A prolonged war / tension with Pakistan post Operation Sindoor – the retaliatory attack by Indian armed forces on Pakistan and Pakistan Occupied Kashmir (PoK) – could ‘sink’ markets, suggest analysts. However, they could see a recovery in due course if the measures are limited only to select targets and the tensions de-escalate, they said. History, Aniruddha Sarkar, chief investment officer at Quest Investment Advisors said, suggests that Indian markets have most of the times
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Shares of the Mid and Smallcap companies were outperforming in an otherwise flat market on Wednesday, May 7. The Smallcap and Midcap indices, which initially dropped nearly 1.5 per cent, reversed their losses and were now trading with gains of over 1 per cent each. The Nifty MidCap100 index rallied 2.87 per cent from the intra-day low to 54,242.4, while the Nifty SmallCap250 index climbed 2.71 per cent from the day’s low to an intra-day high of
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The NSE Nifty 50 index surged over 1 per cent in intra-day deals on Friday to hit a high of 24,589 – its highest point in calendar year 2025. The index, however, trimmed gains as trade progressed as investors took profits off the table. The Nifty has rallied by 13 per cent from its April 7 low of 21,744 in less than a month. In doing so, the Nifty this Friday stands on the brink of a major
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Tesla sales plunged by more than half last month in several European countries in a sign that Elon Musk could struggle to revive the company after he shifts from his Washington work to running the automaker again. Tesla sales collapsed in April by more than two-thirds from a year earlier in Sweden, the Netherlands and Denmark, according to auto groups and government agencies Friday. Sales at the Austin, Texas, company dropped by 59 per cent in France and
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IndusInd Bank stock surged over 3 per cent to ₹ 864 in intra-day deals on Friday, and was the top gainer among banks in the Sensex that gained nearly a per cent to hit the 81,000 mark. On the other hand, In comparison, the Nifty Bank index was trading around 0.8 per cent higher in intraday trade at 55,508 levels. IndusInd Bank stock has zoomed nearly 36 per cent from its April-month low of ₹ 637.
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