The NIFTY50 hovers above 22,800, the SENSEX jumps 1,131 points, and the whole market shines as well.

The NIFTY50 and SENSEX both ended the day at their one-month high. For the first time since February 21, 2025, the 50-share NIFTY 50 index surpassed the 22,800 level. Additionally, the BSE SENSEX leveled off above 75,000.Tuesday, March 18, saw a 1.5% increase in the Indian stock market due to strong buying in the financial and metals sectors and outperformance by the overall market. The encouraging global cues also improved market sentiment. The NIFTY50 and SENSEX both ended the day at their one-month high. For the first time since February 21, 2025, the 50-share NIFTY 50 index surpassed the 22,800 level. Additionally, the BSE SENSEX leveled off above 75,000. The NSE's NIFTY50 index closed 325.55 points, or 1.45%, higher at the 22,834.30 level, while the S&P BSE SENSEX closed at 75,301.26, up 1,131.31 points, or 1.53%. Out of the 3,016 equities that were traded on the NSE, 2,288 scrips rose, indicating that the market attitude continued in favor of bulls. At the end of the day, the smallcap and midcap indices both saw gains of nearly 2.8%. On Tuesday, all sectoral measures ended the day higher.Investors are also anticipating updates about tariffs and the US Fed's interest rate decision.  

How have portfolio managers performed in terms of returns when comparing mutual funds and PMS?

Current Market News Live Updates for Today: Watch the market wrap-up for today! Follow the fluctuations of the Sensex and Nifty 50, as well as the top winners and losers. See which sectors drove the growth (or drop) and how the US and Asian markets performed. Summary: For up-to-date information on your favorite businesses, follow Mint's market blog. This blog provides you with up-to-date information about global markets and Dalal Street.Late September 2024 saw the top of the Indian equity market, with many large-, mid-, and small-cap companies reaching all-time highs. But ever since, the market has been in a gloomy mood as investor morale has been affected by headwinds including high valuations, a slowdown in profitability, uncertainties around international trade, etc. As of February 21, 2025, the BSE Sensex has down 12.2%, the BSE Midcap has fallen 18.6%, and the BSE Smallcap index has fallen 20.5% from its peak.Based on 5-month returns, NAV decreases of 4–26% have been recorded for equity mutual funds across all categories as a result of the market's severe downturn.  

Highlights of the Budget and Economic Survey: As the budget session starts, FM Nirmala Sitharaman presents the Indian economy report.

Highlights of the Budget and Economic Survey: On January 31, Union Finance Minister Nirmala Sitharaman will deliver the Economic Survey, which examines the Indian economy, governmental policies, and prospects for the future. It discusses socioeconomic problems including poverty and education as well as macroeconomic performance.Highlights of the Budget and Economic Survey: On January 31, Union Finance Minister Nirmala Sitharaman will deliver the Economic Survey to Parliament, which will include a thorough examination of the Indian economy with an emphasis on a few important areas. Economic Survey: What Is It? The Indian economy's performance, governmental policies, and prospects for the next fiscal year are all summarized in the Economic Survey. It is separated into two sections: Part A examines economic performance, focusing on fiscal trends and macroeconomic statistics, while Part B discusses socioeconomic concerns like poverty, education, climate change, and the prospects for GDP growth, inflation, and trade.The Economic Survey is created by whom? The Department of Economic Affairs' economic section, led by Chief Economic Advisor (CEA) V Anantha Nageswaran, prepares the Economic Survey. The Economic Survey will be presented by whom? One day prior to the budget speech, on January 31, Union Finance Minister Nirmala Sitharaman will deliver the Economic Survey to the Parliament.  

