The IT sector is on the cusp of a major transition, which could be painful. Investors should stay away from the sector for some quarters to see how the sector evolves, said Karan Aggarwal, co-founder and CIO of Ametra PMS- a quant-based PMS and portfolio manager- in an interview with Mint. “We would advise investors…
Stock market today: The domestic benchmark indexes, Nifty 50 and Sensex, saw slight gains in early trading on Thursday, driven by IT stocks as strong earnings from Nvidia helped boost Asian tech stocks and enhanced market sentiment, although analysts predict that risk appetite may remain low due to a lack of domestic catalysts. As of…
Stocks to buy for the short term: The domestic market ended with modest gains on Wednesday, February 26, on profit booking at higher levels. The Sensex ended at 82,276.07, up 50 points, or 0.06%, while the Nifty 50 settled 58 points, or 0.23%, higher at 25,482.50. According to Amol Athawale, VP – Technical Research at…
Stock market today: The domestic benchmark indices rebounded on Wednesday, February 25 during the initial trading session as stocks bounced back from being oversold and alleviated worries surrounding artificial intelligence (AI), although uncertainty persists due to international events. The Nifty 50 index started at 25,512.60, gaining 87.95 points or 0.35%, while the BSE Sensex opened…
Stock market today: On Friday, the domestic benchmark indices remained largely unchanged after a significant decline the day before. This stability occurs against the backdrop of rising oil prices, which have reached a six-month high due to escalating tensions between the US and Iran—an important concern for India as a net energy importer. As of…
Stock market today: The domestic benchmark indices, Nifty 50 and Sensex, opened higher on Thursday, buoyed by optimism surrounding an improving earnings outlook. The Nifty 50 rose by 0.21% to 25,873.35, and the Sensex increased by 0.28% to 83,969.82, as of 9:15 IST. In the last three sessions, both indices have climbed approximately 1.4%, with…
Stock market today: The domestic benchmark indices began the day on a negative note on Friday, following a drop in Wall Street and Asian markets, with technology shares plummeting by as much as 5%, deepening their losses amid worries about disruption from artificial intelligence within the sector. The Nifty 50 dropped 1.10% to 25,523. 75,…
Stock market today: The domestic benchmark indices, Nifty 50 and Sensex, began the trading day unchanged on Friday, as investors awaited the central bank’s policy announcement, seeking clarity on growth and liquidity amid predictions of a pause in interest rates. As of 9:18 IST, the Nifty 50 dipped 0.07% to 25,626.2, while the BSE Sensex…
Stock market today: The domestic benchmark indices, Nifty 50 and Sensex, entered a consolidation phase on Thursday, with the indices opening nearly unchanged, while IT stocks faced downward pressure and silver prices dropped significantly. Investor caution followed the recent upswing prompted by the India-US agreement, amid emerging concerns affecting certain sectors. The Nifty 50 index…
Stock market today: Domestic stock indices began the day on a positive note on Thursday, as investor sentiment strengthened following US President Donald Trump’s decision to retract tariff threats against European countries, referencing a preliminary agreement regarding Greenland. Encouraging signals from global markets, combined with hopes of a possible trade agreement between India and the…
