Tag: India markets
-
ICICI Prudential AMC IPO: Shares Jump 20% on Debut
ICICI Prudential AMC Makes a Striking Market Debut India’s asset management landscape got a bullish nudge as ICICI Prudential Asset Management Company (AMC) opened for trading with a 20% gain following its blockbuster initial public offering. The IPO, valued at 106 billion rupees ($1.17 billion), positioned ICICI Prudential AMC as a heavyweight in the country’s…
-
Nifty 50 Reclaim 26,100; BankNifty Near 59,500 — A Pragmatic Trading Plan
Market Setup and the Bullish Tilt The recent price action in the Nifty 50 has set up a favorable environment for bulls, with the broader trend reinforced by multiple moving averages pointing upward. A confluence of positive momentum indicators adds credibility to the setup, suggesting that the index could reclaim 26,100, the October high, should…
-
Sensex 2026 Target: Morgan Stanley’s 1,07,000 Bull Case
Morgan Stanley’s bold call: Sensex at 1,07,000 by 2026 Investment bank Morgan Stanley has laid out a bullish scenario for the Indian equity market, projecting the Sensex could reach 1,07,000 by December 2026. While the base case remains more cautious, the bull case hinges on a combination of favorable macro factors, policy alignment, and resilient…