Introduction The Indian stock market witnessed a significant downturn today, marking the third consecutive session of losses for the Sensex and Nifty 50. Investors faced substantial financial setbacks, with nearly ₹3 lakh crore wiped out in a single day. The market’s volatility, driven by a combination of election-related uncertainties and mixed global cues, continues to…

Introduction The Indian stock market benchmarks, the Nifty 50 and the Sensex, experienced a day of high volatility on Monday, May 27, 2024. After reaching fresh record highs in intraday trading, both indices closed the day flat, influenced by profit booking at higher levels and mixed global cues. This article provides an in-depth analysis of…

Introduction Zomato Ltd., a prominent name in the Indian food delivery and restaurant aggregation space, has garnered significant attention from investors and analysts alike. Incorporated in 2010, firm has grown from a small startup to a substantial player in the services sector, boasting a market capitalization of Rs 170,751.01 Crore. Recently, ICICI Securities has issued…

Introduction Overview of the Day’s Stock Market Performance The Indian stock market experienced a mixed session today, with benchmark indices Sensex and Nifty 50 closing flat after reaching new all-time highs. Despite hitting record levels, both indices failed to sustain gains due to profit booking and weak global cues. Significance of the Stock Market Movements…

Introduction The Lok Sabha elections in 2024 are poised to be a pivotal event for India’s political landscape and its financial markets. The benchmark Nifty-50 index recently crossed the 23,000 mark, signaling strong confidence among market participants. This surge is largely driven by the expectation that the ruling National Democratic Alliance (NDA), led by the…