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Indian stock market: 10 key things that changed for market overnight - Gift Nifty, US-Iran war, gold rate to oil prices
Gift Nifty was trading around 23,177 level, a premium of nearly 122 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.
Ahead of Market: 10 things that will decide stock market action on Friday
Indian markets tumbled sharply as rising crude oil prices and the Fed’s cautious rate outlook dented sentiment. Nifty and Sensex saw steep declines, volatility spiked, and technical indicators signaled further downside risk with bearish momentum dominating near-term market direction.
Market Trading Guide: Buy ACME Solar and Ather Energy on Friday for gains up to 14%
Nifty tumbled amid surging crude oil prices and the Fed’s cautious rate outlook, with technical indicators signaling bearish momentum. Analysts warn of further downside below 23,000, while select stocks like ACME Solar and Ather Energy show bullish breakout potential.
Stock Market Highlights: Rs 12 Trillion Wiped Out Today As Sensex Crashes 2,400 Points - NDTV
Stock Market Highlights: Rs 12 Trillion Wiped Out Today As Sensex Crashes 2,400 PointsNDTVStock market crash erases Rs 11 lakh crore investors’ wealth! Sensex ends around 2,500 points down - topThe Times of IndiaIndian stock market: 10 key things that changed for market overnight - Gift Nifty, US-Iran war, gold rate to oil pricesMintWhy Indian Stock Market is FallingEquitymasterSensex ends 2,500 points lower: What's behind today's stock market crash?India TodaySensex Today | Nifty 50 | Stock Market Live Updates: Sensex crashes over 2,200 points in pre-opening sess...The Economic TimesSensex Today | Stock Market Highlights: Sensex crashes 2,500 pts, Nifty ends down 3.3% at 23,000; auto, banks lead routMoneycontrol.comInvestors lose Rs 9 lakh crore in 1 session. What caused stock market to tank?FirstpostSensex Today | Highlights: Markets crash to 11-month low; Nifty struggles around 23,000, Sensex plunges 2,500 pointsThe Financial Express
GIFT Nifty Falls Nearly 3% After US Fed Rate Decision, Iran's Warning Of Attack On Gulf Oil Facilities
GIFT Nifty as of 1:32 a.m. was trading at 23,192.50, down 2.55% or 597 points, slipping near the 23,200 mark.
INR settles at new lifetime low as soaring oil prices dampen sentiments
The Indian rupee declined 14 paise to settle at an all-time low of 92.42 (provisional) against the US dollar on Tuesday, pressured by rising crude oil prices and sustained outflow of foreign funds amid the West Asia crisis. A positive trend in domestic equity markets also helped the domestic currency at the lower level, even as investors remained watchful of the US Federal Reserve's interest rate decision. Indian stock markets closed significantly higher for the second consecutive session, driven by gains in auto and metal sectors despite volatility. The Sensex jumped 568 points (0.75%) to close at 76,071, while the Nifty 50 added over 172 points (0.74%) to end at 23,581, rebounding after recent sharp losses. At the interbank foreign exchange, the local unit opened at 92.35 and hit the lowest intra-day level of 92.47 against the greenback. The unit finally ended at a new lifetime low of 92.42.
US-Iran war impact: Global brokerages Citi, Nomura slash Nifty 50 December-end targets as Middle East tensions weigh
Middle East conflict prompts Citi and Nomura to cut India's Nifty 50 annual targets amid rising risks to growth and corporate earnings from surging oil prices.
Citi cuts Nifty's target to 27,000 on earnings, macro risks from raging Iran war
Citi Research has lowered its year-end Nifty 50 target to 27,000, citing escalating Middle East war risks impacting India's growth and corporate earnings. Surging oil and supply shocks are worsening the economic outlook, with potential disruptions to LPG, LNG, fertilizers, and petrochemicals. The brokerage also downgraded the auto sector to 'neutral' due to price spikes and potential semiconductor issues.
Indian stock market: 10 things that changed for market over weekend - Gift Nifty, US-Iran war, oil crises to gold rate - Mint
Indian stock market: 10 things that changed for market over weekend - Gift Nifty, US-Iran war, oil crises to gold rateMint
Fed may still cut rates if labour market weakens despite oil shock: Citi
Drew Pettit, Director-US Equity Strategy, ETF Analysis & Strategy Research at Citi, says the bullish case for US equities remains intact as secular growth trends continue to support earnings, with Citi’s street-high $320 EPS estimate possibly conservative. However, sustained high interest rates and elevated oil prices could challenge valuations. Citi believes the Fed may still cut rates if labour markets weaken. In a bear scenario, earnings could fall to $300. He adds India remains neutral amid valuation concerns.
US-Iran war, high crude oil prices could shave off as much as 4% from Nifty earnings: Somil Mehta, Mirae Asset Sharekhan
Expert view: Higher energy costs increase input expenses for several sectors, which could pressure margins and reduce overall earnings growth across companies in the Nifty index, said Somil Mehta, Mirae Asset Sharekhan.
Goldman Sachs sees Nifty at 29,300 in the next 12 months
Goldman Sachs Chief Global Strategist Peter Oppenheimer says strong earnings growth and a supportive domestic macro environment could support Indian markets although geopolitical tensions and rising oil prices may create short-term volatility. While high valuations globally might cause market corrections, he does not expect a prolonged bear market.