Latest news with #VLAAmbala
India Gazette
2 days ago
- Business
- India Gazette
Markets end flat amid Middle East tensions, Fed caution weighs on investors' sentiment
Mumbai (Maharashtra) [India], June 19 (ANI): India's equity benchmarks remained muted on Thursday and ended with a marginal loss, possibly due to the ongoing geopolitical conflict in the Middle East and cautious signals from the US Federal Reserve, dampening investors' sentiment. At the end of the trading session on Thursday, BSE Sensex settled at 81,361.87, slipping 82.79 points or 0.10 per cent, while Nifty 50 at National Stock Exchange (NSE) was down 18.80 points or 0.08 per cent at 24,793.25 Within the Nifty constituents, Tata Consumer, Eicher Motors, and Mahindra & Mahindra emerged as the top performers, offering some pockets of strength. In contrast, Adani Ports and Bajaj Finance weighed on the index, ending as top laggards. From a sectoral perspective, Nifty Auto stood out as the sole gainer, while all other sectoral indices closed in the red. Nifty PSU Bank and Nifty Media were the top losers. The market breadth remained extremely weak, as evident from the advance-decline ratio skewed heavily in favour of decliners. Out of the Nifty 500 universe, only 61 stocks managed to end in green, while a staggering 438 stocks closed lower, signalling deep-rooted selling pressure across the board. Observing the market sentiment, Sudeep Shah, Head - Technical Research and Derivatives at SBI Securities said, 'With major indices failing to show leadership and broader markets losing key supports, the overall structure remains fragile, and a decisive trigger is needed to break the prevailing range-bound phase.' 'The Indian market is currently in a state of indecision due to various macroeconomic factors. This uncertainty is also reflected in recent price movements, as Nifty formed a Doji high wave pattern on the daily timeframe,' said VLA Ambala, Co-Founder of Stock Market Today. She added, 'The Fed's decision not to change interest rates represents a contrasting approach compared to the RBI and the government, who are confident about India's trade deals and the performance of the INR. However, market momentum and macroeconomic factors suggest that we remain vigilant. Any increase in inflationary pressure or signs of recession could cast a shadow over our markets.' The banking benchmark index, Bank Nifty, slipped into negative territory on Thursday, mirroring the broader market's lacklustre tone. However, for the third straight session, the banking benchmark has remained confined within a narrow trading range of 56067 to 55511, highlighting a phase of low volatility and indecision. Amid the uncertain conditions, broader market volatility remains moderate. India VIX is currently at 14.26, reflecting volatile investor sentiment. However, analysis suggests that an increase in volatility in the upcoming sessions is expected. (ANI)
India Today
6 days ago
- Business
- India Today
Stock market opening today: Will Sensex, Nifty crash again on June 16?
The stock market is expected to open on a flat note today, following a period of losses attributed to geopolitical tensions in the Middle East. The ongoing conflict between Israel and Iran continues to weigh heavily on market Gift Nifty futures were trading at 24,807 as of 8:12 am, suggesting that the Nifty 50 index is likely to open near its previous close of 24, could gain support between 24,450 and 24,330 and meet resistance between 24,750 and 24,860 in today's market session. From here on, dips in the Nifty index should be viewed as buying opportunities for long-term investments," said VLA Ambala, Co-Founder of Stock Market Today. Geopolitical tensions have intensified as Israel and Iran engaged in further military strikes over the weekend, resulting in civilian casualties and escalating regional backdrop has kept market participants cautious, contributing to the subdued performance of Asian markets, where the MSCI Asia ex-Japan index fell by 0.2%.The rise in oil prices, driven by supply concerns in the already volatile Middle East, poses an additional challenge for India, an importer of crude oil."The ongoing conflict between Israel and Iran could trigger uncertainties in the broader market. The recent increase in crude oil prices could also add to inflationary pressure and impact broader economic stability," Ambala the midst of these conditions, foreign institutional investors (FIIs) have maintained their selling stance for a third consecutive session, resulting in net outflows of Rs 54,020 crore in June domestic institutional investors (DIIs) have continued their buying spree for the 19th straight session, attempting to stabilise the market amid external pressures. With the geopolitical situation showing no signs of easing, investors remain vigilant to potential fluctuations in the market and the broader economic implications of persistent oil price impact of these geopolitical tensions is not limited to the stock market alone. The broader economic landscape could also experience significant shifts as a result of these developments. The potential for increased inflationary pressures due to rising oil prices is a concern for policymakers, especially in import-dependent economies like the sustained outflow of foreign investments could lead to a depreciation of the local currency, further complicating the economic scenario. As investors navigate these turbulent times, strategic positioning and cautious optimism may be key in weathering the the ongoing geopolitical tensions have led to increased volatility in the global markets, affecting investor confidence worldwide. This uncertainty may result in cautious trading behavior, with investors looking for safe-haven assets.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)Must Watch
India Today
13-06-2025
- Business
- India Today
Aviation stocks tumble after Air India plane crash in Ahmedabad
Aviation stocks saw a sharp fall on Friday, June 13, after the tragic Air India plane crash in Ahmedabad. The crash has shaken investor confidence and led to selling pressure in related shares during early share price dropped 3.42% at the start of the trading session. InterGlobe Aviation Ltd, the company that runs IndiGo, also fell 4.83%, slipping to Rs 5,212 in early fall came a day after an Air India flight crashed shortly after take-off from Ahmedabad, killing nearly all the 242 people on was one of the world's deadliest aviation disasters in a decade and the first fatal crash involving a Boeing 787 aircraft. Following the news, Boeing shares in the United States dropped around 5% on Thursday.'Following the Air India flight crash near Ahmedabad airport, shares of IndiGo and SpiceJet tanked. Even the shares of Adani Enterprises, which operates the Ahmedabad airport, plunged. In this circumstance, airline stocks could experience a dip of up to 6–15%, creating an opportunity for traders and investors to explore,' said VLA Ambala, Co-Founder of Stock Market fall was not limited to airline companies alone. Adani Enterprises, which manages the Ahmedabad airport where the crash took place, also saw a drop in its share of Adani Enterprises fell nearly 2% in early trade. The ill-fated Flight AI171 was headed for London's Gatwick Airport when it went down in the densely populated Meghaninagar residential area, just minutes after lifting off. advertisementAir India's Parent company Tata Group announced Rs 1 crore compensation for the families of those killed, full medical expense coverage for the injured, and assistance to rebuild the impacted medical college infrastructure.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)
India Today
13-06-2025
- Business
- India Today
Stock market opening: Will Sensex, Nifty crash today over Israel-Iran conflict?
