In the last three months, shares of DMart have risen over 5 per cent, in sync with the benchmark Sensex which is also up 5 per cent for the period. The stock hit its 52-week high of ₹4,606 on September 2, 2022. As of June 8, 2023, close, the stockRead More →
Analysts pointed out that companies such as Nestle and Tata Consumer delivered strong performances, while Hindustan Unilever and Dabur fell short of expectations. On the other hand, smaller players like Bajaj Consumer and Jyothy Labs exceeded expectations and demonstrated promising growth. The numbers Among the heavyweights, ITC reported a 22.7Read More →
Equity benchmarks the Sensex and the Nifty ended lower for the second consecutive session on Thursday (June 1) on losses led by select heavyweights, including Kotak Mahindra Bank, ICICI Bank and Bharti Airtel, amid mixed global cues. After opening 114 points higher at 62,736.47, Sensex remained in a narrow rangeRead More →
India’s Q4FY23 GDP (gross domestic product) data is expected to be in the range of 5-5.5 per cent. The GDP data for the March quarter is set to be released by the National Statistical Office (NSO) on Wednesday (May 31) and experts and market participants expect that the country’s GDPRead More →
Shares of InterGlobe Aviation (IndiGo) rose about a per cent to hit their fresh 52-week high of ₹2,344.40 in morning trade on BSE on Monday (May 29). The stock opened at ₹2,322.10 against the previous close of ₹2,324.15 and soon rose to its 52-week high level. The stock is upRead More →
The bullish run of ITC shares remains unabated as they rose nearly 2 per cent in morning trade to hit their fresh 52-week high of ₹442.50 on BSE on Thursday (May 25), looking set to extend its winning streak into the fifth consecutive session. On a monthly basis, ITC shareRead More →
Shares of Devyani International rose over 5 per cent in morning trade on BSE on May 18, even as a day ago the company reported a fall in its net profit for the March quarter of FY23. The company, which is the largest franchisee of KFC and Pizza Hut inRead More →
Key equity indices the Sensex and the Nifty ended lower on May 16 on profit booking in select heavyweights, including HDFC twins and Reliance Industries (RIL) amid mixed global cues as investors expect the deadlock over the US government’s borrowing limit to end soon. US stock futures and European marketsRead More →
The index hit its all-time high of 18,887.60 on December 1, 2022. Analysts believe if the uptrend sustains, the benchmark index can hit an all-time high level by the next month. Read more: Nifty Predictions for May: Can Nifty hit an all-time high in May? Here’s what top technical analystsRead More →
Nifty hit its all-time high of 18,887.60 on December 1, 2022. At present, it is near 18,300 and technical analysts believe if the uptrend sustains, the benchmark index can hit the all-time high level by the next month. We talked to several technical analysts to understand what could be theRead More →