EUR/USD remains firm as Trump raises tariffs cautiously

As US President Donald Trump announced lower-than-expected tariffs on China, EUR/USD stayed strong above 1.0400. ECB's Lagarde cautioned that the Euro bloc should be ready for US tariffs, while ECB's Stournaras said that if the US imposes tariffs on the Eurozone, the pace of policy easing could quicken.In Wednesday's North American session, the EUR/USD maintains its rise above the crucial support level of 1.0400. As investors assess the United States' (US) clear tariff measures to construct new positions, the key currency pair continues to rise. Following a new two-week low of 107.75, the US Dollar Index (DXY), which measures the value of the US dollar relative to six major currencies, recovers intraday losses.United States (US) President Donald Trump is ready to hike 25% tariffs on Mexico and Canada and 10% on China, which will come into effect on February 1. Although he hasn't given specifics yet, Trump has also pledged to address trade imbalances with the Eurozone. Trump stated on Monday that he would either "raise tariffs or Europe buy more US oil and gas" to address the trade deficit. The US Dollar's (USD) demand as a safe haven is declining as a result of these tariff calls, which seem less alarming than what market players had expected from Trump's remarks during the election campaign.Traders may be forced to reduce their bets on the Federal Reserve (Fed) to maintain interest rates at their current levels for an extended period of time if Trump's tariff rises are less drastic than anticipated. Market investors currently anticipate that for the next three policy sessions, the Fed will maintain borrowing rates between 4.25% and 4.50%.  

Highlights of the Manappuram Finance share price: Manappuram Finance closed at ₹193.8 today, up 5.64% from ₹183.45 yesterday.

Highlights of the Manappuram Finance Share Price: Manappuram Finance opened at ₹180.75 on the most recent trading day and ended the day marginally lower at ₹179.85. During the session, the stock hit a high of 186.25 and a low of 180.75. At a 52-week high of ₹230.25 and a low of ₹138.40, the firm has a market capitalization of ₹15,505.84 crore. 175,677 shares were traded on the BSE during the day.Lower open interest in Manappuram Finance and a higher futures price indicate that the current positive trend is waning and that the stock may top out here or begin a reversal in the days ahead. Live Updates for Manappuram Finance Share Price: The share price of Manappuram Finance ended the day at ₹193.8, which was 5.64% higher than its previous closing price. Important resistances to keep an eye on for the upcoming trading session are 198.03, 202.56, and 210.12. Key support levels, however, were located at 185.94, 178.38, and 173.85.Manappuram Finance Live Updates: The share price of Manappuram Finance is currently moving between the important support and resistance levels of ₹185.94 and ₹198.03 on a daily basis, with a current price of ₹193.8. We might anticipate another bearish action if it breaks over the ₹185.94 support level. However, there will be a bullish reaction if the price crosses 198.03.  

Tech View: Thursday trading strategy: Nifty's short-term trend is poor; a breakout above 23,350 could lead to an upside bounce.

The lower tops and bottoms pattern is still there, and the Nifty's short-term trend is still weak. A possible new lower top is in line with the recent pullback, awaiting confirmation. The upside may be strengthened with a clear rise above 23,300–23,350, while 23,050 is a crucial support level. These pivotal levels for market direction are highlighted by HDFC Securities' Nagaraj Shetti.A little red candle was formed on the daily chart of Nifty on Wednesday, with minor upper and lower shadows. This market behavior usually suggests a turbulent movement in the market with a favorable bias. The current retreat may coincide with the pattern's new lower top, and the negative chart pattern, which includes lower tops and bottoms, is still there. However, confirmation of the lower top reversal is required at the highs. The Nifty's short-term trend remains weak. A steady rise above the 23,300–23,350 resistance levels would reinforce the market's upward rebound. According to HDFC Securities' Nagaraj Shetti, 23,050 will be a vital support for the market at the lows. There has been a significant selling of AU SFB from higher levels. There may be indications of a reversal from lower levels as the stock is stabilizing close to important support zones. If the upward trend continues, this consolidation phase suggests that a breakout may occur.The stock is about to break out of this zone of consolidation. It may be able to rise higher, aiming for 650, if AUBANK is able to hold onto its position above 600. Improved technical indications, such as the RSI at 56.07, which is heading upward and showing strength, reinforce this optimistic perspective.AUBANK has recently surpassed its short-term (20-day) and medium-term (50-day) EMAs, further reinforcing the bullish sentiment. If the stock continues to gain strength, it could bounce higher and attempt to retest its long-term (200-day) EMA, suggesting further upward potential.  

