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<ul><li>The Indian stock indices opened flat on Thursday, a day after Trump’s victory.</li><li>FIIs continued to remain net sellers in the Indian market in November.</li><li>The <keyword id="20641216" type="General" weightage="20" keywordseo="Nifty-50" source="keywords">Nifty 50</keyword> index opened flat at 24,489.60 points, while the <keyword id="19950208" type="General" weightage="20" keywordseo="BSE-Sensex" source="keywords">BSE Sensex</keyword> index was down to 80,248.60 points</li></ul>Indian stock markets opened flat with a marginal dip on Thursday after Donald Trump's victory, while FIIs continued to remain net sellers in Indian markets. The Nifty 50 index opened flat at 24,489.60 points, while the BSE Sensex index was down marginally by 0.16% during early trade to 80,248.60 points. Experts noted that global markets supported Trump's victory on Wednesday, and his success in the elections is expected to be more potentially transformative than initially thought. However, his decisions could have both positive and negative impacts on different sectors. "The Trump victory is turning out to be more potentially transformative than thought earlier. With the Congress and the Senate coming under Republican control and President Trump exercising power without bothering about another term in office, hugely transformational decisions are possible in the months following Trump's assumption of office. These decisions may turn out to be both good and bad" said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. "His pro-business initiative of 'America First' can strengthen the American economy. But if he walks his talk and imposes a 60% tariff on Chinese imports and a 10 to 20% tariff on imports from other countries, that would trigger inflation and jeopardise the Fed's policy of containing inflation, necessitating a rethink of the Fed's present policy of rate cut. This has the potential to negatively impact global stock markets,” Vijayakumar added. In the sectoral indices, a mixed performance was seen on the National Stock Exchange, with Nifty Auto, Nifty Pharma, Nifty IT, and Nifty FMCG gaining, while Nifty Bank, Nifty Metal, and Nifty Private Bank declined. In the quarterly announcements today, Mahindra &amp; Mahindra, Trent, Rail Vikas Nigam, Linde India, Lupin, NHPC, and Aditya Birla Fashion &amp; Retail are some of the major companies set to announce their second-quarter financial performance. In other Asian markets on Thursday, Japan's Nikkei index was down marginally by 0.4%, while Hong Kong's Hang Seng gained 0.68%. Taiwan's weighted index also rose by 1.07%, and South Korea's KOSPI index was up by 0.41%. In China, the Shanghai Composite also gained 0.75% after Trump's return. U.S. markets on Wednesday rallied on Trump's victory, with the S&amp;P 500 and Nasdaq indices both surging more than 2%. “US is the largest market for India's $254 bn tech sector where its overall contribution is $80 bn to US GDP. Importantly, the industry plays a key role in supporting US companies in strengthening the US economy. Conversely, India is a prime destination for American businesses, with over 1,000 U.S. companies that are driving innovation and leveraging India’s digital infrastructure to create competitive solutions,” said Indian trade body Nasscom in a statement. With inputs from ANI. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/skoda-kylaq-suv-launched-in-india-starting-at-7-89-lakh/articleshow/115013668.cms">Skoda Kylaq SUV launched in India starting at ₹7.89 lakh</a> <a href="https://www.businessinsider.in/stock-market/webstories/swiggy-ipo-gmp-risk-factors-and-all-you-need-to-know/slidelist/115004939.cms">Swiggy IPO – GMP, risk factors and all you need to know</a> <a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-ipo-indias-biggest-telco-to-go-public-in-2025-retail-ipo-further-away/articleshow/114944496.cms">Reliance Jio IPO – India’s biggest telco to go public in 2025, retail IPO further away</a>

Nifty and Sensex continue downward trend, selling continues despite Trump's victory

