump’s tariff warning hits sentiment Trump announced on Friday that he plans to introduce reciprocal tariffs by Monday or Tuesday, escalating tensions in global trade. His move aims to impose tariffs on imports equal to the rates trading partners apply to US exports, adding uncertainty to global markets. 2) Rate cut hopes fade The US President also repeated warnings of imminent tariffs, including on steel and aluminium imports, an inflat...

Nifty today: GIFT Nifty down 180 points; here's the trading setup for today's session

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[hfe_template id='11223'] [ad_1] The elongated trading week, which concluded on the Budget day, brought significant developments as the markets showed a bullish trend, a reversal from the recent weeks. Despite markets remaining open for the Budget, foreign investors' participation was very minimal. Hence, analysts say the actual reaction is likely to be witnessed in a day or two to understand whether the market has really discounted the Budget factor or not. Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a gap-down start GIFT Nifty on the NSE IX traded lower by 181 points, or 0.77 per cent, at 23,386.50, signaling that Dalal Street was headed for gap-down start on Monday. Tech View: The underlying trend of Nifty remains positive and the market is facing stiff resistance around 23,500-23,600 levels. A decisive move above this hurdle could open further upside towards 24,000 levels in the near term. Immediat...

Nifty today: GIFT Nifty up 40 points; here's the trading setup for today's session

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[hfe_template id='11223'] [ad_1] Benchmark indices eked out marginal gains on the weekly expiry day as the recovery in IT majors drove Nifty's rebound. However, analysts recommend not reading too much into this bounce and sticking with a "sell on rise" strategy for the index. "At the same time, stock-specific opportunities remain plentiful across sectors, so participants should focus on maintaining balanced positions on both sides," said Ajit Mishra – SVP, Research, Religare Broking. Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded higher by 39.50 points, or 0.17 per cent, at 23,297, signaling that Dalal Street was headed for positive start on Monday. Tech View: On the upside, immediate resistance is observed at 23,300, followed by a critical hurdle near 23,500. A sustained close above these resistance levels is crucial to negate the preva...

GIFT Nifty down 60 points; here's the trading setup for today's session

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[hfe_template id='11223'] [ad_1] Benchmark indices continued to trade in the positive on Thursday, driven by positive investor sentiment following mild US inflation data, which raised hopes for a potential rate cut by the Fed. On Friday, markets will react to the earnings reports of major index constituents such as Reliance, Infosys, and Axis Bank in early trades. "While recent index movements have lacked clear direction, the resilience of the banking sector, which carries significant weight, is a positive sign. Amid these mixed signals, participants should prioritize selective stock picking and robust risk management strategies," said Ajit Mishra – SVP, Research, Religare Broking. Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a negative start GIFT Nifty on the NSE IX traded lower by 59.5 points, or 0.25 per cent, at 23,319.50, signaling that Dalal Street was headed for negative start on Friday. Tec...

GIFT Nifty down 100 points; here's the trading setup for today's session

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[hfe_template id='11223'] [ad_1] The markets extended their positive momentum for the fourth consecutive week, gaining nearly half a percent amid consolidation. Looking ahead, market participants will closely monitor the Manufacturing and services PMI. However, the key focus will be on the US Fed meeting, where a 25 basis point rate cut is already factored in. Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a negative start GIFT Nifty on the NSE IX traded lower by 98 points, or 0.39 per cent, at 24,780.50, signaling that Dalal Street was headed for negative start on Monday. Tech View: Going forward, the trend is likely to remain strong, with the potential to reach 25,000 and higher in the short term. On the lower end, support is placed at 24,550. India VIX: India VIX, which is a measure of the fear in the markets, fell 1.04% to settle at 13.05 levels. US stocks flat U.S. stocks closed out the trading week nea...