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  • NIFTY: 15,699.25
  • +142.60 (0.92 )
  • SENSEX: 52,727.98
  • +462.26 (0.88 )
15,699.25
+142.60 (0.92 )

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 106 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading higher on Friday as investors weigh recession fears.

Core consumer prices in Japan rose 2.1% for the month of May compared to a year earlier, in line with estimates. That's above the Bank of Japan's target of 2% inflation.

Wall Street's main indexes posted solid gains on Thursday, fuelled by strong performance from defensive and tech shares that outweighed declines for economically sensitive groups as worries persisted about a potential recession.

Federal Reserve Chair Jerome Powell on Thursday reiterated that the central bank is “strongly committed” to bringing down inflation, as he spoke on monetary policy for a second day before Congress. He also noted that a recession is a “possibility,” a fear that has continued to weigh on Wall Street.

The largest US banks on Thursday easily cleared the Federal Reserve's annual health check. The results of the Fed's annual "stress test" exercise showed the banks have enough capital to weather a severe economic downturn and paves the way for them to issue share buybacks and pay dividends.

On Thursday, the Labor Department said U.S. weekly jobless claims fell 2,000 to a seasonally adjusted 229,000 for the week ended June 18, showing the labor market remains tight.

Domestic markets:

Back home, the key equity barometers ended with strong gains on Thursday. The barometer index, the S&P BSE Sensex, rose 443.19 points or 0.86% to 52,265.72. The Nifty 50 index gained 143.35 points or 0.93% to 15,556.65.

Foreign portfolio investors (FPIs) sold shares worth Rs 2,319.06 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 2,438.31 crore in the Indian equity market on 23 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 26 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading higher on Thursday as investors continued to monitor recession concerns.

Chinese President Xi Jinping chaired a top-level meeting on Wednesday that approved a plan for the healthy development of China's large payment firms and fintech sector.

US stocks fell slightly Wednesday in choppy trading as markets struggled to sustain a rebound from earlier in the day. Traders also weighed comments from Federal Reserve Chair Jerome Powell, who reiterated the central bank's stance to fight inflation.

The Federal Reserve is not trying to engineer a recession to stop inflation but is fully committed to bringing prices under control even if doing so risks an economic downturn, U.S. central bank chief Jerome Powell said on Wednesday. Powell said at a hearing before the U.S. Senate Banking Committee that a recession was "certainly a possibility" and events in the last few months around the world had made it more difficult to reduce inflation without causing one. On Wednesday, Powell reiterated that ongoing increases in the Fed's policy rate would be appropriate, with the exact pace dependent on the economic outlook.

Domestic markets:

Back home, the benchmark indices ended with deep cuts on Wednesday, amid weak global cues. The barometer index, the S&P BSE Sensex, down 709.54 points or 1.35% to 51,822.53. The Nifty 50 index declined 225.50 points or 1.44% to 15,413.30.

Foreign portfolio investors (FPIs) sold shares worth Rs 2,920.61 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 1,859.07 crore in the Indian equity market on 22 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 45 points at the opening bell.

Global markets:

Overseas, Asian stocks are mostly trading lower on Wednesday, as Wall Street bounced back after a turbulent week.

The Bank of Japan, after maintaining its ultra-low interest rates last week, released the minutes from its April monetary policy meeting on Wednesday. Many members expressed the view that underlying inflation, measured by the CPI excluding such factors as energy, remained relatively low, the minutes said. Most members of BOJ policy board expect short-term and long-term interest rates to remain at their present levels or lower, the minutes added.

Wall Street's major indices jumped over 2% on Tuesday as investors scooped up shares of mega-cap growth and energy companies. U.S. stock markets were closed Monday for Juneteenth.

Fed Chair Jerome Powell will testify before Congress Wednesday and Thursday. His appearance comes after a recent rate hike by three-quarters of a percentage point, the central bank's biggest increase since 1994.

Domestic markets:

Back home, the domestic equity benchmarks ended with robust gains on Tuesday, tracking positive global cues. The barometer index, the S&P BSE Sensex, up 934.23 points or 1.81% to 52,532.07. The Nifty 50 index gained 288.65 points or 1.88% to 15,638.80.