Benchmark indices <keyword id="6354813" type="General" weightage="20" keywordseo="nifty" source="Orion">Nifty</keyword> and Sensex recovered from their losses last week to close in greens on Monday. While Sensex inched up over 690 points to close at 79,476.63 points, Nifty closed the day over the 24k mark, at 24,213.30, up by 217 points. During the day, Sensex had soared 740.89 points, or 0.94%, to touch 79,523.13 points. From the 30-share Sensex pack, JSW Steel surged nearly 5% while Tata Steel jumped nearly 4%. Axis Bank, IndusInd Bank, HDFC Bank, State Bank of India, Kotak Mahindra Bank, and UltraTech Cement were also among the big gainers. On the other hand, Tech Mahindra, Lupin, Britannia, and Infosys were among the major laggards on Sensex. On Nifty, where 39 stocks advanced during the day and the remaining 11 saw declines, Tata Steel, Hindalco, and JSW Steel were among the top gainers. Adani Ports, ITC, Bharti Airtel, and Asian Paints were among the leading laggards. In Asian markets, Tokyo, Shanghai, and Hong Kong settled in the positive territory, while Seoul ended lower. Yesterday, the BSE benchmark tumbled 941.88 points, or 1.18%, to settle at 78,782.24, the lowest closing level since August 6. The Nifty had also tanked 309 points, or 1.27%, to close at 23,995.35. Foreign Institutional Investors (FIIs) continued with their hefty exodus, offloading equities worth Rs 4,329.79 crore today, according to exchange data. So far in November, DIIs (domestic institutional investors) have put in Rs 2,558.75 crore in Indian markets. Global oil benchmark Brent crude climbed 0.60% to $75.53 a barrel today. <h2>Banks, metals lead the party</h2> Aditya Gaggar, Director of Progressive Shares, explains that while bears dominated the first half of trading session by dragging the index lower; it was the banking counters that led to a sharp up move and pushed the index higher from its previous session's low. The Metal stocks also joined the party and pushed the index further higher to end the session at 24,213.30 with gains of 217.95 points. Mid and smallcaps also advanced but underperformed the frontline index", he added. Today's rally was largely led by banking scrips. The BSE Bankex jumped a staggering 1,218.58 points during the day. On NSE, both banks and financial services indices inched up by 1.94% and 1.98% respectively during the day. While PSU bank counters were up by 1.84%, private banks surged ahead with a 1.94% growth during the day. Metals were amidst the highest gainers, rising 2.84% during the day. All broad market indices closed the day in green, except for India VIX, which tumbled 4.08%.

Sensex, and Nifty rebound to greens, metals and banks lead the rally on bourses today

<keyword id="20459350" type="General" weightage="20" keywordseo="Indian-stock-markets" source="keywords">Indian stock markets</keyword> opened lower on Monday, November 5th, marking a reversal from the previous day's Muhurat trading gains. The <keyword id="19896381" type="General" weightage="20" keywordseo="Nifty" source="keywords">Nifty</keyword> 50 index and the BSE <keyword id="19896382" type="General" weightage="100" keywordseo="Sensex" source="keywords">Sensex</keyword> both declined in early trade. Sensex tumbled 665.27 points to 79,058.85 in early trade while Nifty tanked 229.4 points to 24,074.95. Experts attribute this week's <keyword id="20152750" type="General" weightage="20" keywordseo="market-volatility" source="keywords">market volatility</keyword> to several <keyword id="21145229" type="General" weightage="20" keywordseo="global-factors" source="keywords">global factors</keyword>: <ul><li><keyword id="20189882" type="General" weightage="20" keywordseo="US-presidential-election" source="keywords">US presidential election</keyword>: The outcome of the US Presidential Election on November 5th is expected to have a significant impact on global markets.</li><li><keyword id="19913707" type="General" weightage="20" keywordseo="Fed-rate-cut" source="keywords">Fed rate cut</keyword>: The Federal Reserve's decision on interest rates, anticipated to be a 25 basis point cut, will also influence market sentiment.</li><li>OPEC+ decision: The OPEC+ alliance's decision to maintain oil production levels could impact energy prices and global economies.</li><li><keyword id="19921921" type="General" weightage="20" keywordseo="Warren-Buffett" source="keywords">Warren Buffett</keyword>'s cautious stance: Warren Buffett's increased cash holdings and reduced share buybacks signal a potential downturn in US markets.</li></ul><h2>Domestic market outlook </h2>Given these global uncertainties, investors are advised to adopt a cautious approach. The Nifty IT index declined, while other sectoral indices showed mixed trends. Several companies, including Indian Railway Finance Corp, IRCTC, Exide Industries, Raymond, Sundaram Finance, and ABB India, are scheduled to announce their <keyword id="20063733" type="General" weightage="20" keywordseo="quarterly-results" source="keywords">quarterly results</keyword> today. <h2>Asian markets mixed</h2>In Asian markets, South Korea's KOSPI led the gains, while Japan's Nikkei was closed for a holiday. Hong Kong's Hang Seng and Taiwan's Taiwan Weighted also saw modest gains. As the week unfolds, investors will closely monitor global developments and their potential impact on Indian markets. (With inputs from agencies)

