“In the present favourable market mood, Nifty is likely to make another attempt at a new record high trying to conquer the psychological market of 20,000. But, investors have to be cautious since fundamentals do not support a sustained rise above 20,000,” said V K Vijayakumar, Chief Investment Strategist atRead More →
The stock has been on a bullish run in the last six months, gaining over 33 per cent against a 22 per cent gain in the BSE Auto index and a 10 per cent gain in the equity benchmark Sensex. Experts are positive about the stock for the long termRead More →
After falling 2.5 per cent in August, market benchmarks the Sensex and the Nifty are up nearly 2 per cent in September so far. While the sentiment seems to have slightly improved, the market has to deal with many headwinds in the short term. The risk of inflation is notRead More →
Adani Group shares suffered significant losses on Thursday amid fresh allegations labelled by the Organised Crime and Corruption Reporting Project (OCCRP) which dragged the overall market capitalisation (mcap) of the group’s all 10 stocks lower by over ₹35,000 crore in a day. Data show that the overall mcap of allRead More →
Reliance Industries‘ (RIL) share price ended as the top loser in the Sensex index after the company’s 46th Annual General Meeting (AGM) on Monday. The stock closed 1.11 per cent down at ₹2,442.55 on BSE. With this, the stock is now up just about 3 per cent in the lastRead More →
To boost the confidence of investors and provide a substantial impetus to overall market sentiment, China has implemented a significant measure by reducing the stamp duty on stock trading by fifty per cent, starting Monday. According to a Bloomberg report citing the Chinese Ministry of Finance, the levy charged onRead More →
L&T share price has strongly outperformed equity benchmark Sensex in the last one year, rising over 41 per cent. The Sensex has gained just about 11 per cent in the same period. Experts and brokerage firms are positive about the stock for the long term. Global brokerage firm CLSA, afterRead More →
Frontline indices the Sensex and the Nifty closed lower on profit booking in shares of select heavyweights, including Reliance Industries and HDFC Bank, ahead of the annual central bank summit in Jackson Hole, Wyoming, on Friday. Markets anticipated clues on interest rate trajectory from Federal Reserve Chairman Jerome Powell. OfficialsRead More →
Key equity indices the Sensex and the Nifty closed in positive territory on Wednesday on gains led by banking heavyweights, including ICICI Bank, Axis Bank, HDFC Bank and SBI even as investors shift their focus to the meeting at the US Federal Reserve’s summer symposium in Jackson Hole, Wyoming. SensexRead More →
TVS Supply Chain share price traded lacklustre on its debut day on Wednesday. After a decent subscription of its initial public offering (IPO), logistics Solution Provider firm TVS Supply Chain Solutions saw a tepid debut on bourses on Wednesday. TVS Supply Chain shares were listed at a premium of 5.1Read More →
