Nifty
High inflation can be political hot potato in election year forcing govt to slow down capex: Analysts
Nifty has given more than 14 per cent return in FY24 Year to date as India attracted more than $16.5 billion of net FII flows.
Nifty ends higher on buying in metals, power & IT stocks
At close, Nifty was up 0.43 per cent or 83.5 points at 19,393.6. Volumes on the NSE fell sharply compared to the recent average.
Nifty declines for fourth consecutive week
The index dropped to the lowest closing level since June 30, said Devarsh Vakil, Deputy Head of Retail Research at HDFC Securities.
Nifty ends in green after recovering sharply
At close, Nifty was up 0.06 per cent or 12.4 points at 19,446.9, while the BSE Sensex climbed 137.50 points or 0.21 per cent to settle at 65,539.42.
Market consolidating at higher levels in absence of any positive trigger
Domestic equities had weak handover from its global peers as high US inflation and mounting trouble in China's real estate market dented the sentiments. Even on the domestic front, IIP data came at 3 months low.
Market construct turns negative with spike in dollar index
The Bank Nifty has been a pressure point for the markets during the last several trading days. The RBI decision to raise the CRR of banks to neutralise the excess liquidity created by the withdrawal of Rs 2000 notes has added to the negative sentiments in the banking sector, he said.
Except for PSU bank and consumer durables, all sectors end in red
Nifty witnessed selling pressure for the second consecutive day to close with a loss of 115 points (-0.6 per cent) at 19,428, while Sensex fell 365.53 points (-0.56 per cent) to 65,322.65
Nifty down for third consecutive week
He said that on Wednesday, Nifty built on the weakness from the previous session.
Nifty selloff after RBI hawkish commentary
Though RBI kept its Repo rate status quo unchanged at 6.5 per cent, it revised the inflation estimates for FY24 upwards to 5.4 per cent and imposed an incremental CRR of 10 per cent in near term.
RBI sucks out over Rs 1 trillion liquidity, banks to be affected
Post this announcement, Bank Nifty slipped into weakness.
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