Nifty and Sensex dip post-Muhurat rally; experts blame THESE global factors

<ul><li>Stock markets on Tuesday continued the downward trend amid continuous selling by FIIs.</li><li>Several key events, including the US Fed meeting, elections and China’s standing committee meeting may put pressure on the markets.</li><li>The Nifty 50 index declined by 78 points to open below the 24,000 mark at 23,916.50 points.</li></ul>Stock markets in India continued their downward trend on Tuesday, indicating continuous selling by foreign investors. The Nifty 50 index declined by 78 points to open below the 24,000 mark at 23,916.50 points, while the BSE Sensex also plummeted by 240 points to open at 78,542.16. Experts noted that volatility may continue this week as various events unfold, including the U.S. elections and the <keyword id="20950838" type="General" weightage="20" keywordseo="Federal-Reserve-meeting" source="keywords">Federal Reserve meeting</keyword>. Investors are advised to proceed cautiously, as domestic investors cannot afford another month of FII selling. "Peak event risk and heightened volatility ahead of the last stretch of a very polarising US Election. Still three big events this week: The US Election result, the FOMC rate cut announcement and the China standing committee meeting outcome on Friday. Add on possible Iranian action on Israel and you have a full week of worries and risk off. Stay on the sidelines and wait out the week. DIIs can't absorb another month of ₹1,00,000 crores of FII selling. Don't wade into any market rise in a rush, give the market time",” said Ajay Bagga, Banking and Market Expert to ANI. In the sectoral indices on the National Stock Exchange, all indices opened in the red except Nifty Metal. Nifty Media and Nifty Oil and Gas saw the biggest declines, each down by 0.4% in the opening session. In the Nifty 50 list, 13 shares opened in advance while 32 shares declined at the opening session. HCL Tech, Tata Steel, and Dr. Reddy's emerged as the top gainers in the opening session, while BPCL, Power Grid, Titan, and BEL opened as the top losers in Nifty 50. In today's quarterly results announcements, Titan Company, GAIL India, Mankind Pharma, Dr. Reddy's, Max Healthcare, Mazagon Dock Shipbuilders, PB Fintech, Oil India, JK Tyre, and Berger Paints are some of the major companies set to announce their second-quarter FY25 numbers. In other Asian stock markets on Tuesday, Japan's Nikkei index gained more than 1%, while other markets were flat. The Hang Seng index gained 0.47%, Taiwan's Taiwan Weighted index was up by 0.27%, and South Korea's KOSPI index was down by 0.30%. With inputs from ANI. SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/realme-gt-7-pro-with-snapdragon-8-elite-6500mah-battery-to-launch-in-india-on-november-26/articleshow/114945858.cms">Realme GT 7 Pro with Snapdragon 8 Elite, 6,500mAh battery to launch in India on November 26</a> <a href="https://www.businessinsider.in/business/telecom/news/reliance-jio-ipo-indias-biggest-telco-to-go-public-in-2025-retail-ipo-further-away/articleshow/114944496.cms">Reliance Jio IPO – India’s biggest telco to go public in 2025, retail IPO further away</a> <a href="https://www.businessinsider.in/business/auto/news/october-auto-sales-maruti-suzuki-and-tata-motors-report-a-decline-mahindra-continues-to-grow/articleshow/114931927.cms">October auto sales – Maruti Suzuki and Tata Motors report a decline, Mahindra continues to grow</a>

US elections, Fed meeting, China's meet on stimulus will keep pressure on Indian stocks: Experts

