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India is the most expensive stock market in the world
Even after the recent correction, Nifty is trading around 20 times FY 24 earnings, making India the most expensive market in the world, says V K...
Sensex trading in consolidation mode
For the day traders now, 65,300pts would act as a trend decider level, above which, it could rally till 65,600 level
Mkts recoup early losses
Buying in Infosys, ITC and Bajaj Finance propelled key indices to snap 2-day losing streak
Markets likely to remain range bound in near term
The key indices may sail into choppy and volatile trade, where action continues to remain in the mid-cap and small-cap space
Wall St hoping for rate cut in near term
A big bulwark keeping the economy afloat has been strong spending by US consumers; However, August’s doldrums continue for stocks
ICRR hike rattles mkts
Key indices fall post RBI monetary policy decision; Surprise hike in incremental cash reserve ratio to remove excess liquidity from the system...
Nifty may resume downward move below 19,436pts
The index closed below the last week’s low, which is first lower-low close since March bottom
Key indices further fall on unabated FII outflows
Sensex, Nifty fall for 3rd day on weak global trends, foreign fund outflows; Losses in ICICI Bank and HDFC Bank also added to ongoing weak trend
