Latest news with #NehaVMahajan
Time of India
2 days ago
- Business
- Time of India
ET Market Watch: Markets gain for 4th day, oil & gas lead the rally
Transcript Hi, you're listening to ET Markets Radio, I am your host Neha V Mahajan. 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: Indian Markets Logged 4th Straight Gain, here's What Drove the Rally The Sensex rose 303 pts to close at 84,058 The Nifty gained 89 pts, ending at 25,637 The rally was supported by oil & gas stocks and positive global cues Top Gainers & Losers Jio Financial was the top Nifty gainer, up 3.9% Asian Paints climbed 3.15% Tata Consumer dropped 2.13%, the biggest loser In the broader market, Himadri Chemical surged 11.8%, while TD Power fell over 6% Sector Snapshot The Oil & Gas index jumped 1.19% Gains were seen in Pharma, Healthcare, and PSU Banks Realty, IT, and FMCG sectors ended in the red Global & Currency Cues Japan's Nikkei rose 1.43%, while Dow & Nasdaq were up nearly 1% The rupee strengthened by 25 paise to 85.49, aided by falling crude Focus is on the US Core PCE inflation data for further direction CRUDE Brent settled at $67, and WTI at $65.7 Despite the uptick, crude was headed for its worst weekly drop since March 2023 Even though markets closed the week on a strong note, it is time to be cautious ahead.
Economic Times
2 days ago
- Business
- Economic Times
ET Market Watch: Markets gain for 4th day, oil & gas lead the rally
Transcript Hi, you're listening to ET Markets Radio, I am your host Neha V Mahajan. 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: Indian Markets Logged 4th Straight Gain, here's What Drove the Rally The Sensex rose 303 pts to close at 84,058 The Nifty gained 89 pts, ending at 25,637 The rally was supported by oil & gas stocks and positive global cues Top Gainers & Losers Jio Financial was the top Nifty gainer, up 3.9% Asian Paints climbed 3.15% Tata Consumer dropped 2.13%, the biggest loser In the broader market, Himadri Chemical surged 11.8%, while TD Power fell over 6% Sector Snapshot The Oil & Gas index jumped 1.19% Gains were seen in Pharma, Healthcare, and PSU Banks Realty, IT, and FMCG sectors ended in the red Global & Currency Cues Japan's Nikkei rose 1.43%, while Dow & Nasdaq were up nearly 1% The rupee strengthened by 25 paise to 85.49, aided by falling crude Focus is on the US Core PCE inflation data for further direction CRUDE Brent settled at $67, and WTI at $65.7 Despite the uptick, crude was headed for its worst weekly drop since March 2023 Even though markets closed the week on a strong note, it is time to be cautious ahead.
Economic Times
3 days ago
- Business
- Economic Times
ET Market Watch: Sensex up 1,000 points; dollar drops, oil cools, ceasefire kicks in
Transcript Hi, you're listening to ET Markets Radio, I am your host Neha V Mahajan. 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:Sensex surged 1,000 points!Here's what powered Thursday's rally in just 3 points.1. Weak Dollar:Trump criticised Fed Chair Powell and hinted at replacing dollar slipped, and hopes of a rate cut money flowed into emerging markets like India.2. Ceasefire Relief:The Israel-Iran conflict supply fears supported India's inflation outlook and fiscal position.3. Crude Prices Fell:Brent dropped to $67 a eased inflation worries and lifted market stocks rose 2.3%, and banks and financials gained market cap jumped by ₹3.3 lakh crore in a line?The dollar weakened, tensions cooled, and oil created the perfect storm for a bullish day.
Time of India
3 days ago
- Business
- Time of India
ET Market Watch: Sensex up 1,000 points; dollar drops, oil cools, ceasefire kicks in
Transcript Hi, you're listening to ET Markets Radio, I am your host Neha V Mahajan. 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: Sensex surged 1,000 points! Here's what powered Thursday's rally in just 3 points. 1. Weak Dollar: Trump criticised Fed Chair Powell and hinted at replacing him. The dollar slipped, and hopes of a rate cut rose. Global money flowed into emerging markets like India. 2. Ceasefire Relief: The Israel-Iran conflict eased. Oil supply fears dropped. That supported India's inflation outlook and fiscal position. 3. Crude Prices Fell: Brent dropped to $67 a barrel. That eased inflation worries and lifted market sentiment. Metal stocks rose 2.3%, and banks and financials gained too. BSE market cap jumped by ₹3.3 lakh crore in a day. Bottom line? The dollar weakened, tensions cooled, and oil softened. That created the perfect storm for a bullish day.
Economic Times
4 days ago
- Business
- Economic Times
ET Market Watch: Sensex soars 700 points, market cheers Iran-Israel ceasefire
Transcript Hi, you're listening to ET Markets Radio, I am your host Neha V Mahajan. 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:D-Street is bouncing back! Sensex jumps 700 points as geopolitical tensions ease. What's behind the rally? Let's break it days of volatility, markets surged today as Iran and Israel agreed to a closed up 700 points at 82,755, while Nifty gained 200 to end at 25, auto, and consumer durables led the charge as risk appetite + gainers and losersTop gainers? Titan (+3.66%), M&M, and midcaps, Kirloskar Brothers soared over 19%, while Jai Balaji Industries surged 15%.Biggest losers? BEL (-2.9%) and Kotak Mahindra Bank (-1.3%).Global Markets, Rupee and CrudeGlobally, markets rallied—Hang Seng, Nikkei, and Dow all in the rupee held steady at 86.10 after a strong rally crude oil remains soft despite a slight uptick, still near multi-week global risk easing, bulls are back on this rally last or is it just a relief bounce? Let's wait and listening to ET Markets Radio for more.