It was a lackluster <keyword id="19940291" type="General" weightage="20" keywordseo="Diwali" source="keywords">Diwali</keyword> for <keyword id="19896381" type="General" weightage="100" keywordseo="Nifty" source="keywords">Nifty</keyword> and <keyword id="19896382" type="General" weightage="20" keywordseo="Sensex" source="keywords">Sensex</keyword>, with both indices closing the day in the red. While Nifty closed at 24,205.35 points, down by 0.56%, Sensex dipped around 553 points to end Thursday at 79,389.06 points. Experts noted that India needs measures on both fiscal and monetary fronts to boost growth. 34 of Nifty50 stocks saw declines, while the remaining 16 saw advances. On Sensex, only 4 scrips ended their day in the green, while 26 others remained in red. "Happy Diwali and Shubh Samvat 2081. We are going into Samvat 2081 with a consensus that markets will be challenged and will mean revert, leading to an underpowered year coming up. Predictions are at best intelligent guesstimates, so we will refrain from that. What is clear is that some countercyclical measures are needed from India, both on the fiscal and monetary front, to tackle the issue of "not as sharp growth in aggregate demand," Ajay Bagga, Banking and Market Expert told ANI. He further added, "The festival season is key to the annual consumption numbers, and the combination of 35 lakh marriages and around Rs 4.5 lakh crores of private consumption expenditure is expected to provide some relief from a slowing growth trajectory.". Cipla (up by 9.5%), LT (up by 6.23%), ONGC (up by 2.04%), Dr. Reddy (up by 1.93%), and Mahindra and Mahindra (up by 1.61%) were among the day's top gainers. HCL Tech, Tech Mahindra, TCS, Asian Paints, and Infosys were the leading laggards on NSE. As for sectoral indices, IT declined by over 3% during the day, while media, pharma, and healthcare inched up by over 1% each. Smallcaps had a gala day on the bourses today, rising by over 1%. Nifty microcaps 250 also jumped by 2.14% today. Hrishikesh Yedve, AVP Technical, and Derivatives Research at Asit C. Mehta Investment Intermediates Ltd, said that “Nifty opened flat and traded within a narrow range, ending the day with a negative close at 24,205. Notably, the <keyword id="19908884" type="General" weightage="20" keywordseo="smallcap" source="keywords">Smallcap</keyword> 100 index outperformed the benchmark, gaining about 1.15%. Meanwhile, <keyword id="20110975" type="General" weightage="20" keywordseo="india-vix" source="keywords">INDIA VIX</keyword>, which initially surged around 4%, settled up by 0.35% at 15.57, indicating a slight cooling of volatility.". Hefty selling by <keyword id="19950996" type="General" weightage="20" keywordseo="FIIs" source="keywords">FIIs</keyword> continued well into the last day of the month, with foreign investors selling stocks worth Rs 4,613.65 crore on Wednesday. So far this month, FIIs have offloaded a staggering Rs 1,08,632.59 crore worth of stocks in <keyword id="19991358" type="General" weightage="20" keywordseo="Indian-markets" source="keywords">Indian markets</keyword>. DIIs, on the other hand, purchased Rs 1,03,740.09 crore worth of stocks during the month. Rajesh Bhosale, Equity Technical Analyst, Angel One, explained that as October concluded, it marked a challenging month for bulls, erasing gains accumulated over the past two months, with Nifty dropping more than 6%, one of the steepest monthly declines in recent times, which has impacted the monthly chart's structure. "Throughout the week, the 24,100–24,000 zone provided some support due to oversold conditions, but the index faced persistent resistance on attempted rebounds. Despite multiple efforts, prices couldn’t surpass the 24,500 level. A strong close above this range is needed before considering aggressive positions, as the market seems poised for a phase of high volatility, he continued. "The banking sector, which has shown relative strength but stalled at key levels, will be crucial in determining the market’s next move. Traders should keep a close eye on this sector for guidance. Notably, the week saw improved market breadth with several individual stocks posting notable gains. However, a selective approach remains essential in this volatile environment", continued Bhosale. The immediate focus is on the core personal consumption expenditures (PCE) data due later in the day to assess the Fed's policy stance ahead of the next rate decision on Nov 7. Traders see a nearly 95% chance of a quarter-basis-point Fed rate cut next week, the CME FedWatch tool showed.

