Finally, the much-awaited India-US trade deal was announced late on the night of February 2, which is likely to back the bulls on February 3 by driving a 500-700 point gap-up opening on the Nifty 50, according to experts.As per the last check at 6:51 IST, the GIFT Nifty was trading with gains of 787 points.The expected rally suggests that the index may see strong follow-up buying interest on Tuesd...

The headline Nifty 50 and Sensex might stage a rebound in trade on April 8, tracking positive cues from Asian markets and GIFT Nifty as investors hunt for bargains following the global sell-off.At 7.35 am, the GIFT Nifty index was quoting 22,652.5, soaring 1.5 percent on traders' optimistic bets.Japan's Nikkei share average rose 6 percent on Tuesday in a widespread rally, rebounding from a 1-1/2-y...

The US markets traded mixed on June 18 owing to weak retail sales data. During May, retail sales increased 0.1 percent, as against the Dow Jones’ prediction of 0.2 percent. On a year-on-year basis, sales rose 2.3 percent.At 9:15 pm IST, the S&P 500 hovered close to its record high and traded flat-to-positive at 5,478. The Dow Jones Industrial Average was marginally up 0.03 percent at 38,790. How...

The exit polls predicting a landslide victory for the BJP are likely to set the markets ablaze with excitement. Markets are buzzing with anticipation, expecting a surge driven by short-covering and euphoria based on how various constituencies of traders are positioned in the derivatives market. An initial wave of excitement will be followed by more calculated, strategic investments, experts Moneyc...

GIFT Nifty derivative contracts, which are traded on the NSE International Exchange at GIFT City, have registered an unprecedented spike in turnover in the last four trading sessions, which has pushed the monthly turnover to a new record high.The average daily turnover in the last four sessions is pegged at $11 billion per day, which is a huge jump from the $2.5 billion turnover that was the avera...