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Nifty April futures trade at premium
HDFC Bank, Reliance Industries and Trent were top traded contracts
Where are the Indian markets headed? Here's a bull case Vs bear case scenario
Brokerages remain divided on India’s market outlook amid global uncertainties. Jefferies, ICICI Prudential AMC and 3P Investment Managers are positive on India, driven by improved valuations, limited earnings downside and supportive domestic flows. They highlight attractive Nifty valuations, favourable allocation signals and recent market correction as key reasons to increase exposure, with a preference for sectors like banks and pharma and a gradual approach to adding equities. On the other hand, Nomura, Goldman Sachs and UBS remain cautious, citing rising oil prices, weak foreign flows and global risks that could weigh on growth and market returns in the near term.
Nifty Bank logs 3rd-worst March fall since the global financial crisis. HDFC Bank, SBI among top culprits
Nifty Bank posted its third-worst March in two decades, falling around 12%, with PSU and private banks under pressure. Heavy FII outflows, global macro headwinds, rising oil prices and geopolitical tensions have intensified the correction. Major constituents like HDFC Bank and ICICI Bank have significantly dragged the index lower.
Fed to stay cautious on rate cuts with inflation still in focus, says William Lee
William Lee, Chief Economist and MD at Global Economic Advisors, says markets are grappling with repeated supply shocks—from Covid to wars—yet global growth, especially in the US, has remained resilient. However, rising uncertainty and energy disruptions risk diverting capital into safer assets such as treasuries, thereby hindering long-term growth. He notes political pressure in the US may push for a quicker resolution, while the Fed is likely to prioritise inflation control over rate cuts.
Electric mobility stocks led by JBM Auto surge up to 14% on strong volumes
JBM Auto's shares are also the third-most traded on the Nifty 500 currently, behind HDFC Bank and Eternal.
Stock to buy: Why HDFC Bank is a must-have stock in your portfolio? Explained
HDFC Bank is highlighted as a reliable long-term investment, demonstrating consistent returns over the years. Despite recent declines due to global factors, brokerages maintain strong ratings and positive growth expectations, making it an attractive option for investors.
Sensex, Nifty get a breather; broader markets remain under pressure
Benchmark indices rose over 1% after last week's steep fall, led by HDFC Bank, ICICI Bank and Reliance Industries, but broader markets stayed weak amid rising crude prices and global tensions
Sensex's 1,800 point intraday surge powered by fantastic four: HDFC Bank, RIL, SBI and ICICI Bank
Indian stock markets experienced a strong rebound today. The Sensex surged over 900 points, while the Nifty also saw significant gains. This recovery was largely driven by major banking and financial stocks. Experts suggest this was a short-covering rally after a sharp correction. While markets showed resilience, volatility remains a concern. Investors are watching key levels for future direction.
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.
Vinay Rajani of HDFC Sec suggests Hero MotoCorp, Oberoi Realty shares to sell in the near-term
The Nifty 50 and Sensex rose on March 16, recovering from a challenging week. However, high crude oil prices amid geopolitical tensions are causing investor caution. Nifty 50 has seen a significant decline recently, raising concerns about future economic stability and investor confidence.
Global Market: Energy market turmoil forces policymakers to reassess inflation outlook
Global financial markets are shaken by the Middle East war. Energy prices are soaring, reviving inflation fears. Central banks worldwide are meeting to decide their next moves. Policymakers face a tough challenge balancing economic growth with rising inflation. Investors are watching closely for signals on future interest rate policies.
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.