Nifty and Sensex end this Diwali in red, muhurat trading to take place tomorrow

It was an all-red show on both the bourses today, with Sensex tanking 941.88 points to close the day at 78,782.24 points. <keyword id="19896381" type="General" weightage="100" keywordseo="nifty" source="keywords">Nifty</keyword> followed suit, dipping around 309 points to close at 23,995.35 points, hitting a 4-month low. <keyword id="20110975" type="General" weightage="20" keywordseo="india-vix" source="keywords">India VIX</keyword>, which gauges volatility and fear prevalent in the market, rose by over 5% during the day. Out of the 50 stocks in Nifty, 42 declined during the day, while 8 advanced. A similar bloodbath was seen on Sensex, which saw only 6 of its constituents inch up today, while another 24 dipped by as much as 3%. Says Aditya Gaggar, Director of Progressive Shares, “The bears dominated today's trade. In the opening trade itself, the index breached its psychological support of 24,000 with ease and continued to trade lower; however, in the last trading session, a meaningful recovery was seen that helped the index to settle the trade at 23,995.35 points.”. “All the sectors ended the day in red, with <keyword id="20304716" type="General" weightage="20" keywordseo="realty" source="keywords">Realty</keyword> (down by 2.93%) and Energy (down by 2.48%) being corrected the most. In the broader markets, the disparity was observed where the midcap moved in line with the frontline index while small-caps underperformed.” Amidst broader indices, the midcap 100 fell by 1.26%, while the smallcap 100 index dipped by 1.97%. Other smallcap indices, specifically the smallcap 50 index, fell by over 2% today. Clearly, the markets are on tenterhooks ahead of the US presidential election results due tomorrow and the US Fed’s meeting, scheduled for November 7, 2024. While it remains too close a call to declare anyone a straight winner at the moment, polls suggest that <keyword id="19918985" type="General" weightage="20" keywordseo="donald-trump" source="keywords">Donald Trump</keyword> is ahead of <keyword id="20307089" type="General" weightage="20" keywordseo="kamala-harris" source="keywords">Kamala Harris</keyword> in all 7 swing states (Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin). Both <keyword id="19906203" type="General" weightage="20" keywordseo="trump" source="keywords">Trump</keyword> and <keyword id="19919589" type="General" weightage="20" keywordseo="harris" source="keywords">Harris</keyword> are set to close their campaigns today with rallies in Pennsylvania. It is largely believed that results in these states will be instrumental in deciding who makes it to the White House this time around. The FII exodus and weak corporate Q2 earnings are further pushing the Indian market down. In November so far, FIIs have offloaded Rs 211.93 crore in the cash segment Indian markets. DIIs (domestic institutional investors), which had been net buyers in October, making purchases worth Rs 1,07,254.68 crore, also turned net sellers during the first 4 days of November, selling off Rs 377.33 crore in the cash segment so far Says Lemonn’s Gaurav Garg, “From a fundamentals perspective, Indian market outlook in the short term remains weak as Q2 earnings disappointed while valuations are still not in an attractive zone despite the ~8% climbdown from all-time highs hit in late September. On a 12-month forward P/E basis, Nifty 50 is still trading at 21.2x, at about 15.7% premium to its 10-year average of 18.3x. FII selling remained a key factor even after record outflows of 1.14 lakh crores in October. Global markets are bracing for volatility post-US elections, and we are seeing the impact of these safe haven flows ahead of the event.” The Indian markets are also bracing for a 25-basis point rate cut by the <keyword id="19901377" type="General" weightage="20" keywordseo="us-federal-reserve" source="keywords">US Federal Reserve</keyword> on November 7, 2024. Per the CME Fed Watch, a staggering 98.1% believe that a 25 basis point reduction in interest rates is on the cards. Osho Krishan, Senior Analyst, Technical &amp; Derivatives, Angel One Ltd. notes that the US election, which is due in a day, is likely to raise the volatility bar and needs to be tracked closely for the intermediate trend analysis. “For now, one must stay light on positions as India VIX heads northward to the 17-odd zone and maintain a stock-centric approach," he adds.

Sensex down by over 900 points, Nifty tanks 300 points ahead of US election results

