On the global front, uncertainty around the US Federal Reserve's rate-cut trajectory, a firm US dollar, and weak risk appetite across emerging markets kept foreign investors cautious. Persistent geopolitical tensions and volatile crude prices further reinforced the risk-off tone, said Himanshu Srivastava, Principal, Manager Research, Morningstar Investment Research India.
Two years later, Sebi has delivered a sharply different story. In a detailed order, the market regulator has barred Droneacharya, its promoters Prateek Srivastava and Nikita Srivastava, and several associated entities from the securities market for two years. The regulator found that the company diverted IPO proceeds, misrepresented financial statements, and used corporate announcements to artificially hold up share prices after listing.
Indian export businesses face growing climate risks. Sectors like aluminium and steel are vulnerable to international regulations. Climate inaction threatens profits and operations. Extreme weather events already impact India significantly. By 2030, 4.5 percent of India's GDP is at risk. Climate challenges could cost India over 10 percent of national income by century's end.
The benchmark Nifty scaled fresh lifetime highs in the past week, but the undercurrent in the broader market remained sharply negative. Several smallcaps corrected violently as investors rotated back into largecaps, locked in profits, and reacted to stretched valuations and thin liquidity in the wider market. The divergence between headline indices and the smallcap universe widened further, with some stocks losing over half their value in just five sessions
Indias benchmark Nifty traded within a narrow range on Friday and closed with a slight decline. Financials and IT stocks weighed on the index, while auto and FMCG names helped cushion the downside and prevented a deeper fall. The 50-stock index closed the week forming a small candlestick on the weekly chart, indicating hesitation at higher levels.Commenting on the current trends, Vatsal Bhuva, Technical Analyst at LKP Securities, said that Niftys RSI has drifted into a bearish crossover with lower tops on the hourly chart, suggesting bulls may take a breather at these levels. However, support remains visible at 26,100 and 26,000, while resistance is placed at 26,300. The technical setup suggests the index may trade in a range, with immediate support at 26,100 and resistance around 26,30026,350 levels. Closing above 26,300 levels will open the door for 26,600 levels, Bhuva said.Here are 5 stock recommendations for Monday:
Equity mutual funds have delivered up to 9% return last week, with international funds leading the chart. There were 585 funds, including SIFs. Here are the top 10 performers (Source: ACE MF)
Market momentum continued as indices strengthened within a two-month channel supported by steady sector performance and stable global cues. Short-term consolidation persisted, though sentiment stayed constructive. Technical indicators pointed to resilience despite volatility, with traders watching breakout levels as institutional flows and macro trends guided expectations for the upcoming sessions
The market capitalisation (mcap) of Hindustan Unilever edged higher by Rs 7,671.41 crore to Rs 5,79,644.16 crore, and that of State Bank of India went up by Rs 6,415.28 crore to Rs 9,04,185.15 crore
Indian markets witnessed a volatile week. The Nifty slipped below 25,850 in the first half, reflecting early weakness. However, a sharp recovery on Wednesday, driven by fresh buying, took the index past 26,300. While the momentum cooled in the last two sessions, the Nifty still closed slightly higher, ending just above 26,200 with modest gains of around half a per cent.After nearly 14 months, the Nifty hit its new all-time high. Yet, the broader market remained in consolidation mode around the 26,300 level. Amid this backdrop, InCred Equities has rolled out its latest high conviction stock picks. We've compiled the top 10 names from the list, each offering meaningful upside with the top pick projecting up to a significant 188% potential gain
The manufacturing purchasing managers' index (PMI) rose to 49.2 in November from 49.0 in October, the National Bureau of Statistics' survey showed on Sunday, remaining below the 50-point mark separating growth from contraction. It was in line with analysts' forecast of 49.2 in a Reuters poll.