Foreign portfolio investors (FPIs) sold shares worth Rs 2,701.21 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 3,066.41 crore in the Indian equity market on 21 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 39 points at the opening bell.

Global markets:

Overseas, Asian stocks are mostly trading higher on Tuesday following a positive lead from Europe as some stability returned to markets after last week's hefty losses.

Meanwhile, Australia's central bank says inflation will peak by the end of the year. The Reserve Bank of Australia governor Philip Lowe said in a speech that he expected inflation in Australia to peak at around 7% by the end of the year as pandemic-related supply chain disruptions resolve.

South Korea's central bank on Tuesday said it expects inflation will be higher than earlier projected and that it would closely assess debt repayment burdens to determine whether a half-percentage point interest rate hike in July was appropriate.

Markets in the U.S. were closed on Monday for a holiday.

Investors will monitor incoming data, including existing home sales on Tuesday, to gauge the health of the economy. Fed Chair Jerome Powell will testify before Congress Wednesday and Thursday. His appearance comes after a recent rate hike by three-quarters of a percentage point, the central bank's biggest increase since 1994.

Domestic markets:

Back home, the key equity indices closed with decent gains on Monday, breaching six-day losing streak. The barometer index, the S&P BSE Sensex, rose 237.42 points or 0.46% to 51,597.84. The Nifty 50 index rose 56.65 points or 0.37% to 15,350.15.

Foreign portfolio investors (FPIs) sold shares worth Rs 1,217.12 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 2,093.39 crore in the Indian equity market on 20 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 79 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading mixed on Monday, as investors monitored market reaction to the release of China's latest benchmark lending rates. China stood pat on its benchmark lending rates for corporate and household loans, as expected, on Monday. The one-year loan prime rate (LPR) was kept at 3.70%, and the five-year was unchanged at 4.45%.

Markets in the U.S. are closed on Monday for a holiday. The Wall Street ended mixed Friday as the S&P 500 and the Nasdaq Composite bounced on Friday, but the Dow Jones Industrial Average erased gains late in the session. Stocks were volatile during Friday's trading, switching between gains and losses as investors grew increasingly worried about a potential economic slowdown.

In the latest Fed commentary, Governor Christopher Waller said he would support another 75-basis-point rate increase at the central bank's July meeting should economic data come in as he expects.

Production at US factories unexpectedly fell in May. Manufacturing output dipped 0.1% last month, the first decline since January, after increasing 0.8% in April, the Fed said.

Domestic markets:

Back home, the key equity benchmarks ended with small cuts after a volatile session on Friday. The barometer index, the S&P BSE Sensex, declined 135.37 points or 0.26% to 51,360.42. The Nifty 50 index fell 67.10 points or 0.44% to 15,293.50.

Foreign portfolio investors (FPIs) sold shares worth Rs 7,818.61 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 6,086.92 crore in the Indian equity market on 17 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 23 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading lower on Friday, following sharp declines on Wall Street as investors weigh the possibility of aggressive monetary policy tightening leading to a recession. The Bank of Japan is set to release its monetary policy statement on Friday. The Bank of Japan is likely to maintain ultra-low interest rates and stress its resolve to support a fragile economy with massive stimulus.

US stock indexes closed sharply lower on Thursday in a broad sell-off as recession fears grew following moves by central banks around the globe to stamp out rising inflation after the Federal Reserve's largest rate hike since 1994.

Domestic markets:

Back home, the domestic equity benchmarks slumped on Thursday, sliding for the fifth straight session. The barometer index, the S&P BSE Sensex, tumbled 1,045.60 points or 1.99% to 51,495.79. The Nifty 50 index tumbled 331.55 points or 2.11% to 15,360.60.

Foreign portfolio investors (FPIs) sold shares worth Rs 3,257.65 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 1,929.14 crore in the Indian equity market on 16 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 125 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading higher on Thursday tracking U.S. stocks after the Federal Reserve raised benchmark interest rates 75 basis points in a move that equates to the most aggressive hike since 1994.

