Latest news with #IndiaVIX
NDTV
11 hours ago
- Business
- NDTV
Market Opens In Green Amid Mixed Global Cues, Sensex Gains 300 Points In Early Trade
Mumbai: The domestic benchmark indices opened higher on Thursday amid mixed global cues, as buying was seen in the pharma, auto and IT sectors in the early trade. At around 9.29 am, Sensex was trading 268.8 points or 0.33 per cent up at 81,267.09 while Nifty added 82.75 point or 0.34 per cent at 24,702.95. Nifty Bank was down 29.70 points or 0.05 per cent at 55,647.15. The Nifty Midcap 100 index was trading at 58,188 after rising 263.35 points or 0.45 per cent. Nifty Smallcap 100 index was at 18,398.75 after climbing 141.65 points or 0.78 per cent. According to analysts, the Nifty ended higher on Wednesday and the India VIX fell nearly 5 per cent, which bulls would have liked to see. "For Nifty, 24,462 remains intact and that's keeping the optimism alive. Should this level break, the market will most likely drop to key support at 23,800. Short-term resistance sits between 24,760 and 24,882. Globally, stock bulls have tailwinds," said Akshay Chinchalkar, Head of Research, Axis Securities. Meanwhile, in the Sensex pack, Eternal, PowerGrid, M&M, HDFC Bank, HCL Tech, TCS, IndusInd Bank and Kotak Mahindra Bank were the top gainers. Whereas Nestle India, Titan, Bajaj Finance, Tata Motors and Tech Mahindra were the top losers. According to analysts, both geopolitical and economic news are likely to weigh on markets in the near-term. 'The major economic news is the sharp dip in the US ISM PMI data. This indicates that the US economy is slowing down sharply. The US 10-year bond yield has declined to 4.36 per cent and, given the slowing US economy, is likely to trend lower," according to Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd. This will turn out to be good for emerging markets (EMs) like India in the medium term. Buy on dips continues to be the ideal strategy now. Rate sensitives will be preferred in view of the expected rate cut by the RBI MPC, said experts. In the Asian markets, Hong Kong, Bangkok, Seoul, China and Jakarta were trading in green, whereas only Japan was trading in red. In the last trading session, Dow Jones in the US closed at 42,427.74, down 91.90 points, or 0.22 per cent. The S&P 500 ended with a gain of 0.44 points, or 0.01 per cent, at 5,970.81 and the Nasdaq closed at 19,460.49, up 61.53 points, or 0.32 per cent. On the institutional front, foreign institutional investors (FIIs) were net buyers as they bought equities worth 1,076.18 crore on June 4, while domestic institutional investors (DIIs) purchased equities worth 2,566.82 crore.
Economic Times
2 days ago
- Business
- Economic Times
GIFT Nifty up 60 points; here's the trading setup for today's session
The position of FIIs in the futures market increased from a net short of Rs 89,066 crore on Monday to Rs 1.04 lakh crore on Tuesday. Indian stock markets experienced volatility. Geopolitical tensions impacted trading. Nifty initially fell but recovered to close near previous levels. Market consolidation is expected due to global uncertainty. Strong domestic factors and potential rate cuts may limit further declines. Foreign investors sold shares, while domestic institutions bought. The Indian Rupee weakened against the US dollar. Tired of too many ads? Remove Ads Tech View: Technically, very short-term support is placed at 24,500. A fall below this level may trigger an increase in short positions, potentially leading to a swift decline towards 24,000. On the other hand, if the Nifty holds above 24,500, it could see a recovery towards the 24,700–24,750 zone in the near term. Technically, very short-term support is placed at 24,500. A fall below this level may trigger an increase in short positions, potentially leading to a swift decline towards 24,000. On the other hand, if the Nifty holds above 24,500, it could see a recovery towards the 24,700–24,750 zone in the near term. India VIX: India VIX, which is a measure of the fear in the markets, fell 3.5% to settle at 16.56 levels. Dow up 0.51%, S&P 500 rises 0.54%, Nasdaq gains 0.81% Tired of too many ads? Remove Ads S&P 500 futures were little changed as of 9:15 a.m. Tokyo time Japan's Topix rose 0.5% Australia's S&P/ASX 200 rose 0.5% Euro Stoxx 50 futures rose 0.2% Domestic equities fell down on Monday, weighed down by the rising geopolitical tensions between Russia and Ukraine. However, Nifty managed to recoup early losses to close on a flattish note. Analysts expect the market to continue its consolidation amid weak global cues, although downside may be limited due to strong domestic macros and a potential boost from the anticipated RBI rate Nifty on the NSE IX traded higher by 62.50 points, or 0.25 per cent, at 24,727, signaling that Dalal Street was headed for positive start on stock indexes closed higher on Tuesday, helped by gains in Nvidia and other chipmakers, as investors awaited possible negotiations between the United States and its trading partners for more clarity on Washington's tariff stocks rose at the open after data showed the US labor market is holding up despite concerns about risks from President Donald Trump's tariff prices held steady on Wednesday as the uncertainty over U.S.