Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Global markets entering change of eras, but India ticking boxes for FII return: Mirae's Swarup Mohanty
Structural shifts in the dollar, oil markets and global geopolitics are reshaping investor sentiment, says Mirae Asset’s Swarup Mohanty. But improving earnings, stabilizing currency and strong growth could set the stage for foreign investors to return to India.
Mirae Asset merges Sharekhan lending unit to consolidate NBFC operations
Mirae Asset Financial Services (India) merged with Mirae Asset Sharekhan Financial Services on March 11, enhancing their digital retail and high-value secured lending solutions.
INR recovers from record lows but settles beyond 92/$ mark
The Indian rupee recovered from record low levels and settled with a loss of 16 paise at 92.17 (provisional) against the US dollar on Thursday as global crude oil prices stayed on an upward trajectory amid the raging war in West Asia. A stronger greenback and volatility in the domestic equity markets further weighed on the rupee, which was already on a weak footing in early trade due to heavy foreign fund outflows. Indian shares fell sharply on Thursday to extend losses from the previous session as the prospect of a quick end to the war in West Asia thinned and trade tensions resurfaced. At close, the Sensex declined 829.29 points, or 1.08 per cent, to settle at 76,034.42, taking its two-day decline to 2,171.56 points. While the Nifty slipped 227.70 points, or 0.95 per cent, to close at 23,639.15, it slipped 2.56% in two sessions. At the interbank foreign exchange, the local unit opened at 92.25 but kept slipping to touch its record intra-day low against the greenback at 92.36. ...
AlphaGrep gets Sebi approval to launch mutual fund business
AlphaGrep has received approval from Sebi to launch its mutual fund business, aiming to provide retail investors with access to sophisticated investment tools.
Trade Setup for March 2: Nifty braces for Monday chaos after US, Israel attack Iran
Before the markets open here in India, the bigger reaction will be seen on other asset classes beyond equities. Crude oil prices, Gold prices, moves on the US Dollar, the Yen, all of which will be significant and keenly monitored by the street. In fact, Barclays has already written in a note to clients that oil prices could go up to as high as $100 per barrel.
LIVE: Oil Below $80 | Accenture Misses Estimates | IT Stocks In Focus | Opening Bell
Global markets rebound sharply as US equities recover from Wednesday's sell-off. The Nasdaq surged nearly 2%, led by chip stocks, while Intel jumped 10% after President Trump announced a partnership with Apple on chip designs. Meanwhile, Accenture's earnings and guidance came in below expectations, putting IT stocks in focus. Oil prices remain below $80 a barrel, US bond yields stay elevated, and the dollar index hits a one-year high. Back home, Indian markets closed higher for the fifth consecutive session, with Nifty ending above 24,150. Will the momentum continue? Catch Surabhi Upadhyay in conversation with market experts as they decode all the key global and domestic market triggers ahead of the opening bell.
Taking Stock: Markets extend gains; Sensex rallies 579 pts, Nifty closes above 24,150
The Indian rupee erased all its opening gains and ended lower by 15 paise at 95.39 against the US dollar on Thursday, compared with the previous close of 95.24.