US stocks rallied on Wednesday after a policy announcement by the Federal Reserve that raised interest rates to market expectations as the central bank seeks to fight rising inflation without sparking a recession.

The Federal Reserve raised its benchmark interest rates three-quarters of a percentage point in its most aggressive hike since 1994. The Fed said in a statement it was committed to bringing down inflation to 2%. It also said it would continue to reduce holdings of Treasury securities and agency debt and agency mortgage-backed securities. Officials also significantly cut their outlook for 2022 economic growth, now anticipating just a 1.7% gain in GDP, down from 2.8% from March.

Fed Chairman Jerome Powell also said during his afternoon press conference that, “either a 50 basis point or a 75 basis point increase seems most likely at our next meeting.”

Domestic markets:

Back home, the key equity barometers ended with small losses after a volatile session on Wednesday, extending its losing streak to fourth session. The barometer index, the S&P BSE Sensex, declined 152.18 points or 0.29% to 52,541.39. The Nifty 50 index lost 39.95 points or 0.25% to 15,692.15.

Foreign portfolio investors (FPIs) sold shares worth Rs 3,531.15 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 2,588.00 crore in the Indian equity market on 15 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 8 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading mixed on Wednesday following overnight losses on Wall Street as the S&P 500 fell deeper into bear market territory.

China's industrial output climbed 0.7% in May as compared with a year earlier, official data showed Wednesday, rising from the April's 2.9% decline. Meanwhile, retail sales in May fell 6.7% year-on-year.

U.S. stock indexes had a mixed Tuesday on fears that red-hot inflation will prompt more aggressive rate increases from the Federal Reserve. The S&P 500 tumbled 0.38% to close at 3,735.48. The Dow Jones Industrial Average dropped 151.91 points, or 0.5%, to settle at 30,364.83. The Nasdaq Composite rose 0.18% to finish at 10,828.35.

Recession fears in the US continued to loom large ahead of the US Fed's policy outcome due on Wednesday. A major foreign brokerage has reportedly forecast a 75-basis point (bp) interest rate hike from the Fed's June policy meeting on Wednesday. A 75-bp hike would reportedly be the biggest since 1994.

Domestic markets:

Back home, the key equity indices ended with small losses after a volatile session on Tuesday, extending its losing streak for third consecutive session. The barometer index, the S&P BSE Sensex, declined 153.13 points or 0.29% to 52,693.57. The Nifty 50 index lost 42.30 points or 0.27% to 15,732.10.

Foreign portfolio investors (FPIs) sold shares worth Rs 4,502.25 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 3,807.60 crore in the Indian equity market on 14 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 96 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading lower on Tuesday after Wall Street hit a confirmed bear market milestone and bond yields struck a two-decade high on fears aggressive U.S. interest rate hikes would push the world's largest economy into recession.

US equities tumbled on Monday, with the S&P 500 confirming it is in a bear market, as fears grow that the expected aggressive interest rate hikes by the Federal Reserve would push the economy into a recession.

Investors are looking ahead to Wednesday when the Fed is expected to announce at least a half-point rate hike. The central bank has already raised rates twice this year, including a 50-basis-point increase in May in an effort to stave off the recent inflation surge. The Fed could even raise rates by 0.75% this week following Friday's CPI report, as per reports.

Domestic markets:

Back home, the domestic equity benchmarks crashed on Monday, tracking dismal global cues. The barometer index, the S&P BSE Sensex, slumped 1,456.74 points or 2.68% to 52,846.70. The Nifty 50 index tumbled 427.40 points or 2.64% to 15,774.40.

Foreign portfolio investors (FPIs) lost shares worth Rs 4,164.01 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 2,814.50 crore in the Indian equity market on 13 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slump 312 points at the opening bell.

Industrial activity in April jumped 7.1% year on year, according to the index of industrial production (IIP) data released by the government on Friday. In comparison, industrial growth had expanded 1.9% in March. Growth in the mining sector was 7.8% in April 2022. The manufacturing sector expanded by 6.3%. Power sector showed a growth of 11.8% year on year in April 2022.

Global markets:

Overseas, Asian stocks tumbled on Monday as red-hot U.S. inflation reignited worries about even more aggressive Federal Reserve policy tightening, and a COVID-19 warning from Beijing added to concerns about global growth. Markets in Australia are closed on Monday for a holiday.