The <keyword id="6422463" type="General" weightage="20" keywordseo="us-presidential-elections" source="Orion">US presidential elections</keyword> have always been a global spectacle, with both geopolitical and economic implications for almost the entire world. The primary uncertainty, as with any election, is who will win. But after the last election, when President <keyword id="19918985" type="General" weightage="100" keywordseo="donald-trump" source="keywords">Donald Trump</keyword> refused to concede in 2020, the suspense also involves whether the candidates will accept the verdict. Moreover, an added layer of uncertainty is the continued ambiguity over the specific policy measures that both Republican and Democratic candidates will take during the first few weeks. The result of all these uncertainties, along with the growing geopolitical conflicts and economic turbulences, is a <keyword id="6357440" type="General" weightage="20" keywordseo="stock-market" source="Orion">stock market</keyword> that’s wobbling beyond bounds. As investors flock to safer asset classes like gold and bonds, the Indian stock market has been on a downward spiral for over a month now, dropping almost 10% from its peak in late September. <h2>Sensex, Nifty tumbles on Monday</h2>On Monday, November 4, Indian stock markets continued to experience heightened volatility. The <keyword id="20783156" type="General" weightage="20" keywordseo="sensex-and-nifty" source="keywords">Sensex and Nifty</keyword> indices have each dropped by nearly 2% by noon, reflecting investor caution and aligning with recent market declines. On Monday morning, investors' wealth eroded by Rs 7.37 lakh crore as the equity markets fell sharply over 1000 points. “As October concluded, it marked a challenging month for bulls, erasing gains accumulated over the past two months, with Nifty dropping more than 6% one of the steepest monthly declines in recent times, which has impacted the monthly chart's structure… a breach below this week's support range of 24100–24000 could trigger further weakness, possibly pulling prices toward the 200 SMA near 23500,” says Sameet Chavan, Head Research, Technical and Derivative - Angel One. The turbulence is mirrored across major sectors, with substantial drops in IT, pharma, and financial stocks. High-profile stocks such as Reliance Industries, Hero Motorcorp, Coal India, ONGC and Tata Motors are all facing significant declines, with all these stocks down over 3%. Additionally, the Indian rupee has weakened to record lows, and government bond yields have risen, indicating investors are positioning for an extended period of uncertainty. The heightened volatility, alongside the U.S. election dynamics, is creating both caution and opportunities for Indian traders. With high demand for safer assets, this period could offer gains for those correctly positioned, but for the broader market, these fluctuations highlight the risks tied to global dependencies and the complex U.S.-India economic linkages. <h2>What should retail investors do?</h2>While the Sensex has seen a 7% dip from recent highs, the rupee has touched a historic low, and government bond yields are up by 14 basis points. The experts recommendations are also varying on what the investors should do at this crucial juncture. Given the growing uncertainties, retail investors should wait before deploying more capital, focusing on high-quality stocks and avoiding frothy small and midcap stocks that may carry heightened risks in the current environment, says the market expert Vijay Chopra. "Retail investors can look into buying shares of good companies where valuations are reasonable. This market correction is a good opportunity to buy as India's growth path is intact," says Shriram Subramanian, Founder and MD, InGovern Research Services. Overall, Indian investors and market analysts recommend a cautious approach. While the U.S. election creates a unique atmosphere of uncertainty, sticking to core investment principles—like diversification and long-term planning—can provide a buffer against the volatility expected over the coming weeks. Indian investors are increasingly aware that while the U.S. election is a spectacle to follow, broader economic indicators and global trends will ultimately shape the markets more than any one election outcome. <h2>Expectations from the US presidential election 2024</h2> <div type="image" title="Donald Trump vs Kamala Harris" agency="ETMarkets.com" msid="114938964" hostid="261" caption="&amp;lt;p&amp;gt;Representational image&amp;lt;/p&amp;gt;"></div> As the U.S. prepares for its 2024 presidential election, the Indian markets are not immune to the volatility. With Vice President <keyword id="20307089" type="General" weightage="20" keywordseo="kamala-harris" source="keywords">Kamala Harris</keyword> and former President Donald Trump in a tight race, stakes are high even for the Indian retail investors. The next U.S. administration’s policies could ripple through global markets, including India’s. As per the experts, three primary issues in the U.S. election — tariffs, immigration, and taxation — could directly affect the Indian economy and investor sentiment, according to an analysis from <a href="https://economictimes.indiatimes.com/prime/economy-and-policy/trump-will-tower-over-the-markets-this-week/primearticleshow/114931074.cms">The Economic Times</a>. Trump’s administration has historically used tariffs to curtail China’s manufacturing dominance, and if he wins, a continuation or even expansion of these tariffs could push inflation up. The ripple effect could push costs of imports and exports higher across emerging markets like India, affecting key sectors that trade with the US like IT, industrials, and manufacturing sectors. In terms of immigration, a potential Trump victory could bring renewed scrutiny on H-1B visas, which are crucial for India’s tech sector as nearly 75% of these visas go to Indian workers. On the other hand, a Harris administration is likely to adopt a more lenient approach, but specifics would depend on Congress. Regarding taxation, Trump’s policies are often seen as pro-business, but Harris has proposed tax reforms aimed at higher corporate taxes, which could lower S&amp;P 500 earnings by as much as 5.5%. The central role of the US dollar and investments in the global economy means that any volatility in American markets often has a cascading effect on emerging markets. As it stands, uncertainty has already driven the CBOE Volatility Index (VIX) higher, commonly referred to as Wall Street’s “fear gauge,” reflecting increased anxiety among global investors. For Indian markets, this could mean a series of short-term fluctuations, but a steady, diversified approach remains essential. History shows that while elections create immediate market ripples, longer-term impacts are typically moderate. (With inputs from agencies) Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend readers consult certified, qualified and registered advisors for professional and personalised financial advice.

