Tata Consumer Products has now joined the ranks of listed Tata Group companies with a market capitalization exceeding ₹1 lakh crore, making it the sixth firm to achieve this milestone. During Friday’s trading session, Tata Consumer stock recorded a 3.8% increase, propelling it past this significant market capitalization threshold. BesidesRead More →
Global incidents, such as the dot-com bubble, 9/11, the US subprime crisis, COVID-19, recent US economic challenges and geopolitical tensions like the Russia-Ukraine conflict and the Israel-Gaza crisis have all significantly impacted the Indian stock market. Let’s explore the relationship between these two economic powerhouses, and understand how the USRead More →
Indian stock market: The Nifty index displayed volatile movements on the last day of the week but managed to close above the crucial level of 21300. The lower-end support for the index is positioned at 21200, presenting a buying opportunity on any dips toward this level. Sustaining above 21300 couldRead More →
Our outlook for CY24 is optimistic, and we forecast a 10-12% return for the Nifty50, the main index. Our initial target for December 2024 is set at 23,600, with a peak of 25,000 and a trough of 18,650. This base target is derived from a 1-year forward P/E of 19x,Read More →
The stock markets will likely experience a range-bound trend during this shortened holiday week, as no significant domestic catalysts are expected, analysts predict. Additionally, there may be increased volatility in stock indices due to the monthly derivatives expiry scheduled for Thursday. It’s worth noting that equity markets will be closedRead More →
Stocks such as Tata Motors and NTPC have surged 87 per cent and 82 per cent, respectively. As many as 27 Nifty 50 stocks have gained over 20 per cent while 40 stocks have gained over 10 per cent in the year so far. Most gains for the benchmark indexRead More →
Frontline indices Nifty 50 and Sensex made fresh record highs of 21,505.05 and 71,623.71, respectively, in intraday trade on Tuesday, December 19, on gains led by select energy and FMCG majors, including Reliance Industries, ITC, Nestle and NTPC, amid broadly positive global cues. Both the indices, however, cooled off laterRead More →
The collective market capitalization of nine out of the top-10 most valued companies witnessed a substantial surge of ₹2.26 lakh crore last week, driven by an overall bullish trend in the equity market. Among these companies, Tata Consultancy Services (TCS) and Infosys emerged as the major gainers. During the week,Read More →
The Indian stock market witnessed a stellar week with both the Nifty 50 and Bank Nifty reaching new all-time highs this week. In the long term, the market holds immense potential, says brokerage firm Zerodha co-founder Nikhil Kamath. “In the long term, it likely has a lot of potential. InRead More →
Indian stock market: During the week, the Nifty witnessed a spectacular rally following a swing high breakout on the daily chart. This suggests a rise in optimism among market participants. However, the Nifty consolidated in the later part of the week. Going forward, 21000 is likely to act as aRead More →
