D-Street likely to raise more toasts to US deal
Indian stock markets are set for a positive start on Monday. This follows the announcement of a broad India-US trade deal over the weekend. Positive global cues, including a strong Wall Street performance, are also supporting the market. Sectors expected to benefit from the deal may see investor interest.
Goldman traders warn stock selling isn’t over
US stocks face renewed selling pressure this week from algorithmic funds, according to Goldman Sachs. These trend-following strategies are expected to remain net sellers, potentially triggering billions in outflows. Investor sentiment remains high, with markets nearing “max fear” despite a recent S&P 500 rebound.
Nifty likely to stay firm, 26,000–26,300 key hurdle: Analysts
Nifty is expected to maintain a positive bias, with 25,800 as a key level and resistance around 26,000–26,300. Support is seen at 25,200–25,450, with market action driven by stock- and sector-specific moves. Analysts suggest a moderately bullish Bull Call Spread strategy for February 10 weekly expiry.
Seafood stocks dip amid margin pressure and competition
Seafood stocks saw a dip after a rally, despite a positive medium-term outlook from the India-US trade deal expected to boost marine exports. Investors remain cautious due to near-term margin pressures and intense competition. The deal’s success hinges on ongoing negotiations and the US tariff stance for other exporters, crucial as the US is India’s […]
LLP registrations cross 10,000 mark for first time in Jan
Monthly registrations for Limited Liability Partnerships (LLPs) surpassed 10,000 for the first time in January, a 60% year-on-year increase. Company incorporations also saw a significant jump of nearly 39%. These surges are attributed to a strong domestic growth outlook, boosted by recent trade deals with the US and EU, and favorable tax policies.
US trade deal framework to boost investor confidence, strength capital flows, deepen markets: BSE chief
The successful conclusion of an interim trade framework agreement between India and the US will boost investor confidence, strengthen the foundation for capital flows, and deepen market participation as India integrates further with the world economy–directly advancing the vision of Viksit Bharat, said Sundararaman Ramamurthy, MD and CEO, Bombay Stock Exchange (BSE).
Mcap of 8 of top 10 valued firms surges by whopping Rs 4.55 lakh cr; Reliance biggest winner
The combined market valuation of eight of the top 10 valued firms jumped by a whopping Rs 4.55 lakh crore last week, with Reliance Industries emerging as the biggest winner, in line with a remarkable rally in equities.
FPIs turn net buyers in Feb; invest Rs 8,100 cr in a week on US trade deal
After three consecutive months of heavy selling, foreign portfolio investors (FPIs) turned net buyers in the first week of February, infusing more than Rs 8,100 crore in Indian equities, aided by improving risk sentiment, along with a trade deal with the US.
Nifty holds uptrend after volatile week but faces consolidation near highs
Nifty ended a volatile, event-driven week with gains, holding above key moving averages. The broader trend remains positive, but consolidation persists near resistance, suggesting selective, stock-specific strategies as momentum indicators stay neutral to mildly positive.
SBI Q3 Results: Profit jumps 24% YoY to Rs 21,028 crore, NII rises 9%
SBI Q3 Results: India’s largest public sector lender State Bank of India (SBI) on Saturday reported 24% year-on-year (YoY) growth in its standalone net profit at Rs 21,028 crore in the third quarter. Net interest income for the same period increased 9% YoY to Rs 45,190 crore.