GAGA Share Market News

[hfe_template id='11223'] [ad_1] Benchmark Nifty 50 ended over 1.5% higher on Tuesday, rebounding from the previous session's sharp selloff, as bargain hunting and a broader recovery across Asia lifted sentiment amid hopes of U.S. tariff negotiations. The rally also comes ahead of the Reserve Bank of India’s policy decision on April 9, with expectations of a 25 basis point rate cut. The Nifty surged 375 points, or 1.69%, to close at 22,535, while the Sensex rose 1,089 points, or 1.49%, to end at 74,227. During the session, the Sensex had climbed over 1,700 points. The total market capitalisation of BSE-listed firms jumped by Rs 7.46 lakh crore to Rs 396.71 lakh crore. Among sectors, the Nifty PSU Bank index gained 2.6%, while Finance, Realty, Oil & Gas, and Consumer Durables rose over 2%. Nifty Auto, IT, Metal, and Pharma added 1–2%. In the broader market, the Nifty Midcap 100 and Smallcap 100 climbed more than 2% each. Meanwhile, India VIX, the volatility index,...

[hfe_template id='11223'] [ad_1] Foreign Institutional Investors (FIIs) have maintained a consistent selling trend in the Indian equity markets throughout January, being net sellers on almost every trading day this month, with total equity sales in the cash market reaching Rs 66,602 crore as of January 24th. The data has been procured from the National Securities Depository Limited (NSDL). “The sustained strengthening of the dollar and rise in US bond yields have been the principal factors driving the FII selling," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, attributing this sustained selling to macroeconomic factors. The strategic analyst further highlighted that the selling trend is likely to persist as long as two key global financial indicators remain elevated. "So long as the dollar index remains above 108 and the 10-year US bond yield remains above 4.5%, the selling is expected to continue," Vijayakumar noted. The ...