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Why is market rising today? Sensex rallies 900 pts, Nifty above 24,050. 6 key factors driving D-St rebound
Indian stock markets experienced a significant upswing on Wednesday, with both the Sensex and Nifty registering robust gains. This positive momentum was fueled by a more optimistic investor outlook, following the RBI Governor's indication that further interest rate increases might not be necessary. A recovery in South Korean stocks and other favorable international market trends also contributed to the buoyant trading session.
AI earnings momentum still intact, Citi raises S&P 500 target to 8,100
Drew Pettit, Director-US Equity Strategy/ETF Analysis & Strategy Research at Citi expects Brent crude prices to trend lower, while cautioning that a more hawkish Federal Reserve could offset some of the benefits. He also argues that today's market exuberance, though elevated, is still far from the extremes seen in 1999.
Reliance Industries among 5 Nifty stocks showing bullish RSI upswing
Five stocks in the Nifty50 pack featured in the RSI Trending Up scan on June 22 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.
Sensex jumps over 400 pts, Nifty above 24,100; IT stocks lead gains
Indian stock markets rebounded strongly on Monday, with Sensex and Nifty posting significant gains after Friday's dip. Tech stocks led the charge, while broader market indices also climbed. Despite Middle East tensions, Brent crude prices remained below $80, suggesting a potential de-escalation. Analysts remain optimistic, citing rupee appreciation and expected capital inflows as supportive factors for continued market momentum, particularly in mid and small-cap segments.
Easing West Asia tensions boost IPO activity, 3 issues to open next week
The primary market is showing signs of revival as improving geopolitical conditions in West Asia have boosted investor sentiment, prompting three mainboard IPO launches next week and paving the way for more public issues in the pipeline. Cordelia Cruises operator Waterways Leisure Tourism, Jaipur-based jewellery manufacturer Advit Jewels, and IT solutions provider CSM Technologies will launch their maiden public issues over the next few days, while packaging solutions provider Knack Packaging is expected to announce its price band. Quick commerce unicorn Zepto is looking to raise over Rs 10,000 crore, and the country's largest fund house, SBI Mutual Fund, plans to launch its Rs 13,000-crore public issue next month, according to people familiar with the development. In June, CMR Green Technologies and Hexagon Nutrition have already launched their IPOs, while the public issue of insurtech unicorn Turtlemint Fintech Solutions is currently underway. Adding to the momentum, the National
Will Nifty hit 25,000 this month? Key levels to watch in the week ahead
Nifty eyes a potential up move, with immediate targets at 24,300–24,600, though a dash to 25,000 this month appears uncertain. The IT index remains technically weak, while the defence index shows strong momentum, hitting a 52-week high. Experts recommend buying Radico Khaitan and Redington, citing bullish continuation setups and recovery signs respectively.
Sun Pharmaceutical among 5 Nifty stocks showing bullish RSI upswing
Five Nifty50 stocks featured in the RSI Trending Up scan on June 17 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups.
Defence shares gain momentum on strong production and growth outlook
Indian defence stocks surged as the government announced a record ₹1.78 lakh crore in defence production for fiscal 2026, a 15.6% increase from the previous year. This growth, driven by policy push and rising global demand, has led to a strong rally in defence companies and the Nifty Defence Index, which is up 23% year-to-date.
Defence stocks, heavyweights push markets higher: Why Sensex and Nifty rose on June 17
Bharti Airtel, SBI, Infosys and Reliance Industries were the biggest contributors to the Nifty's gains, helping the benchmark index remain firmly in positive territory through the session.
Markets poised for a cautious start as GIFT Nifty ticks higher
Indian markets continued their upward trend on Tuesday. The Nifty closed at 23,989. Analysts anticipate this positive momentum to persist. Improved geopolitical situations, increased foreign investor interest, and falling crude oil prices are driving the market. A potential US-Iran peace agreement is boosting global sentiment. The India VIX, a fear index, saw a decline.
SBI Cards & Payment Services Ltd rises for third straight session
SBI Cards & Payment Services Ltd is quoting at Rs 613.75, up 2.14% on the day as on 12:49 IST on the NSE. The stock is down 38.07% in last one year as compared to a 3.7% slide in NIFTY and a 0.29% slide in the Nifty Financial Services index.
Stock Market Today Live, June 16: Sensex, Nifty open higher as lower crude prices boost market sentiment - BusinessLine
Stock Market Today Live, June 16: Sensex, Nifty open higher as lower crude prices boost market sentimentBusinessLineSensex Today | Stock Market Live: Nifty above 23,900, Sensex up 300 pts; HCL Tech, SBI, Bajaj twins, L&T top gainersMoneycontrol.com7 Reasons Why Indian Stock Market is Rising TodayEquitymasterNifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 16 JuneMintClosing Bell: Sensex jumps 736 pts, Nifty closes above 23,800 on US-Iran peace deal announcementMoneycontrol.comSensex Today Rallies 737 Points | Nifty Above 23,850 | 4 Reasons Why Indian Share Markets Are RisingEquitymasterSensex Today Rallies 1,035 Points | Nifty Above 23,900 | Bajaj Finance & Asian Paints Top GainersEquitymasterStock market today: Sensex jumps over 1,100 points, Nifty 50 above 23,950 on US-Iran peace deal optimism. Outlook ahead?MintNifty 50, Sensex prediction today: Check how Indian stock market is expected to trade on 15 JuneMint