Rupee weakness continued further below 82.75 down by another 18 paisa as dollar index rising above 102.50 kept added pressure on rupee fall as risky assets showed sell off, says Jateen Trivedi, VP Research Analyst at LKP Securities.
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Sensex now down more than 500 points
Morgan Stanley has upgraded India to overweight. India rises from number 6 to number 1 in our process, with relative valuations less extreme than in October, while MS macro, strategist and bottom-up analyst scores reflect MS' Blue Paper thesis on India's Decade.
1st time in India's history, majority of Nifty50 Cos promoters, executive directors not foreign/IITs/IIMs educated
For the first time in India’s history, a majority of the promoters and executive directors of Nifty50 companies are neither foreign educated nor educated at the elite IITs & IIMs, says a research by Marcellus Investment Managers.
Aiming over 50% share in super-premium Indian market with new foldables: Samsung's TM Roh
India is one of the fastest growing and the largest mobile markets in the world and Samsung now aims to reach over 50 per cent market share in the country in the super-premium ($1,000 and above) segment, the company’s mobile chief has said.
Momentum of FPI buying slows down
It appears that the momentum of buying has slowed down and FPIs have turned sellers during the last two trading days, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
The Dow is on pace for its best run in 126 years
The Dow, up 7 per cent for the year, was flat on Thursday after rallying in recent weeks as cooler-than-expected inflation data has investors more optimistic that a soft landing, or no recession, could be in the cards for the economy, CNN reported.
Pre-booking for 'Make in India' foldables begins in India with cool pricing, attractive offers
Samsung on Thursday announced the availability of its next generation of 'Make in India' foldables, Galaxy Watch and new tablets in the country that will go on pre-booking from July 27 (12 noon onwards) across all leading online and offline retail stores with some attractive offers.
Reliance, L&T lead Sensex surge
Globally market participants will be closely watching US Federal Reserve chief Jerome Powell’s comments about the disinflation process in the US and the likely trend in interest rate, says V.K, Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
FPIs sold stocks worth Rs 2,081 cr in last 2 days indicating buying exhaustion
In the last two days, FPIs have sold stocks worth Rs 2,081 crore indicating buying exhaustion, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Twitter sign lettering removed from HQ, police interrupts
"The Twitter name made sense when it was just 140 character messages going back and forth-- like birds tweeting-- but now you can post almost anything, including several hours of video."
Markets see volatility as initial Q1 results below expectations
For investors, the market is buys on dips with a strict stop loss of 19500, and if the Nifty closes below the indicated level, we can expect more profit booking, says Deven Mehata, Equity Research Analyst, Choice Broking.
Diabetes remission possible with controlled diet, exercise: Survey
In a new nationwide survey, it has been found that 71 per cent of doctors believe that Diabetes Remission (DR) -- bringing blood sugars back into the normal range without the aid of medications -- is possible.
How uncontrolled blood sugar is pumping up chronic illness numbers
Diabetes, if not addressed properly, will worsen and cause complications in the form of damage to the heart, blood vessels, eyes, kidneys and nerves, health experts have warned, adding that the blood sugar disease is worsening chronic illnesses.
FPIs invested Rs 43, 804 crore in India in July
FPI flows into India continue unabated in July, too. India is the largest recipient of FPI flows YTD among emerging markets, says V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Sensex sheds 1000 points dragged down by Infosys, HUL, RIL
The substantial cut in the guidance is majorly attributed to lower-than-expected volume and discretionary spends, delays in decision-making and push-outs in anticipated mega deals, the report said.
Infosys leads fall in Indian indices, 2nd most expensive market after US
Barring the US, India is the most expensive market in the world now, Vijayakumar added. At high valuations, some negative triggers can lead to sharp correction. But in the near-term the party may continue.
Nifty likely to cross 20K-mark on Friday
Nifty opened flat on Thursday, but soon gained momentum to close with handsome gains of 146 points at 19,979 levels, said Siddhartha Khemka, Head of Retail Research at Motilal Oswal Financial Services.
Indian indices continue winning run for fifth consecutive session
Indian benchmark indices continued the winning run for the fifth consecutive session on July 19, amid buying across sectors, said Vikram Kasat, Head Advisory, Prabhudas Lilladher.
New all time high of Nifty registered at 19851 points
After witnessing high volatility at the highs on Tuesday, Nifty witnessed choppy movement for mid part and sharp upsurge in the later part of Wednesday and closed the day higher by 83 points, says Nagaraj Shetti, Technical Research Analyst, HDFC Securities
Musk's SpaceX controls 60% share of global launch biz as it eyes India
Elon Musk-run SpaceX now controls 60 per cent share of the global launch business, as he aims to bring Starlink, which uses low-orbit satellites to provide broadband internet connections, to India.
Nifty settles over 19,700 for first time ever
The market traded in positive with the Sensex gaining 0.80 per cent to close at 66589.03, while Nifty was up by 0.75 per cent intraday and closed at 19,711.45 levels, its highest ever, whereas Bank Nifty was up by 1.41 per cent to settle at 45449.75.
Google Play Store sees huge drop in apps amid tough policies
Google's tighter regulating policies have significantly reduced the number of available apps on its Play Store, pushing the total number of apps to the lowest point in years, a report showed on Monday.
‘Sell China, Buy India’ policy of FPIs cannot continue for long
The valuations in China at a PE of 9 is hugely attractive now compared to valuations in India with a PE of around 20 and, therefore, the ‘Sell China, Buy India’ policy of FPIs cannot continue for long, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Sensex at all-time high, closes above 66K
A sharp rally in IT stocks powered the Sensex to close above the 66,000-mark for the first time ever on Friday. IT heavyweights led the rally as the BSE Sensex closed at 66,060, up 502 points.
Domestic institutions selloff putting brakes on market rally
Selling by domestic institutions is emerging as a countervailing force putting brakes on the rally -- this explains the resistance which Nifty is facing at 19,500, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.