Indian stock markets wobble as uncertainty builds around the U.S. election this week. What should investors do?

<keyword id="19940291" type="General" weightage="20" keywordseo="Diwali" source="keywords">Diwali</keyword> is just around the corner, and most traders and stockbrokers are gearing up for <keyword id="23618998" type="General" weightage="100" keywordseo="Muhurat-trading" source="keywords">muhurat trading</keyword>, which will take place on Friday, November 1 this year, between 6 and 7 pm. The one-hour trading session will mark the beginning of the new year in the Hindu calendar, or Samvat 2081. Generally, markets don't see much trade or activity during this one-hour session, given that muhurat trading is largely symbolic. It stems from the Indian tradition of closing our annual financial accounts on the day of Diwali and then starting afresh with the upcoming new year. Investors look to make their first profitable transaction of the new year and believe that any new investments during this one-hour window will bring them long-term prosperity. Like with usual trades, settlement happens on a T+1 basis. Gaurav Garg, who heads the markets desk at Lemonn, a new-age <keyword id="20300872" type="General" weightage="20" keywordseo="stock-trading" source="keywords">stock trading</keyword> app, explains that retail investors usually make symbolic purchases of small quantities of stocks or invest in blue-chip stocks or large-cap stocks as part of their portfolio-building strategy during muhurat trading. "Here, it is less about immediate profits and more about its cultural and traditional aspects. The number of trades in this session also tends to be 20–30% lower, compared to a typical trading day, since institutional investors and high-frequency traders stay away from muhurat trading," he adds. <h2>How has the market performed during muhurat trading in the past?</h2>Much like us, the markets also put on a positive, festive outlook during this time. Data suggests that over 10 years, muhurat to muhurat returns, i.e., the performance of <keyword id="19896381" type="General" weightage="20" keywordseo="Nifty" source="keywords">Nifty</keyword> or <keyword id="19896382" type="General" weightage="20" keywordseo="Sensex" source="keywords">Sensex</keyword> from one Diwali muhurat to that of next year's, has averaged around 11-13%. In fact, in the past decade, the average gain during muhurat trading has been approximately 0.5% to 1% on major indices. Over the last 10 years, 8 out of 10 muhurat sessions have yielded positive returns for investors. In fact, four of these 8 sessions have delivered double-digit returns. Some of these outliers include 2021, i.e., at the peak of the COVID-19 pandemic, where Nifty’s muhurat-to-muhurat returns were a staggering 40.19%. Sensex closely followed suit with 37.65%. 2022 saw the returns from these indices slip into the reds, despite a positive muhurat day performance. While returns on Nifty slipped 1.04% in negative, Sensex was also down by 0.39%. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Year </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Nifty Muhurat-to-Muhurat returns (in%) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Sensex Muhurat-to-Muhurat returns (in%) </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2023 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">10.13 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">9.07 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2022 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-1.04 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-0.39 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2021 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">40.19 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">37.65 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2017 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">18.21 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">15.96 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2014 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">27.29 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">26.43 </td></tr></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody></table>Source: Lemonn Sectorally, consumer goods, automobiles, and <keyword id="19976433" type="General" weightage="20" keywordseo="financial-services" source="keywords">financial services</keyword> are sectors that do well during this time, benefiting from elevated consumer demand and festive momentum. <h2>What can we expect this year?</h2>So far, this hasn't been a great season. <keyword id="20052796" type="General" weightage="20" keywordseo="corporate-earnings" source="keywords">Corporate earnings</keyword> have been disappointing, valuations are elevated, and <keyword id="19900795" type="General" weightage="20" keywordseo="foreign-investors" source="keywords">foreign investors</keyword> are exiting India at a breakneck speed. In October so far, FIIs (foreign institutional investors) have withdrawn a massive Rs 92,142.97 crore from Indian markets. Over the last 24 days, FIIs have functioned on a single aim—sell, sell, and sell. So, expect the markets to remain muted. Overall, the markets seem to be entering a sombre, much-needed phase of recalibration. The same is evident in Nifty's annual growth. Between 2004 to 2021; Nifty was up 16% per annum. However, in the last three years, it's gone up only by 13%. Says Trivesh D, COO, Tradejini, "As we move into Samvat 2081, it’s clear that the euphoria seen in previous years is cooling. Markets are moving in a narrower range, and returns are likely to be more modest than in the past. The focus now shifts to sectors that can provide steady, long-term growth. Financials remain a favourite, with banks, market intermediaries, and exchanges offering stability. The IT sector is also expected to recover as companies adapt to new technologies like generative AI". As markets enter a phase of correction, even IPOs, which have generated wild returns for some investors, may also cool off as investors become wearier. But, for those looking to get in the market in the long haul, experts note that this is a good opportunity to accumulate good-quality stocks. So, happy Diwali, and happy investing this festive season.

