After experiencing a prolonged downward trend from October 2021 to March 2023, the company’s shares experienced a notable rebound in the subsequent month. Since then, they have consistently followed an upward trajectory, surging from ₹920.70 to the current trading price of ₹1,902. Also Read: Holi 2014 to Holi 2024: Nifty 50Read More →
As we’re aware, a demat account is essential for anyone venturing into the stock market for investing or trading. With a demat account, you gain access to trading various instruments like stocks, bonds, derivatives, currencies, and commodities. Moreover, you can also take part in IPO bidding, receive dividends, and obtainRead More →
“The PSU story is synonymous with the India saga, a narration of several micro, albeit, powerful reforms (GST, RERA, JAM, digital infra, physical infra, PLI template, Bankruptcy Act, RBI’s inflation targeting and increasing credibility, etc) – each creating a small delta improvement, but in unison react in unpredictable, positive waysRead More →
The U.S. services sector growth picked up in January as new orders increased and employment rebounded. The Institute for Supply Management (ISM) said on Monday that its non-manufacturing PMI increased to 53.4 last month from 50.5 in December, as per recent media reports. A reading above 50 indicates growth inRead More →
In total, the index has surged by 8% over the last five sessions. In terms of index contributors, Bank of Baroda played a significant role, contributing 46.81 points to the index rally today as investors responded positively to the bank’s Q3 numbers released during the market hours today. Also Read:Read More →
In addition, the dimming hopes for an early rate cut by the US Fed, geopolitical tensions in the red sea, and rising US bond yields have also dampened investors’ sentiment. This led them to book profits amid a significant rally in the Indian stock market in CY23, causing stocks toRead More →
The Nifty 50 index reclaimed the 20,000-mark after a span of two months. Domestic institutional investors (DIIs) purchased shares worth a provisional ₹2,360.81 crore, while foreign portfolio investors (FPI), who nibbled at ₹71.91 crore worth of purchases, are believed to have raised their already bullish bets on stock futures, marketRead More →
Apart from large-cap stocks, mid-and small-cap stocks also took a beating in October, marking a significant reversal from the positive momentum experienced over the previous six months, starting from April through September. In addition, the Q2FY24 earnings season also added volatility to the market as major Indian IT companies, includingRead More →
MUMBAI : Indian stocks plunged on concerns over the impact of rising US bond yields, the widening Israel-Hamas conflict, and the pressure on profitability posed by potentially higher crude oil prices. The decline was fuelled by widespread selling by retail and affluent investors across small- and mid-cap stocks, which hadRead More →
As per recent media reports, the US 10-year Treasury note briefly touched 5% on Thursday for the first time since 2007, and the Brent Crude futures rose above $93 per barrel on Friday, reaching a level not seen since October 3. The Nifty 50 and S&P BSE Sensex concluded theRead More →