S Naren warns that SME IPOs are the most hazardous segment of the market.

Indeed, SME IPOs are the most risky segment of the market, according to S Naren, the Chief Investment Officer (CIO) of ICICI Prudential Mutual Fund. Retail investors should steer clear of SME IPOs, according to Naren, who has expressed worries about their quality. Citing largecap stocks' better performance, he also advises investing in them rather than small and midcap stocks. Naren's remarks follow an average return of almost 86% from 240 SME IPOs in 2024. Naren added that the regulator is worried about the derivatives market and SME IPOs.S Naren, the CIO of ICICI Prudential Mutual Fund, has cautioned retail investors against investing in what he refers to as the most risky segment of the market, given that 240 SME IPOs had an average return of almost 86% in 2024.Even with SME IPOs, where we have been concerned about the quality, investors have been optimistic about IPOs. Although we are fortunate not to be required to take part in them, we are rather concerned about the caliber of initial public offerings. Additionally, the regulator has been concerned about the derivatives market as well as SME IPOs," Naren said reporters during a briefing.  

Today's stock market: Asian stocks are divided as Wall Street emerges from its holiday-season slump

HONG KONG (AP) — Following Wall Street's recovery from the holiday season blues, Asian stocks are uneven, with markets in China and Tokyo seeing declines.As Tokyo's market reopened following the lengthy customary holiday, the finance minister of Japan rang in the New Year, and employees wearing suits and kimonos applauded for good fortune in 2025.Katsunobu Kato, the finance minister, declared that the Japanese government would take action to assure economic growth driven by investment and salary rises. He also promised to "grasp signs of recovery" and make sure that "every single citizen can feel the improvement in their salaries."Much of Asia has been wary of possible changes under President-elect Donald Trump, who has pledged to drastically increase tariffs on imports from China and other nations, which might impede growth for a region that depends significantly on trade. After U.S. President Joe Biden turned down Nippon Steel's roughly $15 billion offer to buy Pittsburgh-based U.S. Steel Corp., the company was predicted to file a lawsuit. On Monday, Nippon Steel's stock dropped 0.7% in Tokyo. On Friday, U.S. Steel's stock fell 6.5%. Hong Kong's Hang Seng fell 0.5% to 19,654.82, while Tokyo's benchmark Nikkei 225 index fell 1.6% to 39,258.25. At 3,194.20, the Shanghai Composite index fell 0.5%.  

Russia and Ukraine stop transporting gas to Europe after 50 years.

Following the expiration of a crucial transit agreement, both parties announced the suspension on Wednesday. At a time when the area is depleting winter storage at the quickest rate in years, the interruption will put additional pressure on supply as several central European nations that have depended on the flows would have to obtain more expensive gas elsewhere.Following Kyiv's refusal to permit any transit that finances Moscow's war machine, Russia ceased shipping gas to Europe through Ukraine, ending a fifty-year-old conduit.Following the expiration of a crucial transit agreement, both parties announced the suspension on Wednesday. At a time when the area is depleting winter storage at the quickest rate in years, the interruption will put additional pressure on supply as several central European nations that have depended on the flows would have to obtain more expensive gas elsewhere. Despite the three years of war, Ukraine has remained a vital route for gas supplies into Europe. Countries are still suffering from the aftermath of an energy crisis brought on by Russia's invasion of its neighbor, even though the route only supplies 5% of the region's demands. Recently, the impending cutoff contributed to a market where petrol prices have increased by more than 50% annually.After the five-year transit agreement expired, Russia's Gazprom PJSC suspended deliveries on New Year's Day, claiming that there were no "technical and legal opportunities" for shipments due to the Ukrainian side's "repeated and explicit refusal to extend these agreements."The Energy Ministry in Kyiv acknowledged the halt, stating that as of 7 a.m. local time, Russian flows across its territory were stopped. Additionally, Slovakia's network operator verified that it was not getting gas.  

