Stock Market Live Updates: GIFT Nifty Signals Weak Start, The markets ended in red yesterday. The major reason behind the falling red markets is the TARIFF TANTRUMS BY TRUMP!
Good Morning, Traders! ☀️📈
Let’s take a quick trip down memory lane and revisit one of the most jaw-dropping moments in Indian stock market history.
Have you ever wondered how a single man could rattle the entire financial system? Back in 1992, Harshad Mehta — a flashy stockbroker with a taste for luxury — pulled off one of India’s biggest stock market scams. Using loopholes in the banking system, he pumped up share prices (remember ACC? It shot from ₹200 to ₹9,000!) and sent the market soaring.
But as they say, what goes up must come down. Once the scam unraveled, the market crashed, billions vanished, and retail investors were left stunned. The fallout? Major reforms, tighter rules, and a much stronger SEBI.
It was a turning point that changed Indian investing forever.
Now here’s a fun thought — if you were trading back then, would you have seen the red flags?
The Reserve Bank of India (RBI) on Wednesday decided to keep the benchmark repo rate steady at 5.5%, amid renewed pressure on the rupee triggered by fresh tariff threats from US President Donald Trump.
The decision came after the bi-monthly Monetary Policy Committee (MPC) meeting, where RBI Governor Sanjay Malhotra stated that the central bank would maintain its neutral policy stance. He said, “Uncertainty over tariffs is still evolving, and monetary policy transmission is underway.” He also added, “We are maintaining a close vigil on incoming data.”
Indian benchmark indices opened flat on Wednesday, reflecting a cautious tone among investors amid mixed global cues and ongoing geopolitical tensions. The Sensex was marginally down by 6.49 points or 0.0080%, trading at 80,703.76, while the Nifty slipped 6.55 points or 0.027%, hovering around 24,643.00.
The market is expected to remain range-bound as investors await the outcome of the Reserve Bank of India’s monetary policy decision. With global sentiment under pressure from trade concerns and upcoming domestic earnings, traders are likely to stay selective in their stock picks today.
The U.S. dollar remained rangebound on Wednesday as investors adopted a wait-and-watch approach ahead of President Donald Trump’s expected nomination to fill a key vacancy on the Federal Reserve’s Board of Governors. Market participants showed caution, avoiding big bets until more clarity emerges on future monetary policy direction. The dollar held steady at 147.54 yen, while the euro inched up 0.02% to $1.5760. Meanwhile, the British pound traded at $1.3304. With global markets sensitive to U.S. central bank moves, all eyes are now on Washington’s next decision. Will this nomination shift the Fed’s stance? Currency markets are bracing for the...
On Tuesday, Indian equity markets closed in the red, giving up some of the previous session’s gains as global cues triggered caution. The Sensex fell 308.47 points (0.38%) to settle at 80,710.25, while the Nifty slipped 73.20 points (0.30%) to end at 24,649.55, after briefly dipping below the 24,600 mark during intraday trade.Markets started flat but soon came under pressure following recent geopolitical statements from the US President, which spooked global sentiment. Selling was seen across most sectors, with banking, IT, oil & gas, FMCG, and pharma all declining by around 0.5%.The auto index was the lone bright spot, ending...
Are Indian markets set for a cautious start today? Trends on the GIFT Nifty suggest so, pointing to a negative opening. As of early trade, GIFT Nifty futures were down by 47.5 points or 0.19%, hovering around the 24,692.50 mark. This weak signal could weigh on the broader Nifty and Sensex indices. Are you prepared for potential volatility? Investors might want to watch global cues and sector-specific developments closely before making intraday decisions. Will this dip be an opportunity or a warning sign? Stay alert—market sentiment could shift quickly in today’s session.