Sectorally, the Nifty PSU Bank and the Nifty Metal were the primary laggards, tumbling over 4% due to concerns over high government borrowing and falling global commodity prices. Conversely, IT stocks bucked the trend, gaining nearly 0.6%, following a supportive change in the taxation of share buybacks. Despite the knee-jerk reaction to transaction costs, the…
Nifty 50 climbed 0.29% to settle at 25,416.65, while the S&P BSE Sensex added 222 points to finish at 82,566. This late-session recovery was largely catalyzed by the tabling of the Economic Survey 2025–26, which bolstered optimism ahead of this weekend’s Union Budget. Despite the headline gains, the overall market breadth remained cautious. The advance-decline…
Market breadth remained firmly positive, with the advance-decline ratio significantly favoring the bulls as 1,901 stocks advanced against 2,209 declines in the broader market, though frontline strength was dominant. On the sectoral front, Nifty CPSE (+5%) and Oil & Gas (+3.4%) led the charge, with Bharat Electronics (BEL) zooming 9% on strong sentiment. Conversely, defensive…
Nifty Metal led the charge, surging nearly 3%, with Adani Enterprises and JSW Steel emerging as top performers. The banking sector also provided significant tailwinds, notably from Axis Bank (+5%) following robust quarterly results. On the other hand, Nifty Auto and FMCG faced selling pressure, with Mahindra & Mahindra dragging after profit-booking. Despite the headline…
Early in the week, concerns around the “Greenland Gambit” narrative and fears of a potential Trump-led tariff shock further weighed on investor confidence, keeping markets under sustained pressure. Two stock recommendations by MarketSmith India: Buy: Hindustan Unilever Ltd (current price: ₹2,400) Why it’s recommended: Market leader in FMCG with a strong brand portfolio, consistent cash…
Nifty 50 advanced 0.53% to settle at 25,289.90, while Sensex climbed nearly 400 points, fueled by a sharp de-escalation in global trade concerns. Market breadth was decisively positive, recording a strong overall advance-decline ratio of 2,344 stocks advancing against 849 declines. Nifty Media (+2.39%) and PSU Banks (+2.34%) were the major gainers, alongside healthy buying…
The Sensex fell 271 points, or 0.33%, to end at 81,909.63, while the Nifty 50 settled at 25,157.50, down 75 points, or 0.30%. The BSE Midcap and Smallcap indices lost 1% and 0.80%, respectively. Investors lost about ₹2 trillion in a single session as the market capitalization of BSE-listed firms dropped to ₹454 billion from…
A day after falling by 0.40% each, the Sensex fell over 1,200 points, or 1.5% to an intraday low of 82,010.58 on Tuesday, while the Nifty 50 breached 25,200 on the downside, falling to 25,171.35 in intraday trade. The Sensex finally closed 1,066 points, or 1.28%, down at 82,180.47, while the Nifty 50 closed at…
The Sensex dropped 324 points, or 0.39%, to end at 83,246.18, while the Nifty 50 closed at 25,585.50, losing 109 points, or 0.42%. The BSE Midcap index fell 0.43%, while the Smallcap index suffered a loss of 1.28%. Investors lost ₹2 trillion in a day as the overall market capitalization of BSE-listed firms dropped to…
Nifty 50 gained 28.75 points (0.11%) to settle at 25,694.35, while Sensex climbed 187.64 points (0.23%) to close at 83,570.35. Despite a strong start fueled by a 5.6% surge in Infosys and optimistic revenue guidance, mid-session profit booking in heavyweights like Cipla and Jio Financial trimmed the initial gains. Market breadth remained cautious as the…
