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New Indian Express
15-05-2025
- Business
- New Indian Express
Nifty reclaims 25,000 mark as inflation cools, India-US trade tensions ease
MUMBAI: India's equity market surged sharply on Thursday with the benchmark NSE Nifty reclaiming the 25,000 mark after seven months and BSE Sensex advancing 1,200 points. The fresh rally is primairy attributed to softening of inflation and easing trade tensions between India and the USA. The BSE Sensex gained 1,200.18 points or 1.48% to settle the day at 82,530.74 while the Nifty settled above the 25,000 mark at 25,062.10, up by 395.20 points or 1.6 %. The two benchmarks have rallied about 4% each in the four sessions of this week. 'The bullish momentum was underpinned by a favorable shift in global cues and renewed optimism surrounding a potential India-US trade agreement. Additionally, a rally in rate-sensitive sectors on growing expectations of a rate cut, coupled with sustained foreign institutional investor (FII) inflows, added to the upside,' said analysts at Bajaj Broking Research. Palka Arora Chopra, Director, Master Capital Services, said that the key catalyst to Thursday's surge could be the moderation in inflation rates, which has strengthened market expectations of a potential rate cut by the RBI in the coming months, thereby boosting investor confidence. In addition, speculation about a possible early trading agreement between India and the United States has boosted market bullishness, especially among export-quality and globally traded sectors Chopra added that this momentum is being aided by the continued inflow of foreign institutional investor (FII) funds, as many global investors returned to Indian stocks. 'Another part of the recent rally in the Indian markets was the lessening of India-Pakistan tension, which might have been an important contributor to uncertainty. On the whole, this slowing of downward pressure and uncertainty has fed opportunity and ultimately produced a broad-based rally across key indices,' stated Chopra.
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Business Standard
30-04-2025
- Business
- Business Standard
Physical or digital, why gold always glitters for Indian investors
Gold was selling for almost Rs 96,000 per 10 grams on Akshaya Tritiya, more than tripling in value since 2015 as Indians continue to invest in the 'safe haven' asset. 'Discerning investors are now opting for smaller quantities but higher values. Lightweight jewellery, certified coins, and digital gold are becoming mainstream,' said Samit Guha, chief financial and technology officer at MMTC-PAMP, A joint venture between Switzerland based bullion brand, PAMP SA, and MMTC Ltd, a Government of India Undertaking that sells gold and silver coins and bars, specializing in high-purity, certified precious metals. Preference for 24K gold of 999.9+ purity and the shift toward investment-grade purchases show that customers have become financially aware, he said. Akshaya Tritiya, being celebrated on Wednesday, is considered auspicious for investments. Digital Gold and Modern Investment Trends Palka Arora Chopra, director at Master Capital Services Ltd., a full-service financial services company that offers stock broking, investment advisory, mutual funds, and other wealth management solutions, said digital gold has emerged as a major investment trend in 2025. 'The way Indians approach gold is evolving. Digital formats offer liquidity, transparency, and ease of access, making them popular — especially among younger investors,' she said. Gold is viewed as a portfolio hedge against inflation and volatility, not just a ceremonial purchase. Cultural Sentiment Meets Financial Strategy Nishant Verma, who works for a public sector undertaking, says gold is a traditional and modern investment. 'Jewellery still holds emotional and cultural value, especially for festivals like Akshaya Tritiya. But from a pure investment lens, digital gold and SGBs are far more practical,' he said. He noted that millennials prefer non-wearable forms of gold that are easier to manage, store, and trade. "Global tensions, inflation concerns, and expected interest rate shifts in the US are contributing to gold's sustained rise in 2025. Central bank purchases and geopolitical risks only reinforce its safe haven status," said Chopra, of Master Capital. 'As long as instability remains, gold's appeal will persist.' Tips for people buying gold For tradition or gifting: Physical gold still holds its charm. For wealth building: Consider SGBs, gold ETFs, or digital gold. For better returns: Go for higher purity and verified products.
India Today
25-04-2025
- Business
- India Today
Sensex, Nifty close lower as rising India-Pakistan tension spooks investors
Benchmark stock market indices closed lower for the second consecutive day as geopolitical tension between India and Pakistan dampened investor markets opened higher but fell over 1% a few minutes into the day, but heavyweight stocks recovered, paring some losses later in the S&P BSE Sensex lost 588.80 points to end at 79,212.53, while the NSE Nifty50 was down 207.35 points to end at 24, Pranay Aggarwal, Director & CEO of Stoxkart, said that the downturn can be largely attributed to the ongoing geopolitical tensions between India and emerged as the top gainer on Sensex, surging 1.36%, followed by Infosys which added 0.60%. Tech Mahindra rose by 0.50%, while UltraTech Cement gained 0.46%, and IndusInd Bank rounded out the top five gainers with a 0.32% the losing front, Adani Ports suffered the steepest decline, tumbling 3.61%. Axis Bank wasn't far behind with a sharp drop of 3.48%, while Eternal plunged 3.41%. Bajaj Finserv fell 2.85%, and Power Grid slipped 2.56%."Investors should keep a close watch on the upcoming earnings results and management commentary for demand trends, capex plans, and overall business outlook which will eventually shape the market's trajectory going forward," said Palka Arora Chopra, Director, Master Capital Services market indices saw selling pressure with the Nifty Midcap100 dropping 2.55% and the Nifty Smallcap100 declining 2.45%, while market volatility spiked as the India VIX jumped 5.58%.Among sectoral indices, only Nifty IT managed to stay afloat with a gain of 0.72%, swimming against the tide of the broad market other sectors ended in the red, with Nifty Media taking the worst hit, plunging 3.24%.Nifty Realty tumbled 2.80%, followed by Nifty Pharma falling 2.24%, Nifty PSU Bank declining 2.24%, and Nifty Metal shedding 2.10%. Nifty Healthcare dropped 2.42%, while Nifty Consumer Durables fell 1.85%.Other significant losers included Nifty Auto down 1.67%, Nifty Oil & Gas slipping 1.43%, Nifty Financial Services retreating 1.39%, Nifty Private Bank decreasing 1.28%, and Nifty FMCG declining 0.62%."Although the present situation has caused temporary distress, particularly in the general market, it seems to be sentiment-based and tied to short-term geopolitical risks. A bounce back can be anticipated early next week, subject to how events shape up during the weekend," said Swapnil Aggarwal, Director, VSRK Capital.(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