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Upcoming IPOs in 2025: LG Electronics, Zepto, Ather Energy, NSDL and 10 more IPOs on the radar

Complete List of India's Most Recent Upcoming IPOs: Examine the IPOs that LG Electronics, Zepto, Ather Energy, and others have planned for 2025. Keep abreast on these significant market entries!Future IPO 2025: As the clock ticks down to 2025, more than 35 businesses have received the green light from market watchdog SEBI, and there are currently 55 businesses in the pipeline awaiting approval. In addition, a number of high-profile businesses from many industries will be preparing for their public debuts in the upcoming year.India's LG Electronics The South Korean electronics giant's initial public offering (IPO) is one of the most anticipated in 2025. Through an Offer-for-Sale (OFS) of 10.1 crore shares, the business hopes to raise Rs 15,237 crore.  

Next Week on Dalal Street: Is the Nifty a bear trap? Why there may be a buying chance in this dip

The markets ultimately gave in to selling pressure after failing to break above key resistance levels, despite remaining in the green after a strong rally the week before. Over the previous five days, the Nifty remained under intense selling pressure.sessions and broke through important daily chart support levels. The Nifty traded in a broad 1,243-point range during the previous few days, and the range stayed broader on the expected lines. Additionally, volatility skyrocketed; on a weekly basis, the India VIX jumped 15.48% higher to 15.07. The main index ended the week down 1,180.80 points (-4.77%) after a poor showing. The Nifty has displayed numerous technical events in recent days, emphasizing the significance of a few critical levels.20-week MA for a while; this emphasizes how crucial these levels are as major market resistance points. In the process, the Nifty dragged the resistance points lower and closed below the crucial 200-DMA, landing at 23,834. Additionally, the Nifty hasfinished at 23,530, just above the critical 50-week MA line. When this level was previously challenged, the markets had produced a spectacular recovery. The way the Nifty behaves in relation to the 50-week MA will dictate the course for the upcoming week as well as the short term.Due to the Wednesday Christmas holiday, the following week is shortened. Monday should be a mild start to the week; possible resistance levels would be 23,750 and 23,830. The lower-side supports are located at 23,500 and 23,285.  

As the Fed dampens sentiment ahead of the BoE, the UK's FTSE drops to a one-month low.

Both the FTSE 100 and FTSE 250 midcap indexes saw a 1% decline. At 1200 GMT, the BoE is anticipated to hold rates at the policy decision. UK gilt yields and sterling are rising. Fears of slower-than-expected rate decreases cause homebuilders to decline. Water utilities benefit after a 36% increase in water billsDecember 19, Reuters As the U.S. Federal Reserve's overnight forecast of a slower path of interest-rate decreases lowered investors' risk appetite globally, the UK's flagship FTSE 100 stock index fell 1% and returned to its close to one-month low on Thursday.was down 1% as of 0900 GMT, reaching its lowest level since Nov. 21. This was just two days ago, mirroring the day's decline in European and Asian markets as well as Wall Street's decline the day before. Ahead of Donald Trump's second term in the White House next month, the Fed's new predictions called for two 25-basis-point rate reduction in the next year due to growing inflation. Policymakers expressed concerns about inflation possibly rekindling, which may keep rates higher for longer. They anticipate slightly greater economic growth and lower unemployment next year.Additionally, a rise in British gilt yields and a stronger pound sterling continued pressure on UK stocks. Ahead of a local monetary policy announcement at 1200 GMT (7:00 a.m. ET), where the Bank of England is anticipated to maintain rates at their current levels, investors were also on edge. The top of the watch list will be any clues on the direction of policy going forward, particularly in light of this week's impressive wage statistics. Fears of a slower-than-expected pace of rate cuts caused Homebuilders (.FTNMX402020), which opens a new tab, to drop 1.6%. Lenders (.FTNMX301010) and investment banking sub-indices (.FTNMX302020) both saw losses of more than 1% during a general market downturn.  

The CBDT starts a campaign to alert taxpayers to discrepancies between their submitted ITR and AIS.

