Latest news with #NehaVashishth
Time of India
a day ago
- Business
- Time of India
ET Market Watch: Sensex rises 304 pts, Nifty reclaims 24,600 on Fed cut hopes, cooling inflation
Transcript Hi, I am Neha Vashishth from the Economic Times. Welcome to a brand-new episode of ET Market Watch, your quick pulse on markets and money. Let's hear the top highlights. Markets Update Indian markets ended Wednesday in the green, riding on hopes of a U.S. Fed rate cut in September and easing domestic inflation. The Sensex climbed 304 points to 80,565, while the Nifty added 132 points to finish at 24,619. Autos and financials led the rally, auto stocks gained 1.1%, financials rose 0.4%. Top Sensex gainers included BEL, Eternal, Kotak Mahindra Bank, Tata Motors, and Mahindra & Mahindra, each up between 1.4% and 2.3%. In standout moves, Apollo Hospitals surged nearly 8%, Hindalco jumped 5% after earnings, Nykaa rose 5% on a twofold profit jump, and Paytm gained 3% after its payments arm secured RBI approval to operate as an online payments aggregator. Midcaps and smallcaps also joined the party, up 0.6% and 0.7% respectively. Expert Take Vinod Nair of Geojit Financial Services says CPI hitting an eight-year low is fuelling hopes for a revival in discretionary spending, especially in autos and metals. Globally, sentiment also got a lift from easing oil prices and China's tariff deadline extension but eyes are on the Trump–Putin meet set for August 15. Global Markets World equities hit record highs as softer inflation data boosted risk appetite. Japan's Nikkei crossed 43,000 for the first time ever, European markets were up around half a percent, and U.S. futures pointed higher. In crypto, Ether hit a near four-year high above $4,679. Commodities & Forex Brent crude slipped 0.7% to $65.67 a barrel after the IEA projected supply would outpace demand this year. The rupee had its best day in over a month, up 0.3% to 87.44 against the U.S. dollar as the greenback weakened on Fed cut bets. That's your market wrap for today. This is ET Market Watch. See you tomorrow with the latest buzz from Dalal Street and beyond.
Economic Times
a day ago
- Business
- Economic Times
ET Market Watch: Sensex rises 304 pts, Nifty reclaims 24,600 on Fed cut hopes, cooling inflation
Transcript Hi, I am Neha Vashishth from the Economic Times. Welcome to a brand-new episode of ET Market Watch, your quick pulse on markets and money. Let's hear the top highlights. Markets Update Indian markets ended Wednesday in the green, riding on hopes of a U.S. Fed rate cut in September and easing domestic inflation. The Sensex climbed 304 points to 80,565, while the Nifty added 132 points to finish at 24,619. Autos and financials led the rally, auto stocks gained 1.1%, financials rose 0.4%. Top Sensex gainers included BEL, Eternal, Kotak Mahindra Bank, Tata Motors, and Mahindra & Mahindra, each up between 1.4% and 2.3%. In standout moves, Apollo Hospitals surged nearly 8%, Hindalco jumped 5% after earnings, Nykaa rose 5% on a twofold profit jump, and Paytm gained 3% after its payments arm secured RBI approval to operate as an online payments aggregator. Midcaps and smallcaps also joined the party, up 0.6% and 0.7% respectively. Expert Take Vinod Nair of Geojit Financial Services says CPI hitting an eight-year low is fuelling hopes for a revival in discretionary spending, especially in autos and metals. Globally, sentiment also got a lift from easing oil prices and China's tariff deadline extension but eyes are on the Trump–Putin meet set for August 15. Global Markets World equities hit record highs as softer inflation data boosted risk appetite. Japan's Nikkei crossed 43,000 for the first time ever, European markets were up around half a percent, and U.S. futures pointed higher. In crypto, Ether hit a near four-year high above $4,679. Commodities & Forex Brent crude slipped 0.7% to $65.67 a barrel after the IEA projected supply would outpace demand this year. The rupee had its best day in over a month, up 0.3% to 87.44 against the U.S. dollar as the greenback weakened on Fed cut bets. That's your market wrap for today. This is ET Market Watch. See you tomorrow with the latest buzz from Dalal Street and beyond.