Stock markets are likely to open lower on Friday, June 13, as tensions rise in the Middle East after Israel launched military strikes on Iran. This development has led to nervousness in Asian markets and could drag Indian benchmarks Sensex and Nifty as of 8:20 am, Gift Nifty futures were trading at 24,629, indicating that the Nifty50 might open nearly 1% below Thursday's close of 24,888.2. This points to a weak start for the market as aviation, Adani Group, and Tata Group stocks will be in focus today. VLA Ambala, Sebi Registered Research Analyst and Co-Founder of Stock Market Today, said, 'We can expect Nifty to gain support between 24,750 and 24,670 and face resistance near 25,020 and 25,100 in the next market session.'The situation in the Middle East has affected global investor sentiment. The MSCI Asia ex-Japan index fell 0.4% early in the day, while investors rushed to safer assets like gold and the Swiss franc. Oil prices also jumped on fears that the strikes could affect supply from the region, which is known for producing large amounts of claimed that the strikes targeted Iranian nuclear sites, with the aim of stopping Iran from developing nuclear weapons. The United States said it was not involved in the attacks. The conflict has added pressure to global markets, which were already facing uncertainty due to trade talks between the U.S. and may find some relief from India's retail inflation data. The consumer price inflation fell to 2.82% in May. This is the lowest it has been in over six years and marks the fourth straight month that inflation has stayed below the Reserve Bank of India's 4% target. The latest data supports the RBI's recent decision to cut interest rates to boost stocks will be closely watched after a tragic plane crash in Ahmedabad on Thursday. An Air India flight crashed shortly after takeoff, killing nearly all 242 people on board. This is now considered the world's deadliest aviation disaster in the past ten years and the first fatal accident involving a Boeing 787 of Interglobe Aviation, which runs IndiGo, SpiceJet, and airport operator Adani Enterprises may see some pressure due to the incident. The crash also impacted global aviation stocks, with Boeing shares falling 5% in the U.S. Thursday, both the Nifty and the BSE Sensex closed about 1% lower, reflecting growing worries over international tensions and the unclear status of trade relations between the U.S. and terms of market activity, foreign investors sold Indian shares worth Rs 3,831 crore in the previous session. However, domestic institutional investors remained steady buyers, marking their 18th straight session of net The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)Must Watch
India Today
12-06-2025
- Business
- India Today
Stock market today: Sensex and Nifty likely to open flat. Here's why
The stock market is expected to open flat on Thursday, June 12, as investors look for more clarity on the trade deal between the United States and China. This comes after Sensex and Nifty, ended slightly higher on Wednesday, even as trading remained within a narrow range for most of the of 8:34 am, Gift Nifty futures were trading at 25,236.5, suggesting that the Nifty 50 index will open close to Wednesday's closing level of 25,141.4. On Wednesday, both Sensex and Nifty posted gains, driven by strong buying in IT stocks. However, profit booking and the absence of strong news kept the overall movement limited. The market's upward momentum was also supported by continued interest from domestic SUPPORT AND RESISTANCE LEVELSAccording to VLA Ambala, Co-Founder of Stock Market Today, the Nifty is expected to find support between 25,020 and 24, said that resistance is likely between 25,220 and 25,300 in the intraday session. Ambala also said that Bank Nifty could test the range between 56,100 and 55,550 over the next 2 to 5 trading has now risen for six days in a row, reaching its highest level in eight months. This positive trend has been helped by the Reserve Bank of India's recent policy support, along with progress in global trade talks. The central bank's decision to maintain a supportive stance has boosted confidence in the CUES AFFECT SENTIMENTWhile domestic markets have stayed firm, sentiment in Asian markets was weak. This was in line with overnight losses seen in the US stock markets. Global investors are still unsure about the exact terms of the trade deal between the US and President Donald Trump said that a basic agreement had been reached on tariff rates, which could help restart trade talks with China. Although this news brought some relief, the lack of detailed information left many investors also announced a partial evacuation of US staff from the Middle East, calling the area 'a dangerous place.' He repeated that the US would not allow Iran to develop nuclear weapons. These comments added to the uncertainty in global India, domestic institutional investors continued their buying streak for the 17th straight session on Wednesday. However, foreign portfolio investors turned sellers after three days of buying Indian stocks. These shifts in investor activity are being closely watched as they have a direct impact on market are also waiting for the release of the consumer inflation data for May, which is expected after market Watch advertisement
