Tag: cues from global markets

The Indian benchmark indices kicked off the week on an upbeat note amid mixed cues from global markets. The Sensex was up 350 points at 59,123. The Nifty, meanwhile, was up 100 points at 17,634. Top gainers on the 50-pack index include Divi's Lab, Tata Motors, M&M, and NTPC. Grasin, JSW Steel, Eicher Motors, and Nestle India remain top laggards. The broader indices, too, opened in the positive territory with the Nifty Midcap 100 up 0.7 percent and the Smallcap 100 0.09 percent. The volatility indicator-India VIX-rose by 1.6 percent at 17.48 level.

The Indian benchmark indices today (14th Sept.2021) opened for trade on a firm note amid strong cues from global markets and hopes of continuity in easy RBI money policy following the latest inflation print. The BSE Sensex was up 192 points at 58,370 in the opening session while Nifty was up 50 points at 17,400. Sectorally, all indices gained with Nifty Media leading, up over 4.5 percent. The realty, financial, and pharma sectors also gained traction. The broader markets outperformed as both BSE Midcap and Smallcap indices added over 0.6 percent each. Read more

Taking cues from global markets, the Indian benchmark indices have declined over 2 percent from recent peaks while the Nifty Bank index has tumbled over 5.50 percent from its peak. Today(21st June 2021), the Indian benchmark indices clawed their way out of the early lows but were still trading half a percent down. The weakness, however, can be seen as an opportunity by investors as major medium-term supports are not broken, technical charts suggest. Here are some stocks showing positive momentum. Read more