Overview of Market Activity Key Drivers Earnings Season Begins Investors are looking to corporate earnings for potential market stabilization: Sector Performance Individual Stock Highlights Economic Data to Watch Market Sentiment Global Market Impact The U.S. stock market faces continued headwinds from surging bond yields and tech sector sell-offs. As the fourth-quarter earnings season begins, markets…
A Brutal Week on Dalal Street The Indian stock market recorded its steepest weekly fall in two years, driven by global concerns and domestic challenges. The Sensex plunged over 5%, shedding more than 1,000 points in three out of five trading sessions, while the Nifty 50 slipped below its 200-day exponential moving average (DEMA). This…
Introduction: A Turbulent Week for Indian Markets The Indian stock market faced a significant downturn this week, with the Sensex plunging over 4,000 points and the Nifty 50 slipping below its crucial 200-day exponential moving average (DEMA) of 23,700. On Friday, December 20, 2024, the Sensex opened at 79,335.48 but dropped over 1,200 points to hit a low of 77,972.68, while the Nifty 50 fell nearly 400 points to 23,565. With heavyweights such…
A Major Downturn Shakes Indian Markets On December 19, 2024, the Indian stock market experienced a severe downturn, with the Sensex plunging nearly 1,200 points and the Nifty 50 dropping below the critical 24,000 mark. This significant crash was primarily triggered by global economic concerns, particularly the US Federal Reserve’s hawkish stance on interest rate…
The Indian stock market has been in turmoil this December, dashing investor hopes for a year-end rally. With Nifty and Sensex slipping for four straight sessions, the losses have amounted to a staggering Rs 10.5 lakh crore in investor wealth. Market experts attribute the downturn to hawkish commentary from the US Federal Reserve, which sparked…
The Nifty 50 Index is trading at approximately 24,336, reflecting a sharp 1.35% decline from the previous day. This downturn stems from weak global cues and growing domestic market challenges, prompting cautious investor sentiment. Analysts suggest that market participants keep a close eye on key support and resistance levels as volatility may intensify. 1. Nifty…