New Delhi: The income tax department announced on Tuesday that it is emailing and texting taxpayers and non-filers in cases where it has discovered discrepancies between the income reported in ITRs for the fiscal years 2021–2022 and 2023–2024 and the transactions reported in the Annual Information Statement (AIS). To help taxpayers resolve discrepancies between the income and transactions reported in the AIS and those declared in Income Tax Returns (ITRs) for the fiscal years 2023–2024 and 2021–2022—the Central Board of Direct Taxes (CBDT) announced in a statement that it has started an electronic campaign.Additionally, this effort targets people who have not filed ITRs for the relevant years but have taxable income or large high-value transactions recorded in their AIS.The program is a component of the e-Verification Scheme, 2021's implementation. The program is a component of the e-Verification Scheme, 2021's implementation.Informational messages about discrepancies between transactions reported in AIS and filed ITRs have been delivered to taxpayers and non-filers via email and SMS as part of this campaign.A taxpayer's complete perspective of information is provided by the Annual Information Statement (AIS). Through the income tax department portal, taxpayers can view AIS and comment on the data it displays. Both the reported value and the modified value—that is, the value after taking taxpayer feedback into account—are displayed by AIS.  

Today's stock market: Broadcom rises 24% to reach $1 trillion in market capitalization, as the Dow and S&P 500 contain weekly losses

Despite Broadcom's (AVGO) surge to all-time highs, which was propelled by the chipmaker's optimistic AI-powered sales forecast, stocks saw minimal movement at the end of Friday's session.While the tech-heavy Nasdaq Composite (^IXIC) rose 0.1%, the S&P 500 (^GSPC) closed flat. The Dow Jones Industrial Average experienced a 0.1% decline.The blue-chip index recorded its sixth consecutive losing session, the longest since late February 2020, shortly before the pandemic, as the S&P 500 and Dow reported weekly losses. After management projected an AI sales gain of over 65%, a far faster pace than anticipated, Broadcom's market capitalization surpassed $1 trillion. The stock of Broadcom went up more than 20%.While Nvidia (NVDA) and AMD (AMD) declined, Marvell Technology (MRVL) and Taiwan Semiconductor (TSM) also saw increases, making Broadcom's competitors somewhat divided. On Friday, however, the Nasdaq 100 (^NDX) reached new heights as EV behemoth Tesla (TSLA) surged 4% to close at a new high. Delayed Quote (SNP) • USD S&P 500 (^GSPC)  

In 2025, the Russian finance ministry anticipates that foreign investors will return to the Russian market.

A decree issued by the Russian president and approved by the Finance Ministry and Central Bank offers assurances to new foreign investors in the Russian stock market.December 12, Moscow /TASS/. During parliamentary hearings in the State Duma, Deputy Finance Minister Alexey Moiseyev stated that following the premise that "greed wins," foreign investors will return to the Russian market in the upcoming year.He added that the first indications of this inflow will appear next year. "Those of us who have watched the financial markets for a long time know that in the end, greed wins out, over everything else," he said.Furthermore, according to Moiseyev, the Russian president has approved a regulation issued by the Finance Ministry and the Central Bank that offers guarantees to new foreign investors on the Russian stock market, thereby increasing market capacity.  

A significant change in China's monetary policy sparked a stock market boom. Yet 'a lot of instability' remains a threat.

Monday saw a surge in Chinese stocks following the nation's indication of a more aggressive stimulus plan for the upcoming year. According to China state media Xinhua News Agency, Beijing's senior leaders announced they will adopt a "more proactive" fiscal policy and a "moderately loose" monetary policy.Hui Shan, the chief China economist at Goldman Sachs, wrote in a note to clients on Monday, "We view the outcome as an upside surprise due to stronger easing rhetoric, relative to the low market expectations prior to the meeting." The team also anticipates the announcement of "more concrete demand-side stimulus measures" early next year. Interestingly, the economist notes that China last referred to its monetary policy stance as "moderately loose" in 2009–2010.Following the remarks, Hong Kong's benchmark Hang Seng Index (^HSI), which is dominated by huge Chinese stocks, increased by almost 3% on Monday. The upward movements were echoed by other Chinese-listed corporations and exchanges. On Monday, China's benchmark CSI 300 (000300.SS) increased by more than 1%. Chinese e-commerce behemoths Alibaba (BABA), PDD Holdings (PDD), and JD.com (JD) also saw at least 9% increases in their stock prices. XPeng (XPEV, 9868.HK), a Chinese manufacturer of electric vehicles, too had double-digit growth, increasing by about 14%.  