US stocks ended sharply lower on Friday as a steeper-than-expected rise in US consumer prices in May fuelled fears of more aggressive interest rate hikes by the Federal Reserve.

Meanwhile, the U.S. consumer price index increased a bigger-than-expected 8.6% last month, the largest year-on-year increase since December 1981, Labor Department figures showed Friday.

Domestic markets:

Back home, the domestic equity benchmarks slumped on Friday, resuming its losing run after a day's gap. The S&P BSE Sensex, was tumbled 1,016.84 points or 1.84% to 54,303.44. The Nifty 50 index fell 276.30 points or 1.68% to 16,201.80.

Foreign portfolio investors (FPIs) sold shares worth Rs 3,973.95 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 2,831.07 crore in the Indian equity market on 10 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 227 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading lower on Friday as Chinese inflation data for May came in largely in line with expectations. Investors also looked ahead to the release of U.S. inflation data expected later stateside.

The Chinese producer price index for May jumped 6.4% as compared with a year earlier, according to figures by the country's Bureau of Statistics. The consumer price index for May climbed 2.1% from a year ago.

US stocks fell sharply on Thursday ahead of a key inflation report as investors worried about the state of the U.S. economy. Investors are looking to see if inflation has peaked or if the Federal Reserve will need to be even more aggressive to tamp down price increases.

The European Central Bank raised its inflation projections on Thursday but cut its growth outlook as the conflict in Ukraine continues to weigh on confidence, consumption and investment. The ECB now sees inflation over its 2% target throughout its projection horizon, accepting that rapid price growth is not nearly as temporary as it had forecast for the past year.

Domestic markets:

Back home, key domestic equity benchmarks ended with strong gains on Thursday, snapping a four-day losing trend. The S&P BSE Sensex advanced 427.79 points or 0.78% to 55,320.28. The Nifty 50 index added 121.85 points or 0.74% to 16,478.10.

Foreign portfolio investors (FPIs) sold shares worth Rs 1,512.64 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 1,624.90 crore in the Indian equity market on 9 June, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 93.50 points at the opening bell.

Global Markets:

The US Dow Jones index futures were down 47 points, indicating a flat to negative opening in the US stocks today.

Asian shares were mixed on Thursday. China is set to announce its trade data for May later on Thursday.

The European Central Bank is also expected to signal a July rate hike at its policy meeting later on Thursday.

US stocks dipped overnight ahead of May's consumer price index reading slated for Friday. The S&P 500 shed 1.08% to 4,115.77. The Dow Jones Industrial Average slipped 269.24 points, or 0.81%, to 32,910.90. The Nasdaq Composite shed 0.73% to 12,086.27.

In the commodities market, Brent crude for August 2022 settlement was up 11 cents or 0.09% at $123.69 a barrel.

Domestic Equity Market:

The key equity indices ended a volatile session with modest losses on Wednesday, declining for the fourth day in a row. Market turned volatile after the RBI hiked the key repo rate by 50 basis points to 4.90%. The S&P BSE Sensex declined 214.85 points or 0.39% to 54,892.49. The Nifty 50 index fell 60.10 points or 0.37% to 16,356.25. Both the indices fell over 1.6% in four straight sessions.

Foreign portfolio investors (FPIs) sold shares worth Rs 2,484.25 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 1,904.33 crore in the Indian equity market on 7 June 2022, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 82.50 points at the opening bell.

Investors look ahead to the Reserve Bank of India's latest interest rate decision expected later today. After the 40 basis points off-cycle rate hike on 4 May 2022, RBI is widely expected to increase the policy rate further.

Global Markets:

The US Dow Jones index futures were down 17 points, indicating a flat to negative opening in the US stocks today.

Asian shares rose in Wednesday. Japan's economy shrank an annualized 0.5% in the first quarter, revised government data showed Wednesday.

US stocks rose on Tuesday ahead of Friday's consumer price index reading for May. The S&P 500 climbed 0.95% to 4,160.68. The Dow Jones Industrial Average gained 264.36 points, or 0.8%, to 33,180.14. The Nasdaq Composite rose 0.94% to 12,175.23.

