30 results tagged #ipo in Market Prabhat
On February 25, the US Department of Commerce announced preliminary countervailing duties (CVD) of approximately 126% on Indian solar module imports.
India's Monday session closed positively as Nifty 50 settled at 25,713.00 (+141.75 points, +0.55%) and Sensex rallied approximately 350+ points, led by PSU banks and financial stocks.
While headlines celebrate Monday's rebound, institutional flows paint a conflicting picture. FIIs sold ₹972.13 crore net across exchanges despite the rally, marking the fifth consecutive session of selling totaling over ₹4,200 crore in a week.
Wall Street's tech rout extended Thursday as AI-related concerns and profit-booking sent the Nasdaq Composite tumbling over 2%, its worst single-day drop in weeks.
India's largest pre-silicon chip validation facility has opened at C-DAC Bengaluru, marking a significant step in the nation's semiconductor ambitions 24].
Global sentiment remains mixed as US markets showed divergence overnight—Dow Jones advanced 52.27 points (0.1%) to 50,188.14, while Nasdaq Composite fell 136.20 points (0.6%) to 23,102.47 amid retail sales weakness.
Amagi Media Labs IPO closes for subscription, FII/DII flow trends continue, and technical levels around 25,700 for Nifty remain critical as markets resume after the mid-week break.
Markets face a crucial test with major Q3 FY26 earnings from IT and financial services heavyweights, including Infosys and multiple asset management companies.
India VIX, the market's fear gauge, declined 0.67% to 9.95, indicating reduced volatility expectations. Sectoral performance was mixed with Nifty IT gaining 1.87%, while Nifty Infrastructure declined 1.60% amid profit-booking.
Indian markets staged a strong recovery on Wednesday, reclaiming the crucial 26,000 mark with a decisive 0.55% gain, driven by a sharp 3% rally in IT stocks following Nvidia's blockbuster AI earnings that sent ripples across global tech markets.
While domestic sentiment remains constructive with FIIs turning net buyers after weeks of selling, global headwinds from Wall Street's Monday decline ahead of Nvidia's crucial earnings (Wednesday) may temper early enthusiasm.
Indian markets are poised for a positive start this Monday after snapping a two-week losing streak with a +1.64% weekly gain. GIFT Nifty futures signal a firm opening, trading around 26,000-26,021 levels early morning, indicating strength after Friday's consolidation.
After yesterday's broad-based rally, the market faces a critical test at the 26,150-26,200 resistance zone. The Federal Reserve's 25bp rate cut decision overnight and upcoming US tech earnings (Alphabet, Meta, Microsoft) will be key sentiment drivers.
Global sentiment remains constructive, with US markets hitting record highs on Friday as the S&P 500, Dow, and Nasdaq all posted fresh closing peaks following cooler-than-expected inflation data.
Global sentiment has improved significantly after confirmation of a Trump-Xi meeting eased US-China trade war fears, while US markets rallied overnight with tech stocks leading gains.
The Indian equity market is poised for a potential record-breaking session today as GIFT Nifty futures signal a strong gap-up opening near all-time highs, just 348 points away from the September 2024 peak of 26,216.
Focus shifts to Reliance Industries' Q2 results announcement and over 80 companies reporting earnings, alongside key data on bank loan growth and forex reserves that will set the tone for near-term market direction.
Indian markets are poised for a positive opening on Wednesday after shrugging off Wall Street's mixed close, with GIFT Nifty futures trading 68 points higher at 25,274 as of 6:40 AM.
