'Bullish trends dominant in run up month to Budget'
The BSE Sensex corrected sharply by 7.5 percent in 2016 in the one-month run-up to the budget that year, reports citing markets data said. In 2013, the benchmark had fallen 6.2 per cent, while in 2012, it had slid by 3.8 per cent.
India's guard rails against recession continue to be strong
In such a scenario, it was just not possible to expect global markets to perform. They too were under pressure. Dow Jones lost 3,425.86 points or 9.43 per cent to close at 32,912.44 points. NASDAQ was indeed very weak and lost 5,178.52 points or 33.10 per cent to close at 10,466.48 points. Looking at what happened in the US, India is clearly an outperformer.
Market: 2023 begins on a cautious note
Coming to the week gone by, we saw markets rally and close the last week on a positive note. On the last day however, they gained at open but closed on selling pressure at the end and ended with losses. BSESENSEX gained 995.45 points or 1.66 per cent to close at 60,840.74 points while NIFTY gained 298.50 points or 1.68 per cent to close at 18,105.30 points.
Global cybersecurity market grows 16% to reach $17.8 bn in Q3
Cisco was the second-largest cybersecurity vendor, with growth of 16.7 per cent and a flat market share of 6.9 per cent. Fortinet placed third, achieving growth of 29.9 per cent to reach a 6.7 per cent market share, up from 6 per cent a year ago, according to market research firm Canalys. Endpoint security was the fastest-growing category, up 18.7 per cent year on year at $2.7 billion.
Trend seems to have reversed
On Friday, one failed to understand the colour of festivities associated with Christmas Red, which was there all over Dalal Street, but it was blood on the streets. Markets fell a massive 980 points on BSESENSEX and 320 points on NIFTY. Surprising was the fact that there was no indication of this kind of carnage anywhere else in the world.
Momentum in markets is setting in
BSESENSEX gained 574.86 points or 0.92 per cent to close at 62,868.50 points while NIFTY gained 183.35 points or 0.99 per cent to close at 18,696.10 points. The broader markets fared much better and we saw BSE100, BSE200 and BSE500 gain 1.18 per cent, 1.42 per cent and 1.50 per cent respectively. BSEMIDCAP was up 2.84 per cent while BSESMALLCAP gained 2.43 per cent.
Indian markets scale new heights
The Sensex opened at 63,357.99 points reached a high of 63,583.07 points and a low of 63,357.99 points. On Wednesday, the Sensex had closed at 63,099.65 points. At the NSE, the Nifty opened at 18,871.95, touched a high of 18,874.30 points and a low of 18,842.05 points. It had closed at 18,758.35 points on Wednesday.
Indian markets touch new highs on Monday
The Sensex of BSE on Monday touched a record high of 62,661.40 points. The Sensex opened at 62,016.35 points and touched a high of 62,661.40 points and a low of 61,959.74 points during the day. The Sensex had previously closed at 62,293.64 points. After coming below the 62,000 points, the Sensex rallied up to cross again that milestone and later came down.
Pakistan stocks crash after sudden interest rate hike to highest since 1999
The benchmark KSE-100 index lost 707 points as soon as the trading week kicked off, The News reported. The market was at 42,229 points at 9.39 am. It had closed at 42,936.73 points at the last session on November 25. Analyst Samiullah Tariq blamed SBP's decision to increase the interest rate as a key factor for the drop in the KSE-100 index.
With new highs done, expect midcap and smallcap to dominate now
BSE Sensex gained 630.16 points or 1.02 per cent to close at 62,293.64 points, while Nifty gained 205.10 points or 1.12 per cent to close at 18,512.75 points. The broader markets saw BSE 100, BSE 200 and BSE 500 gain 1.0 per cent%, 1.02 per cent and 1.07 per cent, respectively. BSE midcap was up 1.83 per cent while BSE smallcap was up 1.57 per cent.