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Searched Tag: foreign investors

Benchmark equity indices Sensex and Nifty soared to new lifetime peaks in early trade on Wednesday, buoyed by firm global market trends, robust buying in bank stocks, and significant foreign fund inflows.

Sensex, Nifty reach new peaks on bank stock buys

June 19, 2024, 12:00 PM - 2 min read

Leading the gains among the 30 Sensex companies were IndusInd Bank, ICICI Bank, JSW Steel, Axis Bank, Kotak Mahindra Bank, Infosys, Tata Consultancy Services, and HDFC Bank. Conversely, Titan, NTPC, Power Grid, and Bajaj Finance were among the few laggards.

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Equity markets are expected to experience a gradual upward movement this week, accompanied by some volatility, as the election and earnings seasons approach their conclusion, according to analysts.

Analysts: Elections will sway market sentiment

May 26, 2024, 11:09 AM - 2 min read

Global trends and the trading activity of foreign investors will be significant in shaping investor sentiment. Benchmark indices, which saw a record-breaking rally last week, will also be influenced by global oil benchmark Brent crude and the rupee-dollar trend. The monthly derivatives expiry on Thursday is likely to add to the market volatility.

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