Indian equity markets are experiencing a significant downturn, with many BSE 500 companies now trading below their historical valuations, particularly in non-lending firms, while banks and financial companies show resilience.
The Nifty 50 has reclaimed the 23,600 level, but can it sustain the momentum and rally to 24,000 amid elevated oil prices and geopolitical tensions?
The Nifty 50 extended its recovery amid a falling VIX for the third consecutive session, rising 0.8 percent on March 18 despite elevated oil prices due to tensions involving the US, Israel, and Iran in the Strait of Hormuz.
Latest updates from the Indian stock markets including Nifty levels, Q1 results, and major corporate actions affecting investor sentiment.
Latest updates from the Indian stock markets including Nifty levels, Q1 results, and major corporate actions affecting investor sentiment.
GIFT Nifty fell over 1% after Iran reported US and Israeli airstrikes on its South Pars gas field, sparking a surge in oil prices and a record low for the Indian rupee.
The Indian stock market is witnessing a gap-down opening as GIFT Nifty falls over 1% after Iran warns of attack on Gulf oil facilities in retaliation to the hit on its South Pars gas field.
Nifty rises sharply for the third session in a row, driven by auto, IT, and consumer stocks. Technical indicators signal bullish momentum, with analysts projecting upside towards 24,250 and support at 23,500.
The NSE Nifty 50 finds resistance at the 23,900-23,950 levels after the index extended its rally for the third straight trading session. Get the latest updates on Nifty and Bank Nifty.
Get the latest updates on the Indian stock market, including Nifty and Bank Nifty levels, and the top 15 things to know before the opening bell on March 19.