No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, October 4, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

No Iron Don to protect D-Street, indices slump 1% under US fire

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 2 mins read
A A
No Iron Don to protect D-Street, indices slump 1% under US fire
Share on FacebookShare on TwitterShare on LInkedIn


India’s equity indices ended almost 1% lower on Friday, marking their fifth straight week of losses-the longest losing streak in two years-as concerns over the fallout of US tariffs on Indian exports weighed on sentiment.

The NSE Nifty fell 0.8% or 203 points to finish at 24,565.35. The BSE Sensex moved 0.7% or 585.67 points lower at 80,599.91. Both indices declined 1.1% in the past week.

“The structural long-term trend is dictated by the earnings, which are around expectations; however, the challenge is the lack of enough clarity on the tariff front, and this uncertainty is expected to linger,” said Pankaj Pandey, head of retail research at ICICI Direct. “From that perspective, the market is lacking a near-term trigger for a decisive move.”

The recent losing run, initially triggered by fatigue after a strong rebound, has been exacerbated by Donald Trump’s announcement that the US will impose 25% tariffs on Indian exports, along with an additional non-tariff penalty for buying crude oil and military equipment from Russia.

Analysts said a pullback was due after Nifty’s surge from 22,000 levels to almost 25,700 levels in the last couple of months.

Live Events

Downward Trend chartETMarkets.com

“The five consecutive weeks of losses in Nifty were marked by foreign selling with the overseas investors remaining 90% short on index futures-a multi-month low that added selling pressure amid tariff imposition concerns,” said Nilesh Jain, head of derivatives and technical research at Centrum Broking.Traders are watching whether the Nifty is able to hold above a key support of 24,000.”A further dip towards the 200-day moving average of 24,000 levels could be a short-term bottom, and investors can accumulate quality stocks,” said Jain. “A sharp and sustainable rebound is expected around 24,000 levels, but it may take some more time to materialise.”

The Nifty Midcap 150 and the Smallcap 250 indices declined 1.3% and 1.6%, respectively, on Friday. Out of the 4,169 shares traded on the BSE, 1,297 advanced, while 2,718 declined. In the past week, the mid-cap index shed 1.9% while the small-cap index tumbled 3%.

Pharma stocks were among the top losers on reports that Trump has asked 17 of the world’s biggest pharmaceutical majors to lower prices of existing drugs. Sun Pharmaceutical Industries tumbled 4.5% on Friday, emerging as the biggest loser on the index, after the first-quarter net profit fell 20%. The Nifty Pharma index dropped 3.3%

Foreign portfolio investors (FPIs) sold shares worth a net of ₹3,366.4 crore on Friday. Their domestic counterparts bought shares worth ₹3,186.9 crore. In July, overseas investors dumped shares worth 38,214.5 crore- the highest selling since February this year.

At home, the Volatility Index or VIX-the market’s fear gauge-gained 3.7% to almost 12 on Friday, indicating traders expect higher risks in the near term.

Elsewhere in Asia, South Korea tumbled almost 4%, while Hong Kong and Japan fell 1.1% and 0.7%, respectively. China and Taiwan declined around 0.5% each.



Source link

Tags: DonDStreetFIREindicesIronprotectslump
ShareTweetShare
Previous Post

Delhivery Q1 Results: Net Profit surges 68% YoY to Rs 91 crore

Next Post

CEO’s exit sparks a sell-off in PNB Housing Finance, stock falls 17%

Related Posts

edit post
Robert Kiyosaki Slams Warren Buffett’s Gold and Silver U-Turn, Predicts Market Crash

Robert Kiyosaki Slams Warren Buffett’s Gold and Silver U-Turn, Predicts Market Crash

by TheAdviserMagazine
October 4, 2025
0

Financial educator Robert Kiyosaki expressed concerns over Warren Buffett‘s recent endorsement of gold and silver investments, hinting at a possible market crash....

edit post
The U.S. is about to hold the government’s biggest coal sales in over a decade even as demand wanes

The U.S. is about to hold the government’s biggest coal sales in over a decade even as demand wanes

by TheAdviserMagazine
October 4, 2025
0

U.S. officials in the coming days are set to hold the government’s biggest coal sales in more than a decade,...