The World Bank on Tuesday cut its global growth forecast to 2.9% for 2022 and warned of the world economy slipping into a period of stagflation reminiscent of the 1970s.

In the commodities market, Brent crude for August 2022 settlement was up 20 cents or 0.17% at $120.77 a barrel.

Domestic Equity Market:

The domestic equity indices ended with steep losses on Tuesday, declining for the third straight session. Negative global cues and continuous selling by the FIIs dented sentiment. Investors were also cautious ahead of RBI's policy outcome on Wednesday and the US inflation data expected on Friday. The S&P BSE Sensex tanked 567.98 points or 1.02% to 55,107.34. The Nifty 50 index dropped 153.20 points or 0.92% at 16,416.35. Both the indices have fallen 1.27% in three sessions.

Foreign portfolio investors (FPIs) sold shares worth Rs 2,293.98 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 1,311.14 crore in the Indian equity market on 7 June 2022, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 106 points at the opening bell.

Global Markets:

The US Dow Jones index futures were down 162 points, indicating a negative opening in the US stocks today.

Asian shares were mixed on Tuesday, with the yen hitting a 20-year low, as investors nervously awaited U.S. inflation figures.

The US 10-year Treasury yield was up 0.31% to 3.047% in the Asia session.

In Europe, British Prime Minister Boris Johnson survived a no-confidence vote among his Conservative Party's lawmakers on Monday.

US markets closed slightly higher on Monday led by gains in Amazon and other mega-cap growth shares, while persistent worries over inflation and interest rates kept a lid on the market. The Dow Jones Industrial Average rose 16.08 points, or 0.05%, to 32,915.78, the S&P 500 gained 12.89 points, or 0.31%, to 4,121.43 and the Nasdaq Composite added 48.64 points, or 0.4%, to 12,061.37.

In the commodities market, Brent crude for August 2022 settlement was up 88 cents or 0.74% at $120.39 a barrel. Oil prices inched higher on expected demand recovery in China as it relaxed tough Covid curbs.

Domestic Equity Market:

The domestic equity benchmarks ended with small losses on Monday. Investors were cautious ahead of Reserve Bank of India (RBI)'s policy announcement later this week. The barometer index, S&P BSE Sensex was down 93.91 points or 0.17% to 55,675.32. The Nifty 50 index fell 14.75 points or 0.09% to 16,569.55.

Foreign portfolio investors (FPIs) sold shares worth Rs 2,397.65 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 1,940 crore in the Indian equity market on 6 June 2022, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 61 points at the opening bell.

Global Markets:

The US Dow Jones index futures were up 108 points, indicating a mildly positive opening in the US stocks today.

Asian shares were trading higher on Monday. Market in South Korea is shut for a holiday.

China's Caixin Services Purchasing Managers' Index released Monday came in at 41.4, better than April's reading of 36.2 but still in contraction territory.

US stocks slid Friday as investors digested a stronger-than-expected jobs report and its implication for monetary policy going forward. The Dow Jones Industrial Average fell 348.58 points, or 1.1%, to 32,899.70. The S&P 500 slipped 1.6% to 4,108.54. The technology-heavy Nasdaq Composite fell nearly 2.5% to 12,012.73.

American employers added 390,000 jobs last month, the government reported Friday. The jobless rate held steady at 3.6% for the third consecutive month.

In the commodities market, Brent crude for August 2022 settlement was up 87 cents or 0.73% at $120.59 a barrel. Oil prices jumped after Saudi Arabia raised prices sharply for its crude sales in July.

Domestic Equity Market:

The domestic equity benchmarks wiped intraday gains and ended with tiny losses on Friday. The market witnessed steep selling in the final hour of the trade. The barometer index, the S&P BSE Sensex, fell 48.88 points or 0.09% to 55,769.23. The Nifty 50 index slipped 43.70 points or 0.26% to 16,584.30.

Foreign portfolio investors (FPIs) sold shares worth Rs 3,770.51 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 2,360.51 crore in the Indian equity market on 3 June 2022, provisional data showed.