MSCI’s benchmark stock gauge for emerging-market equities is on track for a 6.7% advance this year, snapping a two-year losing streak. Its currency equivalent index is headed for a 4.7% gain, its biggest yearly rise since 2017.
Taking Stock: Sensex, Nifty end lower in the last session of 2023; banks, IT see selling
Overall, both indices, along with all broader market indices, finished 2023 on an upbeat note as the benchmark indices Nifty 50 and BSE Sensex hovered near all-time highs, gaining 20% and 18%FO Manual | Slight profit-booking kicks in, but sentiment for Nifty stays positive
Analysts believe the breather in the market is welcomed as the recent bull run had pushed the Nifty 50 into an overbought zone. Nonetheless, they believe the underlying sentiment in the market still remains bullish.Mid-day Mood | Nifty, Sensex slip on mild-profit booking, analysts see upside in 2024
BSE Midcap and Smallcap indices were trading with marginal gains of 0.48 percent and 0.53 percent respectively.Oil prices to end year 10% lower as demand concerns snap winning streak
Oil prices are set to end 2023 about 10% lower, the first annual decline in two years, after geopolitical concerns, production cuts and global measures to rein in inflation triggered wild fluctuations in prices.
S&P 500 ekes out meager gains, flirts with bull market confirmation
The benchmark index concluded the light volume session just 0.3% shy of its record closing high, reached on Jan. 3, 2022.
Australia, NZ dollars take a breather after rousing month
The Aussie had dipped to $0.6828, from a top of $0.6871. It was up 3.4% for the month, and 7.5% higher since the start of November. The rally has left the currency a shade firmer for the year, and saved it from a low of $0.6271.
Taking Stock: Nifty crosses 21,800 on final expiry of 2023; Sensex jumps 372 pts
Except, Information Technology, all other sectoral indices ended in the green with FMCG, realty, oil gas, power and metal indices up 1-2 percent.Mid-day Mood | Nifty, Sensex off day#39;s high, analysts suggest #39;buy on dips#39;
Indian stocks are reaching new highs. Overall market sentiments are positive, FIIs have made substantial purchases, once again, adopting a “buy on dip” strategy is advisable.Mid-day Mood | Nifty, Sensex off day#39;s high, analysts suggest #39;buy on dips#39;
Indian stocks are reaching new highs. Overall market sentiments are positive, FIIs have made substantial purchases, once again, adopting a “buy on dip” strategy is advisable.