Indian benchmark indices have largely traded in green today, with Sensex climbing 256 points to close at 82,445. While The Nifty closed just above 25,100 climbing 100 points. Markets opened the week on a positive note, with GIFT Nifty rising 75 points to a strong open.
However, shares of Zomato and Swiggy came under pressure after news surfaced about Rapido’s entry into the food delivery space, raising fresh concerns about competition.
The Nifty closed last week above the key 25,000 mark, its highest in two weeks, and analysts see further upside if it sustains above this level. Nifty Bank, after scaling a fresh record of 56,695, is eyeing the 60,000 mark in the near term.
The week ahead is packed with critical macro events, including inflation prints from both India and the US. Meanwhile, US-China trade talks are set to resume in London today, potentially easing some geopolitical worries.
Suzlon Energy is in focus with a Rs 1,300 crore block deal in the works, even as Wall Street’s Friday rally provides additional support to investor sentiment.
More to come…
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
