Stock market today: The Indian stock market benchmarks, including the Nifty 50 and the Sensex, closed with notable losses on Friday, March 15. Investors exercised caution amidst persisting concerns regarding elevated valuations and market froth in certain segments, prompting profit-taking activities following the substantial gains seen in the previous session.Read More →
Stock market today: The Indian stock market experienced broad-based buying on Thursday, March 14, facilitating commendable gains for the equity benchmarks – the Sensex and the Nifty 50. Concurrently, the second-rung BSE Midcap and Smallcap indices concluded with robust upticks of up to 3 per cent, underscoring a widespread positiveRead More →
Adani Green share price jumped over 9% on Thursday, recouping the previous session’s steep losses, after its subsidiary signed a power purchase agreement with Solar Energy Corporation of India (SECI). Adani Green Energy shares rallied as much as 9.33% to ₹1,887.80 apiece on the BSE. Adani Green Energy said itsRead More →
Indian stock market: The Nifty stayed below the psychological 22,500 mark, with call writers at the 22,500 strikes significantly increasing their positions. On the downside, support is expected to hold at 22,400. The buy-on-dips strategy is likely to persist as long as it remains above 22,400. On the upside, aRead More →
The domestic equity benchmarks witnessed a volatile week but extended their winning streak for a fourth consecutive week to hit new all-time highs –the best such streak in three months. The frontline indices Sensex and Nifty 50 hit fresh record highs in the previous session at 22,525.65 and 74,245.17 respectivelyRead More →
UBS believes India offers the best structural growth story among other large economies and combined with political stability and supportive government policies, India remains in a favorable position and is most preferred in its Asia ex-Japan asset class preferences among equities. The Nifty 50 index has risen 3.5% year-to-date (YTD)Read More →
Market sentiment is buoyant due to strong domestic macroeconomic indicators and increasing optimism regarding potential interest rate cuts by the Federal Reserve in the near future. Nevertheless, experts warn that the market has discounted most positives and a correction could be imminent due to the lack of fresh triggers. “TheRead More →
Trading activity on the BSE and NSE will remain suspended on 8th March 2024 i.e. on Friday this week. As per the list of stock market holidays in 2024, BSE and NSE will remain closed on 8th March 2024 as the whole nation will be celebrating the Mahashivratri festival tomorrow.Read More →
On Monday, the company approved a demerger proposal, splitting it into two distinct listed entities. The first entity will encompass the Commercial Vehicles business and its associated investments, while the second will include the Passenger Vehicles segment, consisting of PV, EV, JLR, and their related investments. In recent years, TataRead More →
Currently trading at ₹125, FedFina is down almost 11 percent from its issue price. The stock witnessed a weak debut and was listed on the bourses at ₹137.7 on November 30. The stock has gained around 5 percent in March so far, snapping 3 months of losses. It fell 9Read More →
