Insights

  • Weekly market update, Sep 20, 2024

    The India equity market indices logged gains for a second consecutive week and recorded new highs largely driven by a 50-basis-point rate cut by US Federal Reserve, showing no significant concerns about the US economy. On weekly basis, The Nifty added 1.71% this week and the Sensex jumped 1.99%. The broader market indices, the BSE

    September 21, 2024
  • Weekly market update, Sep 06, 2024

    Domestic equity indices witnessed a surprising decline this week dragged by weak global cues. On the weekly front, the BSE Sensex dropped 1.43 per cent, while the Nifty 50 declined 1.52 per cent. The BSE Midcap index also lost over 1.14 per cent, while the BSE Smallcap index remained relatively flat, showing a mixed performance

    September 7, 2024
  • Weekly market update, Aug 30, 2024

    Domestic equity indices extended their winning streak for a third consecutive week buoyed by a strong global market trend and renewed foreign fund inflows as expectations for a US rate cut gained traction. The primary driver behind the bullish momentum in the domestic market is the growing anticipation of a rate cut in the United

    August 31, 2024
  • Weekly market update, Aug 23, 2024

    Domestic equity indices extended their winning streak for a second consecutive week supported by mostly favourable cues amid improving global sentiments. Global market sentiments improved following the better-than-expected US economic numbers. On a weekly basis, the Nifty added 1.15% and the Sensex rose 0.81%. Broader market indices, the mid-cap index gained, around 1.96% and small-cap

    August 24, 2024
  • Weekly market update, July 16, 2024

    Domestic equity indices ended with weekly gains after two consecutive weeks of losses. The week began on a subdued note, influenced by mixed signals, and rebounded by end of the week, supported by positive global cues. Major markets across the globe rose after recent US macro data soothed fears of recession amid the expectations of

    August 17, 2024
  • Weekly market update, Aug 09, 2024

    India’s equity market indices logged a second consecutive week of losses as various global and Indian macroeconomic cues including Yen’s carry trade, US recession fears along with the RBI governor’s hawkish commentary weighed on them. However, the global market sentiment was uplifted on the last day amid ease of US recession fears after lower-than-expected jobless

    August 10, 2024
  • Weekly market update, Aug 02, 2024

    India’s benchmark equity indices snapped eight-week rally to end lower amid mixed signals. On a weekly basis, the Nifty fell 0.47% and the Sensex closed 0.43% lower. Broader market indices, The S&P BSE Midcap ended 0.06% lower and BSE Smallcap closed 0.62% higher. On sectoral front, most sectoral indices ended lower except BSE Health care,

    August 3, 2024
  • Weekly market update, Jul 26, 2024

    India’s benchmark equity indices recorded its best streak of weekly gains amid positive sentiment driven by data showing the U.S. economy grew at an estimated annual rate of 2.8% from April to June, doubling the previous quarter’s growth rate, and cooling inflation in the U.S. also fueled expectations of potential Federal Reserve rate cuts. On

    July 27, 2024
  • Weekly market update, Jul 19, 2024

    India benchmark indices have held their best stretch of gains in over seven months, as they have risen for seven straight weeks. On weekly basis, The Nifty 50 gained 0.12% and Sensex rose 0.11% in the week ended July 19. Overall markets got impacted due to new tensions between the US and China, and Investors

    July 20, 2024
  • Weekly market update, Jul 12, 2024

    Indian equity indices rose for six straight weeks, marking the best weekly winning streak since Dec 11, 2023. The strong result from the IT bellwether and a drop in US inflation to a one-year low added optimism to the market. On weekly basis, The Nifty 50 rose 0.74%, and Sensex rose 0.65%. Broader markets underperformed

    July 13, 2024