Time of India
31-07-2025
- Business
- Time of India
ET Market Watch: Nifty below 24,800; Trump's tariff rattles Indian markets
Transcript Hi, you're listening to ET Markets Watch, I'm Neha Vashishth, here's your quick market wrap: Indian markets trimmed early losses but still ended lower on Thursday. Sensex dropped 296 points, Nifty closed below 24,800. That's a nearly 3% fall for July overall! The big trigger? Trump's 25% tariff threat on Indian exports starting August 1, plus an unspecified penalty. Investors took it as a negotiation tactic — not a done deal yet. Textile stocks tanked: Welspun, KPR Mills, Gokaldas Exports — all fell up to 5%. Adani Enterprises slipped 4% on weak Q1 results. FMCG stood out. Hindustan Unilever jumped 3.4% on strong rural demand and earnings. Globally, markets were mixed. China's factory data spooked investors. But Europe held steady thanks to strong bank earnings Brent crude fell to $72.64. The rupee posted its worst month in nearly 3 years, down 2% to 87.59 vs the dollar.
Time of India
28-07-2025
- Business
- Time of India
ET Markets Watch: Sensex falls 572 points; 5 reasons behind Nifty crash
Transcript Hi, you're listening to ET Markets Radio, I am your host Neha Vashishth. Welcome to a fresh episode of ET Market Watch, where we bring you the latest news from the world of stock markets every single day. Let's get to it. Markets extended losses today as multiple headwinds weighed on investor sentiment. The Sensex dropped 572 points, closing at 80,891, and the Nifty fell 156 points, ending at 24,680. That's nearly ₹4.9 lakh crore in market cap wiped out in a single session. Here are 5 key reasons behind today's slide: 1. India–US Trade Talks Stalled Trade negotiations between India and the US have hit an impasse, mainly over tariffs on dairy and agricultural goods. While the US struck a framework agreement with the European Union over the weekend, India's deal still hangs in limbo. That's hurting investor confidence and raising concerns about India's global trade momentum. 2. Weak Q1 Earnings, Led by Kotak Bank Kotak Mahindra Bank plunged 7.3% today after posting a drop in quarterly profit. Gross NPAs rose to 1.48%, margins narrowed to 4.65%, and overall asset quality weakened. This adds to earlier disappointments from Axis Bank and points to rising pressure in the banking sector. 3. TCS Layoffs Spook IT Sector TCS shares dropped 1.6% after it announced layoffs of 12,000 employees, or 2% of its global workforce. This is not about AI replacing jobs, it's about weak demand and internal realignment. The Nifty IT index closed 0.7% lower, with Wipro, HCL Tech, and Infosys also in the red. IT continues to be 2025's worst-performing sector, down nearly 24% from peak. 4. FIIs Continue to Sell Foreign investors sold ₹1,979 crore worth of equities today, continuing their exit for the fifth straight session. Last week alone, they pulled out over ₹13,500 crore. DIIs tried to cushion the fall with ₹2,100 crore in purchases, but the pressure remains. 5. Technical Breakdown Technically, the Nifty slipped below key support at 24,700. It failed to hold above the 50-day EMA, while RSI signals remain negative. Analysts warn of further downside toward 24,550, unless the index breaks back above 24,800–24,950. So, a mix of weak earnings, global trade uncertainty, tech layoffs, FII selling, and technical pressure drove the market lower today. Will this downward trend continue, or can domestic flows and strong earnings from select banks provide support? We'll be tracking that closely, right here on ET Market Watch. Thanks for tuning in. This is Neha Vashishth, signing off for today.
Time of India
23-07-2025
- Business
- Time of India
ET Market Watch: Markets rally on tariff relief; inside the 540-pt surge on D-Street
Transcript Hi, you're listening to ET Markets Radio. I am your host, Neha Vashishth. Welcome to a fresh episode of ET Market Watch -- where we bring you the latest news from the world of stock markets every single day. Let's get to it: Global trade diplomacy lifted markets today! Sensex jumped 540 points, Nifty closed above 25,200, thanks to a tariff-cutting deal between the US and Japan that boosted hopes around India-US trade talks. Global Rally Asian stocks surged, Japan's Nikkei soared 3.5%, MSCI Asia ex-Japan up 1.4%. Europe followed auto stocks zoomed, Stoxx 600 gained 1%. India Highlights Back home, HDFC Bank, ICICI Bank rallied for a third day. IT and financials led the gains. But realty tanked. Lodha and Oberoi Realty dropped sharply on block deals. Tata Consumer fell 2%, while Dr Reddy's inched up ahead of earnings. Technical Check Nifty's now above the 21-day EMA. RSI in bullish mode. Target? 25,500. Support? 24,900. Commodities & Currency Brent crude held at $68.47. Rupee steady, closing just shy of 86.50 vs dollar. Expert Take Analysts say optimism around India-UK FTA and easing global trade tensions could keep bulls in charge, at least for now.