-China trade relations offset the impact of strong U.S. jobs data that boosted risk dollar drifted lower on Wednesday as the market looked ahead to U.S. employment data for immediate trading cues, while waiting on developments in President Donald Trump's tariff negotiations with key trading partners including prices edged lower in early Asian trade on Wednesday, weighed down by a loosening supply-demand balance following increasing OPEC+ output and lingering concerns over the global economic outlook due to tariff in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position portfolio investors net sold shares worth Rs 2,853 crore on Tuesday. DIIs, meanwhile, were net buyers at Rs 5908 rupee depreciated 22 paise to settle at 85.61 against the US dollar on Tuesday, weighed down by a firm American dollar, while selling pressure in secondary markets added further weakness to the position of FIIs in the futures market increased from a net short of Rs 89,066 crore on Monday to Rs 1.04 lakh crore on Tuesday.
India Today
2 days ago
- Business
- India Today
Sensex down 150 points, Nifty below 24,700; Adani Ports falls 3%
Benchmark stock market indices opened lower on Tuesday, as they continued their consolidation phase without any fresh triggers, as investors remained cautious over global S&P BSE Sensex was down by 226.44 points to 81,147.31, while the NSE Nifty50 fell by 45.05 points to 24,671.55 as of 9:29 VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said that with a lot of uncertainty in geopolitics, tariffs and trade, the market will continue to remain "Therefore, investors may persist with the strategy of buying on dips. During a consolidation phase, where the market moves within a range, buy on dips is the ideal strategy. And this strategy is working well now," he surged 0.89%, while Mahindra & Mahindra rose with gains of 0.61%. Tata Steel also opened positively, climbing 0.47%, followed by IndusInd Bank, which rose 0.37%. Tata Motors rounded out the top five gainers with an increase of 0.26%.Adani Ports and Special Economic Zone was the worst performer, plunging 1.52% right after the opening bell. Larsen & Toubro also faced heavy selling, declining 1.35%, while Bajaj Finance retreated 1.31%. Hindustan Unilever opened lower by 1.01%, and Bharti Airtel completed the list of top five losers with a drop of 0.99%.Nifty Midcap100 opened marginally lower by 0.01%, while Nifty Smallcap showed resilience with gains of 0.40%. The India VIX rose 0.72%, suggesting some nervousness in the market at the start of sectors managed to open in positive territory, with Nifty Realty leading the gainers at 0.65%, followed by Nifty PSU Bank which climbed 0.62%. Nifty Metal also posted solid gains of 0.44%, while Nifty Pharma advanced 0.33% and Nifty Media rose 0.21%. Nifty Auto and Nifty Oil & Gas showed modest gains of 0.10% and 0.02% the other hand, several key sectors faced early selling pressure. Nifty Private Bank was the worst performer, declining 0.73%, while Nifty IT fell 0.40% and Nifty Consumer Durables dropped 0.34%. Nifty Healthcare retreated 0.30%, while Nifty FMCG edged lower by 0.16% and Nifty Financial Services declined 0.14%.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)Must Watch
India Today
3 days ago
- Business
- India Today
Sensex, Nifty open lower as IT, metal stocks drag market despite good GDP data
Benchmark stock market indices opened lower on Monday, dragged by a decline in Reliance Industries (RIL) stock, along with IT and metal sector S&P BSE Sensex declined 723 points to 80,728.03, while the NSE Nifty50 lost 191 points to 24,559.95 as of 9:25 VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said that the market structure favours continuation of the ongoing consolidation "There are global headwinds like renewed tariff concerns that will restrain a breakout rally. At the same time there are domestic tailwinds that will support the market at lower levels. President Trump's 50% tariffs on steel and aluminium is a clear message that the tariff and trade scenario will continue to be uncertain and turbulent. This headwind will impact markets," he Unilever emerged as the top performer in early trading, gaining 1.43%, followed by Adani Ports and Special Economic Zone which advanced by 0.84%. Mahindra & Mahindra showed resilience with a 0.56% uptick, while IndusInd Bank and Nestle India posted gains of 0.51% and 0.43% Bank faced the steepest decline, dropping 1.71% in opening trades. HCL