Stock Market Live Updates: Sensex rises 350 pts, hits fresh high; Nifty above 19,750; Infosys gains 2%, L... - Economic Times

09:33 AM

Market View | Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

The global market construct continues to be favorable for the bulls. The declining dollar and the capital flows to emerging markets that it triggers can impart resilience to the market. However, high valuations and possible profit booking can restrain the rally. A healthy consolidation can be the near-term trend.

Since the market has run up too much, too fast, a correction can happen at any time. Some profit booking at the present level can be considered.

Good results from HDFC Bank augurs well for Bank Nifty. More good results from banking stocks are likely.

07:33 AM

Markets Live Updates: Quarterly earnings today

IndusInd Bank, ICICI Pru Life, Polycab, L&T Tech among others will announce their first quarter results today.

07:33 AM

Markets Live Updates: GIFT Nifty (Earlier SGX Nifty) signals a muted start

GIFT Nifty on the NSE IX traded 5.5 points, or 0.03 per cent, lower at 19,774, signaling that Dalal Street was headed for muted start on Tuesday.

07:33 AM

Tech View: Mt 20K next stop for Nifty bulls

While breaking out of its nine-day consolidation zone, Nifty on Monday ended 147 points higher, above the 19,700-mark, to form a long bull candle with a longer lower shadow. The chart pattern indicates that any minor dips are being bought into.

07:33 AM

Markets Live Updates: Tokyo shares open higher

Tokyo shares opened higher Tuesday as investors monitored the yen’s relative strength ahead of corporate earnings season, which starts later this month.The benchmark Nikkei index rose 0.37 percent, or 121.09 points, to 32,512.35, while the broader Topix index added 0.38 percent, or 8.49 points, to 2,247.59.

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07:32 AM

US stock market: Wall Street ends higher with earnings poised to ramp up

U.S. stocks ended higher to kick off the trading week on Monday, buoyed by gains in financial and technology shares as investors awaited the next round of quarterly results this week as earnings season gathers speed.

07:32 AM

Rupee rises 14 paise against US dollar on stocks rally

The rupee gained 14 paise to close at 82.03 against the US dollar on Monday, as domestic equity benchmarks scaling all-time high levels and weakness in the American currency overseas boosted investor sentiments.

07:32 AM

Markets Live Updates: Oil prices inch up as US crude supplies seen tightening

Oil prices edged higher in early trade on Tuesday after sinking in the previous session on weaker-than-expected Chinese economic growth, as investors eyed a possible tightening of U.S. crude supplies.

07:32 AM