Mumbai (Maharashtra) [India], August 26 (ANI): The Indian stock market's key indices, Sensex and Nifty, were trading with gains of over half per cent in the afternoon session on Friday helped by good buying support in banking and IT stocks.

New Delhi [India], August 21 (ANI): Indian stocks extended their bull run for the fifth straight week supported by fresh inflows of foreign investments as well as some moderation in inflation -- both in the US and India.

New Delhi [India], July 22 (ANI): After recent sharp volatility in financial markets, bullishness seemed to have returned to Dalal Street as Indian stock indices rose for the sixth consecutive session on Friday.

Mumbai (Maharashtra) [India], February 24 (ANI): Russia's military operations in Ukraine resulted in carnage on Dalal Street on Thursday with key indices of the Indian equities markets plunging by nearly five per cent.

Mumbai (Maharashtra) [India], February 23 (ANI): The Indian equities markets key indices, Sensex and Nifty, closed in the red for the sixth straight trading session on Wednesday amid escalating Ukraine-Russia crisis.

Mumbai (Maharashtra) [India], February 21 (ANI): The Indian stock markets witnessed volatile trading on Monday with the benchmark Sensex trading with a gain of 167 points at around noon after a selling pressure in the morning session.

Mumbai (Maharashtra) [India], February 16 (ANI): The Indian stock markets key indices, Sensex and Nifty, closed in the negative in a choppy day on Wednesday amid continued uncertainty over Russia-Ukraine tensions.

