Use the market crash to buy dips, diversify portfolio | Business Standard News

According to analysts, the end of the calendar year is always a good time to do a thorough check of your financial portfolio as the holiday season in overseas market always creates a volatile period back home. Overall a combination of active management, multi-asset strategies, and asset allocation is likely to provide better outcomes in […]

Sensex sheds 1190pts, Nifty ends near 16600; financials, Tata Steel tank – Business Standard

“The current sell-off is due to rapid rise in FIIs selling that has been triggered by hawkish world central banks’ policy, cautious view on Indian market due to high valuation compared to peers and a drop in retail inflows. After a gap-down start, the BSE Sensex dropped 1,089 points at 55,923 levels while the Nifty50 […]

Omicron scare, FPI sell-off: Here’s what spooked the markets on Monday – Business Standard

There was a bloodbath on Dalal Street on Monday as multiple headwinds hit global and domestic investors alike. In intra-day deals, the 30-pack Sensex index plunged over 1,800 points to hit a multi-month low of 55,132. Retail investors can use the corrections to buy high quality stocks, particularly financials, whose valuations have become attractive,” said […]

FIIs, global cues, Omicron trends will drive markets this week: Analysts | Business Standard News

“In absence of any major event, global cues will dictate our market trend. Yesha Shah, Head of Equity Research, Samco Securities said, “In the absence of major domestic events, market will seek indications from global indices and macroeconomic data, such as the US GDP growth rate, to decide its movement. Business Standard has always strived […]

Ex-US First Lady Melania Trump enters crypto market, announces NFT venture – Business Standard

Melania Trump will release NFTs in regular intervals on her website, according to a news release, with a portion of the proceeds going to foster children. Non-fungible tokens are essentially digital certificates of authenticity that can be attached to art, music or any other type of digital file. Digital cat characters were selling for six-figure […]

Shell & EKI Energy Services launch joint venture for carbon credit | Business Standard News

Explaining the focus areas of this JV, Manish Dabkara, chairman and managing director and chief executive officer at EKI Energy Services, told Business Standard: “We would be putting nature-based solution projects on the ground. A carbon credit is a certificate signifying that one tonne of carbon dioxide emission has been reduced from the atmosphere. The […]

MARKETS: Sensex off day’s low, still down 550 pts; Nifty regains 17050

Stocks across the board, barring the IT sector, witnessed significant selling pressure in trades on Friday as unwinding of global stimulus packages dented sentiment. The BSE Sensex tanked to a low of 56,951, and evenutally settled with a heavy loss of 889 points at 57,012. Index heavyweight Reliance Industries plunged 2.6 per cent to Rs […]

HDFC AMC, Aditya Birla Sun Life AMC hit 52-week lows in a firm market – Business Standard

Shares of Aditya Birla Sun Life, meanwhile, were down 1 per cent to Rs 569 in the intra-day trade. In addition, insurance products such as unit-linked investment products, which provide dual benefits of protection and long-term savings, are competing for market share,” HDFC Securities had said in an IPO note. Business Standard has always strived […]

Market outlook 2022: Brokerages remain upbeat; see Sensex at new high – Business Standard

Though they rule out the easy money making phase that was backed by liquidity from most central banks, they believe the returns from the market in 2022 will track growth in corporate earnings. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have […]

Partial recovery! Sensex ends 166pts down; ITC slips 3%, PowerGrid gains 4% – Business Standard

The BSE Sensex after touching a low of 57,804, rebounded into the positive for brief while and registered the day’s high at 58,322. The overall breadth was marginally positive, with 1,782 advancing shares versus 1,519 declining stocks on the BSE. The stock touched a high and low of Rs 615 and Rs 566, respectively, before […]

Sensex sheds 503pts, Nifty ends at 17368; financials slip, Tega jumps 60% – Business Standard

The BSE Sensex had touched a high of 59,203, and was up 265 points at 59,052. The uneven nature of the recovery has also resulted in scarring effects, hurting the consumption of lower income households, while a sustained capex upcycle is not yet in sight,” said analyts at Nomura in a recent note. Axis Bank, […]

Inflation trend, US Fed rate decision to set course for Indian equities | Business Standard News

“The Nifty has bounced up from intra day lows and closed towards the day and week high. Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Even during these difficult times […]

Sensex gallops 1016pts on status-quo RBI policy; Nifty ends above 17450 – Business Standard

LIVE market updates: The BSE Sensex and the Nifty50 indices were holding their across-the-board gains post the Reserve Bank of India’s monetary policy outcome where the central bank maintained key interest rates to support economic growth. While the RBI is likely to continue remaining behind the curve for now, the upside risks on inflation make […]

Bitcoin plunges over 20% in another sign of global market nerves | Business Standard News

But it’s still up more than 60% this year, a return that exceeds many other assets — and El Salvador’s President Nayib Bukele said the country had again bought the dip, adding 150 coins. “As usual, since crypto traders deploy leverage it results in cascading sell orders and liquidations,” said Antoni Trenchev, co-founder of crypto […]