Sensex ends 233 pts lower, Nifty at 17,153; Titan, Maruti, Tata Steel, Nestle drag
The BSE Sensex and Nifty50 ended the week on a bearish note as the rising crude prices and uncertainties about the global economic outlook amid the Russia-Ukraine war weighed on market sentiment.
Worst over for rupee, will strengthen to 72, if not 68: Sushil Kedia
Kedianomics CEO Sushil Kedia explains a technical analysis of INR vs USD on why he believes the worst is over for the Indian rupee, and that it will only strengthen to 72 at least, if not 68.
Sensex ends 657 pts higher, Nifty above 17,450; Maruti, IndusInd, HDFC Bank lead rally
Barring oil and gas, all sectoral indices closed in green, while auto and consumer durables gained the most.
Stock markets have not peaked yet
Going by earnings and cash flow growth of Nifty companies, one can see that 17,000-18,000 today is cheaper than 12,500 of February 2020.
SEBI takes aim at algo trading, investors caught in crossfire
Algos bring volatility to the market. Algo-based apps have the power to manipulate the market, making it prone to flash-crash, spoofing, layering.
SEBI’s T+1 move to add to stock market frenzy
SEBI is the world’s first market watchdog to implement a T+1 settlement cycle amidst a meteoric rise in retail trading. Would this fan greater speculation and volatility?