Technologies was under significant pressure, falling 1.65%, while Infosys retreated by 1.45%. Reliance Industries slipped 1.43%, and Bajaj Finance rounded out the top five losers with a decline of 1.41%.advertisementNifty Midcap100 posted a marginal gain of 0.01% while Nifty Smallcap100 declined by 0.09%. The India VIX surged by 5.86%, indicating increased volatility in early indices displayed a mixed performance with both gains and losses across various segments. On the positive side, Nifty PSU Bank emerged as the top gainer with a rise of 1.45%, followed by Nifty FMCG advancing 0.50%, Nifty Realty climbing 0.25%, and Nifty Financial Services posting a modest gain of 0.83%.However, several sectors opened in negative territory with Nifty IT facing the steepest decline of 1.40%, followed by Nifty Metal dropping 1.21% and Nifty Private Bank falling 0.66%. Other notable losers included Nifty Consumer Durables down 0.83%, Nifty Pharma retreating 0.61%, Nifty Oil & Gas declining 0.61%, Nifty Media slipping 0.55%, Nifty Auto falling 0.46%, and Nifty Healthcare Index dropping marginally by 0.15%.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)Must Watch
Mint
28-05-2025
- Business
- Mint
India VIX: Volatility either behind us or largely priced in; shift focus ‘from events to earnings': MOPW
Domestic brokerage house Motilal Oswal Private Wealth (MOPW), in its May 2025 Alpha Strategist report, noted that the bulk of event-driven volatility—both global and domestic—appears to be behind us or largely priced into the markets. In today's deals, India's fear gauge, the India VIX, has declined over 3 percent to its day's low of 17.91 on Wednesday, May 28. Meanwhile, the Indian benchmarks, Sensex and Nifty were down around 0.28 percent in intra-day deals. Against this backdrop, the firm believes it is now time for investors to shift their focus from macro events to corporate earnings, as early indicators point to improving performance by India Inc. According to MOPW, early Q4 FY25 results signal a healthy corporate earnings trajectory, and the Nifty 50 is expected to deliver a 14 percent CAGR in EPS over the next two years. With large-cap valuations having moved from 'attractive' to 'fair' levels following the recent rally, the firm believes return expectations must be moderated going forward. While mid and small caps are still trading at a premium relative to their long-term historical averages, MOPW acknowledged that selective opportunities are beginning to emerge in these segments as well. The wealth manager stated that India is relatively better positioned compared to global peers, citing macroeconomic indicators such as a declining 10-year G-Sec yield, a relatively stable rupee, contained inflation, and ongoing fiscal discipline. It further highlighted that concerns around economic slowdown are being balanced by positive trends including record-high GST collections in April 2025 (up 12.6 percent YoY), a rising manufacturing PMI, and strong export figures—all of which suggest that economic activity may be picking up pace. Additionally, foreign institutional investor (FII) flows have turned net positive for two consecutive months, indicating renewed investor confidence in the Indian market. In terms of investment strategy, MOPW recommends a lump sum approach for Hybrid, Large Cap, and Flexi Cap funds, given the market's stabilisation and fair valuation zone. On the other hand, for Mid and Small Cap categories, the firm suggests a staggered investment approach over the next 2–3 months, with any market pullback offering an opportunity for more aggressive deployment. In the fixed income space, the wealth manager noted that benign inflation and slowing growth have allowed the RBI to adopt a more accommodative stance, pivoting towards growth support. The 10-year G-Sec yield has remained stable and gradually declined, aided by favourable demand-supply dynamics and RBI interventions such as OMO purchases, term repo auctions, and USD/INR swaps. Given the current yield environment, MOPW believes the steepening of the yield curve makes accrual strategies more attractive, while cautioning that long-term yields are not compelling enough for duration plays. Gold prices touched all-time highs in April 2025, driven by global uncertainties. However, MOPW now considers gold to be overstretched, as some of that uncertainty has started to ease. As a result, the firm maintains a neutral stance on gold from an asset allocation perspective. Motilal Oswal Private Wealth's latest strategy note underscores a paradigm shift in investor focus—from reacting to macro events to riding the wave of corporate earnings. With much of the uncertainty now in the rear-view mirror and India's economic indicators showing resilience, the stage appears set for fundamentals to take charge. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
