ADB said the moderation in growth is on account of heightened global uncertainty due to the West Asia conflict, higher energy prices and volatile trade and financial conditions. The Asian Development Bank (ADB) projects India’s gross domestic product growth will ease to 6.9% in the current fiscal year from 7.6% in the previous year before…
In the immediate term, the 23,500–23,600 zone is expected to act as key resistance for the Nifty 50. However, support is placed around the 23,000 zone, according to experts. The Nifty 50 continued to build on the previous day’s momentum, rising 1.7 percent on March 25 and soaring 3.7 percent from the recent swing…
Sensex, Nifty rebounded following a media report claiming Mojtaba Khamenei has agreed to negotiate with the US; however, there is no official confirmation from Iran yet. The equity benchmark indices Sensex and Nifty rebounded by more than 2 percent on Tuesday, on media report from Al Arabiya claiming Mojtaba Khamenei has agreed to negotiate…
Nifty’s historical chart shows presence of an unfilled gap around the 20,300 level formed in December 2023; here is what tech analysts have to say. The NSE Nifty 50 index plunged 2.08 per cent or 480 points to 22,635 – its lowest point since April 7, 2025 amid a global market sell-off after US…
The brokerage said the key uncertainty is whether the impact remains limited to the near term or evolves into a broader earnings downgrade cycle. It noted that during the first Covid wave, auto OEM stocks corrected 30–45 percent over a 40-day period, indicating that a further 15 percent decline from current levels cannot be ruled…
However, at current levels, MOFSL, CDSL, KFIN Technologies, Nuvama Wealth Management, CAMS and Angel One quote up to 26 to 36 per cent lower when compared to their respective 52-week highs. Nifty Capital Market index movement today Shares of capital market related companies like stock broking, asset management companies (AMCs), and depositories clearing houses…
Stock market crash: India VIX, the fear gauge index, spiked nearly 9 per cent to go past 20, indicating elevated uncertainty among traders and investors Benchmark indices Sensex and Nifty fell on Wednesday after a day’s breather amid the ongoing tensions in West Asia and sustained foreign fund outflows. The BSE Sensex opened on a…
Amendments allow up to 10 percent non-controlling beneficial ownership under automatic route; aim to boost manufacturing, deep-tech investment The Union Cabinet has approved changes to India’s foreign direct investment (FDI) policy governing investments from countries that share a land border with India, introducing clearer rules on beneficial ownership and a defined timeline for approvals…
Historically, said Axis Securities, periods of sharp crude oil price increases have triggered inflation spikes, rupee depreciation, and pressure on oil-dependent sectors, while benefiting upstream energy companies. Axis Securities on Monday said crude oil cycles often create sector rotation opportunities, making portfolio positioning critical. It cited past oil shocks, including the global financial crisis (GFC)…