In Samvat 2080, the Indian market witnessed a sharp rally driven by robust macroeconomic fundamentals and foreign fund inflows, which supported investor sentiment. The Nifty 50 index surpassed the 26,250 mark and the 30-share BSE Sensex topped 85,900 in September 2024, with both Indexes gaining around 25 per cent during Samvat 2080. BSE midcap and
Stock market today: On Tuesday, August 27, Indian stock market benchmarks, the Nifty 50 and the Sensex, ended the day flat. The Nifty 50 inched up by 7 points to close at 25,017.75, while the Sensex edged up by 14 points, finishing at 81,711.76. In contrast, the mid-cap and small-cap segments saw notable gains, with
Marc Faber, Author, The Gloom, Boom & Doom Report, says, everything is in a bubble. On Monday, they sold a t-shirt of the famous US baseball player Babe Ruth, for $24.1 million. It is grossly inflated. The most inflated are the FAANG stocks in the US, the so-called Magnificent Seven. The Magnificent Seven stocks have
Titan Machinery Inc. (TITN Quick QuoteTITN – Free Report) is scheduled to report second-quarter fiscal 2025 results (ended Jul 31, 2024) before market open on Aug 29. The Zacks Consensus Estimate for TITN’s fiscal second-quarter revenues is pegged at $633 million, indicating a 1.5% fall from the year-ago reported figure. The consensus estimate for earnings
After US Fed Chair Jerome Powell signaled that the Fed would start cutting interest rates from September at the Jackson Hole Symposium, Nifty bulls are eyeing fresh peaks beyond the 25,000 levels. Last week, Sensex and Nifty ended around 1% higher, buoyed by positive US economic data which has diminished the likelihood of a US
Four months after the State Council, China’s cabinet, unveiled a nine-point document aimed at restoring investors’ confidence and attracting long-term funds, the market is back in a downward spiral after a relief rally. There are telltale signs of investors shunning stocks: turnover on the Shanghai and Shenzhen exchanges has plunged to a four-year low, the
Investors who adhere to the contrarian investment philosophy can find resonance in the experiences of Bruce Flatt, CEO, Brookfield Asset Management. In contrast to many of his counterparts, Flatt refrains from hastily investing in the latest trendy stocks or assets. His approach involves going against the prevailing market sentiment and making bets that diverge from
Stock Market Changes, Investors Panic: Dave Ramsey Says, ‘Short-term The Stock Market Going Up Or Down Is A Bunch Of Drama Queens’ Last week, the stock market experienced significant fluctuations that caused concern among investors. Sizable drops on August 5 led to headlines about a “market sell-off” and widespread investor panic. However, the major indexes
I own about 40 stocks, and some tend to get beat up in market sell-offs more than others. But for the most part, I don’t worry much about the underlying businesses of my top holdings. Their stock prices can rise and fall, but I’m confident that the companies will continue to earn money, pay dividends,
Stock market turmoil earlier this month prompted some investors to ditch stocks in favor of an alternative typically viewed as safer but less exciting: bonds. The renewed popularity of bonds follows months of heightened interest, since investors have sought to lock in high yields in anticipation of interest rate cuts at the Federal Reserve, experts