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Gift Nifty was trading around 25,277 level, a discount of nearly 144 points from the Nifty futures’ previous close, indicating a negative start for the Indian stock market indices.
The Indian stock market is set for a stock-specific rally on July 11, with Nifty and Sensex stuck in tight ranges despite global cues and earnings optimism. Technical indicators suggest fading bullish momentum.
Markets may open weak amid trade deal concerns and poor earnings. IT under pressure, resistance at 25,500. Low volatility signals indecision. Stock-specific moves likely as earnings season drives sentiment.
Given current premium valuations, Shibani Kurian from Kotak Mahindra AMC advises moderate return expectations for Indian stocks. She highlights geopolitical risks and the importance of corporate earnings delivery while recommending high-quality companies for long-term investment.
Nifty futures on the NSE International Exchange traded 138.90 points, or 0.55 per cent, lower at 25,283, hinting at a weak start for the domestic market on Friday.
The regulator says that the high-frequency trading giant has made $4.3 billion from India in a little over two years, and so far its officers have only investigated trades in one index
The B2B education platform views its listing on Indian bourses as a major step towards enhancing its global expansion.
India plans to add 17 warships and nine submarines, with ₹2.4 trillion in defence orders in the pipeline. Three shipbuilders could be primary beneficiaries—are they priced for it already?
RailTel share price gained in the morning trade on Thursday despite weak cues for the Indian stock market following an order win. The company announced receiving an order from GAD, Chattisgarh.