Markets and Muhurat trading: How have Sensex and Nifty celebrated Diwali in the past?

After a prolonged selloff and logging a one-year low last week, Indian stock indices showed a promising rebound on Monday, driven by <keyword id="20262950" type="General" weightage="20" keywordseo="value-buying" source="keywords">value buying</keyword> from investors. The <keyword id="19896382" type="General" weightage="100" keywordseo="Sensex" source="keywords">Sensex</keyword> closed at 80,081.30 points, gaining 679 points, while the <keyword id="19896381" type="General" weightage="20" keywordseo="Nifty" source="keywords">Nifty</keyword> surged by 186.55 points to close at 24,367.35. All Nifty sectoral indices moved into positive territory, with the PSU bank index leading the rally at a 3.8% gain. Last week saw significant dips in Indian equities, with the Nifty 50 and Sensex shedding 2.7% and 2.2%, respectively. Additionally, the Nifty corrected by approximately 8.3% from its recent high, while mid-cap and small-cap indices faced steeper corrections of 9-10%. <keyword id="20015748" type="General" weightage="20" keywordseo="foreign-portfolio-investors" source="keywords">Foreign portfolio investors</keyword> (FPIs) have also been net sellers throughout October, pulling out a substantial ₹85,790 crore, following four months of consistent inflows that previously supported the market’s bullish phase. Market experts, however, indicate that <keyword id="21807786" type="General" weightage="20" keywordseo="geopolitical-factors" source="keywords">geopolitical factors</keyword> and macroeconomic uncertainties will continue to influence Indian equities in the near term. “The imminent U.S. presidential elections and associated uncertainty will continue to weigh on markets,” noted V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Nonetheless, positive developments, including strong quarterly results from banks and a decline in <keyword id="21259231" type="General" weightage="20" keywordseo="global-oil-prices" source="keywords">global oil prices</keyword> due to anticipated ease in Middle East retaliations, have boosted investor sentiment. “The <keyword id="21953705" type="General" weightage="20" keywordseo="market-rebound" source="keywords">market rebound</keyword> this week was supported by positive <keyword id="22342488" type="General" weightage="20" keywordseo="banking-results" source="keywords">banking results</keyword> and declining oil prices,” commented Vinod Nair, Head of Research at Geojit Financial Services. He added that the broader market’s stability would depend on stronger <keyword id="20052796" type="General" weightage="20" keywordseo="corporate-earnings" source="keywords">corporate earnings</keyword> and companies with low leverage and solid growth prospects, which are expected to outperform when the market stabilises. While global markets have remained steady in October, the MSCI India Index dropped around 8% from its late-September peak, signalling ongoing caution among investors, as observed by Jitendra Gohil, Chief Investment Strategist at Kotak Alternate Asset Managers.

You Searched For "Nifty" and got 9 results

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Markets and Muhurat trading: How have Sensex and Nifty celebrated Diwali in the past?

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