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Tag: stock market

Business

US Presidential Elections: How Stock Market Will Be Impacted By Harris Vs Trump?

The US Presidential Elections is underway and it is becoming increasingly more competitive. As more and more American voters line up to decide the next President for their country between Donald Trump and Kamala Harris, investors are eagerly awaiting the results. In a too-close-to-call election, it is evident that markets will feel the impact of the final results and this effect would be felt at the global level. Emkay Global’s Madhavi Arora predicted that a full sweep by Trump will be the most positive outcome for the equity markets due to his supportive corporate tax regime and low regulatory burden, reported The Economic Times. However, she pointed out, “Any gridlock is technically equity market-negative. However, the gridlock would be the most bearish outcome for spending, implying goo...
Politics

Is Muhurat Trading On October 31 Or November 1? Check Here The Details

As Diwali approaches, Indian stock exchanges, including the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and Multi Commodity Exchange of India (MCX), have announced the date for their annual Muhurat trading session. This special trading period coincides with the Diwali festivities and is considered an auspicious occasion for investors to make new investments. The special Muhurat trading session is scheduled for Friday, November 1, 2024, as announced in an official notification from the NSE. While Diwali is celebrated on October 31 in most regions, some areas will observe it on November 1, reflecting local customs and traditions variations. “A special live trading session shall be held on Friday, November 1, 2024, on account of Muhurat trading on Diwali,” the NSE notification...
Life Style

Why is Nike struggling while Adidas thrives in 2024? – Times of India

Nike and Adidas have been on two very contrasting journeys in the stock market in 2024. According to reports, the former's stock dropped sharply while it registered poor sales projections, fell in its digital revenue, and had some inventory issues. This made the stock of the company fall as much as 31.71% year-to-date. Conversely, the stock of Adidas soared based on the immense popularity of the retro sneakers combined with robust earnings reports.Its stock surged 30.12%.The problems with Nike were then further exacerbated through the strong emphasis on online trade and significant shortcomings in China. Conversely, Adidas was able to use product innovation and excellent marketing strategies to instill optimism in the investors. Despite being at a low point, under-valued shares and market ...
Politics

Share Market Today: Sensex Closes Nearly 600 Points Higher, Nifty Settles Above 25,100

Share Market Today: The two key equity benchmark indices, Sensex and Nifty, on Monday ended trading on a higher note after beginning the day with a small rally. The BSE Sensex settled the trading session at 81,973.05, climbing nearly 600 points, while the NSE Nifty50 ended the day at 25,127.95, gaining more than 150 points. Stock update On the 30-share Sensex platform, Tech M, HDFC Bank, L&T, ITC, and IndusInd Bank closed the trading day in green. On the other hand, Maruti, Tata Steel, Bajaj Finance, Axis Bank, and UltraTech Cement settled the session amongst laggards. In the broader markets, the indices ended trading in green. The Nifty Midcap Select index closed the day higher by 0.91 per cent.  Sectoral update Meanwhile, across sectors, the Nifty Media, Metal and Oil & Gas indic...
Politics

Share Market Today: Sensex Sheds 398 Points; Nifty Below 25K. Tata Motors Falls 5.7%

Share Market Today: The two key equity benchmark indices, Sensex and Nifty, on Wednesday snapped their two-day winning run amid volatility, tracking tepid global cues. The BSE Sensex declined 398 points to close at 81,523. On the other hand, the NSE Nifty50 sank 123 points to settle at 24,918. Stock update On the 30-share Sensex platform, Tata Motors became the prominent loser, dropping 5.74 per cent on the BSE. SBI, NTPC, Adani Ports, L&T, M&M were among the other losers. On the flip side, Asian Paints, Bajaj Finance, HUL, Sun Pharma, Bajaj Finserv, ITC, and Airtel were the only gainers. In the broader market, the Nifty Smallcap 100 index fell 0.81 per cent. Sectoral update Sectorally, Nifty Oil & Gas Index led the declines, dropping 2 per cent, followed by Nifty PSU Bank and ...