Mideast Stocks US rate decrease wagers and OPEC+ output delays boost the majority of Gulf markets.

Investor confidence in a U.S. interest rate decrease and a possible postponement of OPEC+'s planned output increase helped most Gulf stock markets close higher Thursday. The CME Group's FedWatch Tool indicates that markets presently perceive a 74% possibility of a 25-basis-point rate drop this month.The U.S. payrolls report on Friday is likely to draw the market's attention, and the November inflation data is anticipated the following week. Because the majority of the Gulf region's currencies are based on the U.S. dollar, the Fed's choices have an effect on the region's monetary policy. Al Taiseer Group <4143.SE>, a manufacturer of alumThe index <.FTFADGI> increased by 0.1% in Abu Dhabi. A source told Reuters that OPEC+ had decided to postpone a planned increase in oil output until April 2025, which caused oil prices, which are a major driver of the Gulf's financial markets, to recoup some of their gains. As it struggles with poor demand, particularly from China, and expanding supply outside the producer group, OPEC+—the Organization of the Petroleum Exporting Countries plus allies, including Russia—is attempting to support prices with the anticipated delay. The largest lender in the Gulf, Qatar National Bank <QNBK.QA>, saw a 0.6% increase, driving a 0.5% increase in the benchmark Qatari stock <.QSI>.Egypt's blue-chip index <.EGX30> ended the day flat outside the Gulf. At a news conference on Wednesday, Prime Minister Mostafa Madbouly announced that Egypt intends to list three or four military-owned businesses on the stock exchange. The government's comprehensive IPO calendar would be made public the following week. Saudi Arabia At 11,932, <.TASI> increased by 0.4%. Abu Dhabi .FTFADGI> increased by 0.1% to 9,277 Dubai At 4,820, <.DFMGI> dropped 0.7%. Qatar At 10,392, <.QSI> increased by 0.5%. Egypt At 30,840, <.EGX30> was flat. Bahrain At 2,036 <.BAX> closed the flat. OMAN eased 0.1% to 4,572 <.MSX30> KUWAIT <.BKP> increased 7,808 by 0.2%.0.SE> increased 3.6%, contributing to the 0.4% advance in Saudi Arabia's benchmark index <.TASI>.  

The yield on the 10-year Treasury note increases as investors wait for further job statistics.

As investors expected additional labor data that was due this week, U.S. Treasury yields increased on Wednesday.The yield on the 10-year Treasury increased by almost three basis points to 4.2478% at 4:28 a.m. ET. In the meantime, the yield on the 2-year Treasury increased by over one basis point to 4.1814%.With the release of the ADP Employment Change report for November on Wednesday, investors are anticipating additional labor data this week. According to economists surveyed by Dow Jones, the report's measure of private sector employment growth in the United States is expected to increase by 163,000 positions over the previous month.This follows the release of the JOLTS job opportunities data on Tuesday, which revealed that 7.74 million job openings were posted in October, exceeding Dow Jones projections of 7.5 million and up from September. The most important economic news this week is the November jobs report, which will be released on Friday and is eagerly anticipated by investors. According to economists surveyed by Dow Jones, it is anticipated to reveal that the U.S. economy added 214,000 jobs last month, up from 12,000 positions in October. The unemployment rate increased from 4.1% to an expected 4.2% in the previous month.The employment report is significant since it will be the last analysis of the labor market before the Fed's meeting on December 17–18, when officials will make the decision to hold or lower interest rates. Investors will be eagerly watching Federal Reserve Chairman Jerome Powell's speech in New York on Wednesday, where he will participate in a moderated discussion, for hints regarding interest rate policy. In other news, French parliamentarians are set to pass a vote of no confidence in Prime Minister Michael Barnier's shaky minority government on Wednesday.