New Delhi Dec 26 PTI As if wanting to be an antidote to the coronavirus pandemic the Indian stock market adorned carnival robes in 2021 with a tsunami of liquidity unleashed by global central banks coupled with supportive domestic policies and the worlds largest vaccination drive sparking off a world-beating rally on Dalal Street despite bouts of uneasiness over fizzy valuations While the wider economy shuttled between recovery and relapse dictated by multiple mutations of the virus equity market benchmarks appeared headed in just one direction -- skywards The dizzying upward journey has added a whopping Rs 72 lakh crore during 2021 to investors wealth measured as the cumulative value of all listed shares in the country taking it to nearly Rs 260 lakh crore The BSE Sensex made history this year by breaching the 50000-mark for the first time ever and went on to scale the 60000 level within the next seven months It closed at its lifetime high of 6176559 on October 18 Despite the year-end gyrations due to the Omicron threat the 30-share benchmark has posted returns of nearly 20 per cent so far this year eclipsing most of its global peers However Sensex is also the most expensive large market in the world trading at a price-to-earnings ratio of 2711 This means investors are paying Rs 2711 for every rupee of future earnings of the 30 Sensex firms compared to its previous 20-year average of 1980 But the Indian market is not the only one witnessing such exuberance Global central banks led by the US Federal Reserve have pumped in trillions of dollars into the financial markets since the onset of the pandemic to boost liquidity and prop up growth The US Fed has been buying bonds worth USD 120 every month for the past one-and-a-half years nearly doubling its balance sheet to an astounding USD 83 trillion This unprecedented sea of liquidity has induced what experts have termed the everything bubble - an across-the-board increase in asset prices be it stocks real estate or commodities not to mention more exotic instruments like crypto-currencies and non-fungible tokens NFTs Back home the government and the RBI worked in tandem to reignite the animal spirit of the pandemic-battered economy The Reserve Bank has kept the policy rate at an all-time low of 4 per cent since May last year while reiterating its commitment to maintaining an accommodative stance as long as required The Centre unleashed a slew of big bang reforms including production-linked incentive schemes for multiple sectors a Rs 100 lakh-crore PM Gati Shakti Master Plan for infrastructure development and an ambitious asset monetisation pipeline among various other measures All this played out amid a colossal vaccination drive which enabled the reopening of the economy after the shock of COVID-19 lockdowns The year started on a wave of optimism with the start of the vaccination program and the sharp revival of the economy However the intensity of the second wave tempered some of this initial optimism This was soon followed by the return of inflation led primarily by supply chain disruptions said Nitin Raheja Executive Director Head - Discretionary Equities Julius Baer However strong commitment on the part of central banks both globally and domestically towards ensuring strong revival in growth through the continuation of easy money policies saw liquidity remaining benign fuelling strong inflows into financial markets and other risky assets he noted Multi-year low-interest rates new generation reforms adequate availability of capital and the revival of the real estate sector have created the framework for a multi-year earnings growth cycle Raheja added Despite all these factors in favour the market has a habit of teaching some very old lessons to some very new investors One such lesson was that valuations and fundamentals matter -- as evidenced by the disastrous market debut of Paytm The Rs 18300-crore IPO Indias largest was one of the most hyped listings in recent times and a major milestone in the countrys startup ecosystem However the stock crashed 27 per cent on the very first day and continued sinking in subsequent sessions Currently trading in the range of Rs 1360 the stock is yet to touch its issue price of Rs 2150 That apart the coronavirus remains an unpredictable adversary for investors worldwide Just when countries had started reopening and the global economy was getting back on track the highly-contagious Omicron variant emerged triggering a fresh wave of cases and border restrictions With soaring inflation playing havoc with economies the world over central banks too have started to dial back their stimulus measures The Fed has already begun tapering its bond-buying and will wind down the quantitative easing program by early next year to be followed by rate hikes The Bank of England earlier this month became the first major central bank to raise interest rates since the onset of the pandemic The tightening of ultra-loose monetary policies has subsequently led to a flight of foreign capital from emerging markets including India After being net investors for the most part of the year FPIs have been on a selling spree since October offloading shares worth Rs 37320 crore as of December 24 The relentless selling pressure however has been partially offset by a growing force in the domestic financial landscape the retail investor Inflows from systematic investment plans SIPs crossed the Rs 1 lakh crore mark for the first time this year as per data from the Association of Mutual Funds in India AMFI Individual investors hold a higher share of the MF industry assets 549 per cent in November 2021 compared to 515 per cent in the same month last year Not only that 77 per cent of individual investor assets are held in equity-oriented schemes Investors are not shying away from direct participation in the equity markets as well While the number of demat accounts stood at 409 crore at the end of 2019-20 and 551 crore in 2020-21 the figure has already swelled to 738 crore this fiscal so far as of October 31 2021 The aftermath of the worlds biggest ever easy monetary policy and fiscal expenditure made equities attractive and the equity market benefited even more as the economy re-opened Increased money inflows in the financial system bought foreign money to emerging markets The cascading effect of profits bought retail investors to the equity market a global affair Indirectly pandemic did help some Indian economy sectors like IT healthcare and exporters which benefited from digitalisation and global demand said Vinod Nair Head of Research at Geojit Financial Services Adhering to the adage of making hay while the sun shines India Inc too piled into the capital market with initial public offers IPOs raising a record-shattering Rs 118 lakh crore from over 60 issues The Street saw more initial share sales in 2021 than in the year past three years combined both in terms of the number of listings and the amount raised With such high spirits all around many market participants are asking themselves an uncomfortable question - how long will the good times last Most brokerages expect Sensex to post tepid returns in 2022 weighed by the already stretched valuations hawkish central banks and an uncertain global recovery The looming threat of Omicron setting off another wave of the pandemic is the biggest short-term risk But faith in the underlying India story remains intact We think strong growth forecast in the medium term should support the valuations We like the stability of macroeconomic parameters that should support consumption and investments leading to continued earnings estimate upgrades analysts at BNP Paribas said earlier this month The party it seems for now is destined to carry on PTI ABM BJ BJ

Mumbai [India], December 24 (ANI): Data Patterns (India), defence and aerospace electronics solution provider, made a strong debut at the Dalal Street on Friday with its share getting listed at the BSE at 48 per cent premium over its issue price.

Mumbai [India], December 20 (ANI): The Indian equities markets benchmark indices Sensex and Nifty have slumped more than 11 per cent from their peaks. Technically the markets have now entered the correction zone. This has happened for the first time since March 2020.