D-Street does a jig! India–US trade deal lifts sentiment, but earnings to drive market returns

The India–US trade deal marks a turning point for equities by removing a major source of tariff uncertainty, and lifting investor sentiment, according to top money managers. They said the worst of the market stress may have peaked for now, but the trade agreement is unlikely to be a game-changer, and returns will ultimately hinge […]

India’s stock market underperforms Asian peers the most since 1998| Business News

India’s stock market ended the year with their worst annual underperformance versus Asian peers in nearly three decades, weighed down by foreign outflows and a weakening rupee. The Bombay Stock Exchange building on Dalal Street in Mumbai. (Bloomberg) A rebound in the nation’s shares that started in September has faded as global fund managers cut […]

No ‘Santa Rally’ as Sensex, Nifty 50 open lower after Christmas Day break| Business News

India’s stock market inched lower at the open today, as markets paused on thin year-end trading volumes, with analysts saying further upside dependent on earnings momentum. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint) At 9:50 am, the 30-share S&P BSE Sensex was trading lower by about 0.25% at 85,200 levels even […]

A India-US trade deal, not Fed rate cut, matters more for India’s stock market, rupee| Business News

India’s stock markets are trading mixed after the US Federal Reserve delivered a third straight interest-rate cut, as investors tracked cues on progress of a India-US trade deal that’s been a WIP for months. The Bombay Stock Exchange building on Dalal Street in Mumbai. (Bloomberg) On Thursday, the 30-share BSE Sensex opened 0.17% higher only […]