Actor Vijay, leader of the newly formed Tamilaga Vettri Kazhagam (TVK), has made it clear that his party will contest the 2026 Tamil Nadu Assembly elections without forming alliances with the ruling DMK or the BJP. Addressing a packed rally in Madurai, Vijay emphasized that TVK would not be playing second fiddle to any established Dravidian party, including the AIADMK and DMK. His stance signifies a bold political move as he prepares to introduce his party to

Indian equity benchmarks Sensex and Nifty reversed early gains to trade lower by midday Thursday, reflecting a cautious investor mood amid growing uncertainty surrounding the leadership of the US Federal Reserve and other macroeconomic factors. The Sensex had opened on a stronger note, rising by 119.05 points to touch 82,753.53, while the Nifty advanced 18.7 points to 25,230.75. However, this initial positivity gave way to selling pressure later in the session, dragging the Sensex down to 82,

Stock futures rose sharply on Thursday following an announcement from President Donald Trump that the United States and the United Kingdom have finalized a major trade agreement. This development sparked enthusiasm across Wall Street, especially in technology stocks, and contributed to a strong premarket rally. Futures tied to the Dow Jones Industrial Average gained 303 points, a 0.7% increase, while futures on the S&P 500 and Nasdaq

The Indian stock market is going through one of its worst phases in nearly three decades, with the Nifty 50 slipping 15% from its September peak. This marks its longest losing streak in 29 years, causing investor wealth to shrink by more than ₹90 lakh crore. On Friday, Nifty lost over 400 points, and the Sensex plunged by 1,400 points, sending shockwaves through Dalal Street.Investors are increasingly concerned about foreign institutional investor (FII) outflows, small- and mid-cap stock de

Indian stock markets witnessed a strong recovery as both Nifty and Sensex rebounded from their two-day losing streak. Nifty surged by 1.62%, gaining 378.20 points to close at 23,739.25, while Sensex saw a rise of 1.81%, adding 1,397.07 points and ending the session at 77,583.81. The market rebound was largely driven by strong performances in large-cap stocks, particularly in sectors such as finance and infrastructure. Despite the recovery in benchmark indices, the broader marke

On February 4, Indian stock markets experienced a strong rally as the Sensex and Nifty surged following positive global cues and optimism surrounding a potential rate cut by the Reserve Bank of India. The Sensex opened at 77,687.60 and gained over 700 points to reach 77,952, while the Nifty 50 opened at 23,509.90 and rose nearly 1% to 23,582. Mid-cap and small-cap stocks also posted gains, contributing to an overall bullish sentiment in the market. Investor confidence was boost

Summary: Indian stock market saw a sharp decline: Sensex fell over 700 points, Nifty down nearly 300 points. Decline triggered by global factors, including new US tariffs on Mexico, Canada, and China. Foreign investor selling pressure continues, with FPIs pulling out significant funds from Indian markets. Rupee hits a record low of Rs 87.07 against the US dollar. Despite post-Budget relief for some sectors, overall

In just two days, equity investors faced a staggering loss of ₹13 lakh crore in market valuation as the BSE benchmark Sensex saw a sharp 2.27% drop. The benchmark index shed 1,805.2 points, with a 984.23-point decline on Wednesday, November 13, 2024, ending at 77,690.95. Experts cited soaring retail inflation, which hit a 14-month high of 6.21% in October, persistent foreign fund outflows, and muted corporate earnings as the primary reasons behind the significant market correction

India's Nifty 50 index has entered the correction zone, falling over 10% from its peak in late September. This decline comes as foreign investors continue their record-level selloff of domestic stocks, triggering broad market losses. On Tuesday, the Nifty 50 dropped by 1.4%

On Wednesday, the Indian stock markets showed a strong upward movement, with the Nifty 50 closing 1.12% higher at 24,484.05 and the BSE Sensex ending 1.13% up at 80,378.13. The rally was largely fueled by a significant surge in information technology (IT) stocks, including Infosys Ltd., Tata Consultancy Services Ltd. (TCS), and other major players in the sector. The rally was

US futures experienced a decline in pre-market trading as investors prepared for speeches from several Federal Reserve officials. The S&P 500 futures fell by 0.12%, settling at 5,793.25, while the Dow Jones Industrial Average futures decreased by 0.10% to 42,331.00. The Nasdaq 100 futures also dipped by 0.19%, reaching 20,260.75 by 3:30 p.m. IST. Key economic events for October 9 and 10 include remarks from various Federal Reserve presidents and the highly anticipated release of

India's benchmark equity indices, the Nifty 50 and the Sensex, snapped their six-session losing streak on Tuesday, posting gains despite a downturn in most global markets. This rally was primarily driven by heavyweight stocks, including HDFC Bank Ltd., Infosys Ltd., and Reliance Industries Ltd., as investors await the outcome of the upcoming monetary policy committee meeting set for Wednesday. The Nifty 50 index closed up by 0.88%, or 217.40 points, ending the day at 25,013.15,

The NSE Nifty 50 and BSE Sensex have extended their remarkable record run for the sixth consecutive session, showcasing the strength of the Indian stock market. On Thursday, both indices recorded fresh highs, with the Nifty 50 rising by 211.90 points (0.81%) to close at 26,216.05, while the Sensex climbed 666.25 points (0.78%) to finish at 85,836.12. Intraday trading saw the Nifty touch a peak of 26,250.90, and the Sensex reached 85,167.56, reflecting a robust bullish sentiment among investor

The current market sentiment is subdued, with the potential for a fresh selloff if certain technical thresholds are breached. Analysts suggest that for the Nifty and Sensex to experience a significant decline, the indices would need to drop below their respective 20-day simple moving averages or fall beneath the 24,900 and 81,400 marks. If these levels are breached, the Nifty could slip to the 24,775-24,725 range, while the Sensex might drop to 81,000-80,800. On the other hand, for

India is set to become a dominant force in the MSCI emerging markets index, potentially surpassing China in influence. As of August, India’s weightage in the index rose to 19.8%, narrowing the gap with China’s 24.2%. This increase, from 9.2% in December 2020, highlights India's growing appeal to foreign investors. Morgan Stanley's latest analysis notes that this shift could lead to more foreign capital inflows, enhancing India’s stock market performance further.