edit post
Dow Jones Futures: Rally At Highs With Nvidia A Buy, Palantir A Sell; Big Tesla News Due

Dow Jones Futures: Rally At Highs With Nvidia A Buy, Palantir A Sell; Big Tesla News Due

by TheAdviserMagazine
October 4, 2025
0

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally hit...

edit post
Indonesia school collapse death toll rises to 17, dozens still missing

Indonesia school collapse death toll rises to 17, dozens still missing

by TheAdviserMagazine
October 4, 2025
0

The death toll in an Indonesian school collapse rose to 17 on Saturday, officials said, as rescuers deployed heavy machinery...

edit post
Vedanta Q2 Update: Record aluminum, alumina production; Zinc India delivers best-ever mined metal output

Vedanta Q2 Update: Record aluminum, alumina production; Zinc India delivers best-ever mined metal output

by TheAdviserMagazine
October 4, 2025
0

The Anil Agarwal-led Vedanta Ltd, on Saturday, reported record highs in aluminum, alumina, and mined metal production for the second...

edit post
Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon’s founder says the benefits will be ‘gigantic’

Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon’s founder says the benefits will be ‘gigantic’

by TheAdviserMagazine
October 4, 2025
0

Jeff Bezos joined Sam Altman in admitting the existence of an AI bubble—but Amazon’s founder sees upside. Recently, many AI-related...

Next Post
edit post
CEO’s exit sparks a sell-off in PNB Housing Finance, stock falls 17%

CEO’s exit sparks a sell-off in PNB Housing Finance, stock falls 17%

edit post
Rupee ends in the green on likely central bank support

Rupee ends in the green on likely central bank support

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Meet Audit Intelligence Test: Automated audit testing

Meet Audit Intelligence Test: Automated audit testing

0
edit post
Decoding the Crypto Mindset with NLP: Bitcoin, Reddit, and FTX

Decoding the Crypto Mindset with NLP: Bitcoin, Reddit, and FTX

0
edit post
Shop Your Way Mastercard to be Discontinued

Shop Your Way Mastercard to be Discontinued

0
edit post
Instacrops will demo its water-saving, crop-boosting AI at TechCrunch Disrupt 2025

Instacrops will demo its water-saving, crop-boosting AI at TechCrunch Disrupt 2025

0
edit post
In The Age Of AI, Reinvention Is The Future Of Customer Success

In The Age Of AI, Reinvention Is The Future Of Customer Success

0
edit post
Raymond James recruits big advisor teams from from Commonwealth

Raymond James recruits big advisor teams from from Commonwealth

0
edit post
Instacrops will demo its water-saving, crop-boosting AI at TechCrunch Disrupt 2025

Instacrops will demo its water-saving, crop-boosting AI at TechCrunch Disrupt 2025

October 4, 2025
edit post
Robert Kiyosaki Slams Warren Buffett’s Gold and Silver U-Turn, Predicts Market Crash

Robert Kiyosaki Slams Warren Buffett’s Gold and Silver U-Turn, Predicts Market Crash

October 4, 2025
edit post
Henry Moon Pie: Time to Support a Reader-Supporting Site

Henry Moon Pie: Time to Support a Reader-Supporting Site

October 4, 2025
edit post
The U.S. is about to hold the government’s biggest coal sales in over a decade even as demand wanes

The U.S. is about to hold the government’s biggest coal sales in over a decade even as demand wanes

October 4, 2025
edit post
Dow Jones Futures: Rally At Highs With Nvidia A Buy, Palantir A Sell; Big Tesla News Due

Dow Jones Futures: Rally At Highs With Nvidia A Buy, Palantir A Sell; Big Tesla News Due

October 4, 2025
edit post
Indonesia school collapse death toll rises to 17, dozens still missing

Indonesia school collapse death toll rises to 17, dozens still missing

October 4, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Instacrops will demo its water-saving, crop-boosting AI at TechCrunch Disrupt 2025
  • Robert Kiyosaki Slams Warren Buffett’s Gold and Silver U-Turn, Predicts Market Crash
  • Henry Moon Pie: Time to Support a Reader-Supporting Site
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.